Manchester United has confirmed plans for up to 200 further layoffs for employees as part of a restructuring, which they hope that they “improve the club’s financial sustainability and improve operational efficiency”.
Although United has achieved financial losses in five consecutive years in five consecutive years in five consecutive years since 2019, including a club record for the 2023/24 season.
In a club declaration published on Monday afternoon, it was explained that in addition to 250 jobs that were already removed in the previous round of redundancies last summer, another 150-200 roles are susceptible. At the end of the “consultation process”, the united workforce could be a little more than half of what was only a few months ago after he had previously occupied around 1,000.
The cost of strengthening the club’s financial foundation is the driving factor for another round of brutal cuts, although critics would emphasize that several below -average members of the game team were more of a financial outflow than just a few hundred daily employees.
The employees have already seen many benefits in the past few months, with the Stabs canteen in Old Trafford the youngest victim – can be replaced in office after free fruit – according to the victim – is to be replaced by free fruit – loud The guardian.
The club was also guilty of wasting extensive means. In the dismissal of Erik Ten HAG shortly after the expansion of his contract, the payment to break Ruben Amorim out of his sporty CP contract and to discontinue and dismiss Dan Ashworth.
In the meantime, the Leveraged Buyout of the Glazer family is still a squeezing financial burden, with more than 1 billion GBP lost for the maintenance of the enormous debts during the takeover of 2005. Previously, Manchester United had been debt -free since the 1930s.
“We are responsible for bringing Manchester United into the strongest position to win in our men’s, women’s and academy teams. We initiate a far-reaching series of measures that will change and renew the association” of the statement.
“Unfortunately, this means to announce further potential layoffs, and we deeply regret the effects on the colleagues concerned. However, these hard decisions are necessary to put the club back on a stable financial foot.
“We have lost money in the last five consecutive years. This cannot be continued. Our two main priorities as club provide our fans on the field of success and improve our facilities. We cannot invest in these goals if we lose money continuously.
“At the end of this process and improved facilities for fans, while they have remained compliant with the regulations of the UEFA and the Premier League.”