Manchester United has announced plans to make an additional 150 to 200 job cuts as part of its ongoing cost-cutting measures, following five consecutive years of financial losses.
This comes after an initial round of redundancies last year, which saw approximately 250 roles eliminated.
The club began these cost-saving efforts after British billionaire Jim Ratcliffe invested $1.3 billion for a 25% stake in United, gaining control over its football operations.
Now, as part of a broader “transformation plan,” the club has confirmed that further job losses are likely, subject to consultations with employees.
“We have a responsibility to put Manchester United in the strongest position to win across our men’s, women’s, and academy teams,” said United’s chief executive Omar Berrada. “We are initiating a wide-ranging series of measures which will transform and renew the club.
“Unfortunately, this means announcing further potential redundancies and we deeply regret the impact on those affected colleagues. However, these hard choices are necessary to put the club back on a stable financial footing.”
United aims to return to profitability after years of financial setbacks, having posted losses annually since 2019.
“This cannot continue,” Berrada stated. “Our two main priorities as a club are delivering success on the pitch for our fans and improving our facilities. We cannot invest in these objectives if we are continuously losing money.
“At the end of this process, we will have a more lean, agile, and financially sustainable football club, while continuing to provide a world-class service to our valuable commercial partners. We will then be in a much stronger position to invest in football success and improved facilities for fans, while remaining compliant with UEFA and Premier League regulations.”
In addition to workforce reductions, the club has raised the price of its lowest-cost tickets from £40 ($49) to £66 ($81) midway through the season.
On the pitch, United—historically the most successful team in English football with 20 league titles, is enduring one of its worst seasons in recent memory.
The team currently sits in 15th place in the Premier League, having won only eight of its first 26 matches while suffering 12 defeats.
