Manchester United's reason behind 200 MORE job cuts club says it 'deeply regrets'

Manchester United have explained that their latest round of redundancies, which will see up to 200 employees lose their jobs, is being made to make the club profitable again.

And while Sir Jim Ratcliffe’s INEOS are also planning to shut the staff canteen, and serve the club fruit, club chiefs have made it clear that a complete restructuring of the club is to stop the business from being a loss-making entity.

United have failed to turn a profit in the past five years, with the first team’s slump contributing to a significant drop in broadcast revenue. Their absence from the Champions League is also costing them matchday and commercial revenue.

A meeting with staff, led by chief executive Omar Berrada, took place early on Monday with the club confirming its plans to trim the staff further having culled 250 roles last year. He said it will make the club more “lean, agile and financially sustainable.”

And the club followed that up with a statement, reading: “The transformation plan aims to return the club to profitability after five consecutive years of losses since 2019. This will create a more solid financial platform from which the club can invest in men’s and women’s football success and improved infrastructure.

“As part of these measures, the club anticipates that approximately 150-200 jobs may be made redundant, subject to a consultation process with employees. These would be in addition to the 250 roles removed last year.”

Berrada, meanwhile, added: “We have a responsibility to put Manchester United in the strongest position to win across our men’s, women’s and academy teams. 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.

“We have lost money for the past five consecutive years. This cannot continue. 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.”

United remain mired in the bottom half of the Premier League table with head coach Ruben Amorim admitting earlier this month that the players and first-team coaching staff must take the blame for the job cuts because if they were performing at the top level the club would be more likely to be profitable.

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