Man United may sack 25% of club staff following Sir Jim Ratcliffe hire decision

Manchester United may sack up to 25 per cent of their staff following a cost-cutting decision by new co-owner Sir Jim Ratcliffe.

Sir Jim Ratcliffe is continuing to make waves at Manchester United as he looks to cut expenditure costs at the Old Trafford club.

United have become rather infamous for spending money in areas that they either do not need to or commit too much money to and with the club being restricted by profit and sustainability rules, costs must be cut.

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According to MailOnline, Ratcliffe has now appointed corporate restructuring firm Interpath Advisory to undertake a major cost-cutting exercise at United.

The review will take place in two parts, with the first task being to analyse United’s business costs, such as travel bills and contracts with external companies.

The second phase, later this year, will involve a review of United’s employee costs, which is expected to lead to significant job cuts of 20 to 25 per cent.

The article describes that United currently employ over 1112 people, which significantly more than rivals in the Premier League such as 900 at Liverpool, 750 at Tottenham, 720 at Manchester City, and 700 at Arsenal.

With INEOS likely wanting to save as much money as possible in order to streamline operations at the club, it will not be surprising if a large portion of layoffs happen at United before the end of the calendar year.