Man United plans job cuts amid financial restructuring

Premier League powerhouse Manchester United is set to implement another round of job cuts, reducing its workforce by approximately 150 to 200 positions as part of a broader restructuring plan aimed at restoring financial stability.

The move follows a previous wave of layoffs last year, in which around 250 roles were eliminated under the leadership of co-owner Sir Jim Ratcliffe. In a recent staff meeting, Chief Executive Omar Berrada emphasized the necessity of these changes, highlighting the club’s commitment to long-term sustainability and improved operational efficiency.

As of June 30, 2024, Manchester United employed 1,140 people, meaning the combined 450 job cuts would account for roughly 39% of its workforce. The decision comes amid mounting financial pressures, with the club reporting a £27.7 million loss in the second quarter—bringing total losses to over £300 million in the past three years.

Despite on-field challenges, United is focused on building a more stable foundation for investment in both the men’s and women’s teams, as well as infrastructure improvements. Berrada reaffirmed this vision, stating, “We have a responsibility to ensure the club is in the best shape possible to compete at all levels.”

As part of the restructuring, some staff members will be relocated from Old Trafford to the Carrington training base, streamlining operations while maintaining a strong presence in Manchester. Cost-cutting measures also include the discontinuation of free lunches at Old Trafford—a move projected to save over £1 million annually.

However, Manchester United remains committed to its community initiatives. The club will maintain its £40,000 annual donation to the Manchester United Disabled Supporters Association and is in discussions with the Manchester United Foundation regarding continued contributions.