Man United to lay off staff, cite reason

Share our post

Manchester United has unveiled a major restructuring plan aimed at improving its financial situation and making the club more efficient.

The club has faced financial losses for five consecutive years since 2019. To reverse this trend, it plans to cut about 150 to 200 jobs, pending employee consultations. This follows the elimination of 250 positions last year as part of a broader effort to restore profitability.

The announcement was made in a statement titled "United Announce Transformation Plan", published on the club’s website on Monday.

Omar Berrada, the newly appointed CEO, acknowledged the club’s financial difficulties and emphasized the need for change.

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

“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.”

Manchester United, despite its global reputation and commercial strength, has struggled to balance its finances in recent years. The club’s restructuring aims to end financial losses while ensuring compliance with UEFA and Premier League regulations.

“We have lost money for the past five consecutive years. 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.”

The plan is designed to create a leaner, more efficient organization that can better support Manchester United’s sporting ambitions.

“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,” Berrada explained.

“We will then be in a much stronger position to invest in football success and improved facilities for fans.”

The announcement comes as fans demand better on-field performances and upgrades to the club’s infrastructure. While the job cuts may be difficult in the short term, the club’s leadership insists they are necessary for long-term stability and success.

Leave a Reply

Your email address will not be published. Required fields are marked *