Manchester United to cut 200 more jobs in cost-saving plan

Manchester United are set to cut up to 200 more jobs, just a year after removing 250 roles, as the club struggles to regain financial stability following five consecutive years of losses.

A club statement on Monday confirmed the proposed redundancies, which are part of a broader “transformation plan” aimed at restoring profitability. The plan includes scrapping free staff lunches at Old Trafford—a measure expected to save over £1 million per year—and reducing staff bonuses.

The latest cuts come just over a year after Sir Jim Ratcliffe and INEOS took control of football operations at the club.

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“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,” the statement read.

“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.”

United’s Financial Crisis Deepens

United’s financial woes were highlighted in their latest quarterly accounts, which revealed a £27.7m loss, with operating profit plummeting from £27.5m to £3m.

In response, the club recently raised ticket prices at Old Trafford, citing a cumulative loss of over £300m in the past three years.

“We are currently making a significant loss each year,” the club said in response to fan backlash over ticket hikes.

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“This is not sustainable, and if we do not act now, we are in danger of failing to comply with PSR/FFP requirements in future years, significantly impacting our ability to compete on the pitch.”

CEO Omar Berrada: “These Hard Choices Are Necessary”

United’s CEO, Omar Berrada, defended the cost-cutting measures, stating that tough financial decisions must be made to ensure long-term stability.

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

“At the end of this process, we will have a more lean, agile, and financially sustainable football club. 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.”

On-Field Struggles and Costly Sackings

The financial strain at Old Trafford has been exacerbated by turmoil on the pitch. United currently sit 15th in the league under head coach Ruben Amorim, while recent managerial changes have added to the club’s expenses.

United’s decision to extend Erik ten Hag’s contract in the summer, only to sack him and his backroom staff nine games into the season, cost the club £10.4m.

Additionally, it cost over £4.1m in compensation and severance to recruit and then dismiss sporting director Dan Ashworth.