Jim Ratcliffe could cut 300 jobs at Manchester United in streamlining

11 months ago 16

Ineos will instruct external auditor to assess club’s structureRatcliffe believes staff of 1000 can be reduced by 25-30% Sir Jim Ratcliffe is expected to ask an external auditor to assess Manchester United’s structure and expenditure with a view to...

Ineos will instruct external auditor to assess club’s structureRatcliffe believes staff of 1000 can be reduced by 25-30%

Sir Jim Ratcliffe is expected to ask an external auditor to assess Manchester United’s structure and expenditure with a view to executing a major streamlining exercise, meaning as many as 300 jobs are potentially under threat.

Executives from Ineos have been in discussions with United over the past weeks regarding Ratcliffe’s plans ahead of his 25% purchase of the club becoming official on Christmas Eve, with the club’s management already having been reminded to curb rising costs to ensure maximum funds for transfers within the strictures of financial fair play.

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