There is no free lunch in Manchester United, where Jim Ratcliffe puts pressure on spending

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Manchester United is betting that more job cuts and the end of free lunch meals for employees will help revive the wealth of the stalled team inside and outside the stadium, where the shareholder Sir Jim Ratcliffe puts in spending the club.

united The costs have been strongly reduced since the billionaire of British chemicals became a contributor to the minority a year ago and delivered daily control over the sports operations of executives from his company INEOS.

The club said on Monday that up to 200 people will be extravagant, in addition to 250 jobs that were cut last year.

We have lost a lot of money over the past five years in a row. “At the end of this process, we will have a more meager, graceful and sustainable football club.”

Berrada added that the club hopes to return to profitability and be in a much stronger position to invest in the success of football and improve the facilities for the fans.

The club’s latest “transformation plan” is scheduled to include a wide range of money -saving measures, such as ending free meals for employees and reducing the number of people working in London.

Rewards will be reduced and a new incentive scheme will be brought in closely related to sporting and financial performance. The club will also introduce a new list of Garrington Training Ground, so that players and employees no longer show the same meals.

United has dominated the English Premier League since the early 1990s until Sir Alex Ferguson as a manager in 2013. However, the team has not won the league since then, and is currently sitting in fifteenth in the league table, after losing 12 out of 26 games.

Ratcliffe Satisfy the official From mathematical operations, it was afflicted with expensive decisions. The club dismissed Eric Tin Hag, the coach in October, just three months after the expansion of his contract, and his shop was dissolved with Portuguese manager Robin Amorim, at a cost of 21 million pounds. Dan Ashworth also left as a sports director less than six months in this position.

The club was also active in the transportation market, where it spent about 240 million euros this season, according to the number of Transfermarkt, the third highest in European football.

The Glazer family still owns the majority of stocks in the club, which was included on the New York Stock Exchange. United recorded losses of 113 million pounds last year, despite record revenues of 661 million pounds, and It lost 27.7 million pounds In the last quarter.

In addition to reducing costs, the club also sought to increase revenues. Late last year, she announced an end to pricing concession tickets for children and retirees, a decision that Manchester United supporters described as “offensive.”

United owners of United will decide at the end of the season whether Old Trafford will be replaced or promoted for the club. One of the main buildings for standing is how any project will be funded, and full reconstruction is likely to cost about 2 billion pounds.



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