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Manchester United co-owner Jim Ratcliffe's company INEOS has placed its ownership of Swiss soccer club Lausanne-Sport into a blind trust to comply with UEFA rules on multi-club ownership to enter European competitions.
Manchester United expects to make up to a further 200 jobs redundant as part of cost-cutting measures after five straight years of losses, the club said Monday. United made around 250 roles redundant in a first wave of savings last year after British billionaire Jim Ratcliffe paid $1.
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Manchester United are to cut up to 200 further jobs as part of a strategy they claim will transform the club into a more lean operation. Having made 250 staff redundant last summer, United confirmed on Monday that there would be further job reductions of between 150 and 200 employees.
Manchester United has announced the layoff of 200 employees in an effort to regain profitability after five years of losses. Under Jim Ratcliffe’s leadership, the club also cut benefits for staff and former players like Sir Alex Ferguson.
In his chat with SEG Stories' YouTube channel, Erik ten Hag does not discuss the detail around his time at Manchester United, what he thinks about Sir Jim Ratcliffe or the rationale behind some of the players he signed for instance.
Manchester United has announced a new round of job cuts and ended free lunch for staff as shareholder Sir Jim Ratcliffe puts a further squeeze on spending in an effort to revive the fortunes of the struggling team.
Manchester United have a rich history of producing top talent and Sir Jim Ratcliffe and Co have every right to be excited about one of their latest attacking prospects
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Daily Star on MSNSir Jim Ratcliffe's Man Utd project to be ditched as Ruben Amorim issue emergesSir Jim Ratcliffe's project at Manchester United has taken a major hit with his plan to regain the Premier League title by 2028 proving to be a tougher task under Ruben Amorim's current form
Manchester United are set to lose three senior executives next summer including the person responsible for the latest round of redundancies.
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Yardbarker on MSNSir Jim Ratcliffe Claims Job Cuts Are Essential to Save Manchester United from Financial TroubleSir Jim Ratcliffe considers eliminating 200 more corporate positions as vital for preventing Manchester United from going bankrupt. The club has accumulated £300 million losses during the previous three years prompting Jim Ratcliffe to take prompt action for financial recovery.
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Legit.ng on MSNJose Mourinho Fuels Manchester United Return Rumours After Comments About Owner RatcliffeJose Mourinho has sparked Manchester United return rumours after sharing his strong relationship with INEOS chief and club owner Sir Jim Ratcliffe.
Manchester United may need to abandon Project 150 after realising it could take Ruben Amorim years to build a team capable of winning the Premier League. Upon his arrival at the club last summer, Chief Executive Omar Berrada announced that co-owner Sir Jim Ratcliffe aimed to bring the championship back to Old Trafford by 2028 to celebrate United's 150th anniversary.
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