First major upheavals at Manchester United? While he has just acquired 25% of his shares, Jim Ratcliffe would like to reduce the costs of the Mancunian club, according to The Guardian. To do this, the CEO of Ineos would consider carrying out an audit, via an external actor, which could lead to the dismissal of 25 to 30% of the thousand employees working at the club. Nearly 300 people and their jobs would therefore find themselves threatened by this operation intended to save money.
Committed for the “long term” with Erik Ten Hag’s Red Devils, Ratcliffe would like to focus his spending on the purchase of players while investing 300 million euros in the club’s infrastructure after having invested 1.5 billion euros to enter the capital of the English giant. Hence its desire to reduce additional costs in other sectors of the institution according to their efficiency.
“You are ambitious for Manchester United and we are too. There are no guarantees in sport, and change can inevitably take time but we are in this for the long term and together we want to help Manchester United get back to where they belong, at the pinnacle of English, European football. and global, said the British billionaire in a letter to Manchester United supporters groups. I take this responsibility very seriously. I believe we can deliver sporting success on the pitch to complement the undoubted commercial success the club has enjoyed. This will require time and patience, as well as rigor and professional management of the highest level.”