In total decay on the ground, Manchester United is also economically ill. The club has announced a new layoff plan.
Where will Manchester United stop? Monster of English football a good decade ago, the club formerly trained by Sir Alex Ferguson is only the shadow of himself. Since the legendary Scottish has left, the Red Devils have continued to fall slowly but surely. Current fifteenth of the Premier League, United also experienced economic difficulties and management has just announced the preparation of a new layoff plan.
The Mancunian club published an official press release this Monday to explain why several dozen positions were going to be deleted. While he has already put around 250 employees at the door last year, Manchester United will repeat with 150 to 200 new layoffs, subject to a consultation process with the employees. “Manchester United will transform its business structure, as part of a series of additional measures aimed at improving the club’s financial sustainability and increasing its operational efficiency. »»
“This cannot continue,” said Mu CEO
Recalling that the club has just chained “Five consecutive years of losses since 2019”He then said that these changes would allow “Create a more solid financial platform, from which the club can reconnect with the success of its male and female teams, with better infrastructure. »» In this press release, Manchester United CEO, Omar Berrada, also made a statement about the club’s financial situation.
“We have lost money in the past five years. This can no longer continue. Our two priorities as a club are to win in the field for our fans and improve our infrastructure. We cannot invest in these areas if we continue to lose money. At the end of this process, we will have a lighter, more agile and financially viable club. »»
