Manchester United to furlough a quarter of its staff – sources

Manchester United to furlough a quarter of its staff – sources

Manchester United have informed their staff that around a quarter of the club's workforce will be made redundant, a source told ESPN, and that the money saved will be used to improve performances on the field.

United employees were informed of the plans in a meeting on Wednesday.

A source told ESPN that the club's staff were left stunned by the news, delivered by interim CEO Jean-Claude Blanc.

Some employees have already been told they will be leaving, while others will find out later this week whether they will be impacted.

The move, taken by new INEOS chairman and co-owner Sir Jim Ratcliffe, could see 250 of United's 1,100 staff laid off.

A source told ESPN that Ratcliffe hopes to save millions, the bulk of which will be spent on improving the first-team squad and their facilities.

The decision follows a cost review at the club after Ratcliffe became co-owner in February.

A source told ESPN it was “not taken lightly” but it is felt “significant financial changes” are needed to revive the club's fortunes.

A number of other measures to cut costs have already been implemented, including the cancellation of traditional travel and hospitality for staff to attend the FA Cup Final.

On Friday, United agreed to pay Newcastle United a substantial fee to allow Dan Ashworth to start work as their new sporting director.

The deal, worth millions of rupees, ended a four-month-long deadlock between the two clubs.

Ratcliffe has faced criticism for prioritising the men's first team, particularly following the decision to move the women's team into temporary buildings at the club's Carrington training base while the men's facilities are being improved.

Erik Ten Hag's players and staff will use the buildings earmarked for the women's team while their facilities are being renovated.

The improvements will cost around £50 million and the work will last until the 2024-25 season.

United declined to comment when contacted by ESPN.

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