Sir Jim Ratcliffe's Cost-Cutting Measures Reshape Manchester United Operations
The billionaire's first year in charge has seen sweeping changes, including job cuts, reduced staff perks, and increased ticket prices, as he aims to address the club's financial struggles.
- Sir Jim Ratcliffe has overseen 250 redundancies at Manchester United, reducing the club's staffing levels by around 22% in an effort to cut costs.
- Staff Christmas bonuses have been reduced from £100 to a £40 Marks & Spencer voucher, with the annual Christmas party also canceled this year.
- Matchday ticket prices have risen to £66 with no concessions, sparking discontent among fans, who fear being priced out of attending games.
- Longtime club ambassador Sir Alex Ferguson will step down at the end of the season as part of Ratcliffe's cost-cutting measures, drawing criticism from supporters and former players.
- Ratcliffe has defended the unpopular decisions, citing the club's financial losses and the need to reallocate funds toward improving the first-team squad.
The Telegraph 
Fortune 
