Ratcliffe and Ineos are preparing more rebirth at Manchester United

Ir Jim Ratcliffe, co-owner of Manchester United, is reportedly considering a job opening for another round as part of his ongoing cost-cutting measures at the club.

United seniors have confirmed that additional cost-cutting strategies are being investigated as the club has lost nearly £300 million over the past three years. One insider described the situation as “unsustainable.”

The club has not directly addressed reports suggesting that the INEOS group, chaired by Ratcliffe, is considering redundancy between 100 and 200.

Another potential cost-cutting move is the closure of United’s London office in Kensington.

However, club officials advocate for a presence in capital to focus on global marketing and commercial partnerships.

Ineos has already made significant cuts, including cutting 250 jobs, canceling Alex Ferguson’s role as paid ambassador, and ending Cup Finals’ free staff trip.

The reason behind these measures is to redirect funds to strengthen first-team teams. The previous redundant round was estimated to save the club around £45 million a year.

United’s team operations head Jackie Kay is set to leave with the club for nearly 30 years. Her departure marks another major change under Ratcliffe’s leadership.

🚨 Ir Jim Ratcliffe understands his decision is unpopular, but feels he lacks awareness outside the club. #murncThe situation. (@jamiejackson___)) pic.twitter.com/wjj5fcvv7z

– United Stand (@unitedstandmufc) February 12, 2025

In December, Ratcliffe warned that moving the club in the direction he envisioned would require more “difficult and unpopular decisions.”

Many United employees, including those already affected by the job offer, have admitted that the club has been “bloated” in terms of staffing. However, the extent of the reduction is shocking and frustrating.

Ratcliffe has already injected £300 million into Manchester United, with a significant portion allocated to upgrade Carrington’s training facility and plans for possible new stadiums.

United’s latest financial statements revealed a net loss of £113.3 million for the year ending June 30, 2024.

The club previously reported a loss of £28.7 million in 2022-23 and a loss of £115.5 million in 2021-22, but cumulative losses over the past five years have exceeded £370 million. Masu.

Ineos and Ratcliffe have faced criticism for increasing the match-day ticket price to £66 per match without discounts for children and pensioners.

Manchester United’s performance on the pitch is unfortunate. They currently sit in 13th place in the Premier League, with league leader Liverpool earning 27 points and top 4 x 14 points.

Under the new ownership, the club spent more than £200 million on new signings in two transfer windows.

At the same time, they promote key players exits, with midfielder Scott McTominai moving to Napoli and Marcus Rashford renting out to Aston Villa.

Famous signatures Jadon Sancho and Antony are also available for loan as part of the team’s reshuffle.