Manchester United job cuts to reach over 400, Leeds’ huge win, Luka Doncic to face Mavs
More bad news comes out of Old Trafford, while it’s all smiles for Leeds as they take a huge step towards the Premier League
It doesn’t rain, it pours at Old Trafford these days.
Almost every update that comes out of Manchester United is negative – and Tuesday morning’s was no exception.
Once again, though, the focus turns to matters off the pitch which, believe it or not, are even worse than those on it.
More cuts
Manchester United will cut around 150-200 more jobs as part of an overhaul to return to profitability after five years of losses.
The plan is in addition to 250 jobs removed last year, the club said.
The club have been restructuring and cutting costs since British billionaire Jim Ratcliffe took a 25 per cent stake last year and took charge of football operations to try to revive fortunes on the pitch.
In September, the 20-time English champions reported their fifth straight annual loss as they missed out on the lucrative Uefa Champions League competition.
“We have lost money for the past five consecutive years. This cannot continue,” CEO Omar Berrada said in a statement.