• Ineos will instruct external auditor to assess club’s structure
  • Ratcliffe believes staff of 1000 can be reduced by 25-30%

Sir Jim Ratcliffe is expected to ask an external auditor to assess Manchester United’s structure and expenditure with a view to executing a major streamlining exercise, meaning as many as 300 jobs are potentially under threat.

Executives from Ineos have been in discussions with United over the past weeks regarding Ratcliffe’s plans ahead of his 25% purchase of the club becoming official on Christmas Eve, with the club’s management already having been reminded to curb rising costs to ensure maximum funds for transfers within the strictures of financial fair play.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Children’s authors describe ‘worrying trend’ of censorship of books on diversity

Fear of backlash means stories about race, sexuality and neurodiversity increasingly deemed…

IPCC issues ‘bleakest warning yet’ on impacts of climate breakdown

Report says human actions are causing dangerous disruption, and window to secure…

Kevin Spacey to travel voluntarily to UK to face sexual assault charges

Authorised charges relate to alleged attacks in London and Gloucestershire between 2005…