Manchester United consider early termination of lease on Kensington offices to save money
Briefly

Manchester United is contemplating an early termination of its 10-year lease in Kensington as a response to a cost-cutting strategy by co-owner Sir Jim Ratcliffe. The club's recent move to this office occurred less than two years ago, but with most staff being encouraged to work from Manchester, the office has become oversized and costly. Despite plans to reduce staff by up to 200 positions, United intends to keep a London presence while exploring more affordable office options, likely abandoning the current lease in favor of a smaller space.
Manchester United are actively pursuing an early exit from their London office lease, aligning with new cost-cutting measures initiated by co-owner Sir Jim Ratcliffe.
Sir Jim Ratcliffe is prioritizing financial efficiency for Manchester United, prompting a potential exit from their Kensington office just two years into a 10-year lease.
Read at www.theguardian.com
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