Manchester United is poised to implement a transformation plan that includes cutting 150 to 200 jobs to improve financial sustainability after suffering losses for five consecutive years. Around 250 employees were let go last year, and ticket prices have increased despite fans' disapproval. The club's CEO emphasized the need to reinvest in both men's and women's football and infrastructure, indicating that consistent financial losses cannot hinder future investments. The overall goal is to return to profitability, marking a critical juncture for the club’s operation.
"As part of these measures, the club anticipates that approximately 150 to 200 jobs may be made redundant, subject to a consultation process with employees. These would be in addition to the 250 roles removed last year."
"Unfortunately, this means announcing further potential redundancies and we deeply regret the impact on those affected colleagues. However, these hard choices are necessary to put the club back on a stable financial footing."
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