Manchester United is planning to cut approximately 250 jobs as part of a club-wide redundancy initiative, a source close to the organization informed Reuters.
These job reductions will affect all departments and levels within the club, with the exception of its charitable division, the Manchester United Foundation, the source stated.
Initially reported by the Daily Mail, the job cuts will account for about 22% of Manchester United's workforce.
The 20-time English champions, who experienced their worst Premier League finish since 1990 by placing eighth last season, are conducting a comprehensive review of all operations ahead of the 2024-25 season.
This development follows a few months after British billionaire Jim Ratcliffe acquired a 25% stake in Manchester United and assumed control of their soccer operations to improve the team's performance.
As of June last year, Manchester United employed approximately 1,112 individuals, including players, coaches, administrative staff, and others.
The club, which is scheduled to report its third-quarter results on July 10, will soon welcome new CEO Omar Berrada from Manchester City's parent company, City Football Group, later this month.
Manchester United is set to compete in the second-tier Europa League next season, courtesy of its FA Cup victory, after failing to qualify for the prestigious Champions League. Photo by Steve Collis from Melbourne, Australia, Wikimedia commons.