- Man United told 200 staff members this month they are at risk of redundancy
- United then suffered a huge financial blow by losing the Europa League final
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Manchester United have begun the process of telling staff they have lost their jobs, just hours after the team’s defeat in the Europa League final.
Mail Sport understands that some of the 200 employees at risk of redundancy are being informed of their fate this week.
Rather than let the disappointment of the 1-0 loss to Tottenham subside, Old Trafford executives are cracking on with the club’s savage cuts.
Chief executive Omar Berrada told staff in February that more redundancies were on their way as part of a ‘transformation plan’ aimed at returning the club to ‘profitability’. This followed 250 job losses last year.
Sources have expressed surprise at the timing of the move to deliver the latest news to staff, so soon after the defeat in Bilbao, but the club would appear keen to make savings as soon as possible, especially after missing out on the £100million windfall of Champions League qualification.
It is not known if Sir Jim Ratcliffe and his Ineos operation plan more cuts to the workforce, but morale is said to be low inside the club, with popular and longstanding colleagues set to depart.
Man United have begun the process of telling staff they have lost their jobs amid the latest cost-cutting drive by Sir Jim Ratcliffe, just hours after their defeat in the Europa League final
Old Trafford executives are cracking on with the savage job cuts following the Tottenham loss
Chief executive Omar Berrada told staff in February that more redundancies were on the way
Mail Sport has previously reported how the defeat could have significant consequences for United’s future.
In the immediate aftermath of the final the club’s share price plummeted by £160million, while United will also miss out on a windfall of more than £100m by failing to qualify for the Champions League.
This has understandably left many concerned over the financial situation of United given the club has posted net losses of more than £370m in the five years up to June 2024.
Meanwhile, speaking after the final, a downbeat Ruben Amorim had opened up on his devastation at the result, before he revealed he is prepared to leave United without a penny in compensation if owners and fans no longer believe he can turn the club around.
When asked what he can say to supporters to give them hope that his methods – which he is refusing to compromise on in any way – can work in the long term, he made a stunning admission on his future.
‘I have nothing to show to the fans, so in this moment it is a little bit of faith (that is required),’ he said.
‘Let’s see (on the future). Like I said before, I am always open.
‘If the board and fans feel that I am not the right guy, I will go in the next day without any conversation about compensation, but I will not quit.
‘I am really confident on my job and as you see I will not change nothing in the way I do things.’
