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Article continues belowArticle continues belowArticle continues below<script type="application/json" data-placement="fcplayer-semantic">{"type":"fcplayer-semantic","data":{"embedCode":"//cdn.fcp.codes/embed-code-template/embed-code-template.js#SEMANTIC_5704afb8-c10b-4ba5-9cb4-d7fb6098ef90"}}</script><ul><li>Ratcliffe bought 25% stake in Man Utd</li><li>Major review of structure to be carried out</li><li>As many as 300 jobs could be cut at club</li></ul>

300 Man Utd jobs at risk as Sir Jim Ratcliffe plans cutbacks after completing partial Old Trafford takeover

Premier League

Ipswich

Ratcliffe will ask an external auditor to assess the club's structure and its expenditure, <a href="https://www.theguardian.com/football/2023/dec/26/ratcliffe-could-cut-300-jobs-at-manchester-united-in-streamlining?CMP=share_btn_tw" target="_blank">The Guardian</a> reports. The club's management have been instructed to help ensure they have as much money as possible to spend on transfers by restricting rising costs in other areas.

WHAT HAPPENED?

United have at least 1,000 employees on their payroll and Ratcliffe believes that figure can be cut by between 25 and 30 percent. He is expected to hire a major auditor to inspect the structure at the club, with one of KPMG, Deloitte, Ernst &amp; Young or PwC tipped to be called in.

THE BIGGER PICTURE

Ratcliffe's <a href="https://www.goal.com/en/lists/man-utd-confirm-sir-jim-ratcliffe-partial-man-utd-takeover-christmas-eve/bltf115e1c0a3e3d3b7" target="_blank">purchase of a 25% stake in United for £1.25 billion ($1.59bn)</a> was confirmed on Christmas Eve. He will provide $300 million (£237m) to renew the infrastructure at Old Trafford. His partial takeover will be ratified by the Premier League after the January transfer window.

DID YOU KNOW?

The Red Devils may look to invest further in the squad in the January transfer window. First of all, though, Erik ten Hag's team will finish off the year with a Boxing Day match against Aston Villa before facing Nottingham Forest on December 30.

WHAT NEXT FOR MAN UTD?

300 Man Utd jobs at risk as Sir Jim Ratcliffe plans cutbacks after completing partial Old Trafford takeover | Goal.com

As many as 300 jobs are at risk at Manchester United as new part-owner Sir Jim Ratcliffe looks to undergo a major streamlining exercise at the club.