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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 and INEOS bring in corporate restructuring firm</li><li>Staff left fearing for their jobs </li><li>United have biggest wage budget of any PL club for staff</li></ul>

Sir Jim Ratcliffe launches ruthless Man Utd cost-cutting exercise to leave staff fearing for their jobs

Premier League

Ipswich

<a href="https://www.dailymail.co.uk/sport/football/article-13191527/Manchester-United-jobs-fear-Sir-Jim-Ratcliffe-starts-major-cost-cutting-exercise-Old-Trafford-staffing-levels-slashed-QUARTER.html" target="_blank">The Daily Mail</a> reports that Ratcliffe has appointed a corporate restructuring firm, Interpath Advisory, to cut costs at Old Trafford. United's most recent financial results showed that their staff costs had risen to a staggering £95 million ($121.5m) in 2023-24 and Ratcliffe is said to believe that such a giant outlay is holding the club back.

WHAT HAPPENED?

As a result of the review, <a href="https://www.goal.com/en-gb/lists/300-man-utd-jobs-sir-jim-ratcliffe-cutbacks-old-trafford-takeover/blt44e59ad186aac6b9" target="_blank">staff have been left fearing for their jobs</a> and up to a quarter of those employees could be laid off. United have over 1,100 staff members; by comparison, the next highest number in the league comes at Liverpool, who have 900. Manchester City have 720.

THE BIGGER PICTURE

United were unable to buy any players in the January transfer window because they were close to breaching the Premier League's profit and sustainability rules (PSR). Ratcliffe, as a result, is taking steps to ensure they can reverse away from the precipice.

DID YOU KNOW?

United are back in action this Sunday against Liverpool in a major FA Cup quarter-final. Ratcliffe may well be present for such a massive encounter.

WHAT NEXT?

Sir Jim Ratcliffe launches ruthless Man Utd cost-cutting exercise to leave staff fearing for their jobs | Goal.com

Manchester United&apos;s staffing numbers could be cut by up to a quarter as Sir Jim Ratcliffe and INEOS seek ways to save money at Old Trafford.