Man Utd unveils strategic overhaul to secure financial stability

The newly proposed strategy seeks to restore profitability following five consecutive years of financial losses since 2019. By implementing these changes, the club intends to establish a more secure financial foundation, enabling greater investment in both men's and women's football, as well as infrastructural improvements.

As part of this restructuring, the club anticipates a reduction in its workforce, with an estimated 150 to 200 positions potentially becoming redundant, subject to a consultation period with affected employees. This follows the removal of approximately 250 roles in the previous year.

Manchester United's CEO, Omar Berrada, stated: “Our duty is to place Manchester United in the strongest possible position to achieve success across our men's, women's, and academy teams.

"To achieve this, we are implementing a comprehensive set of measures designed to transform and revitalise the club. Regrettably, this includes the difficult decision to announce further possible redundancies, and we deeply sympathise with those impacted. Nevertheless, such tough decisions are essential to restoring financial stability."

He continued: "Sustaining losses for five consecutive years is unsustainable. Our primary goals remain to deliver success on the pitch for our supporters and enhance our facilities. However, ongoing financial losses prevent us from making the necessary investments to achieve these aims."

"Once this transformation is complete, Manchester United will be a more streamlined, dynamic, and financially robust organisation. We will continue offering a world-class service to our valued commercial partners while ensuring compliance with UEFA and Premier League regulations. This will ultimately allow us to reinvest in footballing success and improved experiences for our fans."

 

February 24, 2025