November 27 – Since becoming Manchester United minority shareholder, Sir Jim Ratcliffe (pictured), has been wielding a heavy scythe. In July he released 250 employees in a decision related to cutting costs.
A statement in the first quarter’s accounts just filed, said: “Exceptional items (redundancies) for the quarter were a cost of £8.6 million. This comprises costs incurred in relation to the restructuring of the Group’s operations, including the redundancy scheme implemented in the first quarter of financial year 2025.
The post Man Utd debt balloons to £714m as cost of hiring Amorim hits €12.6m appeared first on Inside World Football.
