{"id":97640,"date":"2023-12-20T19:25:41","date_gmt":"2023-12-20T19:25:41","guid":{"rendered":"https:\/\/stopsmokingway.com\/?p=97640"},"modified":"2023-12-20T19:25:41","modified_gmt":"2023-12-20T19:25:41","slug":"man-utd-staff-face-brutal-cuts-as-jim-ratcliffe-attempts-to-replicate-ineos","status":"publish","type":"post","link":"https:\/\/stopsmokingway.com\/soccer\/man-utd-staff-face-brutal-cuts-as-jim-ratcliffe-attempts-to-replicate-ineos\/","title":{"rendered":"Man Utd staff ‘face brutal cuts’ as Jim Ratcliffe attempts to replicate INEOS"},"content":{"rendered":"
Sir Jim Ratcliffe will recommend staff cutbacks and further savings once he completes his \u00a31.3billion deal for a 25 per cent stake in Manchester United, according to reports. The INEOS founder is preparing to oversee changes at Old Trafford in line with the petrochemicals giant’s successful structure.<\/p>\n
Sir Jim won’t enter power until the New Year as the complexities of negotiations continue to delay an official announcement of the deal.<\/p>\n
Even if United confirm the 71-year-old’s minority investment before Christmas, it will take a further six to eight weeks to be ratified by the Premier League.<\/p>\n
But INEOS underwent due diligence during the takeover process, and their findings could spark change behind the scenes once Ratcliffe earns a seat on the board.<\/p>\n
According to the Mail, Ratcliffe believes that United are overstaffed in several departments and that a restructuring is required to make the club more streamlined.<\/p>\n
He is set to recommend efficiency savings at Old Trafford, including cutting the 1100-plus employees on United’s payroll.<\/p>\n
The Red Devils’ staff count reportedly soared from around 800 to 1112 this year due to significant investment in the commercial and digital areas of the organisation.<\/p>\n
Click <\/strong>here<\/strong> to join our WhatsApp community to be the first to receive breaking and exclusive Man Utd news.<\/strong><\/p>\n READ MORE <\/strong> Man Utd ‘very interested’ in signing another Onana as January plans take shape[TRANSFERS] <\/strong><\/p>\n <\/p>\n But some figures within the walls of Old Trafford are said to have privately admitted that United’s staff count – by far the largest in the Premier League – has become a problem.<\/p>\n In comparison, Liverpool employ around 900, Tottenham Hotspur 750, Manchester City 720 and Arsenal 700.<\/p>\n INEOS generate an annual turnover of over \u00a350bn with around 25,000 employees around the globe, significantly contributing to Ratcliffe’s riches.<\/p>\n That said, INEOS’ sporting sector is renowned throughout the industry for its compact nature, containing a relatively low staff count.<\/p>\n\n