Man Utd set for more brutal cuts with Sir Jim Ratcliffe to 'make more than 100 redundancies' Billionaire Sir Jim Ratcliffe is set to make at least an additional 100 members of staff at Manchester United redundant and continue his brutal cost-cutting strategy.
It comes after Ratcliffe, who boasts a 28.94 per cent stake in the Premier League giants, and his petrochemicals company, INEOS, made plans to make 250 staff - roughly a quarter of the workforce - redundant in an bid to balance the books at Old Trafford.
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"We agree that our fans are what makes Manchester United the greatest football club in the world," a letter read.
United chiefs are also considering moving to a new 100,000-seater stadium or carrying out a large-scale refurbishment of Old Trafford as part of a government-backed regeneration project.
