‘Must explore every option’ – Man Utd to hold emergency staff meeting as Sir Jim Ratcliffe refuses to deny job cut plans

‘Must explore every option’ – Man Utd to hold emergency staff meeting as Sir Jim Ratcliffe refuses to deny job cut plans
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‘Must explore every option’ – Man Utd to hold emergency staff meeting as Sir Jim Ratcliffe refuses to deny job cut plans
Author: Joshua Jones
Published: Feb, 15 2025 11:45

Summary at a Glance

SIR JIM RATCLIFFE'S minority takeover at Manchester United was announced on Christmas Eve in 2023 - and a lot has happened at Old Trafford since... December 2023 - Man Utd confirm Ratcliffe's takeover on Christmas Eve, vowing to invest £245m into Old Trafford.

March 2024 - Man Utd NYSE share price drops to $13.73 on March 21 - down from $20.52 immediately after Ratcliffe takeover in December.

May 2024 - Man Utd shock rivals Man City to win FA Cup despite suggestions Erik ten Hag will be sacked regardless of result.

January 2024 - Ratcliffe and right-hand man Sir Dave Brailsford photographed meeting Erik ten Hag during tour of Carrington.

Ratcliffe's unpopular measures in his first year in the director's box include cancelling the staff Christmas party, replacing bonuses with £40 M&S vouchers, cutting donations to charities, increasing ticket prices and scrapping lunchboxes for matchday staff.

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