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Sir Jim Ratcliffe and INEOS have taken over the entire organisation at Manchester United as they look to significantly reduce the workforce at Old Trafford.Football InsiderThe Premier League giants are believed to have made the decision as part of a determination to slash costs and scrap some “non-essential“ activities.reported on 24 July Man United have now informed several long-serving academy coaches and staff their roles may no longer be required ahead of the upcoming cuts.
Ratcliffe has been looking to transform the way the club operate on and off the pitch since securing a 27.7-per-cent-stake in February this year.Borson believes the INEOS chief is now in charge of running everything at Old Trafford even though it was initially suggested he would only be overseeing footballing matters.“If you are getting rid of 250 people, which is around 25 per cent of the workforce, then there is going to be people in that setup that you wouldn’t ordinarily want to lose.
“But the approach of people like Ratcliffe and INEOS is to go in hard on these sorts of restructurings. “They are clearly involved in far more than they were set out to be. If you remember when they were first talked about in terms of the deal, they were talking about taking control of the footballing side and the sporting side.
“They are clearly taking control of the entire organisation, so they will do things their way as long as the Glazers are happy with it.“Part of that will be financial engineering as much as anything and that means getting rid of 25 per cent of the workforce and building again.In other news,
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