EPL: Man Utd’s co-owner, Sir Ratcliffe offers staff money to resign

Forum 4 weeks ago

EPL: Man Utd’s co-owner, Sir Ratcliffe offers staff money to resign

Manchester United’s minority owner, Sir Jim Ratcliffe, is offering staff at the club early payment of a bonus, as he seeks to trim the number of employees at the Old Trafford.

Ratcliffe completed a £1.3billion deal for 27.7% of United in February and is attempting to revolutionise the way things work across the board.

According to Mirror Football, the British billionaire wants to cut around a quarter of all staff as part of a money-saving effort.

Employees who are not a scout or on the playing staff were emailed on Tuesday and told to return to the club’s offices in London or Manchester.

Those who are not ready to do so, are being offered the chance to leave the organisation with a bonus, which should ordinarily be paid in September.

They have been given until June 5 to decide whether to take “voluntary resignation” or they must return to the office by June 1.