MANCHESTER, England — In light of impending job cuts at Manchester United, head coach Ruben Amorim addressed the club’s current struggles, acknowledging the team’s role in the financial difficulties faced by the organization.
Old Trafford is preparing to implement cost-cutting measures that will see up to 200 positions eliminated, following a reduction of approximately 250 jobs last year.
Amorim emphasized the need to address all issues within the club, pointing to the team’s lack of success on the field as a major factor in its economic challenges. “We must tackle club-wide problems, but a key point is recognizing how we ended up here. It is largely rooted in the football team’s underperformance because that drives the essence of any football club,” Amorim remarked on Tuesday.
On Monday, United revealed its plan to “transform its corporate structure” and confirmed further job reductions, coinciding with an increase in ticket prices in the middle of the current season.
Last month, the club informed its supporters that the financial losses exceeding 300 million pounds ($375 million) over the past three years posed a significant threat and could result in breaching the Premier League’s financial regulations.
United reported losses of 113.2 million pounds ($142 million) for the fiscal year ending June 30. The club also disclosed that it has experienced five consecutive years of financial deficits.
Potential consequences of violating league financial rules include point deductions.
This recent wave of cost-cutting is announced a year after British billionaire Jim Ratcliffe acquired a stake in the club with the ambition of restoring its former dominance in English and European football.
However, those goals remain unachieved as United is currently positioned in the lower half of the standings, far from contending for top honors.
“My intention is to assist the club. My area involves enhancing the team and players to achieve success,” Amorim stated ahead of Wednesday’s home match against Ipswich.
“We must concentrate on how I can aid the club now, and collectively, we need to analyze our past errors that led to this juncture. It’s crucial to devise solutions moving forward.”
United’s last league title victory dates back to 2013 in Alex Ferguson’s final season as manager.
In contrast, Manchester City has emerged as the dominant force in English football, and this season, Liverpool is on track to match United’s record of 20 league titles.
