Man Utd staff ‘disgruntled’ after new ‘brutal’ Ratcliffe ‘cut’ with situation ‘worse’ than under Glazers
Manchester United staff have ‘left disgruntl’ after co-owner Sir Jim Ratcliffe sanctioned another ‘brutal cost-cutting’ method.
INEOS chief Ratcliffe completed his purchase of a 27.7% minority stake in the Premier League giants. As part of this deal, he has taken control of footballing matters at Old Trafford.
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This saw the unpopular Glazer family give up power at Man Utd, giving the club’s fanbase a much-needed boost heading into this campaign.
However, Ratcliffe and INEOS have quickly ufabet https://ufabet999.app made enemies at Old Trafford. The co-owner sanctioned a cost-cutting programme, leading to mass redundancies. They also received backlash for removing Sir Alex Ferguson’s privileges as global ambassador and hiking ticket prices.
Now Ratcliffe and Co. have ‘put a squeeze on Christmas with the annual £100 bonus, brought in by the. Glazers, being replaced by a £40 M&S voucher’.
It is said that ‘staff morale has on the slide at United for months due to the brutal cost-cutting by. Ratcliffe and INEOS’. This decision has ‘left some employees disgruntled’.
‘The move has left some employees disgruntled. ‘It’s worse now,’ one disillusioned staffer said. Another added: ‘At least the Glazers prioritised families.’
‘Others have taken a more philosophical view in light of the 250 job cuts that have seen many long-serving employees leave the club and those left behind having to work harder on the same pay. ‘It’s £40 more than I thought I was going to get,’ one employee told Confidential.’
‘It follows the decision to cancel the Christmas party with the club hierarchy deciding that it would be inappropriate after a year of redundancies.
‘In recent years, United have held a party for their 1,100 staff – including the London office – in a marquis in the West Car Park at the stadium, at Old Trafford Cricket Ground and Victoria Warehouse. As Ratcliffe’s £1.3billion minority takeover near completion on Christmas Eve last year, the event was move to a suite at Old Trafford. Now it has abandoned altogether.
Earlier this month, a report revealed ‘INEOS were forc to backtrack on a decision’ after ‘threatening to revoke privileges given to the families of the Busby Babes at United’ after Ferguson ‘intervened’.