Man Utd have been operating at a loss for years and are staring another season without Champions League football in the face as they languish 15th in the Premier League. A lack of success on the pitch has seen Man Utd miss out on vital commercial and sporting revenues and new co-owners INEOS have implemented draconian austerity measures to cut costs.

Manchester United said Monday they expect to make up to 200 fresh job cuts as part of a "transformation plan" to improve the club's financial sustainability. "As part of these measures, the club anticipates that approximately 150 to 200 jobs may be made redundant,

Manchester United expect up to 200 further redundancies as part of a “transformation plan” to improve the club’s financial sustainability. Around 250 employees were made redundant last year and a statement on the United website on Monday announced that a plan aimed at “return (ing) the club to profitability” following five successive years of losses means “approximately 150-200 jobs may be made redundant”,