Sir Jim Ratcliffe has unveiled the first phase of his seismic change at Old Trafford, with 450 redundancies and a virtual complete overhaul of senior management. The billionaire investor, who purchased Manchester United for £1.25 billion last Christmas, is keen to make the club profitable in the long term.
The new regime is working on a radical restructuring of the club's approach, starting with its sporting department. The shock of 450 redundancies has been followed by a complete overhaul of senior management, including the departure of former boss Erik ten Hag and his coaching staff. There are also significant changes afoot in terms of data analysis and training facilities.
The Glazer family, who own Manchester United through a special purpose vehicle (SPV), remain active but not involved in day-to-day decision-making. The focus is now on Ratcliffe and his leadership team, with the aim of achieving long-term success.
Ratcliffe has stated that the club's ambition is to win both domestic silverware and European trophies every year, which is a significant increase from the Glazer family's previous targets. This lofty goal may put pressure on the new management team but it could also be seen as a privilege.
The billionaire investor, who made his fortune in the energy industry, has indicated that he is committed to Manchester United for the long haul. With significant investment and resources behind him, Ratcliffe is ready to take on the challenge of restoring the Red Devils to their former glory.
As we approach the second anniversary of Ratcliffe's involvement, United are a much-changed organisation. The gargantuan losses have been cut to a manageable size, with the club expected to become profitable in the near future. While there may be some initial hiccups as the new regime gets settled, Manchester United fans can look forward to an exciting and ambitious period ahead.
The transformation at Old Trafford has significant implications for the sport as a whole. If successful, Ratcliffe's vision could set a new benchmark for English football clubs, pushing them to think bigger and aim higher. As the season unfolds, we can expect to see Manchester United competing on all fronts, from domestic cup competitions to European group stages.
For now, it is too early to judge whether Ratcliffe's plan will succeed or fail but one thing is certain – Manchester United fans are eager to find out.
The new regime is working on a radical restructuring of the club's approach, starting with its sporting department. The shock of 450 redundancies has been followed by a complete overhaul of senior management, including the departure of former boss Erik ten Hag and his coaching staff. There are also significant changes afoot in terms of data analysis and training facilities.
The Glazer family, who own Manchester United through a special purpose vehicle (SPV), remain active but not involved in day-to-day decision-making. The focus is now on Ratcliffe and his leadership team, with the aim of achieving long-term success.
Ratcliffe has stated that the club's ambition is to win both domestic silverware and European trophies every year, which is a significant increase from the Glazer family's previous targets. This lofty goal may put pressure on the new management team but it could also be seen as a privilege.
The billionaire investor, who made his fortune in the energy industry, has indicated that he is committed to Manchester United for the long haul. With significant investment and resources behind him, Ratcliffe is ready to take on the challenge of restoring the Red Devils to their former glory.
As we approach the second anniversary of Ratcliffe's involvement, United are a much-changed organisation. The gargantuan losses have been cut to a manageable size, with the club expected to become profitable in the near future. While there may be some initial hiccups as the new regime gets settled, Manchester United fans can look forward to an exciting and ambitious period ahead.
The transformation at Old Trafford has significant implications for the sport as a whole. If successful, Ratcliffe's vision could set a new benchmark for English football clubs, pushing them to think bigger and aim higher. As the season unfolds, we can expect to see Manchester United competing on all fronts, from domestic cup competitions to European group stages.
For now, it is too early to judge whether Ratcliffe's plan will succeed or fail but one thing is certain – Manchester United fans are eager to find out.
i feel for the people losing their jobs, especially during the christmas season when you'd think things would be a bit more chill 
anyway, i'm all for the billionaire wanting to make man utd profitable in the long run, but wow, aiming to win both domestic and european trophies every year? that's just wild 
it'll be interesting to see how they do, especially with this new management team at the helm 
and let's be real, if ratcliffe's plan works out, it could set a whole new standard for english football clubs 
I'm not sure about this new direction, feels like a lot of changes happening all at once. Losing 450 jobs is huge, hope they're taken care of. The goal of winning everything every year seems ambitious, but if it works, it could be awesome for the fans. 
I do think Ratcliffe's investment will help, his energy industry background might bring some fresh ideas to the table. Can't wait to see how it all plays out! 
the goal of winning both domestic and european trophies every year seems ambitious, but if anyone can do it, it's him. the energy industry background might actually be an advantage in this case. also, 450 redundancies might be painful for some employees, but could lead to a more streamlined team in the long run 
. I'm not buying into Ratcliffe's "long-term success" hype, it's just a fancy way of saying he wants to cut costs and maximize profits 
. And what about Erik ten Hag and his coaching staff? They were fired without so much as a decent farewell party 
. It's all just a massive power play by Ratcliffe to get what he wants, when he wants it 
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. I'm not holding my breath waiting for Manchester United to live up to that lofty goal...
I mean, it's gonna be tough with all those changes, but if anyone can do it, it's him. The dude's got serious resources behind him 
450 redundancies might seem harsh, but I guess you can't sugarcoat the need for a major overhaul. It's gonna be interesting to see how this new regime structures the sporting department and implements data analysis and training facilities. Erik ten Hag's departure is definitely a blow, but at least it means some fresh faces are coming in.
with 450 redundancies & a whole new management team it's like they're starting from scratch ! 
. i mean, who wouldn't wanna see man utd back on top? 
and with ratcliffe pouring in all that cash & resources, they're definitely gonna try 
. I mean, 450 redundancies? That's crazy! 
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️. It's a big ask, but if anyone can do it, it's him 
. I've heard that he's going to invest so much money into the club that it could set a new standard for English football 
️. Will Manchester United become a dominant force again? Only time will tell 
. But one thing's for sure - it's going to be an interesting ride! 
. still nervous about how it'll all play out tho... can't wait 2 c what happens at old trafford next! 
. But seriously, this new approach could be game-changing for English football.
is a huge shock 
i hope they treat the staff with respect & care 
and not just some faceless numbers 
anyway, imo erik ten Hag's departure isn't a bad thing 
new management team can bring fresh ideas & energy 
. 450 redundancies? That's cute. Like, we've all been expecting some major shakeups around here since the Glazers sold out their soul for that £1.25 billion 
. And an ambitious goal of winning everything every year? Please do tell how that's going to work out... 
, and now we're living in a new era where billionaire owners like Sir Jim Ratcliffe are taking over the game. 450 redundancies? That's crazy, dude! It's like they're basically wiping the slate clean. And Erik ten Hag is out already? That's some serious shake-up right there 
and if they can pull it off, it could be awesome to see the red devils competing on all fronts 
fingers crossed! 
! 450 redundancies can't be good news for those affected, but I think it's a necessary step for the club's long-term success 
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