BusinessPeople In BusinessMan Utd finance staff face redundancy

Man Utd finance staff face redundancy

Club's finance team hit by round of cuts

Finance staff at football club Manchester United have been hit by a round of
redundancies following the takeover by US magnate Malcolm Glazer.

About 5% of the club’s 450 non-playing staff are to go in a cost-cutting
programme that will hit all main departments, including finance, IT and
marketing.

However the club has denied that the exercise was prompted by the takeover. A
Manchester United spokesman told The Guardian that the cost-cutting process had
been initiated before Glazer and his three sons arrived at the club.

‘The Glazers have not been substantively involved in the review at all,’ he
said.

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