True cost of Man Utd's mass redundancies after ruthless cuts as financial loss revealed
Iulian Moșneagu
Manchester United spent £8.6million on sacking 250 staff, according to their latest quarterly financial figures. Under co-owner Sir Jim Ratcliffe's cost-cutting measures, the club embarked on a major redundancy programme, aimed at making it more sustainable. United believe the job cuts will save £40m-£45m, with £8.6m revealed, in the first quarterly fiscal results published today, as the cost of implementing that measure. The £8.6m figure - referred to as 'exceptional costs' - comprises costs
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