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Manchester United plc Announces Transformation Plan to Strengthen Financial Sustainability and Modernise its Operating Structure

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Manchester United plc (NYSE: MANU) has announced a comprehensive transformation plan to enhance financial sustainability and modernize its operating structure. The club aims to address five consecutive years of losses since 2019 through significant organizational changes. The plan includes potential redundancies of 150-200 jobs, following the 250 roles already removed last year.

CEO Omar Berrada emphasized the necessity of these measures to strengthen the club's position across men's, women's, and academy teams. The transformation aims to create a more lean and agile organization while maintaining world-class service to commercial partners. The club's dual priorities are achieving on-pitch success and improving facilities, supported by a global community of 1.1 billion fans and followers.

Throughout its 147-year heritage, Manchester United has won 69 trophies and developed into one of the world's leading sports brands. The club generates significant revenue through multiple streams including sponsorship, merchandising, broadcasting, and matchday initiatives, which fund continuous reinvestment in the club while maintaining compliance with UEFA and Premier League regulations.

Manchester United plc (NYSE: MANU) ha annunciato un piano di trasformazione completo per migliorare la sostenibilità finanziaria e modernizzare la propria struttura operativa. Il club mira a affrontare cinque anni consecutivi di perdite dal 2019 attraverso significative modifiche organizzative. Il piano prevede potenziali esuberi di 150-200 posti di lavoro, dopo i 250 ruoli già eliminati lo scorso anno.

Il CEO Omar Berrada ha sottolineato la necessità di queste misure per rafforzare la posizione del club nelle squadre maschili, femminili e dell'accademia. La trasformazione mira a creare un'organizzazione più snella e agile, mantenendo un servizio di livello mondiale per i partner commerciali. Le doppie priorità del club sono raggiungere il successo sul campo e migliorare le strutture, supportate da una comunità globale di 1,1 miliardi di fan e sostenitori.

Nel corso della sua eredità di 147 anni, il Manchester United ha vinto 69 trofei ed è diventato uno dei marchi sportivi più importanti al mondo. Il club genera entrate significative attraverso molteplici flussi, tra cui sponsorizzazioni, merchandising, trasmissioni e iniziative durante le partite, che finanziano un continuo reinvestimento nel club mantenendo la conformità con le normative UEFA e della Premier League.

Manchester United plc (NYSE: MANU) ha anunciado un plan de transformación integral para mejorar la sostenibilidad financiera y modernizar su estructura operativa. El club busca abordar cinco años consecutivos de pérdidas desde 2019 a través de cambios organizativos significativos. El plan incluye posibles despidos de 150-200 empleos, tras los 250 puestos ya eliminados el año pasado.

El CEO Omar Berrada enfatizó la necesidad de estas medidas para fortalecer la posición del club en los equipos masculinos, femeninos y de la academia. La transformación busca crear una organización más ágil y eficiente, manteniendo un servicio de clase mundial para los socios comerciales. Las prioridades duales del club son lograr el éxito en el campo y mejorar las instalaciones, respaldadas por una comunidad global de 1.1 mil millones de aficionados y seguidores.

A lo largo de sus 147 años de historia, el Manchester United ha ganado 69 trofeos y se ha desarrollado en una de las marcas deportivas más importantes del mundo. El club genera ingresos significativos a través de múltiples fuentes, incluyendo patrocinio, merchandising, transmisión y iniciativas en días de partido, que financian la reinversión continua en el club mientras se mantiene la conformidad con las regulaciones de la UEFA y de la Premier League.

맨체스터 유나이티드 plc (NYSE: MANU)는 재정적 지속 가능성을 높이고 운영 구조를 현대화하기 위한 종합적인 변화 계획을 발표했습니다. 클럽은 2019년 이후 5년 연속 적자를 해결하기 위해 상당한 조직 변화를 목표로 하고 있습니다. 이 계획에는 지난해 이미 250개의 직무가 삭제된 후 150-200개의 직무 감축 가능성이 포함되어 있습니다.

CEO 오마르 베라다는 남자, 여자, 아카데미 팀 전반에 걸쳐 클럽의 입지를 강화하기 위한 이러한 조치의 필요성을 강조했습니다. 변화의 목표는 세계적 수준의 서비스는 유지하면서 더 날렵하고 민첩한 조직을 만드는 것입니다. 클럽의 두 가지 우선 사항은 경기장에서의 성공을 달성하고 시설을 개선하는 것이며, 이는 11억 명의 팬과 지지자로 구성된 글로벌 커뮤니티의 지원을 받고 있습니다.

147년의 유산 동안, 맨체스터 유나이티드는 69개의 트로피를 수상하였고 세계 최고의 스포츠 브랜드 중 하나로 발전하였습니다. 클럽은 후원, 상품 판매, 방송 및 경기일 이니셔티브를 포함한 여러 경로를 통해 상당한 수익을 창출하여 UEFA 및 프리미어 리그 규정을 준수하면서 클럽에 지속적으로 재투자하고 있습니다.

Manchester United plc (NYSE: MANU) a annoncé un plan de transformation complet pour améliorer la durabilité financière et moderniser sa structure opérationnelle. Le club vise à faire face à cinq années consécutives de pertes depuis 2019 grâce à des changements organisationnels significatifs. Le plan comprend des licenciements potentiels de 150 à 200 postes, après les 250 rôles déjà supprimés l'année dernière.

Le PDG Omar Berrada a souligné la nécessité de ces mesures pour renforcer la position du club dans les équipes masculines, féminines et académiques. La transformation vise à créer une organisation plus agile et efficace tout en maintenant un service de classe mondiale pour les partenaires commerciaux. Les deux priorités du club sont d'atteindre le succès sur le terrain et d'améliorer les installations, soutenues par une communauté mondiale de 1,1 milliard de fans et de supporters.

Au cours de ses 147 ans d'histoire, Manchester United a remporté 69 trophées et est devenu l'une des principales marques sportives au monde. Le club génère des revenus significatifs par le biais de plusieurs sources, y compris le parrainage, le merchandising, la diffusion et les initiatives lors des jours de match, qui financent un réinvestissement continu dans le club tout en maintenant la conformité avec les réglementations de l'UEFA et de la Premier League.

Manchester United plc (NYSE: MANU) hat einen umfassenden Transformationsplan angekündigt, um die finanzielle Nachhaltigkeit zu verbessern und die Betriebsstruktur zu modernisieren. Der Verein möchte fünf aufeinanderfolgende Jahre mit Verlusten seit 2019 durch bedeutende organisatorische Veränderungen angehen. Der Plan umfasst mögliche Entlassungen von 150-200 Stellen, nachdem im vergangenen Jahr bereits 250 Stellen abgebaut wurden.

CEO Omar Berrada betonte die Notwendigkeit dieser Maßnahmen, um die Position des Vereins in den Männer-, Frauen- und Akademiemannschaften zu stärken. Die Transformation zielt darauf ab, eine schlankere und agilere Organisation zu schaffen, während ein erstklassiger Service für die Geschäftspartner aufrechterhalten wird. Die doppelten Prioritäten des Vereins sind der sportliche Erfolg und die Verbesserung der Einrichtungen, unterstützt von einer globalen Gemeinschaft von 1,1 Milliarden Fans und Anhängern.

Im Laufe seiner 147-jährigen Geschichte hat Manchester United 69 Trophäen gewonnen und sich zu einer der führenden Sportmarken der Welt entwickelt. Der Verein erzielt erhebliche Einnahmen durch mehrere Quellen, darunter Sponsoring, Merchandising, Rundfunk und Matchday-Initiativen, die eine kontinuierliche Reinvestition in den Verein finanzieren und gleichzeitig die Einhaltung der UEFA- und Premier-League-Vorschriften gewährleisten.

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MANCHESTER, England--(BUSINESS WIRE)-- Manchester United plc (NYSE: MANU), announces that it will transform its corporate structure as part of a series of additional measures to improve the club’s financial sustainability and enhance operational efficiency.

The transformation plan aims to return the club to profitability after five consecutive years of losses since 2019. This will create a more solid financial platform from which the club can invest in men’s and women’s football success and improved infrastructure.

As part of these measures, the club anticipates that approximately 150-200 jobs may be made redundant, subject to a consultation process with employees. These would be in addition to the 250 roles removed last year.

Omar Berrada, Manchester United CEO, said: “We have a responsibility to put Manchester United in the strongest position to win across our men’s, women’s and academy teams. We are initiating a wide-ranging series of measures which will transform and renew the club. Unfortunately, this means announcing further potential redundancies and we deeply regret the impact on those affected colleagues. However, these hard choices are necessary to put the club back on a stable financial footing.

“We have lost money for the past five consecutive years. This cannot continue. Our two main priorities as a club are delivering success on the pitch for our fans and improving our facilities. We cannot invest in these objectives if we are continuously losing money.

“At the end of this process, we will have a more lean, agile and financially sustainable football club, while continuing to provide a world class service to our valuable commercial partners. We will then be in a much stronger position to invest in football success and improved facilities for fans, while remaining compliant with UEFA and Premier League regulations.”

About Manchester United

Manchester United is one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports on Earth. Through our 147-year football heritage we have won 69 trophies, enabling us to develop what we believe is one of the world’s leading sports and entertainment brands with a global community of 1.1 billion fans and followers. Our large, passionate, and highly engaged fan base provides Manchester United with a worldwide platform to generate significant revenue from multiple sources, including sponsorship, merchandising, product licensing, broadcasting and matchday initiatives which in turn, directly fund our ability to continuously reinvest in the club.

Media:

Toby Craig

Chief Communications Officer

Toby.Craig@manutd.co.uk

Source: Manchester United plc

FAQ

How many jobs will be cut in Manchester United's (MANU) 2024 transformation plan?

The transformation plan includes potential redundancies of 150-200 jobs, which would be in addition to the 250 roles already removed last year.

Why is Manchester United (MANU) implementing this transformation plan?

The club is implementing the plan to address five consecutive years of losses since 2019, improve financial sustainability, and create a stronger platform for investing in football success and infrastructure.

What are the main priorities outlined in MANU's transformation plan?

The two main priorities are delivering success on the pitch for fans and improving facilities, while ensuring financial sustainability and compliance with UEFA and Premier League regulations.

How large is Manchester United's (MANU) global fan base in 2024?

According to the announcement, Manchester United has a global community of 1.1 billion fans and followers.

How many trophies has Manchester United (MANU) won in its history?

Throughout its 147-year football heritage, Manchester United has won 69 trophies.

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