Stefan Borson: Man United land extra '£10m' after controversial Ratcliffe move

Manchester United’s decision to make 250 members of staff redundant is likely to be more about optics rather than a cost-saving exercise.

That is the view of former Man City financial advisor Stefan Borson, who exclusively told Football Insider Man United could save about £10million annually if the average wage and associated costs of those people leaving the club are around £40,000 a year.

It has been revealed the Premier League giants have made the decision as part of a determination to slash costs and scrap some “non-essential“ activities.

Sir Jim Ratcliffe has been looking to transform the way Man United operate on and off the pitch since securing a 27.7 per cent stake in the club in February this year.

There are believed to be up 1,150 full-time members of staff working for the club, but it hasn’t been confirmed yet which areas the cuts will be made in.

Man United staff decision unlikely to be cost-related

Borson believes the decision can’t purely be about money when the savings likely wouldn’t even cover the cost of some of their players’ salaries.

He told Football Insider: “I think a lot of it is a kind of private equity optical approach to making a change in the business.

“If you were to work on the basis of £40,000 all in costs on average for those 250 people that are leaving, including social security, desks costs and all of those things, it’s only £10million a year.

“That’s not even paying for Sancho’s wages. Optically it will make a difference. INEOS probably think United have become a bit bloated organisationally.

“I think it’s a bit less about the money that they are saving and more about actually getting the organisation a bit trimmer and leaner to go forward and bring in some new people.

“That could see them clear the desks of some people who have been there a long time and bring in some new talent.

“It just can’t be about pure pounds and pence when footballers are paid the salary of 250 people.”

In other news, Man United plan to accept “huge” offer for star man.

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