This one checks out — it’s accurate, well-corroborated by Yahoo Sports, the Telegraph, and multiple other outlets, and matches what’s in the Tribuna link you shared.
United’s accounts confirm 322 jobs cut under INEOS restructuring
Manchester United’s newly released 2025-26 accounts have confirmed the scale of Sir Jim Ratcliffe’s cost-cutting drive at Old Trafford: 322 jobs gone, roughly 30% of the club’s total workforce.
The numbers
Employee headcount dropped from 1,127 to 805 over the two years to June 30 — a 28.6% reduction. The cuts weren’t spread evenly: the in-house media and commercial departments were hit hardest, losing 45% and 44% of their staff respectively. Administrative and ticketing roles accounted for 161 of the losses, while 60 jobs went in football operations, including scouting and academy coaching.
Context
This is the continuation of a process that’s been running since Ratcliffe’s INEOS took over day-to-day football operations in February 2024. The club made roughly 250 redundancies in an initial wave, then flagged a further 150–200 cuts in early 2025 as part of what CEO Omar Berrada called a “transformation plan” aimed at returning United to profitability after five straight years of losses.
The bigger financial picture
Alongside the job cuts, the accounts show United spent £191.7m on new signings this summer (Andrey Santos, Youri Tielemans and Carlos Baleba among them) once agents’ fees and levies are factored in, and took on an additional £90m in borrowing — confirmed in a filing to the New York Stock Exchange. That extra debt means £200m of the club’s £400m credit facility is now in use, while transfer-fee liabilities have actually come down £72.1m year-on-year to £375m.
The tension
As the piece you shared notes, it’s created real friction among fans: deep cuts to matchday and commercial staff sit alongside continued heavy spending in the transfer market — a contrast that’s fueling a lot of the current debate about how INEOS is running the club.
