Stretty News
·11 December 2024
In partnership with
Yahoo sportsStretty News
·11 December 2024
Every time we think the popularity of Sir Jim Ratcliffe and INEOS at Man United hit rock bottom, they manage to find a new low with their innovatively unpopular calls.
The British billionaire and his team have been practically in charge at Carrington since buying a minority stake from the Glazers who lost their appetite for running the club.
Nevertheless, Ratcliffe and company have yet to steer the club in the right direction, with the team still wandering in the bottom half of the Premier League table.
Moreover, the 73-year-old has recently emphasized the importance of spending cuts, as a host of employers have already been released by the club.
As for those who were lucky enough to keep their jobs, they have been working in less pleasant circumstances due to the recently implemented policy, which even includes ditching launch boxes.
And with the holiday seasons just around the corner, The Telegraph reveals yet another vastly unpopular decision taken by INEOS.
The newspaper explains how the Man United co-owners have decided to ditch the £100 Christmas bonus that became customary for the club’s employees who will instead receive a £40 voucher from Marks & Spencer.
“We still have a long way to go and we still have a number of difficult decisions to make but I think we have to do that for the better good,” said Ratcliffe in his recent interview that raised many eyebrows.
“There are financial issues which we need to address because we’ve inherited a financial situation that only time will solve. I know we get criticism in the press but we do need to challenge the cost of running this club, because what I want to be free for us to do is buy really good footballers, not spend so much of the money on the infrastructure.”
However, one might argue that reducing the employees’ bonus is unlikely to have a dramatic impact on a club that registered losses worth £312.9 million over the last three seasons.