Man Utd have been operating at a loss for years and are staring another season without Champions League football in the face as they languish 15th in the Premier League. A lack of success on the pitch has seen Man Utd miss out on vital commercial and sporting revenues and new co-owners INEOS have implemented draconian austerity measures to cut costs.

Manchester United plan to cut more jobs as part of a proposal they say will return the club to profitability.The club say around 150-200 jobs could be made redundant as part of the measures,

Manchester United said Monday they expect to make up to 200 fresh job cuts as part of a "transformation plan" to improve the club's financial sustainability. "As part of these measures, the club anticipates that approximately 150 to 200 jobs may be made redundant,

After 250 members of staff were made redundant last year, Manchester United announce up to 200 more redundancies to "return the club to profitability".