Sir Jim Ratcliffe considers eliminating 200 more corporate positions as vital for preventing Manchester United from going bankrupt. The club has accumulated £300 million losses during the previous three years prompting Jim Ratcliffe to take prompt action for financial recovery.

Manchester United are to cut up to 200 further jobs as part of a strategy they claim will transform the club into a more lean operation. Having made 250 staff redundant last summer, United confirmed on Monday that there would be further job reductions of between 150 and 200 employees.

Manchester United are swinging the axe again, with up to 200 redundancies planned in their latest round of cost-slashing. Barely a year after Sir Jim Ratcliffe rolled in as co-owner, the club continues to shed staff—on top of the 250 who got the chop last summer.