(Patria) - English football giant Manchester United plans to lay off around 250 of its employees as part of a far-reaching cost-cutting program.
Jobs are expected to be lost across all departments and at all levels of the club, except for the Manchester United Foundation charity.
Such a large number of redundancies would mean a 22 percent reduction in the workforce.
The Red Devils finished eighth in the Premiership last season.
That is the worst finish for the 20-time English champions since the establishment of the Premier League in the early 1990s.
However, they ended a disappointing season by winning the FA Cup, beating local rivals Manchester City 2-1 in the final at Wembley.
Also, this significant cost-cutting comes just one month after British billionaire Jim Ratcliffe bought a 25 percent stake in the club.
According to data from last June, United had 1,112 employees.
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