Kieran Maguire SAYS Manchester United Is AXING 250 Jobs To Pump The Money Back Into The Club đ đĄ
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- Äas pĆidĂĄn 3. 07. 2024
- Jim White, Alex Crook, and Gabriel Agbonlahor talk with Football Finance Expert Kieran Maguire after reports that Manchester United are axing 250 jobs. Kieran Says the money saved will not make a huge difference pitch side.
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#manchesterunited
#ineos
#PremierLeague - Sport
Dont worry Rashford will make then packed lunches
I swear Gabriel Agbonlahor is only on talksport because of his outlandish comments. Listening to him would make your ears bleed.
I agree - he is great.
@@Meloknwz what has he said wrong here?
Just like hearing lame đ n excessively boring đ„± UTD news đïžâŒïžđ
The duck tape arrived... the roof should be patched up đ
Duck tape? Ffs.
Did you see the state of the roof in Germany a couple of days ago? Absolutely pissing through it and no one said a word, but woe betide if it happens at OT.
The comparison with player wages was more to show the money saved won't go very far rather than the players are paid too much.
It's nothing about cost cutting. It's about streamlining an inefficient, bloated organisation that reflected the previous, inefficient, profligate regime. Throughout any organisation, a winning culture is established through all of its components, from the field, to the offices. Makes me laugh when United or football fans comment saying Sir Jim's streamlining of the business and actually making personnel work in the office now rather than from home will not make United stronger on the pitch. They're obviously never worked in highly-successful businesses. Every part of the business has to reflect a winning culture, from the stadium restaurant, to the offices, from upper to middle management and right through to the boot room.
Precisely. It's not about moving funds to the football side - it's about the message it sends throughout the organisation (i.e. your job needs to add value to the organisation or there is no job).
Exactly. This is about right sizing an organization that is bloated. Anyone who has worked in business and been through takeovers isnât surprised by this at all.
Tory, Tory man united
Mate, staff working from home isnât make 200k a week Antony put the ball in the back of the netâŠ.
@@benjamincorbett Says the commie following a sport played by a load of capitalists! LOL! Couldn't make it up.
I have no problem with Ineos axing 250 jobs, if they feel they can improve the club.
ÂŁ10m is ÂŁ10m. Is yourvexpert suggesting we should keep them if they are not adding value just because it is ONLY ÂŁ10m?
Goes nowhere when they overpay for players so often, plus paying managers no longer there ÂŁ40m đđ
Is this is the 'genius' of Ratcliffe? Sacking dinnerladies to buy another overpriced defender?
Tory boy
You wouldnât get rid of staff if they were needed though canât believe this isnât even mentioned.. maybe the club had a load of passenger staff and can run just as efficiently with less.. just like when Elon took over twitter and laid off 6000 people.. from their perspective why would you pay for staff you donât need
@@benjamincorbett canât wait for all you dreamers to get your shock when you get Labour inâŠ. Come back in 12 months. If they are anything like 14 years ago itâs gonna be a disaster.
@@gman5218 country was good 14 years ago. Itâs finished now. Even getting slightly better, which without doubt will happen, would be good. Especially in the North âgmanâ. Funny how you canât wait for bad things to happen to someone who just wants better. Get a life âgmanâ. Nothing worse than a northern Tory.
@@gman5218 what do you think will happen in 12 months âgmanâ? The country is as bad as it has ever been. You think it will get worse? 14 years ago the UK was a great respected country, where everything worked better than now, thatâs beyond question. In what way is that a disaster?
The blame allocated to Ineos is crazy to me.
This is like the glazers knowingly feeding loads of dogs chocolate, and Ineos being the local vets who then have to put the dogs down - and then for the media to report ''INEOS kill hundreds of dogs''
Also the glazers are technically the majority owners, so this decision is just as much, if not more, on the glazers heads than it is Ineos.
And thats coming from someone who dislikes Ineos!
Imagine the narrative crook would be spinning if anothet club was laying off staff
Shedding one player would have covered that. đ
That's not how it works
Youâre missing the point⊠that the staff arenât worth keeping!
What if some of those staff are also contributing to the downfall of the club over the years i.e all the leaks from the club over the years and potentially bad scout's and physicians
Not really if they have to much staff and need save wages then someone needs to go it's like that in any business
It's all about the spreadsheet.
All you are is a line on some cxxts spreadsheet at the end of the day.
It's about having a lean organisation.
I wish Simon was around today!
Whyđ
Glazers took out interest payments, dividends that mightve had something to do with it.
Are you kidding 35k average salary have a look at the jobs online mainly 22-25k
Itâs On average mate.
So some higher earners make up a good portion of that
How about the Glazers putting some of their Dividends back into the club and reducing it's ÂŁ1Billion Debt?
Then the club has to pay tax. With Sir Jimmy Savile in charge, you think they will start paying tax?
@@benjamincorbett you are clearly not from manchester bro. If you were you would understand that all billionaires avoid tax, including the owners of your own football club.
Are you even from manchester? Embarrassing if not.
@@samwize28 makes no sense son.
@@benjamincorbett it would make sense if you were from manchester, embarrassing for you that you are clearly not
These 250 workers are the real financial drain on the club... obviously.
I think it is great that they are looking to reduce the waste within the club. The same thing will happen with the players through lower transfer fees and lower wages, which will be where they can make the biggest savings. These non football savings however won't help with PSR unless the savings are used to reduce the debt, which would start to reduce the debt servicing costs.
@@gustaaf1892 As long as dividends can be extracted.
@@gustaaf1892 250 people have lost there jobs !!! How about reduce player wage structure
@@k.a.n.e8636 By the sounds of it they will lose job that shouldn't have existed in the first place. United is not a benevolent society. That is the reality of every workplace. The football club only exists because of the football team, so those player's wages are the most important in the club. Ratcliffe's direction is to reduce player wages as well. The club has been running at a loss and that has to change.
@@gustaaf1892 staff wages cost nothing . Itâs vital to the economy that people have jobs. Especially for high end businesses like football clubs . The club will lose honest supporters
Surprise surprise it's the Man utd propaganda channel
The cost cutting wonât stop at staff, player contracts will be focused on performance. Win trophies you get paid huge bonuses. Else, get used to max ÂŁ200k a week
This is whall all companies do when they have a bad quarter. They randomly sack staff to tell investers that they are serious.
Remember when they cried with no "work from home"...how do you like them apples? It was bloated, no wonder there is so many leaks.
Most of you are saying what you are saying because it is not your company or your money...... When you have your company you can hire 2000 staff because you feel compassion for the masses. We might say united is a club but it's still a business anyways and not a charity organization.
Well said Elon.....!! đ
Finance Expert teaching actual business owners who to run company....
Cut the players wages to keep the jobs
That's not how it works if u got to many people in your company someone has to go also if you got people who are not as good as others, then person who isn't as good has to go
Its about Man Utd pretending they have no money, and need to spend before they buy
@@petershortland478you donât write like a Tory. But you think like one. From nowhere near Manchester
@@benjamincorbettlol and whatâs labour done for north ever you clown
@@benjamincorbett I'm not a đ Mancunian but Cheshire and Ribble Valley is pretty Tory these days near the Forest of Bowland. Which is Utd territory
Worth about ÂŁ10m to ÂŁ15m a year. Where as Sancho earns more than that. Ineos just wanting to cut costs to make it look like they are doing something.
Hey guys, so this financial expert is saying donât be financially responsible if you can afford not to be. Great one. Thanks
While I do feel sorry for the 250 men, United is too big as an organisation. City has 500 staff, and United has 1000. I am not saying United is City, or vice versa, but I genuinely cannot see why United needs 1000 staff.
This move is to reset the clubs culture, get rid of excess and send a message to every employee of the club that things are changing. This isnât purely a money saving play.
You can do it without telling the world before your local workforce and fans đ€Ł
What management fiasco
Why canât man utd just sell players for proper prices like every other club under the sun?
I wonder if the players know they are getting a pay cut for not being in the CL next season.
It's a harsh reality and I do feel for the staff who are losing their jobs. However INEOS need to make hard decisions for the future success of the Club. We are finally starting to be run professionally on and off the pitch.
turns out that companies dont need a gender division or 200 middle managers
Like Man Utd women just being ignored totally?
To pay Newcastle united for cashworth?
I know, and then for us to get Mitchell who turned Man U down for free. đđ€Łđ
@@toonman1892hahahahahhahaha wait till he snakes them for a bigger team đđđđ dirty dog
Eh? They embarrased Newcastle there and ended up paying pennies
@@jhpfdijtuiweruot 12m for a director of football and you think thatâs pennies đđ if its pennies why are you sacking 250 employees? đđ
You had your pants pulled around your ankles and had your back side well and truly spanked đđ
Letâs see
Dan ashworth 12m compensation worked at West Brom, Brighton Newcastle and thatâs debatable
Paul Mitchel who we got for free đ worked at Southampton Tottenham Monaco you know champions league teams đđđ
So how did you take advantage of Newcastle?
Sorry embarrassed Newcastle?
@@johnw7409 Please prove that Utd paid ÂŁ12m for Ashworth, or anything close to it. I'll wait. Thank you for the cartoon smiley faces btw
About time United looks like its being run properly from a financial standpoint. Only haters are going to argue that this is a poor move. About 400 more employees than Arsenal, that's insane
In my opinion it seems Jim Ratcliffe is going down the Mike Ashley route of running the club it will be interesting to see what happens
Nobody considering that that 10 mil might be going on infrastructure staffing on the football side of things? Itâs what everyone has been crying about for years
INEOS wouldn't of needed to axe around 250 employees had the Glazers not giving them jobs in the first place. The Glazers just kept promoting people from within for the sake of it to the point we've become vastly ovetstaffed. We've got the most employees out of any other club in the Prem which says it all. I'm in total agreement with INEOS in axing staff employees to save money. As I said they wouldn't have to if it wasn't for the Glazers
Perhaps 250 wonât amount to much savings, but thatâs not the point is it, the truth is that it is a bloated workforce with probably too many hangers on. Itâs ridiculous that we have so many on the books, more than double what Man City have and look how successful that small club is. What do they all do even?
Casemiro on ÂŁ300k a week PLUS all the bonuses.
đ The benny McCarthy dig ⊠Just couldnât help himself could he
And 90% of Man U staff only work on football days
These job cuts have little to do with the pitch. In this context, players are fixed assets
Plastic club, plastic owners, no heart
@@benjamincorbett you okay bro? Clearly not from manchester it seems. Yet lives on utd based content. Embarrassing
@@samwize28 no I donât. đđ itâs the same page tourist
@@benjamincorbett are your even from manchester though? Thats the main thing.
So embarrassing if you are not.
@@samwize28 whatâs embarrassing is you taking about something you have no clue about, even though it has nothing to do with you as a tourist.
Unfortunately there's no sentiment in Business. INEOS taking charge and doing what is necessary to bring success to United. Ruthless I know but hard choices need to be made to achieve their aims. It's how successful businesses operate.
Maguire has a real thing about United, a true ABU. Ignore him.
Isn't Ferguson on a couple million a year.
How much will that really save? Get the Glazers to stop saddling the club with debt and you will have more $, and I'm a Liverpool fan!
What an absolute shithouse move. Why not reduce the players' salaries instead until their performance improves on the pitch?
How could it be the staff's fault for 10 years of disappointment? Sure, the club might be overstaffed but 40% over staffing is no one's fault but the management and their amateurish approach to running the club.
As a fan of the club, I am disgusted by this and this scenario further shows that responsibility is never shouldered by those who profess to lead but rather by those who put in the hard work. Unacceptable.
The way your talking is like its about a charity but its a business at the end of the day
Any business works like that . Get over it . If they can be missed , they shouldnât have gotten the job in the first place
It's a community business,,,,
@@wengelder9256 Irrelevant. No one is irreplaceable in a corporate environment. Even a CEO can be replaced if needed. Does that mean he/she should not have got the job? Rubbish.
I dare you to reason with the phrase "Get over it" once you're made redundant yourself in place of the real culprits to be blamed for a business that is floundering.
@@leemartin3429itâs a northern football club. Having a Tory in charge will do this. Plastic club with no soul, nothing to do with Manchester.
They should always have gabs face on the thumbnail. This way people can avoid the video.
Cut jobs to pay 1 or 2 players EVEN more money.....đ.....
250 people lost there jobs because trashford wont leave
Get rid of sancho and rashford wages sorted simple.
Ratcliffe "we need to recoup the dan ashworth compensation" đ maybe, i dont know, dont spend 80m on a fidget spinner. This club makes me đ next, sir jim will limit toilet paper to 1 square of single ply to save ÂŁ
It's purely a drive to defend the share price, so Jim can continue to spend on bicycles and boats.
lol if Van Nistleroy is so good why isnât he the manager
Someone will have said that about Arteta when he was working at City
Typical talksport trying to put a negative spin on united
Sweet Jesus!!! Will I be next?! Everything I read right now is company's cutting jobs or going into bankruptcy/administration/liquidation. To quote Will Ferrell (Step Brothers) "What the f*ck happened!!!..."
Bad enough listening to Agbanlahor let alone watching him. An absolute plum.
Bad news is all we hear
Seriously how much will that save 250 x 30k/yr thatâs 750,000 saved that is two WEEKS wages for Rashford are you kidding me????
When you have you own company, you can hire staffs you don't need because you feel compassion to do so.
@@oluwatobioyedele5987 if they sell Rashford they will save 18.2 million plus make 60-70 million. Total say 88.2 million they could employ the 250 people for 117 years.
@@philtaylor8863 the point is not the money, the point is that they are not important enough to be kept. Why is it that it is those particular 250 people? The answer is value. If they add enough value, they will still be at their jobs. Those 750 are there because they add more value than those 250 and it like that with all successful companies.
@@oluwatobioyedele5987 your type of thinking is like the thinking BP had when they decided the safety inspectors in their drilling operations in the gulf didnât add value. It cost them billions.
@@oluwatobioyedele5987 cutting corners is a gamble itâs not a sensible business decision as Boeing have found out. You donât get rid of your experienced staff itâs starts to erode the foundations of the business.
Wow. Man utd is HUGE! Is nothing happening in other clubs. Wow
Players get paid too much. It is disgusting, but that is the world. They actually provide the entertainment though. Managers like David Moyes getting paid millions is absolutely scandalous. He is a football simpleton. He should thank the footballing gods every other minute for what he has been given.
Barnacles on a ship!
250 staff on ÂŁ40,000 a week lol 07:23 they'll be alright
250 firings just to pay half a season of Sanchoâs wages.
8 million he saving
Ratcliffe is Mike Ashley 2.0, how long until Man U fans realise he's just what the Glazers wanted.
Clown analysis. Savings are happening everywhere because of INEFFICIENCY.
A finance expert who doesnât understand how to do a basic cost to employ calculation đ
Sir Jim is just a posh Mike Ashley love it
Rubbish
Definitely if he does go down the Mike Ashley route It will be interesting to think whatâs going to happen
1150 staff! What are they all doing!
Maintenance & cleaning, IT, pitch maintenance, coaching, physio, scouts, dietician, chefs, servers, medical staff, security, finance team, legal team, HR, Old Trafford tour guide, museum staff etc. This is Man Utd not Solihull Moors.
@@CastleLager-lf5eumaintenance and cleaning đđđ have you even been to OT đđ
@@CastleLager-lf5eu surely 750 of them are used to hold the stadium up! Talk about being overblown.
@@bobolinkr yeah, its old. Needs renovation. Nothing the staff can do.
@@CastleLager-lf5eu obviously not doing a very good job are they when you consider literally every department you have listed are failing.... Intervenion and change is most welcome to those who want what is best for utd
1150 employees when the essence of the club should be the 11 on the field is clearly far too much fat, distractions, etc.. Aside from the financial benefit coming from reducing headcount by 250, it will send a strong message about where the focus needs to be - top performance on the field. That's MUFC's mission and that's what every employee should be thinking of when they wake up.
Soon as I saw Gabby, pause dislike goodbye.
so you pay failed players a fortune and sack hard working people, Radcliffe is a clown đ
@@michaelkitson8594 how are you sure they are hard, the fact that they working low jobs does not mean they are hard working. Why were they not part of the 750?
The City mouthpiece would say that wouldn't he. Ineos run a tight ship and United have been overstaffed for years. They are not sacking people they are offering redundancy packages. A lot of the staff are part-time like match day security and stewards. Mr. Ratcliffe in a multi-billionaire and runs several large Chemical companies, so it's clear he knows what he's doing.
Radcliffes just another Mike Ashley
Ooh, let's talk about Manchester United AGAIN, as we haven't done since 3 videos ago!! đ€đŽ BOREFEST!!
Consecutive day #2,307,862 talking about Man Utd on TalkSport.. there are loads and loads if other clubs but no, talk about the shite Utd
Great Striker but an even bigger Cheat
Is disgraceful behaviour for a so called big club
Wow. That's not a good look
Marginal gains.
What does Sir Jim know about running a business? He should listen to this old hack đ
I mean, hes literally built up a multi-billion ÂŁ company from scratch on his own....
Axing 250 that they deemed redundant is basically a step to right sizing the organization. They will also now have more flexibility to create or hire other positions that they deem necessary. Also I wouldnât be surprised if there were more firings in the future.
Youâre not from Manchester are you. No manc thinks like that. Not one.
@@benjamincorbett um this is simple business logic which knows no boundaries.
@@rickysrighteyebrow8167 its simply not a united thing to do. For a business to be successful in entertainment they need to stick to their roots. Need to stay credible.
Typical ruthless business man, Ratcliffe who wants UK tax payer money to build the 'wembley of the north' and he's a tax exile in Monaco, then attacks the most vulnerable at Old Trafford and lays off 250 workers.
Such a flawed comment. Elon let go 80% of Twitters employees and the company is still working
I don't think sacking a few chefs, cleaners, security will destroy United.
Stop being a socialist and embrace Ratcliffes changes
âThe most vulnerableâ ⊠how thick do you wanna lay it? Answer: yes
â@@philiph99
You are comparing Ratcliffe to Elon Musk?
Yes that is flawed.
And X is a dumpster fire.
Focus on surviving relegation next season tw@t.
@@philiph99 The Twitter takeover is objectively a failure by any measure. One of the biggest failures in any business in history.
You mean to pay for the cost of poaching cashworth from newcastle at the expense of 250 people. Durr dim ratquiff arise!
Eh? Utd embarrased Newcastle with the Ashworth deal. Ended up paying pennies
@@jhpfdijtuiweruot A billion pennies???
@@gaiustesla9324 No
@@jhpfdijtuiweruot thats how much they gave newcastle.
@@gaiustesla9324 No it wasn't
Now who would wanna downgrade his career choosing United?
De Ligt is probably hypnotized..I don't blame him
@@_A7X de Ligt is rubbish.
100k + , 200k+ a week .. MUFC is just pay day club now has been for years .. who wouldn't want that kind if pay
@@simonlee498and yet still wining trophies you clown
This club is just dead đâ ïž
Keep a load of shirkers from home lol
Yeah of course Marcus needs a raise đ
Cheap skate i almost feel sorry for United no i don't cant stand them joke of a club lol ctid đź
I think the issue most people aren't talking about is most of these staff have been there during these bad times and probably leaking a lot of the the things which are detrimental to the club causing issues as well so it could be a good thing obviously I'm not saying all staff but if you work for a company that is failing all the time you would expect your job to come under scrutiny and once again not all staff because there must be some very good ones unfortunately losing their jobs but hopefully they get a good pay off
Are you saying there should be collective punishment?
Chelsea season ticket holder Ratcliffe ruining Man Utd đ
Clubs go over ÂŁ105M in 3 yrs.
PL: "You better claw it back by June 30th."
Clubs comply.
PL: "These better be above-board, we might have to double check."
Man Utd fire 250 people to recoup money, barely making a dent in the kind of expenditure they spaff away annually, a sure sign of a healthy business...
PL: "This is fine."
they kept a manager who has a negative goal difference bahahah relegation is coming
Why isnât old man jim putting his hand in his pocket instead of putting average joeâs out of work?
Is that how it works at LFC? A charity not a business?
Qatar would have never done that. Reform uk
They wouldâve. They know nothing about the club either.
And the majority fans don't seem to realize it. The club doesn't have any money left after all the spending in the last 10 years. We can all pretend all we want about how rich we are but we don't have unlimited funds like City do.
Wtf are you talking about ahaha "doesn't have any money left" surely your not serious?
@@notfirstyourlastheâs a tourist fan, you can tell by the spelling. Knows 0 about the club.
@@benjamincorbett Tourist fan? lmao. I've been a man utd fan before you were ever born. You probably don't even recognize what the logo on my profile means.
@@mesicek7 son, you use a z in recognise. Youâre not from the uk. Or at the very least havenât been to school yet, so which one is the lie? Typical united tourist.
@@benjamincorbett Tourist? I'm not from uk. I'm from central europe. Don't you dare call me a tourist. I've been following this club for 27 years now. Bought merch from them since i was 10 year so please don't you lecture me. I've been a realist for the past 10 years but some of you still pretend that everything is ok when in fact it isnt.
How about don't give players ÂŁ350.000 a week. When they don't deserve it. Real people lose out again. Disgusting
Not at all go and educate yourself we have the most staff of any club and even after this we still have the 2nd most staff itâs to bloated simple as that
And Utd are the only club in the world that pay large wages to players?
Radcliffe is perfectly entitled to run his business efficiently , if it can function properly with 250 less people it should do so - nobody is owed a living.