As many as 300 jobs are at risk at Manchester United as new part-owner, Sir Jim Ratcliffe looks to undergo a major streamlining exercise at the club.
Ratcliffe will ask an external auditor to assess the club’s structure and its expenditure, The Guardian reports.
The club’s management have been instructed to help ensure they have as much money as possible to spend on transfers by restricting rising costs in other areas.
READ ALSO: Dollar to Naira black market exchange rate on Christmas day
United have at least 1,000 employees on their payroll and Ratcliffe believes that figure can be cut by between 25 and 30 percent.
He is expected to hire a major auditor to inspect the structure at the club, with one of KPMG, Deloitte, Ernst & Young or PwC tipped to be called in.
Ratcliffe’s purchase of a 25% stake in United for £1.25 billion ($1.59bn) was confirmed on Christmas Eve.
He will provide $300 million (£237m) to renew the infrastructure at Old Trafford.
His partial takeover will be ratified by the Premier League after the January transfer window.