
Source:REUTERS/Lee Smith
[Saba Sports News] Since British billionaire James Ratcliffe’s INEOS consortium took over Manchester United, they have implemented significant cost-cutting measures, reducing the workforce from 1,000 to 750 employees to save £40 million. Additionally, INEOS announced the cancellation of the 2024 Christmas party, stating that it would be inappropriate to hold a party in light of the club’s layoffs and that it would save approximately £250,000. Many Manchester United employees expressed their dissatisfaction, as the Christmas party is an important social event for the club, allowing players, staff, and their families to gather, relax, and strengthen relationships. The cancellation of the party deprives everyone of this rare opportunity to connect, which may lead to growing estrangement among team members. Employees view the Christmas party not only as entertainment but also as a crucial employee benefit. After a hard year of work, everyone looks forward to the party as a chance to unwind and be rewarded, and the cancellation is seen as a callous cut to employee benefits, making staff feel undervalued.
