New co-owner of Manchester United Jim Ratcliffe plans to cut 200 staff and reduce benefits after £300 million losses over three years.

I have seen what happens when a beloved outfit spends like the good times will never end and then discovers the books tell a harsher story. Cutting two hundred roles and paring back luxuries feels brutal inside the building, but so does watching a brand you have spent decades polishing slide toward administration. You can argue about which jobs and perks should go, and the club had better be ready to prove the axe has fallen fairly, but doing nothing was never an honest option. If this reset lets United invest properly in the squad, the academy and the stadium rather than in bloated bureaucracy, a few years from now supporters may look back on it as the ugly bridge they had to cross.

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