Approximately 150-200 staff at Manchester United will be let go as the Premier League giant attempts to halt a run of five consecutive years of losses since 2019, the club said in a statement on Monday.

Manchester United are swinging the axe again, with up to 200 redundancies planned in their latest round of cost-slashing. Barely a year after Sir Jim Ratcliffe rolled in as co-owner, the club continues to shed staff—on top of the 250 who got the chop last summer.

Manchester United are to cut up to 200 further jobs as part of a strategy they claim will transform the club into a more lean operation. Having made 250 staff redundant last summer, United confirmed on Monday that there would be further job reductions of between 150 and 200 employees.