Manchester United Ends Charity Funding Amid Cost-Cutting Measures
Manchester United, under Sir Jim Ratcliffe's ownership, has stopped its annual donation to the Association of Former Manchester United Players, sparking criticism from fans and ex-players.
Manchester United has discontinued its £40,000 annual donation to the Association of Former Manchester United Players (AFMUP) as part of a cost-cutting initiative led by co-owner Sir Jim Ratcliffe. This decision aligns with Ratcliffe's broader financial adjustments since acquiring a stake in the club.
AFMUP, founded nearly 40 years ago, supports former players and contributes to various causes, such as children's charities and funeral expenses. The funding cut has caused concern among members, with Jim Elms, an 84-year-old member, stating, 'We learned of this decision only after reaching out to the club about missing payments.'
The decision has drawn criticism from fans and ex-players, who argue it undermines the club's community-focused legacy. This move is part of wider cost-saving efforts, including staff layoffs and reduced employee benefits, aimed at stabilizing the club's finances. However, Manchester United emphasizes its continued commitment to charitable initiatives through the Manchester United Foundation.
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