Manchester United co-owner Sir Jim Ratcliffe is considering further redundancies at the club.

Senior sources confirmed the club are looking at further cost-cutting options with United losing almost £300m over the past three years, described as “unsustainable” by one insider.

United have not denied reports suggesting co-owners Ineos Group, which is chaired by Ratcliffe, is weighing up making between 100 and 200 redundancies.

Details of how many staff will go, and when and which departments will be affected, are still to be decided and a final decision is expected to be made within a fortnight.

United may also close their London office in Kensington, although club officials are adamant they will maintain a presence in the capital to market and sell to global partners.

Ineos has already made cuts including 250 staff redundancies, removing Sir Alex Ferguson’s status as a paid ambassador, and ending the policy of free travel for staff to attend finals.

The argument is that money saved can be ploughed back into the first team, and the club estimated the last round of redundancies would save around £45m per year.

In a separate move, long-serving head of team operations Jackie Kay, who has been with United for almost 30 years, will leave the club.

In December, Ratcliffe warned more “difficult and unpopular decisions” would be taken to get the club to where he wants it to be.

Numerous Old Trafford staff members, including some who have already been made redundant, accept the club was ‘bloated’ in personnel terms. However, the scale of the cuts has shocked and angered many.

Sources say Ratcliffe has already injected £300m to help pay for extensive improvements to United’s Carrington training ground and on planning for a potential new stadium.

Ratcliffe is still to decide whether to give the green light to a new ground, which would likely cost in excess of £2bn, or rebuild Old Trafford, which could cost £1.5bn.

United’s latest accounts showed they reported a net loss of £113.2m in the year to 30 June 2024.

It follows losses of £28.7m in 2022-23 and £115.5m in 2021-22, with total losses across the past five years exceeding £370m.

When the London office opened in 2010, commercial revenues were £81.4m and they have risen to £302.9m in the latest figures for 2024.

However, along with many top-flight clubs, there is an acknowledgement that as broadcasting revenues stall, a different way of generating income to spend on the first team must be found.