Manchester United is set to make up to 200 staff members redundant in a new restructuring plan.
This comes after 250 staff members were made last year.
The changes are being implemented by the INEOS group, headed by Sir Jim Ratcliffe, as well as CEO Omar Berrada.
The club statement read: "As part of these measures, the club anticipates that approximately 150-200 jobs may be made redundant, subject to a consultation process with employees.
"These would be in addition to the 250 roles removed last year."
Omar Berrada, Manchester United CEO, said: “We have a responsibility to put Manchester United in the strongest position to win across our men’s, women’s and academy teams.
"We are initiating a wide-ranging series of measures which will transform and renew the club. Unfortunately, this means announcing further potential redundancies and we deeply regret the impact on those affected colleagues.
"However, these hard choices are necessary to put the club back on a stable financial footing."
The statement noted that the club had lost money the last five consecutive years, and needed to make the changes in order to "meet UEFA and Premier League regulations".