By Yadarisa Shabong

July 3 (Reuters) - Manchester United ( MANU ) is

proposing to cut about 250 jobs as part of a club-wide

redundancy programme, a source close to the company told

Reuters.

The job cuts would include all departments and levels of the

club, except for its charitable arm Manchester United

Foundation, according to the source.

The job cuts, first reported by the Daily Mail, would

represent about 22% of its workforce.

The 20-times English champions, which saw its worst Premier

League finish since 1990 at eighth place last season, is

reviewing all aspects ahead of the 2024-25 season.

This also comes months after British billionaire Jim

Ratcliffe took a 25% stake in Manchester United ( MANU ) and took charge

of their soccer operations to try to revive its fortunes on the

pitch.

Manchester United ( MANU ) had about 1,112 employees as of June last

year, including players, coaches, administration staff and

others.

The club, which is set to report third-quarter results on

July 10, will welcome new CEO Omar Berrada, from Manchester

City's parent company City Football Group, later this month.

Manchester United ( MANU ) will play at the second-tier Europa League

next season thanks to its FA Cup win, after having failed to

qualify for the lucrative Champions League.