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The Guardian - UK
The Guardian - UK
Sport
Matt Hughes

Manchester United may terminate lease on London offices to save money

Sir Jim Ratcliffe watching Manchester United in action
Sir Jim Ratcliffe (centre) is trying to reduce costs at Old Trafford. Photograph: Tom Jenkins/The Guardian

Manchester United are exploring an early termination from a 10-year lease agreement at their London offices in Kensington in the latest cost-cutting measure proposed by Sir Jim Ratcliffe.

United moved into the Kensington Building less than two years ago after the expiry of a 10-year rental agreement on another office building in Mayfair, but with Ratcliffe deciding that the vast majority of the club’s staff should be based in Manchester, the 23,000 sq ft space has been deemed to be too large and expensive.

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