Manchester United consider early termination of lease on Kensington offices to save money
- Ratcliffe exploring move as part of cost-cutting measures
- London office deemed too large and expensive
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-square-foot space has been deemed to be too large and expensive.
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