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Man United will consider terminating their London office lease in Kensington as part of a cost. EXCLUSIVE: Manchester United quit their £1m-a-year Mayfair HQ to move to a bigger office in Kensington as CEO Richard Arnold aims to build a greater powerbase at Old Trafford after Ed Woodward's exit. Man Utd's current office building in Kensington is located less than a mile from the Ineos headquarters in Knightsbridge.
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However, that convenience is unlikely to influence Ratcliffe's thinking. Manchester United will reportedly introduce an Old Trafford-style 'tunnel' to their new London office in Kensington. The Reds have left their London offices in Mayfair after 10 years.
www.alamy.com
Manchester United co-owner Sir Jim Ratcliffe is reportedly considering terminating the 10-year lease agreement of the club's London offices in Kensington. Editor's notes: In March 2023, it was announced that Manchester United was moving from its home since 2011, Stratton House in Mayfair, to a new London HQ in Kensington. The team signed a 10-year lease to rent the entire top floor of The Kensington Building, which provides 16,000 square feet of space and a 7,414 square.
retaildesignblog.net
Manchester United are looking to terminate their 10-year lease on their Kensington offices early as part of Sir Jim Ratcliffe's financial restructuring efforts, reports The Guardian.The club moved into the 23,000-square-foot space less than two years ago, but with Ratcliffe pushing for most staff to be based in Manchester, the London office is now seen as excessive. Sir Jim Ratcliffe is planning on bringing a bit of Old Trafford to Manchester United 's new London office in Kensington. The Ineos chief has been making his presence known ever since his 27.7% minority takeover of the club was confirmed.
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In March 2023, the club moved from its Mayfair offices after a decade. Manchester United are considering an early termination of their 10. Manchester United are exploring an early termination from a 10 year lease agreement at their Lon‐ don offices in Kensington in the latest cost cutting measure pro‐ posed by Sir Jim Ratcliffe.
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