ANKARA

Manchester United's financial woes will lead to 200 more redundancies, British media reported Wednesday.

Sir James Arthur Ratcliffe, head of the INEOS group, the co-owner of Manchester United with sporting control, is considering letting go of 200 employees aiming to cover the Red Devils’ more than £300 million ($375 million) loss from the last three years, The Guardian's Jamie Jackson reported.

Last fall the Premier League team laid off 250 staffers.

In November, the English Premier League club announced they had to pay more than $25 million to sack former manager Erik Ten Hag and hire Ruben Amorim as his replacement.