Manchester United co-owner Sir Jim Ratcliffe is tipped to cut around 200 further jobs as part of ongoing cost-saving measure amid claims he is concerned the club could go "bust”.

The announcement by cost-cutting champion Sir Jim Ratcliffe of further jobs to go, rumoured to be at least 100 – possibly double that on top of the 250 already axed – suggests that someone in the Ineos economic department might not have O’Level Maths.

The severity of Man Utd's financial situation has emerged as Sir Jim Ratcliffe prepares to oversee further job cuts.