Football News

SHOCKING MAN UNITED NEWS! ERIK TEN HAG SACKED as Manager! Find out the jaw-dropping cost that Manchester United faces for this bombshell decision, and the HUGE financial impact it could have on the club’s future!

Manchester United have dismissed Erik ten Hag as manager after a rocky start to the season, which saw the team struggling in 14th place. Although club executives chose to retain him initially despite fan discontent following an underwhelming eighth-place finish and missing out on the UEFA Champions League, the decision was ultimately reversed after a 1-1 draw against West Ham.

 

Ten Hag’s dismissal comes with financial ramifications. With an annual salary around £6.75 million and a contract until 2026, he could claim severance worth approximately £13.5 million, though this amount may be slightly reduced. Additionally, United may incur costs for replacing his backroom staff, many of whom joined only recently. Club legend Ruud van Nistelrooy has stepped in as interim manager, working alongside assistant Rene Hake, while the club searches for a long-term replacement.

 

Replacing a manager mid-season can be costly, particularly if United hires someone already under contract elsewhere, which would likely demand a hefty compensation fee. This expense comes on top of the financial pressures the club faces due to the risk of missing out on Champions League football, which provides substantial revenue—around £60 million in prize money and home game revenue. Additionally, United’s commercial deals rely on the visibility Champions League participation offers. Extended absence from the competition could impact the value of these partnerships.

 

United must also remain cautious of the Premier League’s Profit and Sustainability Rules (PSR). In the past year, player sales have helped the club stay within financial limits, but the costs associated with managerial changes are considered “exceptional” and do not fall under allowable deductions. While United is not at immediate risk of breaching these regulations, they may have to reconsider their financial strategy for January transfers and future spending to avoid running into complications.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button