Manchester United have officially confirmed the financial impact of Erik ten Hag’s dismissal, revealing that the club spent £14.5 million to part ways with the Dutchman and his coaching staff last October.
Despite the managerial change, the Red Devils remain in 14th place in the Premier League standings, raising concerns over their long-term strategy. Ten Hag’s sacking adds to a staggering £72.2 million the club has spent on managerial departures since Sir Alex Ferguson’s retirement in 2013.
The Cost of Change at Old Trafford
United’s second-quarter financial report details the massive outlay on managerial dismissals over the years:
- David Moyes: £5m
- Louis van Gaal: £8.4m
- José Mourinho: £19.6m
- Ole Gunnar Solskjær & Ralf Rangnick: £24.7m
- Erik ten Hag: £14.5m
Despite the turbulence, CEO Omar Berrada remains optimistic, highlighting the club’s progress in cup competitions and the development of Carrington and Old Trafford. However, with financial constraints looming due to Profit and Sustainability Regulations, United’s summer transfer window could prove to be another major challenge.
Will Ruben Amorim be the man to finally steady the ship, or will United’s costly managerial merry-go-round continue?
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Michael Odegbe, a graduate in Animal Breeding and Physiology (B.Agric), contributes to Newsbino.com by providing informed and accurate news, along with valuable insights on relevant topics. His expertise as a Data Analyst, HRM, Blogger, Entrepreneur, Transformational Leader, and Humanitarian ensures readers receive practical, innovative content they can trust.
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