Erik ten Hag will be paid âabout ÂŖ15millionâ in compensation after being sacked by Manchester United, according to reports.
Man Utd sacked the Dutch manager on Monday morning following Sundayâs 2-1 Premier League defeat at West Ham.
A fourth loss in nine league matches left the Red Devils 14th in the top flight, while they have drawn all three of their opening Europa League matches, leaving them 21st in the 36-team league phase table.
Sporting Lisbon head coach Ruben Amorim will reportedly replace Ten Hag in the Old Trafford dugout after winning two Portuguese league titles in four years.
It has been reported that Amorim will not change from his 3-4-3 formation that has been so successful in Portugal, meaning big chances on the pitch are coming if he is appointed.
Man Utd will have to pay around ÂŖ8.3m in compensation to land the 39-year-old and face further financial obstacles.
Reports in Portugal suggest Amorimâs coaches have release clauses worth a total of ÂŖ4.1m and the Premier League giants will have to pay even more to waive the managerâs 30-day notice period.
We all know Man Utd are going to pay Sporting what they want but it is unclear when they will, with some bosses at Old Trafford eager for the Portuguese to be in charge of Sundayâs league match against Chelsea.
Regardless, changing managers will be an expensive operation and one that has left egg on the faces of the new ownership group, led by British billionaire Sir Jim Ratcliffe.
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Ratcliffe and his minions decided to trigger a 12-month extension in Ten Hagâs contract at the end of last season, rather than sack him after the clubâs worst finish in Premier League history, ironically increasing his compensation package which he will receive having been sacked less than three months into 2024/25.
In a huge piece from The Athletic, it has been revealed that Man Utd are âclose to the line on financial regulationsâ after it was âconfirmedâ they will pay Ten Hag a compensation fee in the region of ÂŖ15m.
The report states:
A figure of about ÂŖ15million ($19.5m) has been confirmed as accurate by people briefed on the matter, who like others in this article will remain anonymous to protect relationships. That sum, while giving pause for thought due to Unitedâs recent record of making losses, combined with financial regulations imposed by UEFA (European footballâs governing body) and the Premier League, was not considered prohibitive to a change. The cost could be swallowed if those in charge judged the sporting case compelling. And Unitedâs positions of 14th in the 20-club Premier League and 21st in the 36-team Europa League forced the issue, in their eyes.
United staff made further background checks on Amorim more recently, were informed he would be willing to leave Sporting despite their Champions League campaign, and came to an understanding of the fee to prise him away from the Portuguese club. A release clause of around âŦ10million (ÂŖ8.3m/$10.8m) was not seen as an obstacle. Berrada is a huge admirer of Amorim and has been a key driver behind the push to appoint him at United, although it is a collective call.
The combined cost of Ten Hagâs departure and Amorimâs potential arrival does push United close to the line on financial regulations, according to those with knowledge of the situation, but Ratcliffe has privately indicated a desire to test the limits and figure out a solution later.
