Manchester United’s latest financial results show the club has completed a payment of £16.7 million to end the contract of head coach Ruben Amorim and his coaching staff. Both reports link the figure to the termination decision despite Amorim having about 18 months remaining on his Portuguese contract at the time of dismissal. Sky Sports says the club’s finances are on a “positive track” even after the payout, while Vanguard reports the £16.7 million cost is stated in a club financial statement released on Wednesday. Vanguard also gives an approximate dollar equivalent of $22.5 million and describes the payment as arising from the sacking of Amorim and his staff. Taken together, the coverage indicates the outlay is a direct line item associated with the coaching change, and that United’s broader financial performance continues to be characterized as improving in the most recent results. The reports do not add further detail on how the payment is structured beyond the total cost stated in the financial statement.
Man United pay £16.7 million after sacking Ruben Amorim and staff
Manchester United’s latest financial results show the club has completed a payment of £16.7 million to end the contract of head coach Ruben Amorim and his coaching staff. Both reports link the figure...
- Manchester United pays £16.7 million to end Ruben Amorim’s contract and related staff agreements.
- The payout is tied to United’s decision to sack Amorim and his coaching staff.
- Amorim is reported to have had around 18 months left on his contract at the time of termination.
- The £16.7 million figure comes from a club financial statement reported as published on Wednesday.
- Sky Sports characterizes United’s overall finances as continuing on a positive track despite the payout.
Manchester United's decision to sack head coach Ruben Amorim and his staff with 18 months left on the Portuguese's contract cost the Premier League giants £16.7 million ($22.5 million), according to a club financial statement published on Wednesday. The post Amorim sack costs Manchester United £16.7 million appeared first on Vanguard News.
3 months agoMan Utd's latest financial results show the club are on a positive track, despite having to pay out £16.7m to sacked Ruben Amorim and his coaching staff.
3 months ago
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