Man United have just paid 10.4 million pounds to Erik ten Hag and his assistants, shortly after the two sides parted ways. Of these, the majority of the money belongs to the Dutch coach when the contract extension was signed in the summer of 2024, almost after the team won the FA Cup.
This information was announced based on the latest business results of the Old Trafford team. In the figures, the club spent more than £21 million on a coach change. Of these, £11 million was used to recruit Ruben Amorim from Sporting Lisbon, along with 6 assistants of the 39-year-old coach.
Looking back over the past 10 years, since Sir Alex Ferguson retired, Man United has fired many coaches, starting with David Moyes. The total amount of compensation that the "Red Devils" have to pay for the contract is up to 70 million pounds. This is a huge number, it shows that Man United is wasting money and it is not known when this situation will stop.
Before Erik ten Hag, German captain - Ralf Rangnick also received contract compensation after leaving Old Trafford in 2022. Rangnick is the case that received quite a lot of compensation (about 15 million pounds, according to The Sun). Although their time together was not long and they did not win any titles, Rangnick still received a large sum of money when the two sides broke up. This shows that in the previous reign of the Glazer - Ed Woodward team, contract negotiations were too bad, always putting the team at a financial disadvantage.
Currently, no one knows how much Ruben Amorim's contract compensation is. It depends on the remaining term of this strategist's contract if he is fired. At Old Trafford, Amorim earns about 6.5 million pounds/year. This is not too big a number compared to previous famous names such as Jose Mourinho. However, Amorim really wanted to go to M.U and quickly accepted this clause to leave Sporting.
As for INEOS, headed by Sir Jim Ratcliffe, after the extension lesson from Erik ten Hag in the summer of 2024, everyone has learned a profound lesson. Ruben Amorim's contract could last until 2027, but the salary per season is not high to prevent bad cases. With a cost-cutting spending policy in the coming time, having to pay more than 10 million pounds in contract compensation like Ten Hag's case is considered a failure in financial planning.