Coming live from fabrizio Romano just early hours of today, With all of Eric Ten Hag’s entitlements paid out, Manchester United and Eric Ten Hag parted ways in a calm manner this morning. This is good news. Can’t believe that at long last, our prayers that were kept hidden have finally been answered 😳🙀
Erik ten Hag is purportedly receiving support from the Manchester United hierarchy despite the team’s recent dismal performance – but the financial repercussions of terminating his contract remain a pressing consideration.
The Dutch manager finds himself in the unenviable position of leading the club to its worst start since 1961. However, any decision to part ways with Ten Hag comes with a hefty price tag. The Athletic reports that Manchester United would be obligated to shell out approximately £15 million ($18 million) in compensation, reflecting his substantial annual salary of £9 million ($11 million) and the remaining 20 months on his contract. This figure surpasses the £10 million ($12 million) payout to Ole-Gunnar Solskjaer two years ago but falls short of the staggering £20 million ($25 million) disbursed to Jose Mourinho in 2018.
However, the financial burden of severing ties with Ten Hag extends beyond the compensation package. Manchester United finds itself in a precarious financial position, compounded by the impending takeover bid and dwindling cash reserves. The club’s lavish spending in previous seasons has triggered constraints under financial fair play regulations. Consequently, any expenditure associated with relieving Ten Hag of his duties and appointing a successor would exacerbate the financial strain on the club.
Despite the looming specter of financial repercussions, the fate of Ten Hag remains uncertain. Publicly backed by the board, his tenure hangs in the balance pending further developments. However, another subpar performance against Fulham on Saturday could intensify scrutiny on the Dutchman and test the club’s resolve to retain him as manager.
