Financial results: Huge pay offs United has spent on managers since Ferguson exit

February 15, 2019
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Manchester United have spent a massive £33.2million on sacking managers in the six years since Sir Alex Ferguson left the club.
David Moyes, Louis van Gaal and Jose Mourinho have all been and gone since Ferguson’s golden 26-year stint as manager came to an end in 2013.
United confirmed on Thursday, via their latest quarterly accounts, that the dismissal of Mourinho and his staff had cost the club a further £19.6million.
United rather dryly declared: “Exceptional items for the quarter were £19.6million, relating to compensation to the former manager and certain members of the coaching staff for loss of office.”

Portuguese coach Mourinho, who led the club to League Cup and Europa League triumphs, pocketed £15million of that figure.
Outgoing senior goalkeeping coach Silvino Louro, opposition scout Ricardo Formosinho, fitness coaches Stefano Rapetti and Carlos Lalin and analyst Giovanni Cera shared the remaining £4.6million.
Back in 2014, the departure of David Moyes and his coaching staff, just nine months into a six-year contract, cost the club £5.2million.
Ex-Everton chief Moyes, hand-picked by Ferguson to be his successor, would still have four months left on that deal had he still been in place and not extended.
Two years after Moyes’ sacking, his replacement Louis van Gaal was similarly sacked after a season in which United flopped in the Champions League and finished outside the top four – but managed to win the FA Cup.
The dismissal of the Dutchman and his coaching staff cost the club £8.4million.
Upon Van Gaal’s sacking, Woodward made little mention of the veteran coach to investors, but did declare that his replacement, Mourinho, was “a reflection of the club’s determination to return to the pinnacle of our sport”.
This time around he has praised caretaker boss Ole Gunnar Solskjaer for the ‘positive impact’ he has had since returning to the club.
He also added: “We are delighted with the improvement in the team’s performances since December and we look forward to a strong finish to the 18/19 season.”
However, during his call to investors he refused to answer questions on Solskjaer’s long-term prospects.

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