Mauricio Pochettino's appointment as Manchester United's new manager marks a significant investment for the club, with a reported 15 million euros paid in a single week. This move brings the total amount Manchester United has spent on managerial hires and dismissals over the past thirteen years to over 120 million euros, a substantial financial outlay.
Manchester United had to pay 8.70 million euros to release the departure clause of Argentine coach Erik ten Hag, in addition to 5.88 million euros to settle the remaining obligations of his technical staff and current contract, following a disappointing start to the Premier League season.
Manchester United's new permanent coach, Michael Carrick, has made a notable start to his transfer window, demonstrating a more conservative approach compared to his predecessors. In his first transfer window, Carrick's spending was significantly lower than that of Erik ten Hag and Rubén Amorim, with a total of 185 million pounds invested in the team.
Jim Ratcliffe, the owner of the team, is facing financial challenges that have resulted in over 322 job losses among club employees, despite his initial promise to revitalize the sports project through a more austere approach.
Following Sir Alex Ferguson's appointment as Manchester United's manager in 2013, the club's management has struggled to find its footing, making a series of costly decisions that began with the £2.8 million payout to the outgoing technical staff and continued with the £5.76 million spent on David Moyes' ill-fated tenure.
The list of compensation payments for former Manchester United managers has expanded, with Louis Van Gaal's dismissal reportedly costing 10 million euros. This figure surpasses the previous record of 23 million euros, which was paid to José Mourinho and his assistants in 2018. Additionally, the exits of Ole Gunnar Solskjaer and Ralf Rangnick have been disclosed, with their respective compensation packages totaling 10.69 million and 17.27 million euros.
Manchester United has incurred substantial financial losses in recent months, with a reported expenditure of £12.22 million for Erik ten Hag, as well as a significant outlay of £3.53 million to acquire sports director Dan Ashworth from Newcastle United. The club then incurred an additional £5 million in costs to terminate Ashworth's contract, less than five months after his initial appointment.
Manchester United has agreed to pay €15 million to secure the appointment of their new coach. Additionally, the club will provide $6 million in compensation to former coach Michael Carrick and his technical staff following his dismissal.
The situation surrounding Rúben Amorim's transfer to Sporting de Portugal has been further complicated by the addition of 13 million euros in compensation, set to be paid in 2024, in addition to the 9.64 million euros incurred in January last year. This development has placed pressure on Pochettino to address the issue promptly, in order to avoid incurring a potential multi-million euro indemnity, reminiscent of the costly transfer history at Old Trafford.
