LONDON (AFP) - Manchester United revealed on Thursday (Feb 14) that sacking Jose Mourinho cost the club nearly £20 million (S$34.8 million), with executive vice-chairman Ed Woodward hailing the impact of Ole Gunnar Solskjaer.
The sum of £19.6 million which is listed under "exceptional items" in the club's second-quarter results, includes payouts for the members of Mourinho's staff who left with him after he was sacked in December.
The fortunes of the Premier League club have been transformed since Solskjaer took the helm as interim boss.
United are now in the top four after being 11 points adrift of the Champions League places when Mourinho left.
"The appointment of Ole and Mike (Phelan) as caretaker manager and assistant manager has had a positive impact throughout the club," said Woodward.
"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."
In the report, the club announced record revenues of £208.6 million for the quarter, which translate into earnings before interest, tax, depreciation and amortisation of £104.3 million and an operating profit of £44 million.
Â
Â
Real Madrid last month knocked Manchester United off the top of Deloitte's Football Money League after two years at the top for the Premier League club.
Meanwhile, Eric Harrison, the former youth team coach of United's 'Class of 92', which included David Beckham and Ryan Giggs, has died aged 81, the club announced on Thursday.
Harrison, who helped forge the fledgling careers of Beckham, Giggs, Nicky Butt, Paul Scholes and Gary and Phil Neville, was diagnosed with dementia four years ago.
Manchester United's Class of '92 coach and mentor Eric Harrison passes away in sleep aged 81. It is the first official confirmation of the financial hit United took when they sacked the £346,000
José Mourinho | The Guardian
Mourinho's huge pay-off fails to dent Manchester United's record quarter Financial results reveal compensation payments following December departure cost £19.6million.
Man United confirm enormous pay-off to Jose Mourinho
Mourinho's huge pay-off fails to dent Manchester United's record quarter Mourinho was sacked shortly after United lost 3-1 to Liverpool, the fifth league defeat of the season and a result
Mourinho's huge pay-off fails to dent Manchester United's
MANCHESTER UNITED REVEALED on Thursday that sacking Jose Mourinho and his staff cost the club nearly £20 million. The sum of £19.6 million (€22.2 million)) which is listed under "exceptional items" in the club's second-quarter results, includes pay-outs for the members of Mourinho's staff who left with him after he was sacked in December.
Man Utd latest financial results: 6 things you might have
Football: United confirm huge Mourinho payoff; 'Class of 92' coach Harrison dies aged 81. The sacking of Jose Mourinho cost Manchester United nearly £20 million (S$34.8 million), the club
Latest JOSE MOURINHO | The Straits Times
Eric Harrison, the former youth team coach of Manchester United's 'Class of 92', which included David Beckham and Ryan Giggs, has died aged 81, the club announced on Thursday. Harrison, who helped forge the fledgling careers of Beckham, Giggs,
José Mourinho | The Guardian Manchester United's Class of 92 coach, dies aged 81. "There are lots of poets in football," Mourinho said after winning the Europa League in 2017 in a
Football - app.timesofmalta.com
Football: United confirm huge Mourinho payoff; 'Class of 92
Man Utd latest financial results: 6 things you might have missed as Ed Woodward faced investors. The share price is rising, the App remains No.1 and "entertainment centres" in China are very much
Mourinho´s huge pay-off fails to dent Manchester | Daily
Mourinho´s huge pay-off fails to dent Manchester United´s record quarter Woodward paid tribute to former youth coach Eric Harrison, who died on Wednesday evening aged 81, describing him
Man Utd spent £19.6m on sacking Jose Mourinho and backroom
Football: United confirm huge Mourinho payoff; 'Class of 92' coach Harrison dies aged 81. Feb 14, 2019, 9:19 pm. Football: Mourinho humiliated by fall at Russian hockey league face-off.
Mourinho's huge pay-off fails to dent Manchester United's
0 comments:
Post a Comment