Feb 27 β€’ 09:50 UTC πŸ‡³πŸ‡΄ Norway Aftenposten

Stock Announcement Reveals: United's Dismissal of Amorim Could Cost 205 Million

Manchester United's firing of ex-manager Ruben Amorim could end up costing the club over 200 million kroner due to contractual obligations.

The recent dismissal of manager Ruben Amorim from Manchester United, after just 14 months, has raised significant financial implications for the club. Announced on January 5, the decision to terminate Amorim followed a public critique of the club's management by the Portuguese manager. Along with Amorim, his entire coaching staff departed, signaling a significant shift in the club’s management structure.

According to reports, a statement made to the New York Stock Exchange disclosed that the total costs associated with this managerial change could reach as high as 15.9 million pounds, equivalent to approximately 205 million kroner. These costs are contingent upon certain variables, including the likelihood of Amorim securing a new managerial position within a specified timeframe. This revelation emphasizes the financial stakes associated with managerial contracts in top-tier football.

In addition to the new costs, the club's previous financial dealings with Sporting Lisbon, from whom Amorim was acquired, are highlighted, indicating that Manchester United had already expended 6.3 million pounds prior to the dismissal. The cumulative financial burden of these managerial shifts points to potential impacts on the club's financial strategy and future investments in player acquisitions and other operational costs.

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