Manchester United incurs £14.5m costs from Ten Hag, Ashworth dismissals
Manchester United incurs £14.5m costs from Ten Hag, Ashworth dismissals

Manchester United incurs £14.5m costs from Ten Hag, Ashworth dismissals

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Manchester United's latest financial results revealed a staggering £14.5 million ($A29 million) cost associated with the sacking of manager Erik ten Hag and sporting director Dan Ashworth, highlighting a tumultuous season for the Premier League club. Ten Hag was dismissed in October, just 116 days after his contract was extended, while Ashworth left his position in December after only five months. The total payoffs included £10.4 million for Ten Hag's team and £4.1 million for Ashworth, contributing to a loss of £27.7 million for the quarter ending December 31. The results also reflected a 12% drop in revenue, attributed to a decline in broadcasting income following the team’s failure to qualify for the Champions League. In response to ongoing financial struggles, the club is reportedly considering further redundancies, adding to the 250 jobs already cut last summer. United's minority owner, Sir Jim Ratcliffe, has initiated cost-cutting measures to address the financial challenges the club faces.

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