Mourinho sacking cost Manchester United $ 25 million

Manchester United,Jose Mourinho,Manchester United Report,Manchester United Costings,Manchester United Revenue

Manchester United have spent a whopping £19.6 million ($25 million) to oust coach Jose Mourinho and his staff in December last. The details are revealed in the club’s accounts statement for the past three months.

The club has published the cost of getting rid of the coach and his team under the head “exceptional item”. “Exceptional items for the quarter were £19.6m, relating to compensation to the former manager and certain members of the coaching staff for loss of office,” states the accounts statement.

Ole Gunnar Solskjaer had replaced Mourinho as an interim coach and turned out the club’s fortunes ever since taking the club’s reigns in December. Under Solskjaer, Manchester United have won 10 of their 11 matches and reclaimed their place in the top of the Premier League table.

Also Read: Manchester United denies £4 bn takeover talks with Saudi Crown Prince

Manchester United top scores in Premier League social media rankings

Goalkeeping coach Silvino Louro, opposition scout Ricardo Formosinho, fitness coaches Stefano Rapetti and Carlos Lalin along with analyst Giovanni Cera were sacked in December as the team members of the ousted coach Mourinho.

Manchester United have also posted a record revenue of £ 208.6 million ($267 million) for the second quarter of the fiscal. The figure for the corresponding period last year stood at £177.4 million ($227 mn).  The club is expecting annual revenue to go up to £630m ($806 mn).

“Broadcasting revenue for the quarter was £103.7 million, an increase of £28.5 million, or 37.9%, over the prior year quarter, primarily due to the new UEFA Champions League broadcasting rights agreement and playing one additional UEFA Champions League game,” states the report.

Manchester United had handed the former Chelsea and Real Madrid boss Mourinho a contract extension by in January last year for a £ 12 million salary. His term were to last till June 2020. But a poor run by the team resulted in the premature exit of the coach and the team.

Also Read: Sports Business: Manchester United shares suffer 30% hit at NYSE

Beckham joins Manchester United’s Class of 92 as Salford City co-owner