United were forced to pay £14.5 million ($18.2 million) in compensation to Erik Ten Hag, his coaching team and former sports director Dan Ashworth after he was fired as a manager in October, as revealed in Stark's quarterly account, which also Highlighted ££ Broadcasting revenue fell by 448m in 12 months.

United was fired just four months after signing a new contract against Manchester City in May after winning the FA Cup final against Manchester City in May, which won after the team's worst Premier League title ever Europa League qualification - eighth place.

Dan Ashworth left his position as athletic director in December just five months after taking the position. He arrived at Manchester United after the club reached a settlement with his former Newcastle United, which occupied millions of pounds.

Decision to extend the former Ajax coach's contract to June 2026 instead of ending the remaining 12 months of transactions for his existing contract, which was paid in financial data released Wednesday due to a portion of the second-quarter fiscal term account It's a heavy fee. New York Stock Exchange (NYSE).

The club said the "Special Items" of "Special Items for the Quarter" listed the severance payments of ten Witches and Ashworth, and the cost of £14.5 million was listed under "Special Items". This involves costs associated with former men's first team manager Erik Ten Hag and individual members of the football staff. ”

Since Sir Jim Ratcliffe's Ineos Group completed a series of cost-cutting measures, including more than 200 layoffs, and since completing a 27.7% minority purchase on February 20 last year, Manchester United has taken more than 200 layoffs.

More cuts are expected, with financial figures underscoring the importance of the Champions League to Manchester United - unless Ruben Amorim's side wins the Europa League, they are unlikely to play next season.

Commercial revenue rose £3.8 million, up £3.8 million year-on-year due to a new shirt sponsorship agreement with Qualcomm, but broadcast revenue fell to 42.1% to £61.6 million due to the Europa League rather than the Champions League.

Net financing costs also rose from £300,000 to £37.6 million - High Jump Club attributed to "unresponsible foreign exchange rates, resulting in unrealized foreign exchange losses in current quarters, compared to the previous year's quarter .”

Despite the worrying financial figures, co-CEO Omar Berrada said the club's focus remains on improving the league position of the men's team.

The team headed to Everton in 15 positions on Saturday, with only three positions in the Premier League relegation zone.

“We recognize the challenges of improving the league position of the men’s team and we are all working to achieve that. Meanwhile, we are happy to be promoted to the UEFA Europa League’s elimination phase and fifth place in the FA Cup round. ” Bellada said. “At the same time, our women’s team is currently ranked second in the Women’s Super League and has reached the quarter-finals of the FA Cup.

“Our reconstruction of the Carrington Training Complex is still normal. We continue to work hard to decide on the future of Old Trafford as part of a broader regeneration program that has now attracted the UK Government support. This was followed by work at Old Trafford Regeneration. Task Forces are showing the enormous economic potential of the future stadium project around the revitalization of the future stadium project.”