The Norwegian was fired at the end of November, and the club’s most recent financial reports revealed just how much he cost them.
Manchester United has stated that sacking Ole Gunnar Solskjaer and several of his coaching staff cost the club about £10 million ($13 million).
Coaches Michael Carrick, Kieran McKenna, and Martyn Pert all left within a two-week span at the start of December, while the Norwegian left at the end of November.
Solskjaer is thought to have received around £7 million ($9 million), with the remaining £3 million going to ‘certain members of the coaching staff,’ as well as a contribution to the Football League pension system.
What exactly was said?
Manchester United released their second quarter financial figures on Tuesday, which span the period from December 31, 2020 to December 31, 2021.
Under the heading “special items,” the report detailed how much pay had been given to Solskjaer and other members of the coaching team.
“Exceptional items for the quarter cost £10.0 million,” the report stated. This cost comprises compensation for the loss of office of the former men’s first team manager and certain members of the coaching staff, as well as increased contributions to the Football League pension fund shortfall that we expect to pay based on the most recent actuarial valuation. The prior year quarter’s exceptional items were £nil.”
What else did the report contain?
Revenue has increased by 7% due to the relaxation of Covid limits, while the salary bill for the quarter was £97.7m ($131m), up £16m ($21m), or 19.6%, from the prior year quarter due to investment in the first-team playing group.
The club’s debt has increased by 8.6% to £494.8 million ($663 million), although the principle debt has remained steady, according to the club.
Who will take Solskjaer’s place?
On the call, football director John Murtough provided an update, confirming that the ‘thorough process’ for recruiting a permanent manager had begun.
PSG manager Mauricio Pochettino and Ajax coach Erik ten Hag are the frontrunners for the job, according to reports with current interim manager Ralf Rangnick expected to stay on as a consultant.