Amorim sack costs Manchester United £16.7 million

Manchester United’s decision to dismiss head coach Ruben Amorim and his staff, with 18 months remaining on the Portuguese’s contract, cost the Premier League club £16.7 million ($22.5 million), according to a club financial statement released on Wednesday.

Amorim was sacked in January, but his successor Michael Carrick guided the team to an improved run of form that finished with a third‑place league position and qualification for next season’s Champions League.

The move marks another costly managerial change at Old Trafford. Figures published in February 2025 showed that sacking Erik ten Hag and his staff had cost United £14.5 million.

Under Carrick, who was confirmed last week as United’s permanent manager on a two‑year contract, the club avoided the 15th‑place finish that had occurred in 2025—its lowest position since the club was promoted back to the top flight in 1974.

Broadcast revenue for the quarter ending 31 March rose 57.1 percent to £64.9 million, reflecting the projected prize money United will receive for finishing third—a figure that is fully covered by television income.

Although United earned no revenue from European competition this season, total revenue for the first nine months of the financial year reached £520 million, up from £502 million in the same period a year earlier. That increase followed Amorim’s run to a Europa League final, which was lost to Premier League rivals Tottenham Hotspur.

The club posted an operating profit of £37.7 million for the nine months to 31 March 2026, compared with an operating loss of £3.2 million in the corresponding period the previous year.

EBITDA for the same nine‑month period was £187.5 million, up from £145.3 million a year earlier.

United attributes part of the improved financial performance to a controversial cost‑cutting plan introduced after co‑owner Jim Ratcliffe joined the club, which included staff redundancies.

Despite these gains, the club still carries significant debt from the Glazer family era, with short‑term borrowing now at £262.5 million—approximately £50 million higher than the same quarter last year.

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