"A charge of 6.3m for the write off of related intangible assets and a provision of 15.9m, representing the maximum potential amount of future settlement payments, will be recognised in the statement of profit or (loss) during the second half of the year ending 30 June 2026."
"It has been reported the maximum amount of 15.9m is dependent on certain factors, such as Amorim getting a new job within a specific timeframe."
"The combined changes around Amorim's appointment could cost United 36.3m."
Manchester United terminated Ruben Amorim's employment on 5 January following a public dispute with the club's hierarchy. Amorim's five coaches also departed. Financial filings reveal potential settlement costs of 15.9 million pounds for Amorim and staff, plus 6.3 million in asset write-offs. The maximum payout depends on factors including Amorim securing employment within a specified timeframe. United previously paid Sporting 6.3 million in compensation owed for Amorim's hire and paid 10 million to acquire him. Combined with Erik ten Hag's 10.4 million exit package, total managerial changes cost 36.3 million. Amorim won 25 of 63 games, leaving United 15th in the Premier League. Under interim manager Michael Carrick, United climbed to fourth place.
Read at www.theguardian.com
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