Berliner Boersenzeitung - Man Utd spent £14.5m on sackings including Ten Hag and Ashworth

United, the 20-time champions of England, are currently a lowly 15th in the Premier League table following Sunday's 1-0 loss at Tottenham, with only West Ham and Wolves between them and the relegation zone.

The hope for an upturn in results under new manager Ruben Amorim has failed to materialise since the Portuguese boss replaced Ten Hag, sacked in October just 116 days after United triggered a clause to extend the Dutchman's contract until 2026.

A costly decision taken by minority owner Jim Ratcliffe's INEOS group was compounded by the rapid exit from Old Trafford of Ashworth, who arrived from Newcastle on July 1 following lengthy talks only to leave on December 8.

The financial expense of those decisions was laid bare in United's results for the quarter ending December 31 under 'exceptional items'.

"Exceptional items for the quarter were a cost of £14.5 million," said a United press release.

"This relates to costs associated with the departure of former men's first team manager Erik ten Hag and various members of football staff."

United confirmed in their first quarter results the pay-off to Ten Hag and his staff was worth £10.4 million, indicating Ashworth's departure cost some £4.1 million.

The latest financial results show United made a loss of £27.7m over the quarter ending December 31.

Broadcasting revenue plunged by 42 percent to £61.6m due to playing in the Europa League this season rather than the more lucrative Champions League.

Unless United go on to win the Europa League they are almost certain to miss out on Champions League revenue again next season.

That is likely to affect the transfer budget handed to Amorim in the close season.

The Portuguese said last week that the club will have to sell before they can buy in the summer window.

In the year since British billionaire Jim Ratcliffe bought a minority stake, a series of unpopular and wide-ranging cost cutting measures have been implemented, including over 200 redundancies.

Ticket prices have also increased despite a supporter backlash, while legendary former manager Alex Ferguson saw his reported £2 million-a-year-ambassador role axed.

"We recognise the challenges in improving our men's team's league position and we are all working hard, collectively, to achieve that," said United CEO Omar Berrada.

(A.Lehmann--BBZ)