Manchester United have released their latest set of accounts which reveal how much it cost the club to sack Ruben Amorim and his coaching staff in January
Ruben Amorim looking on
Ruben Amorim was sacked by Manchester United in January (Image: PA)
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Manchester United have confirmed that it cost the club £16.7million to sack Ruben Amorim and his coaching staff. The Red Devils parted ways with Amorim and his backroom team in January.
The Portuguese lasted just 14 months in charge after succeeding Erik ten Hag as head coach in November 2024. The former Sporting boss went on to guide United to 15th, their lowest Premier League finish on record, and a Europa League final defeat to Tottenham Hotspur.
Amorim's tenure at Old Trafford was plagued by inconsistent form and a muddled style of play. The 41-year-old was heavily criticised for his tactical inflexibility, having stuck with a back-three for the majority of his tenure at M16 - despite calls for him to show greater versatility.
He was initially replaced by Darren Fletcher for two games before former Red Devils midfielder Michael Carrick was appointed until the end of the season. The ex-Middlesbrough boss has enjoyed a successful tenure so far - guiding United back into the Champions League before being handed the permanent job at M16.
And as United look towards an exciting future under Carrick, the club's latest set of accounts have revealed healthy numbers - despite the cost of sacking Amorim.
The club say they have recorded an operating profit of £37.7m over nine months to March 2026, compared with a £3.2m loss in the same period of the previous year.
Manchester United co-owner Sir Jim Ratcliffe looks on during the Premier League match between Wolverhampton Wanderers and Manchester United
Manchester United co-owner Sir Jim Ratcliffe has undertaken a host of cost-cutting measures at the club(Image: Getty Images)
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United's earnings before interest, taxes, depreciation and amortisation for those nine months are £187.5m - up from £145.3m in the year prior.
The Red Devils believe their cost-cutting off the pitch since Sir Jim Ratcliffe came on board as co-owner, which has included redundancies for club staff, has benefited their finances.
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However, the club still has $650m (around £483m) worth of debt from the Glazer era, while short-term borrowing is up to £262.5m - around a £50m increase on the same quarter last year.
United's latest accounts have also been affected by the absence of European football at Old Trafford for the first time in a decade. The men's first team were also knocked out of both domestic cup competitions in the first round this season.
But United will no longer have free midweeks from next term after qualifying for the Champions League under Carrick.
The club will receive at least £16m in prize money from qualifying for Europe's elite competition.