Manchester United's recent financial results revealed that the club spent £21 million on managerial changes in 2024, including the termination of Erik ten Hag and former sporting director Dan Ashworth. Ten Hag's dismissal followed a series of disappointing performances, culminating in a 2-1 loss to West Ham. New manager Ruben Amorim has struggled, with United already losing 12 matches this season, reminiscent of the 1973/74 season where they were relegated. The report also indicated a 12% decline in commercial revenue for the quarter, increasing concerns over the club's financial health amid ongoing instability.
Manchester United's financial report reveals a staggering £21 million spent on managerial changes in 2024, highlighting the impact of managerial instability on club finances.
The club's decision to sack Erik ten Hag, just months after a contract extension, raises serious questions about the club's strategic direction.
With 12 Premier League losses already, United is mirroring the dismal season of 1973/74 when they faced relegation.
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