ESPN
Erik ten Hag will face a 25% pay cut as Manchester United manager next season if he holds onto his job in the wake of the failure to qualify for the Champions League, sources told ESPN.
[…] Sources told ESPN that United’s new football regime, headed by minority owner Sir Jim Ratcliffe, have been exploring possible alternatives to Ten Hag by assessing the qualities of other managers including England’s Gareth Southgate, Brighton manager Roberto De Zerbi, Brentford’s Thomas Frank and Wolves’ Gary O’Neil.
But despite the poor performances and exit from this season’s Champions League at the group stage, sources told ESPN that United are still, at this stage, preparing for next season with Ten Hag as manager.
Sources told ESPN that Ten Hag, 54, like the vast majority of his senior players, is on an incentivised contract at Old Trafford related to the team’s performances. That failure to secure Champions League qualification would trigger a 25% cut in salary for the season in which the team does not participate in UEFA’s premier competition.
With Ten Hag earning £9 million-a-year ($11.2m) as United manager, an absence from next season’s Champions League would see his salary drop to £6.75m and potentially open up the prospect of a less lucrative compensation package should a decision be made to dismiss him as manager with one year remaining on his contract this summer.
