Manchester United has revealed how much money they have spent to dismiss Erik ten Hag, his staff and then Ashworth.
Ten Hag was fired by the Red Devils in October after winning only three of their opening of nine Premier League matches.
The club also touched the Dutchman's staff when they wipe the board for Ruben Amorim and the arrival of his own coaching team.
Although that step was not that surprising, it was announced at the beginning of December that sports director Ashworth would leave the lead after only five months.
United has now confirmed the costs of saying goodbye to ways with them.
In the tax results of the club for the second quarter before 2025, it was published today, it was noted under “Exceptional Items” that United £ 14.5 million – £ 10.4 million spent at ten Hag and its staff and £ 4.1 Million to dismiss in Ashworth's exit.
The tax report also showed that the total turnover of the club had fallen by 12 percent compared to the quarter and the stunning costs for the maintenance of the Galzer family's debt.
The loss of income was due to a reduction of 42.1 percent in the broadcasting income, which dropped to £ 61.6 million from the lack of Champions League football.
That was despite the fact that the commercial income increased by 18.5 percent driven by a new shirt sponsorship with the Snapdragon brand from Qualcomm.
The accounts showed that United had a business profit of £ 3.1 million, with EBITDA (profit for interest, tax, depreciation and amortization) of £ 70.5 million, a decrease of 22.9 percent from £ 91.4 million in 2Q24.
Including the trade in players, however, this figure resulted in a loss of £ 27.7 million.
The club's balance sheet was also reinforced by an investment of £ 80 million by Ineos – without which man Utd would have left only £ 15 million in cash.
Interest costs Since the buy-out of 2005, more than £ 1 billion have now gone after £ 18.8 million payment, while the total debt amounts to £ 731 million-with around £ 300 million that still owes transfers.
In a statement, CEO Omar Berrada spoke about the challenges that the club is confronted with and the ongoing work to regenerate Old Trafford and redevelop the Carrington Training Center.
He said: “We recognize the challenges in improving the competition position of our men and we all work hard, collective, to achieve that.
“At the same time, we are happy that we went to the knockout phase of the UEFA Europa League and the 5th round of the FA Cup.
“In the meantime, our women's team is currently second in the Women's Super League and has reached the quarterfinals of the FA Cup.
“Our redevelopment of the Carrington Training Complex remains on the right track.
“We continue to work on a decision about the future of Old Trafford as part of a broader regeneration program, which has now hired British government support.
“This follows the work of the Old Trafford Regeneration Task Force when demonstrating the significant economic potential of a revitalized area around a future stadium project.”
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