David Moyes entitled to £4.5m severance pay

Published Add your comment

Former Manchester United manager David Moyes will receive a settlement of £4.5m from Red Devils chief following his abrupt dismissal as boss earlier today, according to The Times.

Moyes learned his fate ahead of arriving at United's Carrington training ground at 5.20am, with the Glazer family deciding to act following a 2-0 defeat to Everton last Sunday which mathematically confirmed the club cannot qualify for next season's Champions League.

The Scot only signed a six-year deal to take the reigns at Old Trafford last summer, but under the terms of his contract is only entitled to 12 months' severance pay for his efforts as manager.

United chief executive Ed Woodward put a clause in that deal which allows for a reduced £4.5m severance package without a top-four finish, a target Moyes failed to achieve during a season from hell in charge of the defending Premier League champions.

Moyes stayed at Carrington until late this morning to thank players and staff for their efforts during his time in charge, but will walk away from the club with an inflated bank balance to ease the pain of his failure to succeed as Sir Alex Ferguson's successor.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Manchester United
Premier League

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again