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United will owe Van Gaal £5m if he's sacked.

Manchester United would owe Louis van Gaal £5m if they sack him this summer

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With just four fixtures remaining in Manchester United’s season, it’s still unknown whether or not they will sack Louis van Gaal in the summer.

The beleaguered boss could still finish in the top-four and win the FA Cup - something that would not only salvage United’s season, but could also save his job.

Ever since Jose Mourinho was sacked as Chelsea manager in December, he was been heavily linked with the Old Trafford hot seat. However, with the season just weeks away from completion, there still appears to be no deal in place.

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And a report in The Times has suggested one of the reasons that United chiefs may want to keep hold of the Dutchman. It states that the club would have to fork out a massive £5 million if they dismiss Van Gaal in the summer.

With one year remaining on his deal, it’s understandable that the club may wait to allow him to see out his contract before replacing him.

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However, stalling on offering Mourinho a deal could see him losing interest and being snapped up by another European club.

Contract details

The Times also reveal details included in Van Gaal’s contract. He is set to lose £1m in wages if United fail to secure a top-four finish this season. They are currently fifth, four points behind Manchester City - although they do have a game in hand.

It also claims that Van Gaal is currently paid £8m-per-year although that figure is made up of numerous bonuses and clauses. His basic salary is £3.3m but he earns an extra £2m in loyalty payments, £1.6m for image rights and an additional £1.1m if he manages to qualify for the Champions League.

Manchester United v Leicester City - Premier League

If the club does decide to sack their boss, they will have to continue to pay his salary, including image and loyalty bonuses, until the end of his contract which expires in July 2017 - or if he starts a new job before then.

Other clauses in his contract says that Van Gaal would be paid £400,000 if he wins the Europa League or the FA Cup. Although they crashed out of Europe against Liverpool, he has an excellent chance to secure a decent payday by beating Crystal Palace in the cup final at Wembley on May 21.

But if he had won the Premier League or Champions League he would have netted a cool £1.5 million - and coming second or reaching the final would have seen that payment halved.

Mourinho on hold

On Wednesday, The Sun ran a report where they claimed that Manchester United had asked Mourinho to wait one year to take over at Old Trafford. They have since followed that up by claiming that the Portugese boss is reluctant to wait another 12 months after he previously stated that he will starting a new job this summer.

West Ham United v Chelsea - Premier League

Forget about transfers this summer, the most interesting story is going to be who is managing Manchester United at the start of next campaign.

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