Manchester United paid an extortionate amount of money to sack Louis van Gaal

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Louis van Gaal's tenure as Manchester United manager will live long in the memory for fans - but for all the wrong reasons.

For two frustrating years the Dutchman trudged the sidelines at Old Trafford and did little in the way of restoring glory after replacing David Moyes, who similarly failed to make the grade.

Were it not for winning the FA Cup in May, Van Gaal's spell might have been regarded as even more disastrous than his predecessor's.


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He was sacked two days after guiding - for want of a better word - United to silverware and duly replaced by former Chelsea boss Jose Mourinho who, having spent £150 million in the transfer window and secured nine points from a possible 12 so far, has impressed.

The Dutchman's departure came at a price, though - and a pretty hefty one at that.

According to financial figures released by chief executive Ed Woodward, per Rob Harris (see below), United forked out an eye-watering £8.4 million in compensation to sack Van Gaal and his coaching staff.

Some might regard that as money well spent given the circumstances, but it's an astounding amount of money nevertheless.

Fans certainly think so anyway after reacting in disbelief to the amount United paid.


One fan certainly thought Van Gaal's big-money pay-off was worth every penny...

In the same revenue report, it was revealed United have become the first English club to record revenue of £500 million (£515.3 million) in a financial year, of which £36 million was profit.

Here's what Woodward had to say: "Our record Fiscal 2016 financial performance reflects the continued underlying strength of the business and the Club is on target to achieve record revenues in 2017, even without a contribution from the Champions League.

"This strong financial performance has enabled us to invest in our squad, team management and facilities to position us to challenge for, and win, trophies in the coming years."

United's chief executive expects revenue to be in the region of £530-540 million next year.

It's the Red Devils' wage bill that is most interesting, though. Following a summer where, as mentioned, upwards of £150 million was spent on the likes of Paul Pogba and Eric Bailly, they are currently spending £232.2 million on wages per year.

And following the trend of everything increasing at United, their debt has risen by 2% to £261 million.

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