Scot had been on a six-year deal worth £5m a season at Old Trafford.Former Manchester United head coach David Moyes is to receive as much as £7m in total in compensation following his sacking by the Premier League champions earlier this week, according to reports in the Daily Telegraph.
Read great Manchester United stories in Indonesian Bahasa! Manchester United berita.
The Scot was handed his marching orders during a face-to-face meeting with the club’s executive vice-chairman Ed Woodward at United’s Carrington training ground at 7.40am on Tuesday, just ten months after Moyes had succeeded previous Red Devils manager Sir Alex Ferguson in the dugout at Old Trafford.
And initially it was claimed that the ex-Everton boss would receive only a £5m payoff owing to a ‘failure’ clause in the six-year deal that Moyes signed last summer which reported capped his compensation at just one-year’s pay, amounting to £5m, if the Premier League giants had failed to finish the campaign in the top four of the league, and so missing out on the lucrative group stages of the Uefa Champions League.
However, it is now understood that in actual fact the 51-year-old will be get £7m in total in both wages and compensation, which works out at an eye-catching £137,254 a game during his ill-fated reign in the north west.