Manchester United’s hierarchy has reportedly decided to retain Erik ten Hag as manager for the 2023/24 season, despite a disappointing campaign that has seen the club languishing outside the Premier League’s top four and crashing out of both domestic cups. The decision is primarily driven by the lack of a clear alternative who could realistically take over the reins at Old Trafford.
United have been linked with several high-profile managers in recent months, including Mauricio Pochettino, Luis Enrique, and Julen Lopetegui. However, none of these candidates are considered to be a perfect fit for the club at this time. Pochettino has struggled to impress at Paris Saint-Germain, while Enrique is reportedly set to take over as Spain’s manager. Lopetegui, meanwhile, has a mixed record at Sevilla and is not seen as a significant upgrade on ten Hag.
Financial Constraints
Another major factor influencing United’s decision is the cost of firing ten Hag. The Dutchman signed a three-year contract worth a reported £8 million per season when he joined the club in May 2022. If United were to terminate his contract prematurely, they would be liable to pay him a substantial severance fee, estimated to be in the region of £24 million.
This financial burden would be a significant setback for United, who are already facing financial challenges. The club’s net debt has risen to almost £600 million in recent years, and they are also facing reduced revenue streams due to their absence from the Champions League.
Ten Hag’s Record
Ten Hag’s record at United has been mixed. While the team has struggled for consistency in the Premier League, they have shown signs of improvement under his leadership. United have progressed to the knockout stages of the Europa League and have won their last four league games.
The Dutch manager has also been praised for his commitment to attacking football and his willingness to give young players a chance. However, he has also been criticized for his tactical inflexibility and his handling of certain players, such as Cristiano Ronaldo.
Manchester United’s decision to retain Erik ten Hag as manager for next season reflects the club’s lack of a clear alternative and their financial constraints. While ten Hag has not yet fully convinced the United faithful, he has shown enough promise to warrant another season at the helm. It remains to be seen whether he can turn the club’s fortunes around and lead them back to the pinnacle of English football.