Manchester United have disclosed that they paid £8.5 million in a severance package to former manager Ruben Amorim after he was dismissed in January. Amorim had been in charge for 14 months and was sacked following a 1-1 draw against rivals Leeds United. His departure occurred before the end of his two-and-a-half-year contract. Initially, the club had reported an exceptional cost of £16.7 million in its third-quarter results from May, but this figure has since been reduced significantly because Amorim has since taken on a managerial role at AC Milan. The £8.5 million payment is about half of the amount paid to his predecessor, Erik ten Hag, when the Dutch manager left the club in 2024. Despite the financial cost of Amorim’s exit, Manchester United reported record revenues for the 2025/26 financial year, earning £677.6 million for the year ending 30 June. This surpasses the previous record of £666.5 million from the prior year. The club has set a revenue target of between £740 million and £760 million for the following year, and it is currently back in the Champions League. However, Manchester United recorded a pre-tax loss of nearly £47 million, underscoring the ongoing need for financial prudence and cost control. The club’s wage bill for the year was £302 million, a decrease of £11.3 million or 3.6 per cent compared to the previous year. This reduction is attributed to changes in the men’s first-team squad and headcount reduction initiatives over the past two years. Chief Executive Officer Omar Berrada highlighted that the record revenues and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) demonstrate the underlying strength of the club’s business, especially considering the absence of European competition during the season.