Costly sackings prove how important Champions League is to Manchester United

February 20 – The decision to sack manager Erik ten Hag, his staff and sporting director Dan Ashworth cost Manchester United £14.5 million in compensation, the club revealed when announcing their latest financial results. 

Ten Hag lost his job on October 28, just three months after being handed a one-year contract extension following months of uncertainty over his future, and after an FA Cup Final win against Manchester City the previous May, which secured Europa League qualification.

Read more …

Vinicius consortium buys Liga Portugal 2 side Alverca

February 19 – Real Madrid’s Vinicius Jr. has taken his influence beyond the pitch, spearheading a consortium of Spanish and Brazilian investors to acquire Liga Portugal 2 side Alverca. The Brazilian winger now reportedly owns between 70-80% of the club’s shares, as former owner Ricardo Vicintin sells up.

Read more …