BREAKING: Manchester United Ready To Pay €10m For Ruben Amorim As New Manager—Sporting Lisbon have confirmed that Manchester United have indicated interest in paying the 10 million euro release clause in manager Ruben Amorim’s contract.
The Genius Media Nigeria reports that the Portuguese club has informed the country’s financial regulator about the negotiations.
Amorim is expected to be in charge when Sporting play a Taca da Liga tie against Nacional at Estadio Jose Alvalade on Tuesday night.
But it could be the 39-year-old’s last game with the team.
Due to their listing on the stock market, Sporting are obliged to inform Portugal’s financial regulator, the CMVM, of any significant impact on the club’s business.
The statement to the CMVM read: “Sporting comes, under the terms and for the purpose of fulfilling the information obligation arising from the provisions of Article 17 of Regulation (EU) No. 596/2014, of the European Parliament and of the Council of April 16, inform the market in the following terms: “1. Manchester United FC expressed interest in hiring coach Rúben Amorim, and the Board of Directors of Sporting SAD referred to the terms and conditions provided for in the employment contract in force between the Company and the coach, specifically for the respective termination clause and for the amount of Euro 10,000,000.00;
“2. Manchester United FC expressed interest in paying Sporting SAD the amount of said clause.”
Sporting Lisbon have confirmed that Manchester United have indicated interest in paying the 10 million euro release clause in manager Ruben Amorim’s contract.
The Portuguese club has informed the country’s financial regulator about the negotiations.
Amorim is expected to be in charge when Sporting play a Taca da Liga tie against Nacional at Estadio Jose Alvalade on Tuesday night.
But it could be the 39-year-old’s last game with the team.
Due to their listing on the stock market, Sporting are obliged to inform Portugal’s financial regulator, the CMVM, of any significant impact on the club’s business.
The statement to the CMVM read: “Sporting comes, under the terms and for the purpose of fulfilling the information obligation arising from the provisions of Article 17 of Regulation (EU) No. 596/2014, of the European Parliament and of the Council of April 16, inform the market in the following terms: “1. Manchester United FC expressed interest in hiring coach Rúben Amorim, and the Board of Directors of Sporting SAD referred to the terms and conditions provided for in the employment contract in force between the Company and the coach, specifically for the respective termination clause and for the amount of Euro 10,000,000.00;
“2. Manchester United FC expressed interest in paying Sporting SAD the amount of said clause.”
