Moyes compensation will be limited

Compensation for David Moyes is likely to be limited to one year of his six year contract when he is replaced later today.   Moyes is reported to have arrived at the Carrington training ground at 5 a.m. in a club car.

An announcement would need to be made by 2.30 p.m. BST when the New York stock exchange opens to meet Securities and Exchange Commission rules.    The relatively limited compensation would be justified by a failure to meet performance targets.

Compensation for David Moyes is likely to be limited to one year of his six year contract when he is replaced later today.   Moyes is reported to have arrived at the Carrington training ground at 5 a.m. in a club car.

An announcement would need to be made by 2.30 p.m. BST when the New York stock exchange opens to meet Securities and Exchange Commission rules.    The relatively limited compensation would be justified by a failure to meet performance targets.

The failure to qualify for the Champions League is a big blow to the club’s prestige and income stream.  It also reduces the profile that attracts sponsors, although they are all tied into long-term deals.

A factor in the Glazers’ decision is that season ticket renewals are due and there was a concern that growing anger among fans would hit ticket income.

What United now need to avoid is the managerial hopscotch that has blighted so many clubs.  They may also need to increase what has been a low net investment rate under the Glazers.