Sources: Ten Hag faces pay cut if he stays at Utd

Key Facts

REACTIONS Erik ten Hag will face a 25% pay cut as Manchester United manager next season if he holds onto his job in the wake of the failure to qualify for the Champions League, sources have told ESPN.
But despite the poor performances and exit from this season's Champions League at the group stage, sources have told ESPN that United are still, at this stage, preparing for next season with Ten Hag as manager.
Sources have told ESPN that the 54-year-old, like the vast majority of his senior players, is on an incentivised contract at Old Trafford related to the team's performances and that failure to secure Champions League qualification would trigger a 25% cut in salary for the season in which the team does not participate in UEFA's premier competition.
With Ten Hag earning £9 million-a-year ($11.2m) as United manager, an absence from next season's Champions League would see his salary drop to £6.75m and potentially open up the prospect of a less lucrative compensation package should a decision be made to dismiss him as manager with one year remaining on his contract this summer.