How Much Would It Cost Manchester United to Hire Eddie Howe?
Manchester United would have to pay at least $4 million to hire Eddie Howe as a replacement for Michael Carrick. The deal would also involve salary expenses and compensation payments.
Manchester United continue to evaluate their managerial options, with former Newcastle United manager Eddie Howe emerging as one of the leading candidates.
However, hiring him would not be as straightforward as it might seem. According to The Guardian, the Old Trafford club would have to pay approximately $4 million (£3 million) to release him from the contractual obligations established following his departure from Newcastle.
That figure represents only the initial cost of the operation, as the club would also need to negotiate the manager's salary and the financial terms for his coaching staff.
Among those who could join him is Jason Tindall, his longtime assistant, whose salary would further increase the overall investment.
How Much Would It Really Cost to Replace Michael Carrick?
Howe's potential arrival would also depend on the contractual situation of Michael Carrick, who has a two-year agreement with Manchester United.
The club would need to consider a compensation payment if it decides to terminate his contract early.
According to The Athletic, the salary demands of Howe and his assistant would not be insignificant for the club's management.
Although the total cost could remain below $10 million, the team's financial situation requires careful consideration of any decision.
For now, Carrick is guaranteed to remain in charge at least until the Premier League clash against Chelsea, while uncertainty continues to surround his future.
The Millions Manchester United Have Spent on Managerial Compensation
Since INEOS, led by Jim Ratcliffe, became involved in the club, Manchester United have spent significant amounts of money on managerial changes.
The most notable expenses include:
- Erik ten Hag: $13.8 million in dismissal compensation.
- Ruben Amorim: $14.6 million to secure his appointment.
- Ruben Amorim: Up to $10.6 million following his departure.
Together, these operations represent approximately $39 million, excluding the $5.5 million spent on the departure of former sporting director Dan Ashworth.
Why Are Manchester United Trying to Cut Costs?
Despite reporting revenue exceeding $900 million and an operating profit of approximately $30 million, Manchester United continue to face significant financial obligations.
During the 2025–26 season, the club spent approximately $92.5 million on interest payments related to its debt.
As a result, the management team led by Omar Berrada has maintained a policy of financial discipline.
Hiring Eddie Howe could mark the beginning of a new sporting era, but it would also represent another financial commitment for a club determined to avoid repeating past mistakes.
