Football
Ole’s appointment: Man Utd make £500k goodwill payment to Molde
The payment is the second to Molde, following one made upon Solskjaer’s arrival in December
Manchester United made a goodwill payment of approximately £500,000 to Molde this month after hiring Ole Gunnar Solskjaer as their new permanent manager.
Solskjaer signed a three-year deal worth around £7million-a-year to take over at Old Trafford on a full-time basis on Thursday.
The Norwegian’s contract with former club Molde ended upon him becoming United’s caretaker manager in December, with United paying an initial sum – understood to be around £500k – to employ him temporarily.
The club have now followed that up with a second payment of around £500k as a gesture of their gratitude to Molde and may yet establish a relationship with the Eliteserien side.
Solskjaer only signed his previous contract with Molde on 3 December, weeks before succeeding Jose Mourinho as caretaker of United.
The total £1million payment is significantly lower than the amount of compensation Tottenham Hotspur would have demanded from United in order to appoint Mauricio Pochettino, Solskjaer’s main rival for the role.
Pochettino was the favourite to become United’s next permanent manager following Mourinho’s dismissal, but Solskjaer’s record of 14 wins from his 19 games in charge turned heads among the Old Trafford hierarchy.
Solskjaer’s backroom staff are yet to sign contracts with United but are expected to remain in place under the Norwegian at Old Trafford.
Mike Phelan, Solskjaer’s assistant, remains employed by A-League side Central Coast Mariners as a sporting director despite spending the past three months working in Manchester.
-
Latest4 days agoMakinde declares 2027 presidential bid under PDP–APM alliance
-
Business3 days agoNigeria: Whither the fruits of 2026 crude oil windfall?
-
Comments and Issues4 days agoPolitical Parties Primaries: Consensus or Coronation?
-
Business3 days agoTrump-Xi summit sparks fresh questions for Nigeria’s economy, tech sector
-
Featured4 days agoObasanjo faults Tinubu’s economic reforms, calls them necessary but poorly designed
-
Business5 days agoAnger, debate trail proposed $1.25bn loan amid concerns over Nigeria’s debt surge
-
Comments and Issues4 days agoDoes it matter to Africa if Nigel Farage comes to Number 10?
-
Latest4 days agoWike says Makinde’s presidential ambition dead on arrival

