Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Manchester United sack manager Erik ten Hag after dismal start to the season

Sign up today for the new CNBC Sport Newsletter

Manchester United sacked Erik ten Hag as the club's first-team manager on Monday following a dismal start to the Premier League season.

"We are grateful to Erik for everything he has done during his time with us and wish him well for the future," Manchester United said in a statement.

The soccer club said former Manchester United striker Ruud van Nistelrooy will take charge of the team as interim head coach, while a permanent replacement for Ten Hag is recruited.

The move brings an end to months of speculation about Ten Hag's future at Manchester United.

The Dutch coach, who won two domestic trophies during his two-and-half-year tenure at the club, was dismissed after the club lost 2-1 to West Ham at the weekend.

The result marked Manchester United's fourth loss in just nine Premier League games and leaves the club 14th in the table, 12 points behind league leaders and arch-rivals Manchester City and seven points above the relegation zone.

Shares of Manchester United, which is listed on the New York Stock Exchange, was last trading around 0.6% higher on Monday. The stock price has fallen more than 21% year-to-date.

The decision to dismiss Ten Hag will be regarded as one of the most significant moves since British petrochemicals billionaire and Ineos Chief Executive Jim Ratcliffe completed a deal to buy a minority stake in Manchester United.

Ratcliffe finalized an agreement in February to purchase a 27.7% stake in the club. The Glazer family, which has owned Manchester United since 2005, retain a majority stake under the terms of the deal.

However, the agreement allowed Ratcliffe's Ineos Group to take control of soccer operations at the club.

Manchester United is recognized as one of

Read more on cnbc.com
DMCA