Manchester United will have to pay £1.7million to release manager target Erik ten Hag from his Ajax contract, according to a report.
The Red Devils’ pursuit of a new boss to replace Ralf Rangnick has shifted gear in recent weeks. While Paris Saint-Germain’s Mauricio Pochettino remains a contender, talk over Ten Hag taking over has ramped up.
The 52-year-old Dutchman held his first interview with Old Trafford chiefs last week.
While both sides reportedly raised concerns over agreeing a deal, Ten Hag has not denied the interest.
He has insisted that he remains fully-focused on Ajax’s season. The Amsterdam giants are looking to secure a third Eredivisie title under his stewardship following their Champions League last-16 defeat to Benfica.
Still, his contract runs out at the end of next term and it remains unclear if he will renew.
According to the Manchester Evening News, Man Utd will have to pay £1.7million to prise him out before he becomes a free agent.
United reportedly did not expect to have to pay too hefty a release clause for Ten Hag amid his contractual situation.
Erik ten Hag and Manchester United hold talks about manager position
Ajax manager Erik ten Hag has met with Manchester United and had positive talks about becoming the new Man United manager
And their initial prediction has come true, as they hope to get a new manager sorted in the next few weeks.
The release clause for Pochettino at PSG is significantly higher. Reports from The Times in May last year quoted a £10million figure.
The Argentine former Tottenham boss extended his contract last summer and his deal also runs out in 2023.
Ten Hag spoke out on the Man Utd links on Friday. He admitted that anyone with ambition would want to take the “next step” into one of Europe’s top five leagues but that Ajax have his full focus until the end of the season.
Ten Hag and his European rise
Ten Hag built up his name and expertise when coaching Bayern Munich’s second team.
He moved to Ajax in 2017 and hit the heights when reaching the Champions League semi-finals in 2019.
Should he move to Old Trafford, he would face a tough few months with the club at a crossroads.
As well as the new manager situation, there is clamour to get the club back to the top of English football.