Solskjaer, Rangnick received £24.7million payout from Man Utd
After leaving the team last year, Ole Gunnar Solskjaer and Ralf Rangnick received $24. 7 million in compensation from Manchester United.
The information was made public as the Premier League club on Thursday disclosed a net loss of £115.5 million for the previous fiscal year.
In comparison to £419.5 million for the same period last year, United's net debt now totals £514.9 million.
United announced in March that it had spent £10 million on "exceptional items" during the second quarter of the fiscal year. That sum included Solskjaer's and other departing members of his coaching staff's compensation.
After signing a contract extension at Old Trafford just a few months earlier, Solskjaer is rumored to have received £7.5 million as a payoff.
After Solskjaer left, Michael Carrick was named as interim manager before Rangnick took over.
Rangnick, however, left at the end of the campaign after his two-year consulting position was eliminated and a new coach was named to lead the Austrian national team. He departed the club alongside his coaching appointments, including assistant Chris Armas.
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