Louis van Gaal would lose out on more than £1 million if Manchester United fail to qualify for the Champions League, though he would earn £5m if he’s sacked, according to a report in The Times.
The newspaper states that the Dutchman is on an £8m salary, based on a series of performance-related, loyalty and image rights clauses — but only £3.3m of that is guaranteed basic pay.
It also reports that there will be a £5m payoff — 66 percent of his salary — if he is sacked before his contract runs out after next season, unless he should take another job before then.
United are currently fifth in the Premier League, four points behind fourth-placed Manchester City with a game in hand. They must obtain a top-four finish to return to the Champions League next season.
They are also in the FA Cup final against Crystal Palace on May 21, with Van Gaal in line for a £400,000 bonus should United win, the Times said.
Van Gaal has already missed out on reported £1.5m bonuses for winning either the Champions League or Premier League, or half that if United were runners-up.
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