Eddie Howe fee Man United would have to pay to Newcastle despite him being jobless

Manchester United would owe Newcastle significant compensation, reportedly around £3m, if they appoint Eddie Howe as manager.

Manchester United may have to pay Newcastle United compensation if they want to appoint Eddie Howe as Michael Carrick's successor. Howe departed Newcastle in July after five years, with the club accepting his decision to step down despite his reluctance to lose him. He remains on a multi-year contract that was extended in summer 2024 and was earning approximately £6m per year.

Should Howe move to Old Trafford, United would be required to pay a "significant pay-out" to Newcastle. TalkSPORT claims the fee could be around £3m. The compensation could be even larger given that Newcastle also released backroom staff including Jason Tindall, Stephen Purches and Simon Weatherstone alongside Howe, amid speculation they could reunite at Manchester United.

Howe is reportedly on a two-man shortlist at United alongside former Germany manager Julian Nagelsmann. However, as things stand, Carrick is set to be given time to turn things around, and will manage United's upcoming match against Chelsea.