Rúben Amorim: Sporting confirm Man United interest in coach
Manchester United's bid to hire Sporting CP coach Rúben Amorim has moved closer with the Portuguese club informing the country's financial regulator that the Premier League team have confirmed their willingness to pay Amorim's €10 million ($10.79m) release clause.
Amorim is due to take charge of Sporting in a Taca da Liga tie against Nacional at Estadio Jose Alvalade on Tuesday night, but it could be the 39-year-old's final game as coach following confirmation of United's move.
Due to their listing on the stock market, Portuguese champions Sporting have an obligation to inform the CMVM -- Portugal's financial regulator -- of any significant impact on the club's business and they have this afternoon released a statement outlining United's offer for Amorim.
The statement to the CMVM said: "Sporting comes, under the terms and for the purpose of fulfilling the information obligation arising from the provisions of Article 17.º of Regulation (EU) No. 596/2014, of the European Parliament and of the Council of April 16, inform the market in the following terms: "1. Manchester United FC expressed interest in hiring coach Rúben Amorim, and the Board of Directors of Sporting SAD referred to the terms and conditions provided for in the employment contract in force between the Company and the coach, specifically for the respective termination clause and for the amount of Euro 10,000,000.00;