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;