Manchester United just won its first FA Cup in three years, and with its worth set at $3.3 billion, the club is ranked as the third most valuable team in the world by Forbes. Notwithstanding, manager Louis Van Gaal is not going to get a share in any future glories the team may attain.
The extra-time comeback win over Crystal Palace in Wembley on Saturday won the FA Cup for Man Utd., but the club has failed to qualify for the next season of the Premier League, finishing at a miserable fifth place. As many expected, the failure has been laid at the door of manager Louis Van Gaal, costing him his job.
Van Gaal’s contract with the club was valid for another year, but the termination was announced ‘with immediate effect’.
The Dutchman took over as manager of Manchester United in the beginning of the 2014-2015 season. He had just led Netherlands to a third place finish at the FIFA World Cup in Brazil, so expectations about his leadership skills were already high.
In the first season under him, Manchester United gained fourth position and qualified for the Premier League, but things went downhill after that, with disappointing performances this season leading to demands for his ouster.
A decision about who’s going to succeed Van Gaal is still pending, but rumors are rife that it’ll be former Chelsea manager, Jose Mourinho.
Mourinho’s track record of getting a major title in his first season as manager at every club he has served, has led to high hopes for Manchester United, with him in charge.