David Moyes and Manchester United have reached agreement over the terms of his departure from the club, the League Managers Association has confirmed.
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Moyes was sacked on Tuesday following Sunday’s 2-0 Premier League defeat to Everton which meant that it was mathematically impossible for United to qualify for the Champions League next season.
Reports have suggested that Moyes had a clause in his six-year contract that allowed United to only pay him one year’s wages, around 4.5 million pounds, should they fire him for failing to reach the top four.
The full details of the agreement have not yet been disclosed, the LMA said in a statement.
The LMA had earlier criticised United’s handling of Moyes’ departure after news of his sacking broke in various British newspapers the day before it was confirmed.
Richard Bevan, the LMA’s chief executive, said: “The LMA is very disappointed with the nature of David's departure from Manchester United and to read extensive reports in the press, confirming David's sacking, before David himself had been spoken to officially by the club.
“Throughout his time at United, David, as he always does, has conducted himself with integrity and professionalism, values that he believes in and that have been strongly associated with the club and its rich tradition. It is therefore sad to see the end of David's tenure at United being handled in an unprofessional manner.”