According to the Sun, Erik ten Hag will receive a lucrative £12 million contract from Manchester United which will run until 2028.
The deal won’t be affected by the ambiguity surrounding the club’s ownership, and the Netherlands manager will also receive a wage increase of £3 million per year.
Ten Hag, who switched from Ajax to United in April of last year, is prepared to sign the five-year deal. At the time, the 53-year-old signed a three-year contract with a one-year extension option.
United was compelled to give Ten Hag a short-term deal after having to fork over hefty payoffs for recent managers. Since then, he has excelled and exceeded expectations throughout his first season in command.
In February, the Red Devils won their first trophy since 2017 after defeating Newcastle United to win the Carabao Cup. After 26 games, United is third in the Premier League and is predicted to place in the top four.
They have advanced to the quarterfinals of the Europa League and are currently in the FA Cup semifinals. They are widely anticipated to mount a formidable title challenge the following term, and Ten Hag deserves a new contract.
In the summer, he plans to add more top-notch players to his squad. By then, the Glazers might have left the team, but he might have already signed the contract.
Thomas Zilliacus, Sheikh Jassim Bin Hamad Al Thani, and Sir Jim Ratcliffe are all eager to complete a full takeover. There are worries at the club that the new ownership may jeopardise the following stage of his rebuild.
It is unclear whether Ten Hag will succeed in getting new players before the preseason tour of the United States in July.