Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Ronaldo departs Manchester United by mutual agreement

Published 11/22/2022, 01:16 PM
Updated 11/22/2022, 01:17 PM
© Reuters Ronaldo departs Manchester United (MANU) by mutual agreement

By Sam Boughedda

Manchester United Ltd (NYSE:MANU) announced Tuesday that Cristiano Ronaldo will leave the club by mutual agreement, with immediate effect.

The announcement marks an end to the Manchester United legend's turbulent second spell at the club, which came to a head after his controversial interview with Piers Morgan.

"The club thanks him for his immense contribution across two spells at Old Trafford, scoring 145 goals in 346 appearances, and wishes him and his family well for the future," Manchester United said in its brief statement.

In the interview, Ronaldo criticized the club for its lack of progress and development in infrastructure off the pitch since he last left, while he also stated that he does not respect manager Erik ten Hag "because he doesn't show respect for me."

Ronaldo also told Morgan that he feels betrayed, explaining that "some people don't want me here not only this year but last year too."

The interview, which was released shortly before the start of the World Cup in Qatar, divided opinion, with some stating that Ronaldo, considered one of the world's greatest-ever players, was right to criticize the club, while others believe it was wrong, with some suggesting it may have been a move to force a way out of the club.

Speculation in the summer suggested Ronaldo, who is currently at the World Cup with Portugal, wanted to leave, but at the time, Machester United's new manager, ten Hag, said he wanted to keep the forward.

"Everyone at Manchester United remains focused on continuing the team’s progress under Erik ten Hag and working together to deliver success on the pitch," the club added in its statement.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.