ManU will disclose the "full cost to the club" of former Manager David Moyes's 11-month reign on Wednesday, "with annual accounts expected to highlight" a £50M ($80.6M) pricetag on "the Scot's turbulent campaign at the helm," according to Mark Ogden of the London TELEGRAPH. ManU Exec Vice-Chair Ed Woodward will "hold a conference call with the club's investors at 1pm on Wednesday to discuss the financial picture at Old Trafford following the publication of accounts" for the year ending June 30. While ManU is expected to post a "robust balance sheet, with the club anticipated to meet their target of annual revenues" between £420M ($677M)-£430M ($693M), the "failure of Moyes to secure Champions League qualification will cost the club" at least £35M ($56M) in prize money this season. ManU's "surprise drop" from champions in '12-13 to "seventh-placed also-rans under Moyes saw the club suffer a reduction" of £8.4M in Premier League prize money last season. With Moyes being paid £3.5M ($5.6M) in compensation -- "his basic annual salary at Old Trafford -- the former Everton manager's spell in charge at United ultimately cost the club" £7M ($11.3M) (TELEGRAPH, 9/8).
