A settlement between David Moyes and Manchester United has been agreed after he was sacked by the club, the League Managers Association said.
A spokesman said: "The League Managers Association and Manchester United are pleased to confirm that terms of settlement have been agreed between the club and David Moyes in respect of the termination of his employment.
"A settlement agreement is in the process of being finalised. No further comment will be made in relation to this issue."
Sacked Manchester United manager David Moyes will 'always be known as Fergie’s failure' after an embarrassing stint, but what went wrong?
David Moyes' reign as Manchester United manager has come to an end, sacked less than one season into the job, who will replace him?