Manchester United will reveal a £50 million black hole from David Moyes' 12 months in charge today.
The Daily Star says chief executive Ed Woodward will hold a conference call with the club's investors at lunchtime to discuss the financial picture at Old Trafford following the publication of accounts for the year ending June 30, 2014.
United are expected to show revenue of between £420m and £430m, but Moyes' failure to secure Champions League qualification will cost the club at least £35m in prize money.
United's shocking slump from Premier League champions in 2013 to seventh place last season also saw the club lose almost £8.5m in prize money.
Moyes was paid a year's salary of £3.5m in compensation after being sacked ,which means he also cost United £7m in wages for less than one season at the helm.
To make matters worse there were also lucrative pay-offs for Moyes' coaches Steve Round, Chris Woods, Phil Neville and Jimmy Lumsden.
But senior sources at United insist the club can withstand such an expensive mistake and will also be able to cope without a season of Champions League football.
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