Manchester United announced on Tuesday that manager Jose Mourinho has left the club with immediate effect.

“The club would like to thank Mourinho for his work during his time at Manchester United and to wish him success in the future,” said Manchester United.

“A new caretaker manager will be appointed until the end of the current season, while the club conducts a thorough recruitment process for a new, full-time manager.”

On November 15, Manchester United announced financial results for the 2019 fiscal first quarter ended September 30, 2018, showing its revenue fell 6.1% to £135 million and profit (net income) fell 31.3% to £6.6 million.

Net debt fell 7.8% to 247.2 million.