Jose Mourinho was sacked by Tottenham less than three weeks ago but has already found a new job.
Everyone knew that he would eventually be keen to return to management, but few predicted it would happen so quickly, with Roma naming him as their new manager for the 2021/22 season.
Mourinho will replace fellow Portuguese native Paulo Fonseca as the head coach at the Italian giants when the current season ends after he signed a three-year deal at the club that runs until the summer of 2024.
football.london reported earlier this week that his quick move will benefit Tottenham financially, as it is understood that the club were set to pay his wages until he found a new role, potentially for up to 18 months, but it is clear that Roma are also already benefitting from their high-profile appointment.
Since the news was announced, the share price of the Serie A giants, who are owned by American businessman Dan Friedkin, has risen more than 30% on the Milan stock exchange.
A new study, by retail broker Eurotrader, looked at the main factors that influence the share price of football clubs. They’ve concluded that amongst things like short-term-form, long-term success and star player signings, manager merry-go-rounds can impact share stocks.
Although their research suggests that manager ins and outs don’t usually produce any obvious patterns in terms of increasing or decreasing share price, when you acquire a name like Mourinho, you can expect that number to increase - and increase it has.
Mourinho will begin his new role ahead of the 2021-22 campaign in a bid to get Roma back up the table after what has been a disappointing season from their standards.
