Why Man United could not announce Michael Carrick exit immediately after Bournemouth defeat

Wait 5 sec.

Michael Carrick is heading towards the Manchester United exit but, as of Monday morning, he remains as head coach.United were deservedly beaten 3-0 by Bournemouth at Old Trafford on Sunday and have not won any of their last eight fixtures across all competitions in what is a woeful run of form.Carrick looks set to leave United as head coach, but the club could not announce a decision on Sunday eveningGettyAs talkSPORT reported later in the evening, dressing room insiders expect Carrick to be sacked, with the two-year deal he signed in the summer believed to have a break clause included.It’s not clear as to when any announcement can be expected by the club, although some may have expected the news late on Sunday.However, there is clear reason as to why United could not announce a decision on Carrick shortly after their latest defeat.Why have United not sacked Carrick?United cannot break the news of a sacking until they have informed the New York Stock Exchange, which is shut at weekends.When Ruben Amorim was dismissed in January, the club made their decision on a Sunday night after his explosive press conference.However, due to the Stock Exchange’s opening times, they did not officially announce it until the following day.There is an early pre-market session that opens at 10:30am UK time, where orders are entered and queued ahead of opening.Core trading then takes place from 1:30pm UK time until 8pm.This is a developing story and is being updated.For the latest updates, breaking news alerts, and comprehensive analysis, refresh this page or follow our real-time news coverage by watching and listening to talkSPORT live.For broader context, explore related coverage on our homepage for the top trending stories. For the latest talkSPORT videos, download the app.talkSPORT cares about getting it right, not just getting it first and because this is a developing situation, details will change. We will be updating this page constantly with verified info, expert takes, and official statements.Stay tuned for further developments as this story continues to break.