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After fevered speculation, Jose Mourinho is set to replace Louis van Gaal at Manchester United .

The former Chelsea boss Mourinho has secured a package at Old Trafford will put him on a par with old foe Pep Guardiola , who will join rivals Manchester City this summer.

Personal terms are understood to have been agreed in principle with Mourinho.

So what lured the Special One to Old Trafford?

A three-year contract

Mourinho has landed a three-year deal which would see him arrive at Old Trafford in the summer.

A cool £15m a year

The 53-year-old will pocket £15 million a season.

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OPINION: What Mourinho's Man United team could look like

Bringing in Atletico's sporting director

Mourinho is also keen to bring in highly-rated Atletico Madrid sporting director Andrea Berta.

Italian Berta is understood to be a close friend of Mourinho’s agent, Jorge Mendes.

His arrival at Old Trafford would see the job of signing players moved from executive vice-chairman Ed Woodward to him.

United have so far claimed they will not be looking to appoint a director of football, but Mourinho is keen to have the freedom to overhaul the squad and has already spelled out his potential summer targets to the club.

It would relieve Woodward of responsibility for securing the signatures of transfer targets, freeing him up to concentrate on the commercial side of United's operations.

(Image: Michael Regan/Getty)

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Woodward faces a grilling from investors on Thursday, when the club will announce their latest financial results.

United’s performances on and off the pitch have plummeted alarmingly over the last three months and shareholders will want answers.

They are bidding to become the first club to turn over £500million in one financial year, but Van Gaal has already missed out on one of their targets by failing to reach the Champions League quarter-finals.

United did not even reach the last 16, as they were dumped out after the group stage .

(Image: Action Images via Reuters)

They are also in grave danger of missing their second goal — a top-three finish that would guarantee Champions League football next season.

United are currently in fifth place, but are six points behind fourth-placed Manchester City with 13 matches to go.

Woodward could be quizzed by investors on the managerial situation, and also faces questions about United’s finances when they announce the quarterly figures.

A fifth of the club’s value - £571million - has been wiped out since November as the share price has tumbled to its lowest position since October 2012.

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