Leicester City’s decision to keep Ruud van Nistelrooy in charge for now, despite their relegation from the Premier League, has finally been explained.
The Dutchman oversaw a disastrous run of results having replaced Steve Cooper last November, meaning the Foxes will play in the Championship next season.
Last month, Mailsport the former Manchester United striker will depart after less than a year in charge of the club.
However, weeks after Leicester’s final game of the season, van Nistelrooy’s exit has still not officially been confirmed.
According to The Sun, the 48-year-old is still in the job because the club is waiting to enter its next financial accounting period — a move that would reduce the cost of terminating his contract.
Speaking last month, Van Nistelrooy was hopeful of resolving his future at the club as soon as possible.
Leicester City’s decision to keep Ruud van Nistelrooy in charge for now has been revealed

The 48-year-old is still in the job because the club is waiting to enter its next financial accounting period

The Foxes suffered 17 defeats in 19 matches under the Dutchman as they suffered relegation
He said: ‘(I am) still hoping to find out. The quicker the better, in the best interest of the club. We’re all hoping to find out soon.
‘There’s 70 people working at the training ground who want to evaluate the season (and start) looking forward to the next.’
Van Nistelrooy’s disastrous spell in charge saw Leicester suffer 17 defeats in 19 matches. The Foxes endured a nightmare run of form at home, going nine consecutive Premier League games without scoring a single goal — and losing every one of them.
Their relegation from the top flight was officially confirmed on April 20, capping off a calamitous campaign under the former striker.
With less than seven weeks remaining until the start of the new Championship season, Sean Dyche is said to be among candidates to replace Van Nistelrooy at the King Power.
The 53-year-old has been out of working since being sacked as Everton manager in January following a poor run iof results.