United have had a shocker here. The only facts in this case are that (1) United indicated that compensation would never be a barrier to getting their man (2) Tommy Wright was be their first choice (3) John Hughes was their 2nd choice (4) Mixu gets the gig, apparently because they weren't prepared to pay compensation for Hughes (last bit is gossip, rather than fact). He was, at best, 3rd choice. Once you break cover and ask for permission to talk to managers in post, you need to be certain that you're going to get them!
Excellent work by the board - first for putting the compensation clause in the contract and second for standing firm on it. I'm not so certain that we've come out of this unscathed, however. Assuming that JH was keen on the United job, he will need a sweetener by way of a contract extension and perhaps some loosening of the purse strings to help retain players and strengthen the squad. I'm sure these negotiations are underway, but rightly, they should be behind closed doors and an announcement made only once there is an outcome.