Sacking Brendan Rodgers set to cost Liverpool £10m
— Liverpool FC (@LFC) May 26, 2014
Liverpool will have to foot a £10m bill after sacking manager Brendan Rodgers, according to the Telegraph.
Rodgers is set for a big pay-off having only signed a new contract at Anfield last year.
The 42-year-old had almost three years left to run on the £5m-a-year (including bonuses) deal he signed at that stage.
Today’s report claims that Fenway Sports Group, Liverpool’s owners, did not include any provision for terminating the contract early when they offered it to Rodgers in May 2014, shortly after the club had narrowly missed out on a first Premier League title.
On that basis, Rodgers would be free to claim the full amount he would have been paid over the remainder of his contract in compensation for his sacking.
Liverpool will reportedly try to negotiate that figure down, but Rodgers is still set for a pay-off of at least £7m.
The same report says Rodgers is happy to wait for the right compensation package and is in no rush to make an immediate return to management.