It would cost Liverpool £16 million to sack Benitez!

[Sluffy]

No wonder he still at Anfield!

Rafa Benitez will have £16million paid immediately into his bank account if Liverpool sack him this summer.

The under-fire Anfield manager has a clause in the five-year contract he signed in March 2009 which dictates that his £4m-a-season deal is paid up in full within 24 hours of him being dismissed.

Benitez and his representatives negotiated the terms when he was in a position of strength at the club, having won the battle for power with former chief executive Rick Parry and gained control of all transfer business.

It helped that the team were also performing well en route to finishing runners-up to Manchester United in the league last season.

Now, however, the clause is one of the reasons Benitez remains in his job after what has been a disastrous seven months for Liverpool.

Their poor league form and early elimination from the Champions League have led to doubts about the Anfield futures of Fernando Torres and Steven Gerrard and put Benitez under enormous pressure.

But Anfield's American owners have not stuck by Benitez out of loyalty and the belief that he can turn things around at the club but because of the expense of getting rid of him.


Read more: http://www.dailymail.co.uk/sport/football/article-1257935/Liverpool-afford-sack-Rafa-Benitez-Firing-trigger-16m-pay-clause.html#ixzz0iFMt9HdJ

[luczka]

Surely they could come to some agreement though to say if he stepped down theyd pay him X amount of money?

[Sluffy]

Why would he want to though?

If they don't want him they have to pay him £16 million within 24 hours!

Would you give up such a deal so someone could sack you?

[the-Bowtun-Warrior]

i've been told that dependant on him not taking a job for a certain period of time post being sacked (if he was sacked) then that figure would rise to over £20m 

[Diana Prince]

I read about this ridiculous figure a while ago & this is the real reason why he's not been sacked. Football's on it's arse & it's this money plus some of the astonomical wages players are getting which is bringing it to it's knees.
Yes, of course I'd take a pay rise before anyone says, but so much so as to risk ruining the trade I'm in, I'm not sure.

[267]

I wonder if Jurgen Klinsmann's currently waiting for a fax? lol

[Squidgy]

This is the real reason why he's not been sacked. Football's on it's arse & it's this money plus some of the astonomical wages players are getting which is bringing it to it's knees. 

Pretty much bang on what I was going to post.

Saved me the time.

Cheers

[Big_Sharps]

Is there no way of getting around it like putting him on gardening leave and putting a new guy in.

[Sluffy]

I think that would be considered to be 'constructive dismissal' - in which case he would get his money anyway.

If the story is true, it just goes to show how stupid someone was to agree to such a clause.  The employer simply cannot afford to sack Rafa - and Rafa could piss about for the next 4 years knowing that he will get the £16 million one way (serve out the contract) or another (get sacked).

There is no benefit to Liverpool other than tie themselves to Rafa until the end of his contract - but lets be honest he has not really been a good Premiership manager - so why on earth agree to the clause?

[Chris Rabz]

It makes me wonder though just how bad Liverpool would have to get for them to take the financial plunge and cut their losses. I mean say they finish out of all European places this year (which could happen). I don't think I've ever known more than one season where Liverpool haven't been in Europe, so then say they start next season poorly and are in the bottom half around October-November. Do they then stick with Rafa purely to avoid the compensation?

[bigsamsarmyusa]

I would imagine that sacking him and paying him off would be cheaper than the financial loss of not having the Champion's League money.

[Big_Sharps]

Liverpool fans are blinkered morons anyway , if they want to back a clueless manager let them. I hope the self pitying wankers miss out on champions league.

LFC = Sitting Down at Football

[The Ghost of Burnden]

I would imagine that sacking him and paying him off would be cheaper than the financial loss of not having the Champion's League money.

Here is how the money is bropken down (for last season, anyway!)

UEFA awards €3 million to each team that qualifies for the UEFA Champions League, plus €2.4 million for participating in the Group stage. A win in the campaign is worth €600,000 and a draw is worth €300,000.

In addition, UEFA pays each quarter finalist €2.5 million, €3 million for each semi-finalist, €4 million for the runners-up and €7 million for the winners


Therefore, realistically, Champions League isnt wort near anything what people expect it to be :-(

[Chris Rabz]

It seemed to be worth quite a bit to Leeds United when they didn't get in it a decade ago...

[Diana Prince]

Chris failed to mention merchandising or ticket sales in his analysis.

[The Ghost of Burnden]

or about the club having to fork out for the trips abroad as well as accomodation for each trip - rent of training grounds, paying the backroom staff, extra payments to the players etc etc etc - the UEFA dont pay for that, the club has to!!!

[Big_Sharps]

Clubs train on the oppositions pitch in european away games.

Champions League dosnt actually generate much money at all and all this time clubs have been spending money to get into it at there own stupidity, that makes perfect sense.

Tell that to leeds united you moron

[The Ghost of Burnden]

Clubs train on the oppositions pitch in european away games.

Champions League dosnt actually generate much money at all and all this time clubs have been spending money to get into it at there own stupidity, that makes perfect sense.

Tell that to leeds united you moron

And where have been Jose's team been training for the past couple of days?  MORON yourself!  Who do you think pays for the rent of the training ground, the training staff and the staff of the ground, Moron?

Yes clubs do spend big to get into it as it is a  prestigous cup, but they get little in return after expenses, moron!

[Diana Prince]

Trust me, Chris, they make a fcuking emormous pile of money from being in the Champions league. I think you're flogging a dead horse if you're implying teams don't.

[Tom]

If they sack Rafa, it will cost them more that £16m anyway. If they sacked him, they'd lose a fair few members of staff that would walk too, and they'll need paying off/replacing etc.

It'd be worth more like £25m in the end.


EDIT: @ Whoever said it wasn't a big money maker, if you get in the CL and qualify for the group stages, you get £6m in Prize money/ revenue for those 6 games you will play, as well as ticket revenue/merchandise at the games themselves. And then it's about £1-2m per game in the Knockout Rounds, Quarter finals etc.

It's a HUGE money maker.

[Sluffy]

Here is how the money is bropken down (for last season, anyway!)

UEFA awards €3 million to each team that qualifies for the UEFA Champions League, plus €2.4 million for participating in the Group stage. A win in the campaign is worth €600,000 and a draw is worth €300,000.

In addition, UEFA pays each quarter finalist €2.5 million, €3 million for each semi-finalist, €4 million for the runners-up and €7 million for the winners


Therefore, realistically, Champions League isnt wort near anything what people expect it to be :-(

Chris,

You should have read the full wiki paragraph before you cut and pasted it goes on to read as follows –

A large part of the distributed revenue from the UEFA Champions League is linked to the "market pool", the distribution of which is determined by the value of the television market in each country. For the 2008-09 season, both Manchester United and Bayern Munich, who reached the final and quarter-final respectively, earned more than Barcelona, who won the tournament.

This article from last year – talking about this years Champions League share out explains it a little bit more clearly –

Around half of the total money distributed to Champions League clubs – approximately €300m this season and as much as €400m next year – is awarded on the basis of results. The other half is dependent on the national share of the broadcast market.
 
Last season England's 'big four' shared 21 per cent of the television market pool, just over €58m. Were that ratio repeated next season, and their success in three of four clubs reaching the semi-finals be repeated, they could split as much as €100m.

http://www.telegraph.co.uk/sport/football/european/championsleague/5389210/European-clubs-face-uneven-prize-money-playing-field.html

So basically you have only quoted something like 40% of the revenue figure that the English teams will get this year.

[Diana Prince]

Well why didn't you say you looked it up on Wiki, Chris and then we'd have known you were taking the piss! 

[Big_Sharps]

Well why didn't you say you looked it up on Wiki, Chris and then we'd have known you were taking the piss! 

Because he is an irritating wanker

[The Ghost of Burnden]

bec

Well why didn't you say you looked it up on Wiki, Chris and then we'd have known you were taking the piss! 

because I didn't take it from wiki!   

I actually took it (and translated it) from Sp!ts paper of last August!

I have said before I do not trust wikipedia at all and will never cut and paste from there

[The Ghost of Burnden]

Because he is an irritating wanker

Isn't it about time you grew up and acted your age - for Christs sake you are a father!!!!!