Tottenham: Is Jose Mourinho the right fit for club?
When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time.
It’s been a busy start to the week for Tottenham Hotspur. First, it was announced late on Sunday that the club intends to join the controversial super league. Then, as if to put their PR team through its paces, Spurs announced that they had sacked their manager, José Mourinho. Daniel Levy isn’t the first chairman to hand Mourinho his P45 though.
And such is the nature of football management that sackings are usually followed by a sizable payout to the manager and their staff.
Mourinho has had four of his contracts terminated early since he first joined Chelsea – Chelsea in 2007, Real Madrid in 2013, Chelsea again in 2015, and Manchester United in 2018.
The cost of those early terminations is listed in the accounts of each of the English clubs in question.
They come to a combined total of £50.97m:
Chelsea (first time): £23.07m
Chelsea (second time): £8.30m Manchester United: £19.60m
Mourinho is unlikely to have pocketed all that money though.
What the accounts don’t tell us is how much of those sums went to José Mourinho, how much went to other coaches who left at the same time, and how much went to lawyers.
The amount Mourinho’s departure cost Real Madrid doesn’t appear to be mentioned in their publicly available accounts.
If the Spanish giants paid him in full though, then it would have cost them £33.60m.
Mourinho was sacked less than 12 months after signing a four-year contract extension at the Bernabéu, meaning it had another three years to run.
He was on a reported £11.20m-a-year at Madrid, which means he would have trousered £33.60m if the remainder of the contract was paid in full.
However, Chelsea’s accounts show that the amount paid out doesn’t always reflect how much of the contract was left to run.
Mourinho’s second spell at Chelsea ended just four months after signing a new four-year deal, which would have kept him at the club until 2019.
That deal was worth a reported £13.00m-a-year.
If it was paid in full it would have set Chelsea back a whopping £52.00m.
The club’s accounts show that it cost them just £8.30m.
His first stint at Chelsea was also cut short with three years of his contract remaining.
That deal was worth a reported £5.00m-a-year, which works out at £15.00m.
That dismissal cost the west London club £23.07m according to the accounts.
Manchester United gave Mourinho a two-year contract extension in January 2018 before sacking him in December that year.
That deal was worth a reported £12.00m-a-year which works out at a £24.00m pay-off, which is just above the £19.60m it cost the club according to their accounts.
Chelsea (first time): Three years left at £5.00m-a-year – £15.00m
Real Madrid: Three years left at £11.20m-a-year – £33.60m
Chelsea (second time): Four years left at £13.00m-a-year – £52.00m Manchester United: Two years left at £12.00m-a-year – £24.00m
Full bulletin: https://docs.google.com/open?
Source: Read Full Article