soapythecat
Full Member
I'm basing it off what I've read about his contract. Let's hope you're right and i'm wrong - would be much more palpable at £5m. We need to factor in his backroom staff who will be on similar length contracts too I guess. Obviously, a lot cheaper to pay off though.ETH is apparently on about £9m a year with only one year left on his contract, and we normally have clauses in the managers contract where they are cheaper to sack if they fail to get CL. So it'd probably cost about £5m. Maybe add another million or so for the rest of his coaching team. So not that much.
Meanwhile, if we fail to finish in the top 4 or 5 next season it'll cost us far, far more than that. Our biggest sponsor (and likely many of our sponsors) have clauses in the contract where the amount they pay us drops dramatically if we fail to make the CL two years in a row. Combine that with the loss of prizemoney and television money, and failing to qualify for the CL again would cost us at least £40m (and I wouldn't be surprised if it was over £50m).
So even if it does cost us a bit to sack ETH and bring in the right replacement, it would easily be worth it financially if it's the difference between making the CL or not.
Even if it was £15m, I'd be tempted to get rid now and put in an interim as I don't see it being any worse and we could scrape a european finish.