Three Bosses, One Club: West Ham’s Massive £10.5M Loss
Source: Claret & Hugh
Published 1 month ago
Recently, we learned via The Athletic that West Ham will pay no compensation to Nuno Espírito Santo if they are relegated at the end of the season.
What wasn’t revealed is that the clause is thought to be mutual, allowing the 52-year-old to walk away from his West Ham contract for his own convenience if the Hammers drop down a division. One of the reasons for this mutual clause is that Nuno faces a 50% drop in wages, like his players, meaning his annual wage packet would fall from £4.5m to £2.25m per season.
West Ham is thought to still be paying Julen Lopetegui on the payroll until the end of his two-year contract in June 2026.
He was reported to be earning £3.5m per year and around £7m over the life of his contract.
Lopetegui was appointed head coach of the Qatar national team last May for around £2m per year, meaning West Ham would be obliged to pay him the difference of around £1.5m or £125,000 per month. Clubs often agree to pay former managers monthly on the payroll for the remainder of their contract instead of paying them off in a lump sum.
Graham Potter...
Continue Reading: Three Bosses, One Club: West Ham’s Massive £10.5M Loss
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