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Regarding Zidane & Real Madrid. It’s funny – Lucky mentioned the point about the Watford boss being sacked just to paper over the faults with the team so that it looked like the board were “taking action”. And the same looks true for Madrid. They only sacked their last manager in March, then somewhat desperately thought that the aura of Zidane would magically lift things, and now it seems they’re back to square one again. Clubs really are just obsessed with the short term aren’t they? If these clubs were businesses in any other area of life, they’d be outrage over the sums of money being thrown around for failure. Money that in large part comes from the fans. Could you imagine the protests if they were bankers? But with football most just shrug their shoulders and laugh at it. Strange…
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According to Sport, It would set back the Spanish giants a whopping £70m just to get rid of the former World Cup winner.
Zidane signed a three-and-a-half year deal back in March that would earn him a net payment of £11.5million each season.
With three years remaining on the contract, the payout would be in the region of £35m, a figure that would come at a gross payment of £70m (€80m) to Real.
I am usually pretty good with maths but can someone please help me out as to why paying of the 35m remaining in his contract equates to 70m bill for sacking him?
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Its a bs figure, just read 70m is the cost of sacking Zidane and replacing with Jose, which is a stupid way of looking at it, as if you wanted to look at it that way then Zidane’s original contract is actually just the cost of sacking the last manager and shouldnt be accounted for twice.
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Lucky, Net pay is what you get in your hand, so from that I’d guess the tax deductions etc run at about 50% so a gross payment of £70m…..Pagan
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Pagan, I read the figure is the cost of sacking Zidane and appointing Jose. In terms of tax deductions etc, surely from Reals point of view his contract is worth £X and they pay £X to terminate it, the deductions come after and £X is the total cost to Real, just maybe not the net received by Zidane which would be £X less tax.
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23 million a year (before taxes!) to manage a bloody football team…
I’m finding it tougher and tougher to keep any respect for this game. It’s getting ridiculous. The salaries, the VAR, the general nonsense that goes with the game…
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Xabi Alonso allegedly the shock name to replace Zidane should he fall?
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Lucky, but with him getting a net payment of £11.5m then the gross payment on that kind of wage going to be approximately double. However the bigger the amount the paper says the more eye catching it is, that’s what sells papers…..Pagan
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I think you are right Pagan looking at other reports that claim he takes home 11.5 after tax then it would make sense
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Nine, I think the only question mark over Alonso would be whether he has the man management skills to survive at Real, from what I have seen of him throughout his career he probably has a very good tactical understanding of the game, he was a very intelligent player.
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Lucky, almost worth getting the sack though…..Pagan
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Almost??
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Just look at Jose and Conte at chelsea – Why stick around when times get tough when instead you can trigger the trigger happy and get your money for doing bugger all?
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Yes Chuckles, almost, getting the sack can be really hard on your self esteem….Pagan
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Lucky, Jose has been in management for 20ish years and has probably been paid for close on 35, great career model….Pagan
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Smartest Manager around, that Maureen… 🙂
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Lol Pagan, thats probably true mate
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” According to Celebrity Net Worth, Mourinho’s overall wealth is estimated at £94million ($100m).
His annual salary when he was with United was reported to be in the region of £18m, which equates to around £346,000 per week.
The 56-year-old also has a remarkable spread of commercial deals that have made him extremely wealthy including Hublot, Jaguar, Heineken, Adidas, Atlantis hotels, Lipton Tea and EA Sports.” Daily Express August 2019.
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Pretty sad and pathetic too when you consider the real world being that there’s humans out there relying on Food Banks. I’m certain to be scheduled in to support in volunteering – puts everything into perspective.
For the record, I don’t have qualms as such on the individuals, but the industry itself. Far too much money, beyond overdrive.
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I would agree with that Nil, incomes from footballers/Managers etc totally out of proportion with the real world. I have never accepted the argument that they have “short lives” so do thousands of other people. The same would apply to the money people like Lineker get as well, totally obscene for a job Mr Average fan could do better for a lot less. Unfortunately we live in a world with the motto GREED as its emblem. There will always be differences in income whatever walks of life it just appears some are totally unjustified and paying young “stars” so much they can drive round in high performance cars is equally sickening to me. Celeb life has overtaken real talent in most cases
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