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Hammers react to Pellegrini golden handshake report

Reports this morning that Manuel Pellegrini received a £2 million golden handshake from West Ham are wide of the mark.

In fact wider than that because we have been told that is simply not the case at all and that negotiations over his compensation package remain in the hands of lawyers.

Having been sacked after the Leicester City defeat we understand  Pelle – who is believed to have been on a wage of around £8 million –  and the club are still working out the details of his final package and how its paid

Club often carry on paying managers relieved of these duties until they land another manager role but at 66-years-old there is no guarantee the Chilean will find work again.

Whilst Pelle earned £8m per year his backroom team who were also received another £2m a year.

Pellegrini is understood to have taken personal responsibility for his failure in charge of West Ham but whether this translates into accepting a lower financial compensation package in lieu of the remaining 18 months of his contract remains to be seen.

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About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon