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 was thought to be on £5m per year at West Ham. He signed a two-and-a-half-year contract in January last year, which won’t expire until June 2027.
He is also believed to remain on the monthly payroll despite taking a job as Sweden’s national head coach on a small salary of around £500,000 per year.
The last national coach, Janne Andersson, earned 4,420,300 SEK in 2022, which is equilent £327,000 per year or £6,288 per week.
Again, West Ham is legally obliged to make up the difference until the end of his contract in 2027.
It means that West Ham is likely to have three managers currently on the payroll, costing the club around £10.5m per season or £875,000 each month.
Is anyone surprised ? The clueless Sullivan couldn’t run a pub team.
He refuses to buy a manager out of contract, so gets the dead wood that’s available and then has to sack them cos they’re useless !!
Well done Einstein………
Still, for the Championship might might as well get good old Harry back, should save a few bob ?
‘Reasons to be cheerful Pt.3’….?
Unbelievable really.
When failure (in the case of Loppy and Potter) is so handsomely rewarded.
Throw in the seemingly amateur way the board administer the club, loosing these huge sums of money.
Plus taking more loss than profit in player sales.
Signing over-the-hill players and sick notes on unfathomable wages.
And then they penny pinch with concessions etc
Goes some way to answering the question, “where is all the money the club should have saved by renting the LS for pittance?”.
Buy quality once. Go cheap thrice.
The staggering losses from employing the wrong coaches and incoherent manner of buying and selling players has led Westham to the edge of oblivion .