Claudio Ranieri: Leicester City manager's contract allows him to buy himself out for a small sum
The Foxes are keen to reopen neogtiation with the 64-year-old Italian and remove the termination clause
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Claudio Ranieri’s Leicester City contract contains a clause which allows him or the club to terminate the deal for a small sum.
Leicester’s owners inserted the clause, the existence of which was revealed by The Times, in order to provide ‘an easy get-out’ in case the former Chelsea and Valencia manager struggled to retain the Foxes’ top flight status.
The clause, however, can also be activated by Ranieri, who could pay a modest amount to relieve himself of his duties at the King Power and move to a bigger club.
The Foxes, now on the verge of the first top-flight title in the club’s 133-year history, are keen to reopen negotiations with the 64-year-old coach and remove the clause.
Ranieri is set to be offered an increase on his £1.5million-per-year, The Times reports, and backroom staff members Steve Walsh and Craig Shakespeare will also be handed improved terms.
Before arriving at the King Power, Ranieri had most recently overseen Greece’s disappointing European Championships qualification campaign and had not managed in the Premier League for 11 years.
The Italian’s reputation has been restored in this country by the unlikely title challenge and, although always highly thought-of on the continent, Ranieri’s name has once again been linked with top European jobs.
Leicester's manager has been mooted as a replacement for Antonio Conte, who announced his decision to step down as Italy coach after this summer’s European Championships in France yesterday.
He is, however, believed to be happy at the Midlands club and concentrating on the remaining eight Premier League matches which will decide the league championship.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments