Leicester winning the Premier League will land manager Claudio Ranieri £1.7m bonus due to contract clause
Ranieri is believed to have a clause in his contract that rewards him with £100,000 for every place he finishes above 18th in the Premier League
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Your support makes all the difference.Claudio Ranieri could be in line for a £1.7m end-of-season bonus due to a clause in his contract if Leicester maintain their top-of-the-table form and win the Premier League.
Ranieri has proven all of his pre-season critics wrong after exceeding expectations of a relegation battle with a Premier League title challenge, but even the Leicester owners believed that the Foxes would be fighting it out at the bottom rather than leading the way.
A clause in his contract, reported by the Daily Mail, claims to net Ranieri £100,000 for every place he finishes above 18th, meaning if the Premier League finishes now he would net a £1.7m bonus payment on top of his weekly salary.
Ranieri has stressed that there is still plenty of work to do and is refusing to look beyond the 40-point mark, with Premier League survival still the requirement despite the club moving into title contention.
Leicester still need five more points to reach that tally but having already secured 10 wins this season, the likelihood is that they will be there sooner rather than later. Furthermore, no side leading the Premier League after 16 matches has ever finished outside of the top four, and even a fourth-place finish would land Ranieri a £1.4m pay-day.
Ranieri even joked that he had considered winning the league when he took the job at the King Power Stadium following Nigel Pearson’s dismissal in the summer, and claimed he did not know if the players had a clause in their contracts to reward a Premier League title victory.
“I don't know if there is a clause and I don't tell you,” said Ranieri. “They made a mistake if they didn't arrange it. I considered if I win the league.”
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