Everton still paying most of Koeman's salary

Wednesday, 28 March, 2018 0comments  |  Jump to last

Everton are involved in another contract wrangle with an ex-manager with the Liverpool Echo reporting that the club are paying the bulk of Ronald Koeman's salary as head coach of the Netherlands.

Sacked by the Blues last October, Koeman recently took the managerial reins of the Dutch national team but is earning just a fraction of the £6m per year he was paid at Goodison Park.

According to the Echo, Everton negotiated a settlement with Koeman whereby they agreed to pay the difference between what he was earning on Merseyside and any new post he assumed.

With the 54-year-old making around 10% with the Netherlands national team, that equates to almost £5.5m a year until June 2019.

Everton are said to be angered following the revelation of Koeman's current terms and are seeking legal advice. He is picking up similar compensation to the national managers of Northern Ireland, Switzerland and Iceland but half as much as the managed of Austria.

A similar contract row came out of the dismissal of Roberto Martinez two years ago; the Catalan was paid more than £10m in severance after an independent hearing reduced the sum owed from £12m. Martinez was eventually hired as manager of Belgium whom he will oversee at this summer's World Cup in Russia.