Liverpool redundancy bill costs almost £16m over financial year
The sacking of Brendan Rodgers was the biggest single factor in staggering redundancy costs of almost £16m for Liverpool in the last financial year.
The figures are revealed in official financial statements lodged at Companies House yesterday.
Rodgers, 44, was sacked in October 2015 — little more than a year after signing a four-year deal — and replaced by Jurgen Klopp.
It was reported at the time his pay-off would be around £7m but further reported he could be due up to £5m a year more for two years depending on his future work situation. He became Celtic manager at the start of this season.
A note in the accounts says Liverpool spend £15,669,000 on ‘redundancy and associated costs’ in the financial year to the end of May 2016.
As well as Rodgers’ pay-off that sum will include relatively small sums for members of his staff who also left Anfield.
The other eye-catching figure in the accounts is that Liverpool’s total club wage bill rose from £166.1m to £208.3m in the year to May 2016, a rise of 25 per cent in a season.
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