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Reading: Mourinho Received £8.3m Pay-off from Chelsea
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Sport

Mourinho Received £8.3m Pay-off from Chelsea

Farouk Mohammed
By Farouk Mohammed
Published: January 14, 2017
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Chelsea has paid Jose Mourinho and his backroom staff £8.3million, after he was sacked as manager in December 2015.

Jose Mourinho

This was revealed in the club’s full accounts for the 2015/2016 season.

Despite a record turnover of £329.1m and a £49m profit on player trading, the Stamford Bridge outfit posted a £70.6m loss.

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The reason for this, is that the club paid kit supplier Adidas £67m in compensation for cancelling a 10-year deal six years early, so they could sign a bigger deal with Nike.

Chelsea also finished 10th in the Premier League and had no cup success, which means they did not earn any prize monies.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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