Rangers news: Compensation to sack Philippe Clement revealed
Philippe Clement has not yet been sacked by the Rangers board despite the humiliating defeat against Queen’s Park in the Scottish Cup.
Despite a defeat at Ibrox to a second-tier side as well as a 13-point deficit to rivals Celtic on the table, the board have shown patience with the Belgian.
Questions have been asked to Patrick Stewart about whether or not Clement is staying put due to financial reasons, but he admits that is not the case and that he’s seen as part of the solution and not the problem.
Rangers will have to shell out seven figures to sack Philippe Clement
The manager will be in charge for the Hearts game on 16 February and he has revealed that he’s held conversations with Stewart, but nothing out of the ordinary.
Speaking on PLZ Soccer on 14 February at 3:33pm, Scottish presenter Peter Martin said: “£1.2million is what’s believed it would take (to sack him) is what’s keeping him in a job.”
Gers may need to pay around £1.2million in compensation if they do decide the 50-year-old’s time at the club has come to an end.
Thus far, they have shown faith in the Belgian and are expecting him to turn things around sooner rather than later.
However, there has been very little proof that he will be able to bring the glory days back to Ibrox.
Europa League progress can pay for the compensation to sack Philippe Clement
In the broader financial landscape, the £1.2 million required to sack Clement might seem minor.
Gers’ annual revenue, which includes income from domestic leagues, European competitions and commercial deals, means this figure is not all that much.
For perspective, a single match win in the Europa League group stage was worth around £379,201 and advancing stages can provide millions more, up to £10.95million.
If a new manager can propel the club further in the Europa League, not only could the compensation cost be quickly recuperated, but it might also lead to a significant financial upturn.
A fresh managerial perspective could revitalise the team’s performance, potentially turning around a season that’s been marked by disappointing domestic results.
The psychological boost for the players and fans from a new leadership could be invaluable, potentially enhancing team morale and performance.
Moreover, success in Europe could increase the club’s profile, aiding in future sponsorship deals, player transfers and even securing better seeding in subsequent competitions.