Ranieri to get huge bonus if Leicester win

  • 29/04/2016
Claudio Ranieri (AAP file)
Claudio Ranieri (AAP file)

Leicester City manager Claudio Ranieri will earn a £5 million ($NZD10.4 million) bonus if his team win the Premier League title, the Times has reported.

The Italian also has a separate clause in his contract that guarantees him £100,000 ($NZD 209,084) for every place that his team finish above 18th, which will see him earn an extra £1.7 million ($NZD3.49 million) pounds if the Foxes come first.

When Ranieri took charge of Leicester in the close season, the club's owners wrote a number of clauses into his contract to make a parting of ways easier if he failed.

Ranieri asked for clauses of his own, granting him incentives if the club qualified for the Europa League, the Champions League or won the Premier League.

He currently earns about £1.5 million ($3.13 million) a year, according to the report, and is in discussions with the club over a new contract.

Leicester need three points from their last three games to win their first top-flight title and will be crowned champions if they beat Manchester United at Old Trafford on Sunday or if second-placed Tottenham Hotspur lose to Chelsea on Monday night.

Reuters.