Steve Cooper sacking: Finance expert suggests Leicester ‘termination’ fee

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Steve Cooper sacking: Finance expert suggests Leicester ‘termination’ fee
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Leicester City are likely to have agreed a fixed compensation fee with former manager Steve Cooper when he joined the club over the summer.it will have turned out to be an “expensive” deal for the club following Cooper’s recent departure.

Ruud van Nistelrooy has since been appointed as the new Leicester manager after signing a deal until June 2027.Borson insisted the club won’t be paying Cooper until the end of his contract after a compensation fee had likely already been agreed.“Liquidated damages is what it’s sometimes drafted as, which is effectively ‘This is the compensation that would be paid, we are not going to pay you until the end of your contract’.“They have a fixed amount that they will pay in the event of termination.

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