Support The Moscow Times!

Russia's Former Football Coach Fabio Capello Given $35 Million to End Contract – Report

Fabio Capello

Trainer Fabio Capello received $35 million in compensation for stepping down as head coach of the Russian football team earlier this month — a much higher sum than he was previously rumored to have received, the LifeNews tabloid reported.

Earlier reports suggested Capello had received about $16.4 million after he agree to part ways with the Russian Football Union (RFU) last Tuesday after three years in charge of the national team.

But that figure has now been placed at 32 million euros ($35 million), possibly including a 10 million euro payoff from a commercial deal signed outside of the RFU structure, LifeNews cited an unidentified senior official as saying Wednesday.

Capello has in turn agreed not to discuss his contract, the reasons for his departure, nor to comment on internal problems at the Russian Football Union with the media, the report said.

The Italian trainer — whose contract was worth 7 million euros ($7.7 million), according to the Novaya Gazeta newspaper — went unpaid for months after the RFU struggled to pay his salary following the collapse of the ruble last year.

The salary dispute was only resolved when Russian billionaire Alisher Usmanov earlier this year loaned 400 million (then $7.41 million) on favorable terms to the RFU before giving the union a further 300 million rubles in June.

It remains unclear who fronted the cash for Capello's compensation package. The RFU's debts currently run to 1.5 billion rubles ($26 million), Sports Minister Vitaly Mutko was quoted as saying by the TASS news agency last week.

Sign up for our free weekly newsletter

Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview
Subscribers agree to the Privacy Policy

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more