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Rafa Benitez stockpiles cash

3 years ago

Rafa Benitez may have had a pretty disastrous time on the pitch in the past year but ironically, it looks to be his most productive one ever, off it.

Benitez got the dream job of managing Real Madrid last season but after only six months he was sacked, as less than perfect results and rubbing up the likes of untouchable stars such as Ronaldo the wrong way, left him in a vulnerable position.

Then with Newcastle already with one foot in the Championship, Rafa Benitez agreed a move to Tyneside for the final 10 matches of the season. A further three year contract was agreed but only if both side agreed to continue in the event of relegation.

Over in Italy, specialist football finance website CalcioFinanza have been analysing what this past season has meant for Rafa Benitez’ personal finances.

The figures are staggering, though in this day and age in football, we shouldn’t be surprised.

CalcioFinanza report that Rafa Benitez has earned:

6.5m euros – Wages at Real Madrid for 6 months until he was sacked in January 2016.

2.5m euros – Wages at Newcastle as he attempted to prevent relegation to the Championship.

4.0m euros – Severance package agreed with Real Madrid after getting the bullet.

0.7m euros – Bonus received due to Real Madrid winning the Champions League on Saturday.

That adds up to a tidy 13.7m euros, which at today’s exchange rate equals £10.55m.

Any money Rafa Benitez receives from Newcastle United of course will be seen as one of the best investments ever, as fans have every faith in him as he tries to repair the damage wrought by paying the likes of Pardew, Carver and McClaren to mismanage the club.

The likes of Souness and Allardyce will be gutted, as the money they fleeced out of Newcastle in pay-offs after their dismal failure, now looks a relative pittance.

CalcioFinanza expect Rafa Benitez to earn around 5m euros (£3.9m) a season in his three year contract at Newcastle, a bit of a come down financially for the United Manager after this past year but a lot more rewarding hopefully on the pitch.


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