It can’t afford to sack manager ’cause it will then owe him £16m. Liverpool are thought to be £245m in debt and adding another 6% to this total is not a joke.
“The Liverpool hierarchy intend to review Benítez’s position at the end of this campaign, one that has brought an early exit from the Champions League, FA Cup, Carling Cup and no Premier League title challenge, but cannot afford the maximum £16m he could claim if sacked. Hicks and Gillett would not face such a crippling bill should their manager walk away, although they hope to improve the club’s finances with new investment in the coming months.”
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