Philippe Clement compensation figure disputed as Rangers pay £7m to sack last three managers
Patrick Stewart always insisted that it wasn’t for financial reasons that Rangers were backing Philippe Clement.
Rangers CEO Stewart extinguished rumours that the Ibrox side were hanging on to Belgian manager Clement because of fears surrounding a pay-out following the Scottish Cup exit to Queen’s Park.
But whilst Patrick Stewart was staunch in his support of Philippe Clement back then, such claims were once again put to the test after defeat to St Mirren.
The Ibrox axe has swung for a third time in as many years and Rangers are once again shelling out to pay off a management team who’ve come up short.
But just how much has it cost the club to sack Philippe Clement from his role as Rangers manager?
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Photo by Ian MacNicol/Getty Images
Photo by Ian MacNicol/Getty Images
How much did Rangers pay to sack Philippe Clement?
Reports have suggested that Rangers paid somewhere in the region of £1.2m to sack Philippe Clement.
These claims originated in the Scottish Sun and come after Clement had only just signed a four-year contract on the eve of the new Premiership season.
That figure has been disputed by some sources, with the Daily Record claiming that Rangers have had to stump up ‘more’ than the £1.2m figure to give Clement his jotters.
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Whilst claiming that Rangers have agreed terms with a US consortium on a takeover at Ibrox, the Athletic described Clement’s pay-off as a ‘weighty compensation package’.
The outlet also claims 49ers Enterprises gave Rangers their ‘blessing’ to sack Philippe Clement despite the financial costs involved.
For the time being it remains unclear precisely how much Rangers have paid to offload the ex-Club Brugge and AS Monaco manager.
It’s worth noting that it’s not just Philippe Clement who was let go by Rangers with assistants Alex Rae and Stephan Van Der Heyden also being sacked.
Long-serving goalkeeping coach Colin Stewart has also been relieved of his duties and all three assistants will be due pay-offs.
Rangers managerial payouts cost club £7m
Rangers have shelled out substantially for management pay-offs in recent seasons with both Giovanni van Bronckhorst and Michael Beale having their contracts ended prematurely.
The Rangers Review cite figures claiming Rangers paid Giovanni van Bronckhorst £2m to be sacked in October 2022, only 11 months after he was appointed.
It’s claimed a further £1m was also spent to sack the Dutchman’s high-profile coaching staff.
According to the Daily Mail, Rangers would then go on to activate a £1.5m clause in Michael Beale’s QPR contract to bring the ex-Ibrox assistant back to Glasgow as manager in 2022.
Rangers then had to hand Beale another £1.3m when they sacked the Englishman 10 months later.
Including the £1.2m figure Rangers reportedly spent sacking Philippe Clement, that’s somewhere in the region of £7m spent hiring and firing managers in the last three years.
That figure is softened somewhat by the fact Rangers recouped around £4.25m from Steven Gerrard’s November 2021 exit to Aston Villa (p.41, Rangers Annual Report 2022).
With Barry Ferguson and a dream team of Rangers legends set to take interim charge at Ibrox until the end of the season, Rangers will take their time to get the right man in next.
On and off the park, they can ill-afford another season of failure.
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