The Russian football Federation is in danger of losing Fabio Capello as their manager after it was revealed that they do not have the necessary finances to meet the contractual agreement of the Italian. Capello is one of the highest-paid international coaches in the world with an annual salary of around £ 7 million. It is almost similar to the wages that former coach Guus Hiddink was paid. However, the Dutchman was largely paid because of the funding from billionaires like Roman Abramovich. Such funding has evaporated in recent years and it has resulted in Capello not being paid for the last few months.
The Russian FA have admitted that they should have looked at their finances before hiring a coach like Capello. There have been suggestions that the former Real Madrid manager may be forced to sign a new contract that pays him on a performance related basis. Despite his impeccable reputation as a club manager, Capello has been incredibly disappointing in the international scene. He has only managed a handful of victories with both England and Russia at two major tournaments. Russia suffered a disappointing World Cup 2014 after being knocked out of the group stages, but that does not seem to be any threat to the safety of Capello’s job.
“It’s no good when the financial upkeep of the head coach of the Russian team is not being paid. But they should have thought about the sources to finance the contract when they drew it up. And now we need to search for those sources,” said a member of the Russian Football Union executive board. “I’m confident the issue with paying his salary should be solved on 15 November, the day of our match with the Austrian team. It should be solved by those responsible for signing the contract with Capello,” said Russia’s sports minister.