Revealed: Sam Alladyce nets big payout from the FA after departing as England manager
Published 28/09/2016 | 12:37
Sam Allardyce left his role as England manager after 67 days in the job with a seven-figure pay-out after receiving more than £1m following his resignation.
Allardyce mutually agreed to leave the England set-up after an undercover investigation by The Telegraph captured him negotiating lucrative speaking engagements in the Far East worth £400,000 and advising supposed investors in how to get around Football Association rules on third-party ownership.
However, the Daily Mail has revealed that Allardyce walked away from his £3m-a-year contract with a seven-figure pay-out after negotiating a severance agreement with the Football Association, which the manager confirmed on Wednesday morning contains a confidentiality clause.
“It was an error in judgement and I paid the consequences. Entrapment has won on this occasion and I have to accept that. The agreement was done very amicably with the FA and I apologise to those and all concerned in the unfortunate position I've put myself in.
“I have a confidentiality agreement and I can't answer any more questions. I am going to go and reflect on it. I would like to wish Gareth [Southgate, England caretaker manager] and all of the England lads the best.”
(© Independent News Service)