Southampton demand £5million compensation for Ronald Koeman's move to Everton
Southampton are demanding compensation of around £5 million from Everton for the loss of manager Ronald Koeman.
Negotiations began the two clubs have now stretched three days and, while Koeman’s appointment at Everton remains almost certain, Southampton are still trying to maximise their settlement. Koeman had a year left to run on his annual £3.5 million contract and is ready to join Everton but Southampton are well aware of the additional funds at Goodison Park following the arrival of Farhad Moshiri.
Koeman is also expected to want his brother, Erwin, and fitness coach Jan Kluitenberg to join him at Everton as part of his backroom staff.
Southampton had expected to make Koeman the highest-paid manager in their history with a two-year extension deal that would have taken his contract to 2019 but they became aware on Thursday that he wanted to speak with Everton.
They felt that Moshiri would not stop raising the offer to Koeman - or the promise of transfer resources – until he got the answer he wanted and there was no willingness to get involved in a bidding war. The salary being offered to Koeman by Everton is around £7 million with a promise of £100 million to spend in the market.
Koeman has been forced to oversee dramatic change to Southampton’s squad in each of the past two summers and, having led the club to consecutive Premier League finishes of seventh and sixth, has hinted at concern over whether such progress could continue without more financial backing. He is now on holiday, with his appointment ready to be confirmed once the compensation details are finally resolved.
“First, the clubs must have agreed - then we get back into action,” said Koeman’s agent Rob Jansen. “Let’s just quietly wait.”
Bournemouth manager Eddie Howe and Sevilla’s Unai Emery are among the contenders to replace Koeman at Southampton. Executive director Les Reed plans continuously for the potential loss of staff, as well as players, and already had a short-list of candidates.
Negotiations on several player contracts are also ongoing. Fraser Forster, Virgil van Dijk and James Ward-Prowse have signed new deals in recent weeks but there is outside interest in both Sadio Mane and Victor Wanyama, while the future of Graziano Pelle is also uncertain.