Sam Allardyce Net Worth, Salary: England Manager Dragged Into Corruption Controversy
England football team manager Sam Allardyce reportedly used his role to negotiate a £400,000 deal and offer advice on how to get around rules on player transfers. The allegations against the 61-year-old are now being investigated by the Football Association (FA).Advertisement
Sam Allardyce, however, got trapped in a sting operation during his meeting with the businessmen. The latter were actually undercover reporters, the Telegraph UK reports.
It has been alleged that the England boss told the businessmen from Far East in July that it was not a problem to bypass the rules; allegedly, he knew of agents who were doing it all the time.
“Third-party ownership, in which investment companies take a stake in the economic rights of players, was described as a form of ‘slavery’ by Michel Platini, the former president of European football’s governing body Uefa,” BBC reports. Meanwhile, FIFA also banned the practice in May 2015.
After the controversy erupted, the FA said it will meet on Tuesday morning. The new chairman of the association Greg Clarke and chief executive Martin Glenn will decide about the issue at hand.
However, people are now interested to know as to how Allardyce is earning all this time, since it was exposed that he is getting around the FA Rules.
The England manager’s salary this year is £2 million ($2.59 million). TCNW reports that his net worth is £10 million .
According to a July 2015, Sunderland owner Ellis Short was furious with FA for poaching his manager. He demanded a compensation of £3 million from the FA, the Telegraph UK reports.
Sam has a contract with England. There is also an option for him to get his contract further extended for another two years if he ensures the team qualifies for the World Cup and proceeds into the tournament.
Previously in 2015, Short roped in Big Sam for a huge pay packet. The manager’s work was to ensure that the team remained in the Premier League, Chronicle Live reported in October 2015.
Besides, Sam was also given a huge bonus and a salary, which according to some reports was as much as £2 million. He is one of the finest and top managers in Premier League. In his football career spanning from 1973 to 1980, Sam played 184 games and scored 21 goals.