Monthly Archives: January 2015

Russian Football assures Fabio for Outstanding Payment

The Russian Football Union has confirmed that it will go to great lengths in order to ensure that coach Fabio Capello receives his outstanding pay in the next few weeks. The Italian is one of the best paid coaches in international football with an annual salary of just over $ 10 million.

Russia have been paying extravagant sums for their coaches due to funding from rich benefactors like Chelsea owner Roman Abramovich. However, this funding has dried up in recent years and Russia have been unable to meet their contractual requirements. The situation has been worsened even further by the collapse of oil prices.

Russia depends heavily on oil in order to meet its budget. The RFU’s president Nikolai Tolstykh has confirmed that he has held talks with Russian Sports Minister Vitaly Mutko in order to overcome the problem. Continue reading