Skip to content
Sunday 26 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,736.23
+0.91%
DAX
25,099.00
+1.36%
CAC 40
8,372.28
+0.88%
STOXX 50
6,280.94
+1.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 02 June 2010 8:46 pm

Benitez poised to quit Anfield with pay-off

By: KCS-content

Add as a preferred source on Google

Liverpool show Spaniard the door – and a cheque for £3m – as Inter Milan prepare to firm up their interest

RAFAEL BENITEZ’S six-year reign as Liverpool manager looked to be at an end last night after the club offered him a £3m pay-off to walk away.

Benitez would be entitled to around £16m if the Reds sacked him, but with other clubs ready to snap him up he is thought to be ready to cash in and leave Merseyside.

Benitez, 50, endured a woeful campaign last season, finishing seventh in the Premier League and suffering early exits from the Champions League and FA Cup.

The Spaniard’s agent Manuel Garcia Quinlon said: “We don’t know anything more than what’s being said. We’re not saying anything.”

Fulham’s Roy Hodgson, Turkey’s Guus Hiddink and Aston Villa’s Martin O’Neill were last night among the bookmakers’ favourites to replace Benitez at Anfield.

Inter Milan looks Benitez’s most likely destination, after Jose Mourinho left for Real Madrid and Fabio Capello reaffirmed his commitment to England.

Liverpool’s owners Tom Hicks and George Gillett are keen to sell the club, and are likely to find it easier with Benitez and his huge contract gone. And they will be aware that if he prolongs negotiations over his severance deal, he risks being left behind in the running for the Inter job.

The manager is thought to have been made the offer by telephone yesterday, as he is on holiday in Sardinia. Coach Sammy Lee is expected to take temporary charge of team matters.

Benitez earned himself hero status among the club’s fans when he led the Reds to a dramatic Champions League triumph in 2005. He also won the FA Cup in 2006 and steered them to second in the top flight in 2008-09. But his future has looked increasingly uncertain in recent months, with failures on the pitch being compounded by tensions off it.

He is thought to have asked for a substantial transfer kitty in order to rebuild his side over the summer, only to be told by chairman Martin Broughton that only around £5m would be available.

The club’s slide out of the top four and into the Europa League places has also increased doubts over the futures of star duo Steven Gerrard and Fernando Torres. Gerrard is expected to join Mourinho at Real, while Torres has refused to discuss his future until after the World Cup.

Benitez suspended winger Albert Riera after he said the club was “a sinking ship”, while there have been suggestions of deeper dressing-room unrest.

FAVOURITES | TO REPLACE RAFA
MARTIN O’NEILL
Aston Villa, 58
Cerebral and passionate Northern Irishman has revitalised Villa after returning to England following trophy-laden spell with Celtic

GUUS HIDDINK
Turkey, 63
Hugely experienced Dutchman showed flair for Premier League in brief stint at Chelsea, but would have to quit a job he has barely begun and would not come cheap

ROY HODGSON
Fulham, 62
Much-travelled Londoner is enjoying huge success at Fulham and has hinted he would be open to another crack at the big time

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport

Related Topics

  • NULL

Trending Articles

  • Wise denied US banking licence in blow to expansion plans

  • Housebuilder hits a wall: How did Vistry become the UK’s most shorted stock?

  • BT braces for loss of 800,000 customers as it banks on fibre to keep turnaround ‘on track’

  • As it happened: Stocks jump as oil drops below $100; Trump in tariff blitz

  • Sky and ITV mount defence of £1.6bn merger as regulators probe deal

More from City PM

  • Liverpool upheaval as key figure leaves after multi-club expansion fails

    Sport Business
    Stunning cityscape at dusk with skyscrapers illuminated, showcasing urban development and modern architecture.
  • QPR owner Bhatia Liverpool investment could value club at $6bn

    Sport Business
    Liverpool FC crest on a red brick wall, illuminated by sunlight with tree shadows.
  • England 2am World Cup victory smashes records for BBC on iPlayer and website

    Sport Business
    GettyImages 2284822180 showing a significant event or scene related to current general news on a professional business web...
  • Manchester was Burnham’s rehearsal – now get ready to pay the bill

    Opinion
    Manchester skyline with iconic landmarks during a Belfast speech event, highlighting urban landscape and architectural bea...
  • Over 1,000 World Cup final tickets unsold as resale site demands $2.3m

    Sport Business
    Breaking news concept with abstract digital globe and binary code on a blue background, symbolizing global data connectivity
  • Foxtons shares tumble as estate agent takes £3m knock from Renters’ Rights Act

    Property
    Foxtons is London's largest lettings agency brand
  • Why Raducanu may have harmed Fery’s post-Wimbledon commercial earnings

    Sport Business
    Breaking news event with large crowd gathered at outdoor venue, people holding banners, and speaker addressing audience
  • Why do six Premier League clubs still not have front of shirt sponsors?

    Sport Business
    Without the article title or content, its challenging to provide specific alt text. Please provide more context or details...
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook