Brendan Rodgers could give up £10m in compensation to take on Celtic job

Brendan Rodgers could give up £10m in compensation to take on Celtic job

CELTIC target Brendan Rodgers may have to miss out on a £10million windfall if he is appointed as the club’s new manager.

The Antrim native is due £5m per year over the next two years from his old club Liverpool as part of his severance package having been sacked last October, but the terms state that Rodgers is only entitled to his compensation so long as he is out of work.

Taking on the Celtic job would earn him significantly less money over the course of the next two years, although the club are willing to make him the highest paid manager in their history, according to the Daily Record.

Rodgers – who is thought to be keen to return to work sooner rather than later – remains the bookmakers’ odds-on favourite to become Celtic’s next manager now that Ronny Deila has left the club.

He is one of around six candidates in the frame for the coveted role, but on Wednesday Celtic were forced to deny that the former Liverpool boss was their ‘preferred’ choice, following several reports suggesting as such.

Following some speculation regarding the appointment of a new Celtic manager, the facts are as follows:

The club has been and will be speaking to a number of candidates and we will take our time to go through this process thoroughly and in the proper manner. There is no 'preferred' candidate.

We will continue this process with the aim of identifying a new manager who we believe will deliver success to the club.

Clearly we will not be able to provide daily updates on this issue. However, our supporters will be the first to know when a new manager has been appointed.

Rodgers faces competition from former Celtic players Neil Lennon, David Moyes, Malky Mackay, Roy Keane and Paul Lambert, while Steve Clarke and Northern Ireland manager Michael O’Neill still have an outside chance, according to the latest odds.

Read Richard Purden's piece on why Rodgers is the right man for the Bhoys.