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AIFF to pay $ 400,000 to former football coach Igor Stimac as compensation

Business Standard LogoBusiness Standard7h ago

AIFF to pay $ 400,000 to former football coach Igor Stimac as compensation - Business Standard

Quick Summary:

Igor Stimac and the All India Football Federation (AIFF) have reached an agreement with the former men's national team head coach set to receive USD 400,000 (approximately Rs 3.36 crore) after tax as compensation for being terminated from the job.

The AIFF sacked Stimac in June, terminating his contract exactly a year before it was to expire in the wake of the side's ouster from the second round of FIFA World Cup Qualifiers despite getting a relatively easy draw.

The sacking was followed by a bitter war of words between Stimac and the AIFF with the Croat threatening to sue the federation if it didn't settle his dues within 10 days.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-08 @ 20:42:53 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 379 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22411273

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 193 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

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Publisher ID: #49

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  • URL: https://beamstart.com/news/aiff-to-pay-400000-to-17258094417781

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