AIFF Reaches Hefty Compensation Agreement with Former Coach Igor Stimac
Igor Stimac and the All India Football Federation (AIFF) have settled on a USD 400,000 compensation following his termination a year before his contract's expiration. Despite previous offers from AIFF, Stimac, who threatened legal action, reached the agreement, highlighting the federation's financial struggles.
- Country:
- India
Igor Stimac and the All India Football Federation (AIFF) have finalized a compensation deal amounting to USD 400,000 after tax, following Stimac's termination as head coach of the Indian men's national team.
The AIFF terminated Stimac's contract in June, one year prior to its scheduled expiration, after the team's disappointing exit from the second round of FIFA World Cup qualifiers. This termination sparked a heated exchange, with Stimac threatening legal action unless his dues were settled within 10 days.
A trusted source revealed to PTI that AIFF has approved the payment, a decision weighed heavily on a federation struggling with financial constraints. Initially opposed to AIFF's lesser compensation offers, Stimac sought USD 920,000 from FIFA before agreeing to the current settlement.
(With inputs from agencies.)