After just one year in charge of the national soccer team, Klinsmann was fired by the soccer federation, which cited a lack of leadership and guidance. While it’s a dishonorable dismissal, Klinsmann will receive more than $7 billion in penalties from the federation as part of his contract. But this isn’t the first time Klinsmann has been in a less-than-honorable, but financially beneficial situation.
The KFA’s executive board held an emergency meeting this morning after receiving the recommendation from the Power Enhancement Committee to fire the coach.
After a two-hour meeting, Football Association President Chung Mong-kyu made the final decision to dismiss 안전카지노사이트 Klinsmann.
Chung Mong-kyu / President of the Football Association
“In the end, we decided to replace the national team coach. He hasn’t shown the leadership and leadership that we expect from the head coach of the Korean national team.”
Klinsmann took the helm in February of last year with a “win the Asian Cup” banner.
But throughout his tenure, his frequent work-from-home behavior sparked attitude controversy, and his mismanagement of the squad was exposed at the Asian Cup.
The problem is the hefty penalty. The total amount, including the coach’s remaining salary and that of his coaching staff, is reportedly close to 10 billion won, which is more than 5% of the KFA’s annual budget.
Chung Mong-kyu / President of the Korean Football Association
“If there is a financial burden, I will think about what I can contribute as president.”
Klinsmann was previously fired as head coach of the U.S. national team in 2016, collecting more than $8 billion in penalties.
Klinsmann, who hinted at his resignation on social media prior to the federation’s official announcement, said, “Thank you for your support leading up to the Asian Cup semifinals,” adding, “It’s been an incredible journey, 13 games unbeaten in 12 months.”
He then quickly unsubscribed from all K League social media accounts, including the Football Association, leaving fans with a bittersweet feeling.