Panathinaikos and Rafael Benitez have reached an agreement on the compensation amount the Spanish coach will receive after his termination. The only detail left to be officially announced is the manner in which the payment will be made.
Background on Benitez's Departure
Benitez's tenure with Panathinaikos ended months ago after he was banned from the team following a dispute with the Andalusian club, Betis. The termination had been in the works since before the club's failed bid to acquire Victoria Plzen.
The compensation amount has been a significant sticking point, with various figures being reported. Benitez, aside from his earned wages, is set to receive approximately 6 million euros more, as the majority of his contract's remaining payments were for the subsequent season.
Future Announcements
According to Sportime, the only remaining detail is to finalize the number of installments for the payment. Once this is settled, the official termination of Benitez's contract will be announced. This is also the reason why the club has not yet announced a successor for Benitez, as he must be formally terminated first.
Meanwhile, the Greek football scene continues to be dynamic. AEK has dispelled rumors of interest in Giannulis, while Olympiacos faces the potential departure of Biancon.
This deal finally gives Panathinaikos some closure with Benitez, but what's next for the club? Will they make a big splash in the coaching market or stay low key? I'm excited to see what moves they make!