Swapping Capello For Hodgson Saves FA $3.2M In Operating Costs
The latest FA accounts reveal a £2M ($3.2M) saving "in a period of just six months" from England Manager Roy Hodgson replacing Fabio Capello, according to Charles Sale of the London DAILY MAIL. The operating costs of Club England -- whose "biggest individual expense is the manager’s salary" -- decreased from £8M in '11 to £6M last year after Capello’s departure in February '11. The FA document puts Club England’s total expenditure remaining at £21M ($33.6M), "despite the extra tournament costs of Euro 2012, due to 'savings in the men’s senior team coaching staff.'" Hodgson will be earning around £3.5M ($5.6M) a year compared to "the hugely excessive" £6M ($9.6M) a year paid to Capello. The FA’s overall revenue "dropped slightly" for the '12 financial year -- from £329M to £318M (DAILY MAIL, 9/24). The PA's Martyn Ziegler reported the Olympic football tournament in '12 "also reduced the number of lucrative summer concerts" Wembley stadium could hold. For example, in '11 there were "eight Take That concerts during the summer." The FA may also "face a fight with Wales to host the final and semi-finals of Euro 2020." Wales "has joined England as among seven countries to have declared an interest in bidding to host the climax of the tournament but Horne admitted Turkish city Istanbul is the front-runner" (PA, 9/24).