Brendan Rodgers to miss out on a whopping £10m if he takes Celtic job
Brendan Rodgers may have emerged as the frontrunner for the Celtic manager's job, but it will hit him in the pocket if he takes the reins at Parkhead.
The Ulsterman will take a financial hit as he will have to sacrifice a £10m fortune if he accepts the role.
Former Liverpool boss Rodgers is in line to pocket almost £5million a year over the next two years according to the terms of his severance deal at Anfield.
That gardening leave jackpot will stop paying out when he puts pen to paper on a contract with a new employer.
The Hoops have considered other candidates including former Northern Ireland star Neil Lennon, Republic of Ireland assistant boss Roy Keane and former Manchester United boss David Moyes but Rodgers is firm favourite after positive talks with the Parkhead club's majority shareholder Dermot Desmond.
Desmond says he hopes the club can conclude their search for a new manager within days and he admitted the Carnlough man would be a "great" choice.
The billionaire Irish tycoon said: "We're excited about the managers we've interviewed and discussed and hopefully in the next few days we'll decide on a manager and get into negotiations.
"There is lot of people (being considered). I wouldn't speculate. All the people we have interviewed merit the job."
When pressed if former Anfield boss Rodgers was among those being looked at, he said: "I can't tell a lie. He's a great manager. He's proved it at Liverpool and I think he's a worthy candidate for Celtic - as all the other candidates are."
Departing assistant boss John Collins believes Desmond should focus all his efforts on trying to land Rodgers.
Collins, who is moving on along with Ronny Deila, said: "I think he would be a brilliant choice. I like him a lot. I enjoy watching his teams and I enjoy listening to him, so I think he would be a terrific choice.
"There are lots of others in the mix, but Brendan likes his teams to play with the ball on the ground, to build from the back and through midfield.
"He wants them to be entertaining and dominate the ball, so Celtic should always strive for that type of manager."
And former Celtic captain Paul Lambert thinks Rodgers would be a great choice, saying: "It will be totally different from Liverpool if Brendan got it. You can't go to Celtic and think, well it's an inferior club. It's not.
"Celtic's a huge football club. Even in my own time when Martin O'Neill came in, I said at the time we needed a manager like him because of the demands of the club. It needed a strong personality to take the job on, and Martin was absolutely fantastic."
The Hoops released a statement urging their fans to show patience, saying: "Following some speculation regarding the appointment of a new Celtic manager, the facts are as follows.
"The club has been and will be speaking to a number of candidates and we will take our time to go through this process thoroughly and in the proper manner. There is no 'preferred' candidate.
"We will continue this process with the aim of identifying a new manager who we believe will deliver success to the club.
"Clearly we will not be able to provide daily updates on this issue. However, our supporters will be the first to know when a new manager has been appointed."