what i read said its £15m. 
Perhaps you may have come upon this story... Then again, everything
is so blur now... More will be made known soon I guess...
Luiz Felipe Scolari
Tuesday February 10,2009
Luiz Felipe Scolari could collect as much as £15million
in compensation after being sacked as Chelsea coach.
The Barclays Premier League club terminated his
three-year contract, worth an estimated £6million per annum to the
Brazilian, after he had spent just seven months in the Stamford
Bridge hot-seat.
It could take the total spent on getting rid of the last three
managers to around £40million, following the departures of Jose
Mourinho in September, 2007 and Avram Grant last summer.
Grant was fired to make way for Scolari just five months after
putting pen to paper on a new four-year deal.
The club's chief executive, Peter Kenyon, is due to reveal the
club's accounts for the year ended July 2008 at the end of this
week.
They are expected to show a loss with much of it likely to be
explained away by the massive pay-offs to Grant and Mourinho.
Kenyon continues to insist the club will become 'operationally
independent' of owner Roman Abramovich by 2010.
But that plan may now have taken a huge setback because of the
decision to offload Scolari.
Chelsea recorded a loss of £75.8million in the accounts to the end
of June 2007 and although that was significantly better than the
£140million loss recorded two years earlier, their continual
handouts to unwanted managers threatens to undermine their plan to
run a cost-effective ship.
The club's owner is reported to have seen his wealth hit by the
global financial crisis but he steadfastly refuses any notion that
he is looking to sell the club.
