Euro 2016

Russian FA can't afford to pay former England coach Fabio Capello

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Russia's head coach Fabio Capello reacts during the group H World Cup soccer match between Algeria and Russia at the Arena da Baixada in Curitiba, Brazil, Thursday, June 26, 2014. (AP Photo/Ivan Sekretarev)

Image credit: LaPresse

12/11/2014 at 11:59 | Updated 12/11/2014 at 20:40

Russia's FA does not have enough money to pay national team manager Fabio Capello, according to Sergey Stepashin who is a member of the governing body's executive committee.

"I can say for a fact that the Russian Football Union simply does not have enough money to pay Capello's salary," the news agency Interfax on Wednesday quoted Stepashin as saying.

"It is not something to be proud of when we can't pay Russia's head coach what he is owed.

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"However, when we signed a contract with him, we should have thought about which financial sources would pay his wages. Today we need to find these financial benefactors."

Former England manager Capello has not been paid for the last five months according to Russian media reports.

The experienced Italian, who has also coached Real Madrid, Juventus, AC Milan and AS Roma, took over as Russia maanager in 2012 and steered the country to their first World Cup in 12 years when they qualified for the 2014 finals in Brazil.

However, they had a disappointing campaign, finishing behind Belgium and Algeria with two points from three games and failing to qualify for the knockout stages.

Capello, 68, extended his contract in January to take him through to the 2018 World Cup in Russia.

According to Russian media, Capello's new contract is worth 9 million euros ($11.22 million) per year.

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