GFA agrees on a $100K sign on fee and $30K monthly salary with Coach Milovan Rajevac.
The Ghana Football Association (GFA) has agreed to pay $100, 000 sign – on fee and and a $ 30, 000 monthly salary with Coach Milovan Rajevac.
Milovan Rajevac who have been appointed the new coach of the senior national team of Ghana – black stars will receive this bountiful amount in three months time after officially accepting the offer.
The Serbian coach will be replacing CK Akonnor who was relieved off his duties by the Ghana Football Association.
He will earn twice the winning bonus of players per match based on the agreement. Sources say, it has been the practice and the FA intend to continue same.
It is unclear how much will be paid as qualification bonuses if he wins AFCON 2022 in Cameroon or qualifies for the 2022 World Cup in Qatar, but he could be paid same amount that was given to Kwasi Appiah when he qualified the national team to the 2014 World Cup in Brazil.
Appiah received $300,000 package, and sources say, Milovan could receive same.
If he wins next AFCON in Cameroon, too, he will be paid $300,000, as a bonus for the success.
We cannot state categorically if these financial agreements have been approved by the Ministry of Youth and Sports, though sources say, the Ministry have received a copy of the contract agreed by the two parties.
Milovan Rajevac is making a return to coach Black Stars having led the country to the quarter-final of the 2010 World Cup in South Africa.
Before that, Ghana reached the final of the maiden edition of CHAN in 2009 and the final of AFCON 2010 in Angola, losing 1-0 to Egypt under his tutelage.
He left his role on September 8, 2010, after receiving an offer from Al Ahli in Saudi Arabia that guaranteed him $2 million per year
He is making return to the country after almost 11 years.
He is expected to work alongside Otto Addo as his first assistant. But it is unclear who will be his second assistant as Legon Cities head coach Maxwell Konadu and head of football at Right to Dream Academy, Masud Didi Dramani are all considered for the role as reported earlier by Joy Sports.
Milovan’s first assignment is a double world cup qualifier against Zimbabwe.