The Friedkin Group initially backed Sean Dyche when they completed their Everton takeover in December.
However, at the beginning of the year, after a run of torrid results, Dyche informed Everton’s new owners that he had taken the club as far as he could.
So, the decision was made to dismiss him, with former boss David Moyes rejoining the club for a second spell.
Indeed, with Dyche’s contract not due to end until the summer, the Friedkin’s had to pay out the remainder of his deal.
Now, it’s just come to light that he’s also entitled to a substantial bonus if Moyes’s side achieve this one thing.
The Friedkin’s deferred Sean Dyche’s payment
According to The Times, Sean Dyche is due a substantial payout once Everton mathematically secure Premier League safety.
Dyche, who was sacked at the beginning of January, will be owed hundreds of thousands of pounds if Moyes’ men finish 17th or higher.
That’s because the Friedkin’s managed to defer a portion of his exit payout to that one condition – which was a very smart play by Everton’s owners.
It protects the club in the event they do suffer relegation, so it’s clear to see the American investors are very financially savvy.
Decision to sack Sean Dyche has already been vindicated
Initially, there were some pundits suggesting that the decision to sack Dyche was a rash one, however, the Friedkin’s have already been vindicated.
Moyes has come in and won four of his first six league games in charge, lifting the club 13 points clear of the relegation zone.
The Toffees are now in next to no danger of going down and the future certainly looks bright ahead of the stadium move to Bramley-Moore Dock.
