Ronald Koeman ‘refusing’ reduced £6m Barcelona payoff as he wants full £10m

Ronald Koeman is refusing to take a reduced payoff from Barcelona as he wants the full £10million he's owed, according to reports in Spain.

The Dutchman's 14 months in charge of the Catalan giants came to an abrupt end after their defeat to Rayo Vallecano following their worst start to a league season in 34 years.

According to the Daily Mail, the former Everton and Southampton boss was in line for a colossal £10million pay-off as a result of the decision to terminate his contract early.

But reports in Spain claim Barca now only want to pay Koeman a fraction of what he is owed.

Catalan television channel TV3 say the fallen La Liga giants want to offer the 58-year-old £6million, a figure he is unwilling to accept.

A journalist from the channel, Lluis Canut, told Radio Catalunya via SPORT: "It's €12m (£10m) but I want to clear up that in this, there's nothing to do with the money paid to the Dutch federation (to sign him), that was €5m (£4.2m) that Barcelona paid straight away.

"I don't know if in these 12 it includes what has to be paid for his technical team or it's just him, taking into account that he delayed 45 per cent of his salary last season because of the pandemic.

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"In the first conversations they had they asked him to take a cut of around seven or 8m (£4m), far from the 12 they have to pay him.

"It's a contract signed by both sides, not by the current board but it's a recognised contract and it's not about letting them off, it has to be paid."

Barcelona's financial issues have been well documented, with the club forced to lose several key players during the summer, including Lionel Messi.

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On the field, club legend Xavi is the strong favourite to replace Koeman at the Camp Nou, but the club are also facing challenges with that too.

The midfield great's current team, Al Sadd, are desperate to keep hold of the 41-year-old, who has enjoyed consistent success in his first two years as a manager in the Middle East.

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