La Volpe to Costa Rica

Reports in Mexico are saying that former Mexico coach Ricardo La Volpe is about to accept an offer to become Costa Rica's next national team coach.  (Reports in Costa Rica say that negotiations are ongoing.)  Discussions have been going on the last couple of days and it is possible that La Volpe will be introduced formally on Thursday.

La Volpe's compensation is one of the more fascinating bits of this story.  He and his assistant are to be paid a total base salary of $600,000 ($40,000/month for La Volpe and $10,000/month for the assistant).  That is a huge amount of coin for the Costa Rican federation, and approaches Bob Bradley's salary with the US Soccer Federation. According to Medio Tiempo, La Volpe's salary is being financed by the Central Bank and at least two private companies to be determined later.  It's not clear from reading the article whether the Central Bank is giving the Federation a loan or a grant, but at any rate, the Costa Rican national team coach's salary is being paid for by the Costa Rican taxpayer.  (UPDATE: Or perhaps not. See comments below.)  Some additional clauses include a guaranteed three-month severance package if La Volpe is fired before the start of the World Cup qualifiers, and a $1 million bonus if he qualifies Costa Rica for the World Cup finals.

Costa Rica's national team is experiencing the loss of certain national team veterans, especially in defense, but they do have a promising corps of young players, especially from that U-20 team that finished fourth at the U-20 World Cup last year.  It could be a straight fight between Costa Rica, Honduras, and perhaps El Salvador in the next qualification cycle.

(UPDATE: As pointed out by the commenter, Banco Nacional is this bank.  So it's a private bank.  I apologize for the error.)

Comments

[Josefina de la O]

LOL, the Central Bank is not going to pay any salary to any football coach, that´s illegal, this is Costa Rica, not USA, where the people pay taxes to support big private companies. 1/3 of the salary is going to be paid by advertising incomes. One of the sponsors is the Banco Nacional de Costa Rica (National Bank) but is not the Central Bank, is a regular bank.

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