How much exactly Marti Cifuentes is paying QPR to seal Leicester City switch revealed | OneFootball

QPR are set to receive a windfall from Marti Cifuentes' move to Leicester City, with their former head coach paying some of the money himself.

Ex-Queens Park Rangers head coach Marti Cifuentes is set to make a return to management with newly-relegated Championship side Leicester City, and he will reportedly contribute half of the compensation figure that is due to his former club.

Prior to his departure this summer, Cifuentes had been in charge of QPR since October 2023, and he successfully kept the club in the Championship for two consecutive seasons, leading them to 18th and 15th-placed finishes respectively.

It was a relatively underwhelming season for the R's last term, but their campaign ended in dramatic fashion when Cifuentes was placed on gardening leave ahead of the final game after his representatives held talks with West Bromwich Albion over their vacant managerial position.

As it turned out, Cifuentes was not on the Baggies' shortlist of candidates, but there was no way back for him at QPR, and his exit was officially confirmed last month, with ex-Rennes and Strasbourg manager Julien Stephan replacing him at Loftus Road.

It looked as though Cifuentes would be without a club going into the new season, but he is now believed to be close to taking over at Leicester, and Sky Sports reporter Rob Dorsett has revealed that the Foxes have agreed a compensation fee of £500,000 with the Hoops, with half of that figure being paid by the Spaniard.

QPR set for cash windfall as Marti Cifuentes closes in on Leicester City move

Leicester have been on the hunt for a new manager since parting company with Ruud van Nistelrooy last month following their relegation from the Premier League, with the Dutchman departing after winning just five of his 27 games in charge.

The likes of Sean Dyche, Danny Rohl, Chris Wilder and Gary O'Neil have all been linked with the Foxes, but it seems that Cifuentes is set to take charge at the King Power Stadium, and now that a compensation figure has been agreed, the only obstacle to his appointment being confirmed is his visa, which could not be processed over the weekend.

Despite Leicester's well-documented financial issues and the prospect of a points deduction after the club were charged by the Premier League for breaching profit and sustainability rules, Cifuentes is still keen to join the club, and it was reported last week that the 43-year-old is prepared to take a pay cut, as well as contributing to the compensation fee owed to QPR.

Cifuentes is said to be willing to pay half of the £500,000 fee due to his former club, meaning he may need to fork out as much as £250,000, and he will be hoping that can accelerate his move to the East Midlands.

First-team coach Andy King has overseen the early stages of Leicester's pre-season campaign, which has included victories over League One side Peterborough United and Belgian outfit Oud-Heverlee Leuven, but the club are aiming to wrap up Cifuentes' appointment before the squad jet off for their training camp in Austria on Wednesday.

Leicester City supporters will surely love Marti Cifuentes, QPR actions

Cifuentes' reputation took a little bit of a hit during QPR's below-par campaign last season, and he came in for criticism due to the acrimonious nature of his exit from Loftus Road, with some accusing him of being disrespectful for eyeing a move away from the club while still under contract.

With that in mind, it would have been understandable if some Leicester supporters had reservations about the imminent appointment of Cifuentes, but his willingness to contribute £250,000 out of his own pocket towards the compensation fee due to his former employers is an impressive display of commitment.