Terms drawn up last summer mean the Foxes could slip down to 12TH and would be in store for the same pay-out as if they were crowned champions.
Claudio Ranieri’s men were expected to be scrapping it out in the relegation zone this term and so a MAXIMUM pot of £6.5million to be split between the squad was promised, according to The Daily Mail.
Leciester’s stars can take comfort at least in knowing they have smashed expectations and are in store for the top payment in May.
King Power chairman Vichai Srivaddhanaprabha would have had no cause to include a title jackpot for his club, which avoided the drop by six points last time out.
A dazzling run of seven wins in nine games lifted rock-bottom Leicester to 14th place at the close of the season.
Football leaks revealed this week how Manchester United chiefs allotted £2.5m to their squad for winning the title in 2009-10 and neighbours City reportedly won a £6.2m pot for their debut triumph in 2012.
Now it is illegal for Leicester’s Thai owners to bump up the incentive even if they wanted to. Premier League rules state clubs cannot change their agreed bonus structures during a season.
Cardiff owner Vincent Tan had promised his soon-to-be relegated Bluebirds £3.7m to share if they avoided the drop in March 2014, but withdrew the offer once he was told he would be breaching Prem terms.
A bonus of £3.5m is in place for the squad if they finish 17th, and that number increases by £1m-per-place up to the top bracket of £6.5m for 12th.
Each time a player is named in the team’s 18-man squad it counts towards the end-of-season reward. For the top sum available — which they are surely on course to hit — that works out at £9,500-per-game.
Jamie Vardy, Kasper Schmeichel and Wes Morgan have started all 25 games so far this term, and anyone included in the 18-man squad for every game of the season will receive £360k as a lump sum.
And Mark Schwarzer, who is yet to play for the Foxes, is in store for the same bonus as he has been named in every matchday squad.
Players will also take home £3k for every game won this season, which already works out at 15.
The initial bonus of £1k-per-win was tripled after the club’s brilliant campaign start.
In December, Ranieri revealed the club’s owners had seriously considered the prospect of being relegated this campaign.
He said: “I didn’t believe when I signed my contract that we would be top of the league.
“But two things were very, very fantastic for me: One, to hear from my owner that he wants to maintain Leicester in the Premier League in the next two years, then grow and try to achieve the top places.
“The other is when the owners asked me, ‘If everything goes wrong, you’ll stay with us in the Championship?’ I said, ‘Yes, I will stay here’.”
credit: thesun