Reid has a points-for-pay incentive |
Leeds United caretaker manager Peter Reid will be paid by the point as he attempts to keep the club in the Premiership. Performance-related contracts were hinted at by chairman Peter Ridsdale and plc deputy chairman Allan Leighton during the club's annual general meeting in late November.
And Ridsdale has revealed Reid's pay will be related to his success between now and the end of the season in seven games' time.
Reid, who will pick up an estimated �500,000 bonus for ensuring Leeds stay in the top flight, will be hoping for his first proper pay packet following the club's visit to Charlton on 5 April.
It is even more vital for both Reid and Leeds, who moved to within four points of the relegation zone following Bolton's 1-0 Reebok Stadium victory over Tottenham on Monday.
Ridsdale stated: "We hired Peter because first of all we believed it was right to make a change now because this football club was not performing on the field in the Premiership, where we need to be.
I sincerely hope we're paying him a lot of money, but that will be down to success and nothing else  Leeds chairman Peter Ridsdale |
"Also, his track record is fantastic in terms of short-term impact when he joins a club, and we need points - and Peter is being paid on how many points he gets.
"Now that would appear to be highly motivational, and if we get the points then I don't believe anybody at Leeds will begrudge us paying him for them.
"And if we don't, then we don't have to pay him. I sincerely hope we're paying him a lot of money, but that will be down to success and nothing else."
Knocking on the door
There are no guarantees from Ridsdale that Reid will remain in charge beyond 11 May, even if Leeds stay in the top flight as he added: "I said to him last week it's eight games. Full stop.
"We will then take a view in the summer of who is right, given where we are and which division we are in - which I sincerely hope and believe is the Premiership - and we will see what candidates are available.
"Surely that is the best, measured way of deciding the best manager for the future.
"If he wins his games then I'm sure he will be knocking on my door in the summer. But I've given no commitments, no promises.
"What we will do, hopefully if we get enough points to stay in the Premiership, is to appoint somebody on a permanent basis for the long-term good of the football club this summer."