Newcastle’s players will share bonuses of £1million if they win the club’s first trophy in 48 years in the Carabao Cup final against Manchester United on Sunday.
The squad’s bonus pool is 10 times the amount Newcastle will receive from the EFL in prize money for winning the trophy, but the club’s owners are happy to reward the players for what would be a historic achievement.
The bonuses will be split amongst Eddie Howe’s players using a complex formula involving both matches and minutes played in this season’s competition.
The manager will also receive a bonus stipulated in his contract if he succeeds in leading Newcastle to their first domestic trophy since winning the FA Cup in 1955.