Drazen Muzinic 1,444 Posted November 13, 2018 ...the rich keep on getting richer. https://www.bbc.co.uk/sport/football/46197761 1 Share this post Link to post Share on other sites
CirclePoint 200 Posted November 13, 2018 I would recommend that you take a moment and take stock of yourself regarding this comment. Is there resentment or jealousy involved? The man was involved in taking a £670MM industry and growing it into a £5.14BB industry. I would call that an amazing success. A success that Norwich City FC has benefited from to a certain degree. Would you not expect a similar 'bonus' for doing such a fantastic job? One could argue that the 'bonus' should even be more! There is absolutely nothing wrong with each of the PL teams saying thank you with giving him £250k. Heck, they've maid hand-over-fist multiple-millions off of his efforts. Further, the PL owners AGREED to give it to him, so they can clearly see the benefit he has brought them over the last 20 years. Maybe you could consider the perspective that the man did a good job and is being rewarded for it? 1 Share this post Link to post Share on other sites
JF 694 Posted November 13, 2018 Got to say from a business point of view he deserves it Share this post Link to post Share on other sites
Haggerdoo 6 Posted November 13, 2018 What - as if £2.5 million a year salary isn't enough of a reward! - imagine what £5 million could do for grass roots football - constant premier league greed from clubs, agents and players is killing the game 1 Share this post Link to post Share on other sites
nutty nigel 7,509 Posted November 13, 2018 Will there be a Just Giving page or something similar do we can give thanks and praise too? Share this post Link to post Share on other sites
splendidrush 699 Posted November 13, 2018 Ultimately they've all got their noses in the trough. Players, Managers, Agents Owners and Shareholders can't wait until it all goes t×ts up.I wouldn't mind if some of the money was filtering down but there's little evidence of that. Share this post Link to post Share on other sites
Bill 1,788 Posted November 13, 2018 a trough that the gormless are happy to fill Share this post Link to post Share on other sites
GenerationA47 747 Posted November 13, 2018 1 hour ago, CirclePoint said: Is there resentment or jealousy involved? The man was involved in taking a £670MM industry and growing it into a £5.14BB industry. I would call that an amazing success. If it were a golden hello, I’d get your hard economics vs emotion/morality argument . It’s not, it’s reported to be a discretionary good-bye present. There’s no extra success this gift will buy. It sounds like a gratuity in the worst possible sense. Share this post Link to post Share on other sites
Midlands Yellow 3,924 Posted November 13, 2018 We need to be in the Premiere league but anyone who justifies this needs help. Share this post Link to post Share on other sites
......and Smith must score. 1,332 Posted November 13, 2018 To the likes of most of us this does look ridiculous but for someone on a £2.5m annual salary it's not really disproportionate. Scudamore has been there for 19 years and helped grow the Premier League income into billions rather than millions. All private money too. Compare that to some of the housebuilding fat cats who under the government Help to Buy scheme have been in line for bonuses of as much as £100m partly funded by taxpayers cash. Both cases leave a nasty taste but in the Premier League case the genie will never be put back in the bottle as it's become a financial monster. We certainly won't say no to £100m + if we get promoted again. Share this post Link to post Share on other sites
lake district canary 4,531 Posted November 13, 2018 A £5m bonus is nothing compared to the £75m bonus given to the head of Persimmon Builders, but it is a case of the rich get richer and whether Scudamore has done a good job or not, he - nor the Persimmon chap for that matter - do not need the extra money and it could have been better spent in some kind of charitable gesture, maybe in his name. It frankly stinks that people with the money don't see why it looks bad to give such huge bonuses and gifts when there is so much poverty around and lack of resources in the lower reaches of the game. Bully for him, he gets £5m, but morally it is wrong imo - it is just a case of the rich patting the backside of another rich person. No wonder people lose respect for those with money when they throw it around so easily and without thinking of the wider picture. 1 Share this post Link to post Share on other sites
Midlands Yellow 3,924 Posted November 13, 2018 Maybe next time your postman or woman retires we should all be asked for a tenner to top the pension up . Share this post Link to post Share on other sites
Rock The Boat 1,324 Posted November 13, 2018 17 minutes ago, lake district canary said: A £5m bonus is nothing compared to the £75m bonus given to the head of Persimmon Builders, but it is a case of the rich get richer and whether Scudamore has done a good job or not, he - nor the Persimmon chap for that matter - do not need the extra money and it could have been better spent in some kind of charitable gesture, maybe in his name. It frankly stinks that people with the money don't see why it looks bad to give such huge bonuses and gifts when there is so much poverty around and lack of resources in the lower reaches of the game. Bully for him, he gets £5m, but morally it is wrong imo - it is just a case of the rich patting the backside of another rich person. No wonder people lose respect for those with money when they throw it around so easily and without thinking of the wider picture. It's the rich who pay the majority of the taxes - and provide the greatest amount to charitable giving - that benefit the poor. If you really want to help the poor then the best way is to create wealth. Share this post Link to post Share on other sites
NCFCInnit 52 Posted November 13, 2018 will receive an additional £5m windfall as a token of appreciation for his successful tenure. Might be the trough is already half full given the 5m pressie is "additional"? Share this post Link to post Share on other sites
The Great Mass Debater 1,076 Posted November 13, 2018 Share this post Link to post Share on other sites
Creative Midfielder 1,985 Posted November 13, 2018 1 hour ago, Rock The Boat said: It's the rich who pay the majority of the taxes - and provide the greatest amount to charitable giving - that benefit the poor. If you really want to help the poor then the best way is to create wealth. I thought that myth was debunked at least 20 years ago. Wasn't that the gist of Thatcher's 'trickle down' theory......... and there is still not the slightest sign that it ever happened! If you want a more topical example then you need look no further than the tech giants who have created huge wealth and paid almost no tax in doing so. They've certainly helped the poor by.................providing minimum wage jobs in warehouses or zero hour contract jobs delivering pizzas. Share this post Link to post Share on other sites
SwindonCanary 455 Posted November 13, 2018 Let's hope that when Susanna Dinnage takes over she distributes the money a little better. Share this post Link to post Share on other sites
Drazen Muzinic 1,444 Posted November 13, 2018 (edited) 3 hours ago, lake district canary said: A £5m bonus is nothing compared to the £75m bonus given to the head of Persimmon Builders, but it is a case of the rich get richer and whether Scudamore has done a good job or not, he - nor the Persimmon chap for that matter - do not need the extra money and it could have been better spent in some kind of charitable gesture, maybe in his name. It frankly stinks that people with the money don't see why it looks bad to give such huge bonuses and gifts when there is so much poverty around and lack of resources in the lower reaches of the game. Bully for him, he gets £5m, but morally it is wrong imo - it is just a case of the rich patting the backside of another rich person. No wonder people lose respect for those with money when they throw it around so easily and without thinking of the wider picture. Thanks LDC - you can see where I am coming from here. How much money does one person need? A 2½ million salary for someone who has no more hours in the day than anyone else. His reward was in perpetual employment based upon the work he has done for the bloated Premier League. Morality aside, why does he need two years additional salary? If the FA care about grass roots football and want to enhance the romance of their cup competition, why don't they distribute it across the teams in the earlier rounds? This is from their blurb-laden website (Which co-incidentally is subtitled 'For All') The link is you want to wade through many more empty promises is here... http://www.thefa.com/about-football-association/what-we-do/strategy Edited November 13, 2018 by Drazen Muzinic Share this post Link to post Share on other sites
Drazen Muzinic 1,444 Posted November 13, 2018 5 hours ago, CirclePoint said: Maybe you could consider the perspective that the man did a good job and is being rewarded for it? He was rewarded with a salary over 15 times that of the Prime Minister plus many 5 star, worldwide perks to go with it. Share this post Link to post Share on other sites
cornish sam 942 Posted November 13, 2018 What exactly has this got to do with the FA? He was the chief exec of the premier League... Whilst I do kind of agree with people saying how much money does someone need, that is a totally different discussion to whether or not this is disgusting or not. I would say that as a bonus for the work he's done in growing revenue for all involved that isn't actually that out of order, as many have cited, other, corporate payouts are far more egregious... Share this post Link to post Share on other sites
Drazen Muzinic 1,444 Posted November 13, 2018 16 minutes ago, cornish sam said: What exactly has this got to do with the FA? He was the chief exec of the premier League... Fair point, my bad, I still think of the two as interlinked. One of the main premises of the original 1990 Blueprint for Football was to benefit grassroots teams and the national team. Despite protests and warnings at the time that neither of these would happen, the PL was formed and since then the cash divide has got wider. Share this post Link to post Share on other sites
nutty nigel 7,509 Posted November 14, 2018 I always thought it was the FA Premier League. Certainly was originally. Anyway, as nobody knows of any Just giving page where we could contribute to such a worthy cause maybe we could all sign a card for him? Share this post Link to post Share on other sites
TIL 1010 4,718 Posted November 14, 2018 5 hours ago, lake district canary said: A £5m bonus is nothing compared to the £75m bonus given to the head of Persimmon Builders, but it is a case of the rich get richer and whether Scudamore has done a good job or not, he - nor the Persimmon chap for that matter - do not need the extra money and it could have been better spent in some kind of charitable gesture, maybe in his name. It frankly stinks that people with the money don't see why it looks bad to give such huge bonuses and gifts when there is so much poverty around and lack of resources in the lower reaches of the game. Bully for him, he gets £5m, but morally it is wrong imo - it is just a case of the rich patting the backside of another rich person. No wonder people lose respect for those with money when they throw it around so easily and without thinking of the wider picture. 1% of the population pay 28% of tax collected by HMRC. Share this post Link to post Share on other sites
TIL 1010 4,718 Posted November 14, 2018 Makes McNally's salary and bonus paid as a Championship CEO look peanuts. 😜 Share this post Link to post Share on other sites
Duncan Edwards 2,218 Posted November 14, 2018 2 hours ago, TIL 1010 said: 1% of the population pay 28% of tax collected by HMRC. Wow. Bet people don’t realise that. Are any statistics available regarding the percentage of tax avoidance the same 1% represent? Share this post Link to post Share on other sites
Bethnal Yellow and Green 1,557 Posted November 14, 2018 7 hours ago, TIL 1010 said: 1% of the population pay 28% of tax collected by HMRC. The top 1% pay 28% of income tax, not total taxation - a very big difference. Share this post Link to post Share on other sites
CANARYKING 634 Posted November 14, 2018 How much did our ex CEO get for a few weeks “ work “ ? Share this post Link to post Share on other sites
FenwayFrank 2,456 Posted November 14, 2018 10 hours ago, SwindonCanary said: Let's hope that when Susanna Dinnage takes over she distributes the money a little better. But can she parallel park and explain the offside rule ? Share this post Link to post Share on other sites
Bethnal Yellow and Green 1,557 Posted November 14, 2018 I think the £5m to Scudamore is a very blantant message to the new boss that ‘you do well for us, we’ll do well for you’. Share this post Link to post Share on other sites
Mello Yello 2,278 Posted November 14, 2018 What's wrong with just giving him a nice carriage clock, a bottle of single malt and a cake an' cards with a lovely send-off party down the local social club?...... Share this post Link to post Share on other sites