Mr Putdown
Well-known member
So in short there was no official vote and the money is from the PL coffers.
Where does it say that, I must have missed it.
So in short there was no official vote and the money is from the PL coffers.
Interesting that PB uses the term remuneration 6 times in his email in response to this thread when, a quick search, shows that not one poster had used the term to describe Scudamore’s retirement bonus.
Talk about swerve the subject.
- our club has not been asked “to write a cheque” or “to divert club funds” to pay for Richard Scudamore’s remuneration (or anyone else’s remuneration at the Premier League);
- by definition, the costs of the remuneration of the Premier League’s staff and executives are met from the league’s central costs (just like the EFL - and many other sporting organisations or governing bodies of a similar type)
We've received a message from Paul Barber, and with his permission will post it here
"As is usual, several people have made me aware of the thread concerning Richard Scudamore’s remuneration on NSC.
To be clear, and to correct a number of inaccuracies currently being presented and discussed as “fact”:
- Richard Scudamore’s remuneration is determined by the Premier League’s board and audit committee - not by individual clubs or via a vote;
- as such, clubs were not required to vote to determine Richard Scudamore’s remuneration (or that of any other league executive);
- therefore it is not true that 5 clubs “abstained” from a vote that did not, and was not required to, take place;
- our club has not been asked “to write a cheque” or “to divert club funds” to pay for Richard Scudamore’s remuneration (or anyone else’s remuneration at the Premier League);
- by definition, the costs of the remuneration of the Premier League’s staff and executives are met from the league’s central costs (just like the EFL - and many other sporting organisations or governing bodies of a similar type);
- finally, our club’s budgets are determined by our own commercial revenue streams and also by the revenues we receive from the league (from TV rights, licensing, and sponsorship income). As is entirely normal each season, our share of the league’s revenues is paid to us taking in to account the league’s central costs.
The Premier League has now issued a statement on this subject - and it is not for our club to comment on the specific remuneration of individual Premier League executives (just as we wouldn’t comment on the specific remuneration of our own staff, executives, coaches or players).
We will however say - again - that Richard Scudamore has done an outstanding job for the Premier League - and for the Football League before that - for almost 20 years. All of us at this football club thank Richard for what he has done for football - at all levels - and we all wish him well for the future.
Please feel free to share the content of this email if it’s helpful to better inform people.
Thanks, Paul"
Still annoyed, but not as directly at BHA as I was.
Still the same for me. Does this sound like we have disapproved of this gross waste of funds? Doesn't to me, this sounds like an attempt to justify it as all being perfectly reasonable behaviour in this mega money morally bankrupt World of football.
Finally "our club’s budgets are determined by our own commercial revenue streams and also by the revenues we receive from the league (from TV rights, licensing, and sponsorship income). As is entirely normal each season, our share of the league’s revenues is paid to us taking in to account the league’s central costs."
Therefore, revenue is paid to us less central costs, which have presumably increased by £5m as a result of this. That, spread across the 20 clubs, means each club has had an additional £250k of "central costs" deducted from their revenue as a result.
It appears Scudamore accepted the £5 mill payment, payable over 3 years.
However, the clubs were denied the chance to vote on the matter.
Seems strange .
We've received a message from Paul Barber, and with his permission will post it here
"As is usual, several people have made me aware of the thread concerning Richard Scudamore’s remuneration on NSC.
To be clear, and to correct a number of inaccuracies currently being presented and discussed as “fact”:
- Richard Scudamore’s remuneration is determined by the Premier League’s board and audit committee - not by individual clubs or via a vote;
- as such, clubs were not required to vote to determine Richard Scudamore’s remuneration (or that of any other league executive);
- therefore it is not true that 5 clubs “abstained” from a vote that did not, and was not required to, take place;
- our club has not been asked “to write a cheque” or “to divert club funds” to pay for Richard Scudamore’s remuneration (or anyone else’s remuneration at the Premier League);
- by definition, the costs of the remuneration of the Premier League’s staff and executives are met from the league’s central costs (just like the EFL - and many other sporting organisations or governing bodies of a similar type);
- finally, our club’s budgets are determined by our own commercial revenue streams and also by the revenues we receive from the league (from TV rights, licensing, and sponsorship income). As is entirely normal each season, our share of the league’s revenues is paid to us taking in to account the league’s central costs.
The Premier League has now issued a statement on this subject - and it is not for our club to comment on the specific remuneration of individual Premier League executives (just as we wouldn’t comment on the specific remuneration of our own staff, executives, coaches or players).
We will however say - again - that Richard Scudamore has done an outstanding job for the Premier League - and for the Football League before that - for almost 20 years. All of us at this football club thank Richard for what he has done for football - at all levels - and we all wish him well for the future.
Please feel free to share the content of this email if it’s helpful to better inform people.
Thanks, Paul"
It appears to be a PL decision, endorsed by the clubs, which we (and therefore by implication, TB) has to pay. The cost has been levied, we pay. Barber should certainly have been one of the dissenting voices, and as far as day to day finances, I dare say TB delegates to PB (quite correctly) so was quite possibly not consulted on this anyway.It's TB's money that has been thrown into the pot, so if he hasn't had to sanction such a thing then it's a dereliction of duty. He simply must have that much control over his own money that Barber can't just give £250k away without at least consulting. It's wouldn't have literally been a hat passed round and Barber had that moment to decide, he would have had ample opportunity to make a call and say "look boss, you know Dickie Dosh, yeah, Richie Rich, is finishing up at the PL, and switching over to a ludicrously lucrative Consultative role instead? Anyway, Buckster has said we should do something nice for him. LOL, no, not a card with us all scribbling messages inside. He was thinking we'd all chip in and give him a few quid as a send off. Erm, £250k. No, that's £250k each, so shall I give them a cheque maybe I'll transfer ....... ok, ok, ok but I'm not sticking it there myself."
We can all turn a blind eye, and not criticise TB for anything because of what he has done, but I think people are doing it because it's easier to be unhappy with Barber, than seem ungrateful by being critical of Bloom.
I think he simply HAS to be talking about the same thing.
If the bung / bonus thing actually is for real (and paid by the clubs), then Barber's message above ends any credibility he has with a lot of people. He's WAY too smart for that.
So did we cough £250k in the whip-round for his leaving present or not?