BEARGER 1,830 Posted May 3, 2014 Share Posted May 3, 2014 £630K is outrageous. What is the bonus for, what are his targets to reach for the 100% bonus? 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted May 3, 2014 Share Posted May 3, 2014 According to the DR, the bonus is not linked to on field performance, but linked to financial/business performance. There doesn't appear to be any guarantee that he will even get the full amount. 0 Quote Link to post Share on other sites More sharing options...
Ser Barristan Selmy 222 Posted May 3, 2014 Share Posted May 3, 2014 According to the DR, the bonus is not linked to on field performance, but linked to financial/business performance. There doesn't appear to be any guarantee that he will even get the full amount. Ah right, that's ok then. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted May 3, 2014 Share Posted May 3, 2014 According to the DR, the bonus is not linked to on field performance, but linked to financial/business performance. There doesn't appear to be any guarantee that he will even get the full amount. The way it's written it is purely in the gift of his Boardroom colleagues there are no written benchmarks to attain in his contract. 0 Quote Link to post Share on other sites More sharing options...
Ser Barristan Selmy 222 Posted May 3, 2014 Share Posted May 3, 2014 The way it's written it is purely in the gift of his Boardroom colleagues there are no written benchmarks to attain in his contract. So in other words he will always get it and he cannot fail. He'll be gone soon anyway 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted May 3, 2014 Share Posted May 3, 2014 So in other words he will always get it and he cannot fail. He'll be gone soon anyway It certainly has the appearance of that. 0 Quote Link to post Share on other sites More sharing options...
Hildy 0 Posted May 3, 2014 Share Posted May 3, 2014 If Rangers had employed the guy on a £600,000 plus salary, there would have been an understandable outcry. Instead, he is reported to be on half this figure and this is reckoned to be about right. Add in a 100% bonus though, which is paid out when relatively easy conditions are met or when a committee nods it through, and the true payout becomes absurd. Two words come to mind: 'smoke' and 'mirrors'. 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted May 3, 2014 Share Posted May 3, 2014 The way it's written it is purely in the gift of his Boardroom colleagues there are no written benchmarks to attain in his contract. That is not how proper businesses do things...why are we so amateurish? 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted May 3, 2014 Share Posted May 3, 2014 What is his bonus based on?Encouraging financial figures? Building an unprecedented level of cooperation and understanding between the Board and the fans? Oh yes - I know. The 120 day review! I suppose it's the same bonus the RBOS managers got when they nearly bankrupt it. 0 Quote Link to post Share on other sites More sharing options...
Ser Barristan Selmy 222 Posted May 3, 2014 Share Posted May 3, 2014 Man City's highest paid executive was on circa £400k for 12/13. Man City, the team full of top players earning £200k per week. 0 Quote Link to post Share on other sites More sharing options...
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