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England Rugby's Bonus Scheme 'Appropriate'
The Straits Times
|February 15, 2025
An independent review of the Rugby Football Union's (RFU) controversial scheme that handed chief executive Bill Sweeney a £358,000 ($604,000) bonus found that it was "appropriate and well-reasoned", but also identified some key failings, largely in terms of communication.
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LONDON - An independent review of the Rugby Football Union's (RFU) controversial scheme that handed chief executive Bill Sweeney a £358,000 ($604,000) bonus found that it was "appropriate and well-reasoned", but also identified some key failings, largely in terms of communication.
Sweeney was paid £1.1 million for the 2023-24 financial year, comprising an increased salary of £742,000 on top of the figure awarded via a long-term incentive plan (LTIP).
Further bonuses totalling around £1 million were paid to five other executives, even though the RFU reported a record operating loss of £37.9 million and made more than 40 staff redundant.
The figures caused uproar throughout the game and the RFU will now hold a special general meeting on March 27, after more than 100 clubs and other bodies signed a letter demanding it.
यह कहानी The Straits Times के February 15, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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