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Fans Rightly Baulk As Retiring PL Chief Set For Golden Handshake

Fans Rightly Baulk As Retiring PL Chief Set For Golden Handshake
Eoin Lyons
By Eoin Lyons
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Retiring executive chairman of the Premier League Richard Scudamore is riding into the sunset with a £5 million 'gift' from Premier League clubs, a decision which has football fans fuming.

Scudamore will receive the payment over the next three years, with the 59-year-old taking on an advisory role with the organisation in his retirement.

This consultancy role seems to be the reason behind the generous gift, with a statement from the Premier League arguing that it was 'crucial' to keep Scudamore on in an advisory role:

It was vital that a comprehensive set of non-compete clauses were extended, to ensure the best possible protection for the future of the Premier League.

It was agreed that it is crucial for the League's ongoing success that Richard's unique knowledge and experience remain available in an advisory capacity.

The payments are in recognition of the outstanding work Richard has carried out over the last 19 years.

PL bosses such as West Ham co-owner David Gold and Tottenham chairman Daniel Levy have come out in defence of the payoff, with Gold calling the gift 'absolutely appropriate' and Levy stating that the decision to reward Scudamore is 'absolutely fair'.

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Despite the reasons given by the Premier League the gesture has not gone down well with the majority of football fans, with many arguing that the payoff is just another indication of the greed endemic in modern football

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Five Premier League clubs have reportedly rejected the idea of a £5 million gift, but the parting bonus seems to be going ahead despite the widespread negative press surrounding it.

See Also: Glenn Whelan Reveals Impact Of Dunphy's 'Ferrari' Criticism

 

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