£5m Scu can cash in
THE Premier League have come under renewed attacks for failing grass-roots football after Richard Scudamore’s £5million golden handshake was railroaded through without so much as a show of hands from the clubs.
Chelsea chairman Bruce Buck, head of the organisation’s audit and remuneration, was behind the decision to reward Scudamore for his 19 years at the helm in a move which was backed by the Premier League’s non-executive directors.
It meant he was able to pass the motion at a summit of Premier League clubs in London yesterday without even having to ask for a formal show of hands.
Although Cardiff City have spoken out in support of the
move, three clubs at least – Watford, Fulham and Southampton – have voiced disapproval.
Yesterday, the Premier League tried to justify the award
A statement said: “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.”
Scudamore, 59, is believed to be “surprised and embarrassed” by the award and had in the past shied away from more lucrative posts to remain at the Premier League. He had spoken of plans to support good causes and projects after leaving football, particularly in the West Country where he grew up.
Nevertheless, the crassness of signing off on a pay-off of £250,000 per club has been condemned by football supporters across the country.
The Football Supporters’ Federation said: “Premier League clubs have always told fan groups that there’s not a surplus of cash lying around. In the meantime, loyal football supporters continue to be inconvenienced by fixture changes to fit TV schedules, struggling to get to and from games. Now it appears clubs can stick their hands down the back of the sofa and find £250,000 at a moment’s notice.”
However, Tottenham chairman Daniel Levy said: “It was an absolutely fair payment.
“It was a discussion for the Premier League to make a decision because it’s a central cost and all the clubs were behind it.”