FORUMS > The Virtual Terrace > Nigel golden egg |
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| I'm puzzled. If the RFL wont answer Martyn Sadlers questions why did they tell anyone about the payoff? Surely they realised that this would lead to questioning and more unease about the way the game is being run.
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755_1290430740.jpg “At last, a real, Tory budget,” Daily Mail 24/9/22
"It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
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| I might be outdated but how someone can walk through the centre of any northern town look in a few door holes & gratefully accept £500k without dying of shame is beyond me.
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| Quote: Gazwire "
Where else do you expect the airline to fit him in, apart from luggage?'"
The cockpit maybe? But then the plane would either fail to take off or it would immediately nose dive.
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20337_1416501684.jpg Mac out!:d7dc4b20b2c2dd7b76ac6eac29d5604e_20337.jpg |
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| Quote: "I might be outdated but how someone can walk through the centre of any northern town look in a few door holes & gratefully accept £500k without dying of shame is beyond me.'"
Why?? if your employer offered you a nest egg you would take. What the hell is shameful about that?
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755_1290430740.jpg “At last, a real, Tory budget,” Daily Mail 24/9/22
"It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg |
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| Because it is an obscene amount that no-one needs or deserves.
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| The truth is he got far more than that and put the RFL in financial difficulty
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| Quote: wire-quin "Why?? if your employer offered you a nest egg you would take. What the hell is shameful about that?'"
There are many CEOs that are taking pay cuts and realigning their salaries in line with company growth and “for the greater good” (see easyJet most recently). If you’re not successful at your job then the first place you look is in the mirror. Sadly it seems that Nige is so far up his own backside that he thinks he is worth a £500k golden handshake. More unbelievably is that in 15/16 FY (can’t seem to find 16/17 figs), The RFL made just £200k EBIT so I’d be interested to know where the £500k is coming from.
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| Quote: "Because it is an obscene amount that no-one needs or deserves.'"
Have you created some acceptable threshold that should be observed nationally. is £300k OK?
Quote: "There are many CEOs that are taking pay cuts and realigning their salaries in line with company growth and “for the greater good” (see easyJet most recently). If you’re not successful at your job then the first place you look is in the mirror. Sadly it seems that Nige is so far up his own backside that he thinks he is worth a £500k golden handshake. More unbelievably is that in 15/16 FY (can’t seem to find 16/17 figs), The RFL made just £200k EBIT so I’d be interested to know where the £500k is coming from.'"
Im not sure which CEO's you are referring (Easy Jet accepted, I note you didn't mention Carillion or Capita two in the news at the mo) but to some £500k is a lot but make no mistake its nothing in the world of business. Forget the fact the game is based in the north and salaries are smaller than London. £500k as a pension at 55 would give you possibly £10k per year. its peanuts.
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Quote: wire-quin "Im not sure which CEO's you are referring (Easy Jet accepted, I note you didn't mention Carillion or Capita two in the news at the mo) but to some £500k is a lot but make no mistake its nothing in the world of business. Forget the fact the game is based in the north and salaries are smaller than London. £500k as a pension at 55 would give you possibly £10k per year. its peanuts.'"
£500k is massive to The RFL, you cant generalise a sports governing body amongst corporations. £500k is a tiny amount for the company I work for but none of the shareholders even take dividends as profits are reinvested. Wood probably has a generous pension on top so that is irrelevant.
FTSE100 CEO salaries fall 17pc - https://www.ft.com/content/5cfa1cd6-779 ... 495fe6ca71
The trend of execs receiving massive pay outs and obscene salaries is well on its way out.
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Quote: wire-quin "Im not sure which CEO's you are referring (Easy Jet accepted, I note you didn't mention Carillion or Capita two in the news at the mo) but to some £500k is a lot but make no mistake its nothing in the world of business. Forget the fact the game is based in the north and salaries are smaller than London. £500k as a pension at 55 would give you possibly £10k per year. its peanuts.'"
£500k is massive to The RFL, you cant generalise a sports governing body amongst corporations. £500k is a tiny amount for the company I work for but none of the shareholders even take dividends as profits are reinvested. Wood probably has a generous pension on top so that is irrelevant.
FTSE100 CEO salaries fall 17pc - https://www.ft.com/content/5cfa1cd6-779 ... 495fe6ca71
The trend of execs receiving massive pay outs and obscene salaries is well on its way out.
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| Quote: "The trend of execs receiving massive pay outs and obscene salaries is well on its way out.'"
Absolute rubbish. The best companies will pay what it takes. If that is disguised as a small salary (the headline figure we all see) with a large pension, significant stock, golden handshake package sat behind it then thats what they will do. The best get the best.
Quote: "Wood probably has a generous pension on top so that is irrelevant.'"
You've speculated there to strengthen your argument.
Quote: "you cant generalise a sports governing body amongst corporations'"
Why not? Have a look at where the past heads of the FA have come from and gone to.
Your argument is completely flawed. You've been dazzled by a figure of £500k.
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| You think the post of CEO of the RFL should have a salary comparable with that of the CEO of the FA?
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icons42da_files/5978-4369Kanaryali17-msnicons.gif Nil......Zip.....Nothing....ZERO....0:icons42da_files/5978-4369Kanaryali17-msnicons.gif |
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| Quote: silver2 "I'm puzzled. If the RFL wont answer Martyn Sadlers questions why did they tell anyone about the payoff? Surely they realised that this would lead to questioning and more unease about the way the game is being run.'"
It means the RFL control the information flow.
They release the information now as it would have been discovered when the relevant set of financial statements were released (in about 18-24 months time).
Announce it now and avoid accusations of trying to cover it up in the future.
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| Quote: tigertot "I might be outdated but how someone can walk through the centre of any northern town look in a few door holes & gratefully accept £500k without dying of shame is beyond me.'"
Yes, you are outdated. Wood has been offered this, is not like he has stolen this (in the legal sense)
Why bring in "Northern towns" into this? That just exaggerated the stereotype.
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| Bollox to the stereotypes. I still think £500k is too large a sum of money for one individual with a questionable track record who is staying with the organisation anyway.
He may be entitled to it going by the fine print of the contract but that doesn't mean I have to be happy about it. I'm disappointed a contract like that was agreed anyway. That kind of thing is no guarantee of getting the best person for the job as is often claimed. The directors of Carillion, Fred Goodwin, Dominic Chappell etc prove that. If I were a RL journo I'd be asking Ralph Rimmer if he would be asking for a similar in his contract if he's successful in becoming CEO. I'd also be asking if he was happy with the sum being paid to Wood. I know what the answer will be but I think this sort of thing doesn't get the attention it deserves.
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Rank | Posts | Team |
International Chairman | 17146 | No Team Selected |
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Dec 2001 | 23 years | |
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755_1290430740.jpg “At last, a real, Tory budget,” Daily Mail 24/9/22
"It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg |
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| Quote: wire-quin " The best get the best.'"
Utter rubbish.
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