12-11-2014, 17:34
(12-11-2014, 16:50)Larry-AV Wrote: I would like to see all the directors give up their bonuses and drop their inflated salaries too.
D. Somers - Temporary Exec. Chairman: £60kpa (from previous non-exec. role) at most.
N. Crighton: Non-Exec. £60kpa at most.
D. Llambias: Non-Exec. £60kpa at most (reported as not taking a salary).
J. Easdale: Non-Exec. Does not take a salary.
None of the above have bonus schemes attached as far as I'm aware.
The problem isn't the director's salaries. It's the overall wage demands of running the biggest club in the country in a league system that has no financial benefits at all. Ashley's loans and equity deals (see upcoming share issue to be ratified at the AGM) and some more Llambias-induced cost-cutting (yes, redundancies will have to be made) will see us through to the Premiership at least, and then the increased revenues from advertising, league sponsorship (there is none just now), TV deals and ticketing etc., will improve things dramatically.
Oh, and we could do with not renewing Lee McCulloch's contract at all. Mind you, that's not got much to do with financial constraints, more footballing ones.