08 Apr 2014 14:58:20
Just browsing tv and came across this nugget from LUFC accounts. "The highest paid director was paid a salary of £265, 449 and accrued a bonus of £440,000." I wonder what his bonus might have been had we actually achieved success over the last 12 months. Maybe he would consider waiving his bonus and taking Noel Hunt instead!?!


1.) 08 Apr 2014
08 Apr 2014 17:22:31
That was Shaun Harvey apparently.


2.) 08 Apr 2014
Why Noel hunt?
Do you know how much other players are earning?


3.) 08 Apr 2014
Where previously Bates took nothing. Credit where credits due


4.) 08 Apr 2014
Earning sweet FA but paid a lot

Fawksey


5.) 08 Apr 2014
Well, I would like to see Massimo start kicking into touch these wasters who have selfishly embelished their roles and fattened up at our expense. I will support Massimo and have the utmost respect for the guy as he clears out Elland Rd and takes full control and responsibility. His money, his head on the block and if he does half a decent job its going to be 50% better than what we have seen so far.


6.) 09 Apr 2014
It has been raised several times already, but people seem to ignore, that the accounts were for the period ending in March 2013. Therefore, GFH were only in 3 months. The Director paid was clearly Shaun Harvey and as for Bates, he did not take a salary LOL No he only took his expenses which was a massive contract to fly him back and forth from Monaco as well as lots of other costs he would have claimed i'd imagine.

Not saying GFH are any better, but let's be clear who was managing the business for the majority of that period and it was Bates. I imagine the bonus was paid to Harvey for a completing successful sale to GFH.


7.) 10 Apr 2014
That's one of the ways GFH have taken money out- unless it was part of the severance payment to KB- as it appears they haven't paid anything for the club, just gave KB the ticket money, hence no income for last 2 years. Plus they are a bank, so charged interest = the loss! paid to them. It says income was £28m, but lost £9m?. Simply playing with numbers- GFHmade £9m, LUFC list £9m