Each of the Premier League's 20 clubs has been asked to contribute £250,000 ($323,000) towards a £5m farewell bonus for the league's outgoing executive chairman, Richard Scudamore. The request, which was made before a meeting earlier in November by Chelsea FC chairman Bruce Buck, is expected to be granted. Scudamore is stepping down from his role in December after 19 years at the organisation. In addition to the bonus, each club will receive an additional payment of up to £100,000 if they reach certain performance targets over two years.
Each of the Premier League's 20 clubs has been asked to contribute £250,000 ($323,000) towards a £5m farewell bonus for the league's outgoing executive chairman, Richard Scudamore. The request, which was made before a meeting earlier in November by Chelsea FC chairman Bruce Buck, is expected to be granted. Scudamore is stepping down from his role in December after 19 years at the organisation. His job will be divided up, with Discovery's Susanna Dinnage becoming CEO and another appointee becoming chairman.