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Richard Scudamore WILL accept proposed £5m ‘golden handshake’ from Premier League clubs

Richard Scudamore WILL accept his proposed £5m send off from Premier League clubs – and he’ll be kept on as a consultant.

The payments will be spread over three years, with the decision coming amid fierce criticism from supporter groups.

The proposal for the whip-round initially came from Chelsea chairman Bruce Buck, who also chairs the league’s audit and remuneration committee and led the search for Scudamore’s successor, Susanna Dinnage.

Susanna Dinnage will replace current Premier League chief Scudamore when he steps down in December

All 20 Premier League clubs were asked by Buck for a £250,000 contribution, leading to the Football Supporters’ Federation to comment: “Premier League clubs have always told fan groups that budgets are planned in advance and there’s not a surplus of cash lying around from their extremely lucrative TV deal.

“In the meantime, loyal football supporters continue to be inconvenienced by fixture changes to fit TV schedules, often losing out on travel costs or struggling to get to and from games in the first place.

“Now it appears clubs can stick their hands down the back of the sofa and find £250,000 at a moment’s notice. Fans strongly oppose the ‘golden handshake’ and we urge clubs not to make a decision which is hugely unpopular with supporters.”

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Scudamore earns a reported £900,000 salary plus bonus of £1.6 million and is believed to have earned £26m during his time with the organisation.

The Premier League’s UK television rights were valued at about £670m when Scudamore joined in 1999, while the most recent deal was worth £5.14bn.

In addition to his lucrative exit bonus, The Times report that the 59-year-old is set to receive a New Year honour in recognition for his work at the Premier League.


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