Us mere mortals ...
Glazers' United give loyal Gill £200,000 rise
Paul Kelso
Wednesday January 31, 2007
The Guardian
David Gill's loyalty to the Glazer family was richly rewarded last year with a pay rise of almost £200,000. Manchester United's accounts for the year ending June 2006, lodged today at Companies House, reveal that the chief executive received £1,138,000 in salary for the year with a pension top-up of £142,000, a total of £1,280,000. This represents a significant increase on his package for the previous year, when he received around £1.1m in salary and pension.
The handsome rise puts Gill on a par with Chelsea's Peter Kenyon in football's executive pay scale, though it is more modest than some had predicted. Gill defied predictions that he would be forced out by the new owners and has been a crucial figure in stabilising the club following the June 2005 takeover. He has an amicable working relationship with Joel Glazer, acting as a bridge to the manager, Sir Alex Ferguson, a relationship cited by sources at the club as a contributory factor in their current good form.
Gill will focus almost entirely on football issues when the current executive recruitment round is complete. The commercial director, Andy Anson, and finance director, Nick Humby, leave the club today, and Humby will be replaced by a chief operating officer who will take over all of Gill's current responsibilities save for governance and football matters.
Paul Kelso
Wednesday January 31, 2007
The Guardian
David Gill's loyalty to the Glazer family was richly rewarded last year with a pay rise of almost £200,000. Manchester United's accounts for the year ending June 2006, lodged today at Companies House, reveal that the chief executive received £1,138,000 in salary for the year with a pension top-up of £142,000, a total of £1,280,000. This represents a significant increase on his package for the previous year, when he received around £1.1m in salary and pension.
The handsome rise puts Gill on a par with Chelsea's Peter Kenyon in football's executive pay scale, though it is more modest than some had predicted. Gill defied predictions that he would be forced out by the new owners and has been a crucial figure in stabilising the club following the June 2005 takeover. He has an amicable working relationship with Joel Glazer, acting as a bridge to the manager, Sir Alex Ferguson, a relationship cited by sources at the club as a contributory factor in their current good form.
Gill will focus almost entirely on football issues when the current executive recruitment round is complete. The commercial director, Andy Anson, and finance director, Nick Humby, leave the club today, and Humby will be replaced by a chief operating officer who will take over all of Gill's current responsibilities save for governance and football matters.
Comment