Ultimate magazine theme for WordPress.

Newcastle chief Lee Charnley receives £408,000 pay rise regardless of membership taking £1.15m in Authorities furlough cash

NEWCASTLE managing director Lee Charnley obtained a £408,000 pay rise whereas the membership took £1.15million authorities furlough cash. 

Mike Ashley turned the primary Premier League proprietor to put nearly all of non-playing employees, together with the scouting and recruitment departments, on furlough initially of the Covid pandemic. 

2

Charnley has seen his pay greater than double whereas Toon employees have gone on furloughCredit: Rex Options

Underneath the Authorities’s job retention scheme, employers might obtain grants to cowl as a lot as 80 per cent of a employee’s wage as much as £2,500 a month. 

Tottenham and Liverpool each made dramatic U-turns after their controversial choice to make use of the general public money was hit by a livid backlash. 

Ashley was unperturbed although and has continued to make use of the scheme, with Authorities figures exhibiting that the Magpies obtained between £100,001 and £250,000 to pay wages as lately as Could. 

The membership’s newest set of accounts, for the 2019-20 season, cowl 13 months fairly than the same old 12 however present a bumper 153 per cent rise from £267,000 to £675,000 for Charnley. 

The Toon chief doesn’t communicate to the media and has slowly risen the ranks at St James’ Park since arriving as assistant membership secretary when Sir Bobby Robson was supervisor within the early 2000’s. 

For years, Charnley – listed because the membership’s solely director – was among the many Prem’s lowest-paid administrators, incomes £150,000 a yr earlier than receiving a pay hike to £267,000 in 2018-19. 

The newest figures additionally revealed that Ashley spent simply £200,000 on infrastructure – this contains the coaching floor, academy amenities and stadium enhancements – which is by the far the bottom within the top-flight. 

In a season ravaged by Covid, the membership posted an working lack of £54million having made a £14.9m revenue the yr earlier than. 

And Charnley stated: “These monetary outcomes don’t mirror a ‘regular’ yr for the Group. 

“The monetary impression on the outcomes for the interval beneath assessment is obvious. 

DREAM TEAM IS BACK! SIGN UP NOW FOR THE 21/22 SEASON WITH £100,000 PRIZE POT UP FOR GRABS

BETTING SPECIAL – GET ARSENAL TO BEAT BRENTFORD AT 30/1

“Apart from the lowered capability crowd allowed in for the ultimate residence sport in Could 2021, the entire of the 2020-21 season has taken place at an empty St James’ Park. 

“As well as, non-matchday business actions have been severely impacted all through.

“Consequently the impression of Covid-19 on the 2020-21 funds might be even higher.”

2

Ashley has handed Charnley an enormous rise after utilizing taxpayers’ money to pay his staffCredit: PA:Press Affiliation

DREAM TEAM 2021/22

PLAY DREAM TEAM FOR THE 2021/22 SEASON

£100,000 prize pot up for grabs
£50million finances to construct your greatest XI
Play in Mini Leagues in opposition to your mates, colleagues, and many others
Click on right here to play for FREE
Dream Group app obtainable via Apple Retailer and Google Play Retailer

Kylian Mbappe’s hilarious response after Antoine Griezmann tells him he signed PSG star for Newcastle on Soccer Supervisor

Leave A Reply

Your email address will not be published.