Saint-Armstrong Posted 1 May, 2014 Share Posted 1 May, 2014 http://www.theguardian.com/football/2014/may/01/premier-league-clubs-record-wages As the title says. Cortese earned £2.13m last season. Next in the pecking order is Gazidis at Arsenal, earning £1.8m. Premier League clubs overall pay out £1.8bn in wages per year. Link to comment Share on other sites More sharing options...
Saint Charlie Posted 1 May, 2014 Share Posted 1 May, 2014 He did what he wanted, and did it well. Link to comment Share on other sites More sharing options...
CB Fry Posted 1 May, 2014 Share Posted 1 May, 2014 He was, and remains, the greatest human being that has ever lived. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 1 May, 2014 Share Posted 1 May, 2014 He played a key role in turning a company with a turnover of £9m in 2008/09 into one which in 2013/14 will have a turnover of over £100m. Link to comment Share on other sites More sharing options...
alpine_saint Posted 1 May, 2014 Share Posted 1 May, 2014 He brought our club back from financial meltdown and bottom of League 1 with -10 points to 8th in the Premier League and one game away from a temporary top-spot. His overview has also brought Saints to the verge of representation in an England WC squad for the first time in 2 decades and has made our club the respect of European football for its youth policy. Some of the transfers he oversaw were a disaster, and hes put a fair few noses out of joint, but overall he did a fantastic job and earned his pay. I wish he was still on board and had found a way to work with KL... Link to comment Share on other sites More sharing options...
CB Fry Posted 1 May, 2014 Share Posted 1 May, 2014 .... Link to comment Share on other sites More sharing options...
Matthew Le God Posted 1 May, 2014 Share Posted 1 May, 2014 He played a key role in turning a company with a turnover of £9m in 2008/09 into one which in 2013/14 will have a turnover of over £100m. Manchester United turnover Has it risen 10x in the last 5 years? Nope Link to comment Share on other sites More sharing options...
mcjwills Posted 1 May, 2014 Share Posted 1 May, 2014 He was good at what he done and was probably paid somewhat equivalent to what he would have received in the banking industry for someone at the top. Link to comment Share on other sites More sharing options...
buctootim Posted 1 May, 2014 Share Posted 1 May, 2014 He was good at what he done and was probably paid somewhat equivalent to what he would have received in the banking industry for someone at the top. Not really. A banking chief on £2.2m will likely have 200,000 employees ans the company making £5bn profit from £1trillion of assets. A company with 200 employees and making a spanking loss, not so much. Link to comment Share on other sites More sharing options...
buctootim Posted 1 May, 2014 Share Posted 1 May, 2014 I don't think doing a good job justifies being the highest paid CEO when he's at a far smaller organisation than his rivals. As for signings, the record was fantastic and every summer they improved the squad and helped the club achieve its aims for the season. Compare to other clubs and you won't find many getting that proportion right and clearly being able to say they've improved the squad each summer. We have for 5 years now, which is very, very rare. More than half of what we spent on transfers was wasted. Link to comment Share on other sites More sharing options...
CB Fry Posted 1 May, 2014 Share Posted 1 May, 2014 He played a key role in turning a company with a turnover of £9m in 2008/09 into one which in 2013/14 will have a turnover of over £100m. Still doesn't justify earning at least 10% more than the chief execs of clubs with more than double that turnover. Especially when can't even generate more commercial income than Watford. £100m turnover is really not that much in the world of big business, and could have been significantly more with a better grasp of the opportunities. Link to comment Share on other sites More sharing options...
Unbelievable Jeff Posted 1 May, 2014 Share Posted 1 May, 2014 It's a lot, but then he has made the club a lot. Link to comment Share on other sites More sharing options...
CB Fry Posted 1 May, 2014 Share Posted 1 May, 2014 Has it risen 10x in the last 5 years? Nope So what? Do you think Burnley ' s chief executive should suddenly start earning more than Arsenal ' s? Because, gosh, their turnover is going to rocket as well next season. And, just a hunch, but not powered by huge amounts of free money from a dead man's cheque book. Well done on quoting something I typed by mistake, anyway. Freak. Link to comment Share on other sites More sharing options...
Saint86 Posted 1 May, 2014 Share Posted 1 May, 2014 He brought our club back from financial meltdown and bottom of League 1 with -10 points to 8th in the Premier League and one game away from a temporary top-spot. His overview has also brought Saints to the verge of representation in an England WC squad for the first time in 2 decades and has made our club the respect of European football for its youth policy. Some of the transfers he oversaw were a disaster, and hes put a fair few noses out of joint, but overall he did a fantastic job and earned his pay. I wish he was still on board and had found a way to work with KL... Very well said Alps. Can't disagree with that in any way to be honest. Link to comment Share on other sites More sharing options...
Dig Dig Posted 1 May, 2014 Share Posted 1 May, 2014 If someone offered to pay me that much, I wouldn't turn it down because I was at a smaller institution than others. Link to comment Share on other sites More sharing options...
Lallana's Left Peg Posted 1 May, 2014 Share Posted 1 May, 2014 I don't begrudge him it for performance. Would have been nicer if most of the staff didn't hate him / live in fear though. Link to comment Share on other sites More sharing options...
CB Fry Posted 1 May, 2014 Share Posted 1 May, 2014 If someone offered to pay me that much, I wouldn't turn it down because I was at a smaller institution than others. I wouldn't either. I'd bite their hand off, especially if the job involved spending huge amounts of money my business wasn't even required to generate in the first place. Money for jam I think I'd call it, and I'd be laughing all the way to the bank. Via a ego-massaging TV interview with Sky Sports News first, naturally. I think the idea that he was overpaid for the job he had is a valid comment to make. Link to comment Share on other sites More sharing options...
Toon Saint Posted 1 May, 2014 Share Posted 1 May, 2014 If someone offered to pay me that much, I wouldn't turn it down because I was at a smaller institution than others. Do you think he was offered that salary, or as the only listed Executive Director did he just pay that to himself? Worrying that there seemed to be no accountability. I can't dispute the brilliant job that Cortese did but would be interesting to compare his salary to someone like David McNally at Norwich, who achieved double promotions in a similar time-frame. Link to comment Share on other sites More sharing options...
Sour Mash Posted 1 May, 2014 Share Posted 1 May, 2014 I wonder what his expenses allowance added to this would be? Link to comment Share on other sites More sharing options...
hutch Posted 1 May, 2014 Share Posted 1 May, 2014 When you add on his Chairman's salary it must have been astronomical Link to comment Share on other sites More sharing options...
Dig Dig Posted 1 May, 2014 Share Posted 1 May, 2014 I wouldn't either. I'd bite their hand off, especially if the job involved spending huge amounts of money my business wasn't even required to generate in the first place. Money for jam I think I'd call it, and I'd be laughing all the way to the bank. Via a ego-massaging TV interview with Sky Sports News first, naturally. I think the idea that he was overpaid for the job he had is a valid comment to make. I'd feel good about getting a lot of big decisions right along the way and ultimately delivering key goals earlier than expected. Others do as well though so you are right, criticism is fair but should it directed towards Cortese or those who paid him? Link to comment Share on other sites More sharing options...
Gemmel Posted 1 May, 2014 Share Posted 1 May, 2014 I wonder what his expenses allowance added to this would be? LOL - Where to start. Kids Education? Link to comment Share on other sites More sharing options...
Bewildered Posted 1 May, 2014 Share Posted 1 May, 2014 (edited) Do you think he was offered that salary, or as the only listed Executive Director did he just pay that to himself? Worrying that there seemed to be no accountability. I can't dispute the brilliant job that Cortese did but would be interesting to compare his salary to someone like David McNally at Norwich, who achieved double promotions in a similar time-frame. http://www.theguardian.com/football/2014/may/01/premier-league-accounts-club-by-club-david-conn According to the club by club, Norwich's highest paid director, who is unnamed, made 1.716m. Edited 1 May, 2014 by Bewildered Link to comment Share on other sites More sharing options...
Goatboy Posted 1 May, 2014 Share Posted 1 May, 2014 LOL - Where to start. Kids Education? I have heard several rumours (from different sources) regarding Cortese's expenses. Anyone ITK on here? Link to comment Share on other sites More sharing options...
OldNick Posted 1 May, 2014 Share Posted 1 May, 2014 I don't care what he earned, as a fan he got us to where we are now. We had Lowe, Crouch, Wilde and the goons before them etc and. I don't care what they were paid it was too much. ML was happy to agree to employ him and trusted him. That is good enough for me. Link to comment Share on other sites More sharing options...
OldNick Posted 1 May, 2014 Share Posted 1 May, 2014 He was, and remains, the greatest human being that has ever lived.at long last you can admit it Link to comment Share on other sites More sharing options...
Barry Sanchez Posted 1 May, 2014 Share Posted 1 May, 2014 He played a key role in turning a company with a turnover of £9m in 2008/09 into one which in 2013/14 will have a turnover of over £100m. Oh Jesus, how did he do that? Magic or someones money? Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 1 May, 2014 Share Posted 1 May, 2014 He brought our club back from financial meltdown and bottom of League 1 with -10 points to 8th in the Premier League and one game away from a temporary top-spot. His overview has also brought Saints to the verge of representation in an England WC squad for the first time in 2 decades and has made our club the respect of European football for its youth policy. Some of the transfers he oversaw were a disaster, and hes put a fair few noses out of joint, but overall he did a fantastic job and earned his pay. I wish he was still on board and had found a way to work with KL... Alpine that is a very naiive post. You liked him because he splashed the cash (not his) which whisked us up the leagues. Yea we all enjoyed the ride as fans but I for one knew it would end in tears and in tears it ended. He alienated great swathes of the business community, a large percentage of the ex-players and was a nasty little bully who took out legal injunctions to get his way (and lost them all or settled the night before incurring massive costs). Good Riddance to him. He was an odious little creep. Link to comment Share on other sites More sharing options...
OldNick Posted 1 May, 2014 Share Posted 1 May, 2014 Oh Jesus, how did he do that? Magic or someones money?dont all CEO,s ? Link to comment Share on other sites More sharing options...
OldNick Posted 1 May, 2014 Share Posted 1 May, 2014 Alpine that is a very naiive post. You liked him because he splashed the cash (not his) which whisked us up the leagues. Yea we all enjoyed the ride as fans but I for one knew it would end in tears and in tears it ended. He alienated great swathes of the business community, a large percentage of the ex-players and was a nasty little bully who took out legal injunctions to get his way (and lost them all or settled the night before incurring massive costs). Good Riddance to him. He was an odious little creep. Duncan the majority of fans were very happy with the clubs progress under him. Had we had a less successful chairman we might still be in L1, how would we feel then. Yes the ex players would have their free tickets and might be happy, but fans like myself who turned up rain or shine would be worse off. We know why you didn't get on and sadly that caused a rift but could we be confident we would be where we are if it was not for NC ? Forget not he was the one who put the club and it's potential under ML's nose Link to comment Share on other sites More sharing options...
Olallana Posted 1 May, 2014 Share Posted 1 May, 2014 The interesting link was this one... http://www.theguardian.com/football/2014/may/01/premier-league-accounts-club-by-club-david-conn The wage bill table looked like this (wage % of turnover) 1. Man City £233m (86% of turnover) 2. Man Utd £181m (50%) 3. Chelsea £179m (69%) 4. Arsenal £154m (54%) 5. Liverpool £152m (64%) 6. Spurs £96m (65%) 7. QPR £78m (128%) 8. Aston Villa £72m (85%) 9. Fulham £67m (92%) 10. Everton £63m (73%) 11. Newcastle £62m (65%) 12. Stoke £60m (90%) 13. Sunderland £58m (76%) 14. West Ham £56m (62%) 15. WBA £54m (77%) 16. Norwich £51m (68%) 17. Swansea £49m (73%) 18. Southampton £47m (65%) 19. Reading £46m (78%) 20. Wigan £44m (79%) Link to comment Share on other sites More sharing options...
alpine_saint Posted 1 May, 2014 Share Posted 1 May, 2014 (edited) Alpine that is a very naiive post. You liked him because he splashed the cash (not his) which whisked us up the leagues. Yea we all enjoyed the ride as fans but I for one knew it would end in tears and in tears it ended. He alienated great swathes of the business community, a large percentage of the ex-players and was a nasty little bully who took out legal injunctions to get his way (and lost them all or settled the night before incurring massive costs). Good Riddance to him. He was an odious little creep. Telling it as I see it, Dunc. I also forgot to add that he brought my team to my back yard when I hadnt seen them for a while and only been able to observe our renaissance from afar up until then, at a time when travelling was impossible for me. For that I will ALWAYS be grateful, and I still have trouble believing it happened even now. From what little I know your opinion is not exactly objective, thats not to say its not without justification. I can only say that overall the bloke made me happy about my club, and that I worry about the characters brought in to replace him. I really couldnt give a monkey's chuff what other clubs pay their CEO relative to what NC earnt; besides, his continual record of success over 4.5 years is hardly matched by any other club anyway. EDIT: Not even passed comment on the fact he has improved the value of the club by about a factor of 10, and has made KL even richer if she wants to cash that in............ Edited 1 May, 2014 by alpine_saint Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 1 May, 2014 Share Posted 1 May, 2014 Meh, I'd have done it for half that. Link to comment Share on other sites More sharing options...
Saint George Posted 1 May, 2014 Share Posted 1 May, 2014 If anyone came into this forum when we were -10 in league 1 and said pay me 10m and i guarantee within 5 years I'll have Saint's sitting in 3rd place in prem, 80m + a year income and 3-5 players in contention for the England squad. 'I' guarantee there wouldn't be a damned soul who wouldn't bite his hand off. He set out his stall and achieved all targets comfortably and deserves every penny he's been paid as far as I'm concerned. Link to comment Share on other sites More sharing options...
Saint George Posted 1 May, 2014 Share Posted 1 May, 2014 Oh Jesus, how did he do that? Magic or someones money? I'm pretty sure if 'you' were given the same funding to run the club over the last 5 years, we'd have been in the knackers yard long ago. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 1 May, 2014 Share Posted 1 May, 2014 I didn't like the bloke and disliked a lot of his methods but I don't think anyone could say he didn't do a bloody good job. Much of that salary will have been performance related agreed when Markus was still alive. I hope Kreuger is at least half as successful in achieving his goals. If he is we're going to be alright! Link to comment Share on other sites More sharing options...
sotonjoe Posted 1 May, 2014 Share Posted 1 May, 2014 Alpine that is a very naiive post. You liked him because he splashed the cash (not his) which whisked us up the leagues. Yea we all enjoyed the ride as fans but I for one knew it would end in tears and in tears it ended. He alienated great swathes of the business community, a large percentage of the ex-players and was a nasty little bully who took out legal injunctions to get his way (and lost them all or settled the night before incurring massive costs). Good Riddance to him. He was an odious little creep. The only tears were yours when Nicola refused to sell your book. Boo hoo. Saints' current situation hardly warrants tears you drama queen. Sent from my iPad using Tapatalk Link to comment Share on other sites More sharing options...
Chez Posted 1 May, 2014 Share Posted 1 May, 2014 You'd think losing that sum from the payroll would mean a drop in season ticket prices not an increase. Yeah I know, replacement and shiny new contract for Shaw et al. Link to comment Share on other sites More sharing options...
The Kraken Posted 1 May, 2014 Share Posted 1 May, 2014 I didn't like the bloke and disliked a lot of his methods but I don't think anyone could say he didn't do a bloody good job. Much of that salary will have been performance related agreed when Markus was still alive. I hope Kreuger is at least half as successful in achieving his goals. If he is we're going to be alright! Yep. Cortese got the big things right at the right time, in particular the appointments of Pardew, Adkins and Pochettino. He was found very much wanting when it came to the commercial side and PR side of things, but with the all important structure of the club set in place we can now move on achieve that too. If we have to replace manager this summer then the biggest hope is that Kruger can spot a manager the way Cortese did; I can't stand the man but you simply have to admire his record of managerial appointments. Link to comment Share on other sites More sharing options...
DuncanRG Posted 1 May, 2014 Share Posted 1 May, 2014 I'll be interested to see how much they're paying the new board. Between them it might be that much or even more. Link to comment Share on other sites More sharing options...
Chicken With A Banjo Posted 1 May, 2014 Share Posted 1 May, 2014 If the CEO wages were expressed as a percentage of the average first team player wage and ranked accordingly for each team in the league, I suspect Cortese would be way down the rankings. His salary is not worthy of discussion. The obscene money and coverage associated with the sport as a whole is what needs to be addressed. Link to comment Share on other sites More sharing options...
Batman Posted 1 May, 2014 Share Posted 1 May, 2014 I wonder what Ralph is being paid!! Also, if NC was just an employee, who sanction these wages? Markus before he died? KL??? Either way, he has gone and left the club in a darn sight better state from the one he came to, regardless of who's money he spent. Link to comment Share on other sites More sharing options...
croydonsaint Posted 1 May, 2014 Share Posted 1 May, 2014 http://www.theguardian.com/football/2014/may/01/premier-league-clubs-record-wages As the title says. Cortese earned £2.13m last season. Next in the pecking order is Gazidis at Arsenal, earning £1.8m. Premier League clubs overall pay out £1.8bn in wages per year. I always had reservations about him. Dont get me wrong, I do think he did a good job, certainly his recruitment of Managers was very successful. However I always had an uneasy feeling about him as indeed I always did about Lowe from his early day with us. I do not have that feeling with the current regime. Accepting that Pochettino has been an inspired choice of manager I will never forgive the way he treated Adkins, a totally shameful way to treat such a decent human being. I just do not believe in success at any cost as invariably that success will be short term. He I think will always come out on top and will look after himself ultimately more than his team. That wage he secured for himself could well be an example of this. He left when he stopped getting his way with no loyalty to "his team" I will genuinely thank him for the progress he presided over but am pleased we have rid of him and with, if anything an improved outlook. Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 1 May, 2014 Share Posted 1 May, 2014 I always had reservations about him. Dont get me wrong, I do think he did a good job, certainly his recruitment of Managers was very successful. However I always had an uneasy feeling about him as indeed I always did about Lowe from his early day with us. I do not have that feeling with the current regime. Accepting that Pochettino has been an inspired choice of manager I will never forgive the way he treated Adkins, a totally shameful way to treat such a decent human being. I just do not believe in success at any cost as invariably that success will be short term. He I think will always come out on top and will look after himself ultimately more than his team. That wage he secured for himself could well be an example of this. He left when he stopped getting his way with no loyalty to "his team" I will genuinely thank him for the progress he presided over but am pleased we have rid of him and with, if anything an improved outlook. Another wise post, agree 100% Link to comment Share on other sites More sharing options...
alpine_saint Posted 1 May, 2014 Share Posted 1 May, 2014 I always had reservations about him. Dont get me wrong, I do think he did a good job, certainly his recruitment of Managers was very successful. However I always had an uneasy feeling about him as indeed I always did about Lowe from his early day with us. I do not have that feeling with the current regime. Accepting that Pochettino has been an inspired choice of manager I will never forgive the way he treated Adkins, a totally shameful way to treat such a decent human being. I just do not believe in success at any cost as invariably that success will be short term. He I think will always come out on top and will look after himself ultimately more than his team. That wage he secured for himself could well be an example of this. He left when he stopped getting his way with no loyalty to "his team" I will genuinely thank him for the progress he presided over but am pleased we have rid of him and with, if anything an improved outlook. An improved outlook ? Sorry, cant go along with that at all. We are still looking at managerial, player and transfer activity uncertainties, in my opinion. Link to comment Share on other sites More sharing options...
benjii Posted 1 May, 2014 Share Posted 1 May, 2014 Alpine that is a very naiive post. You liked him because he splashed the cash (not his) which whisked us up the leagues. Yea we all enjoyed the ride as fans but I for one knew it would end in tears and in tears it ended. He alienated great swathes of the business community, a large percentage of the ex-players and was a nasty little bully who took out legal injunctions to get his way (and lost them all or settled the night before incurring massive costs). Good Riddance to him. He was an odious little creep. Lol. Bitter? His influence was overwhelmingly positive for the football club and anyone who can't see that is blinded by bigotry Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 1 May, 2014 Share Posted 1 May, 2014 Lol. Bitter? His influence was overwhelmingly positive for the football club and anyone who can't see that is blinded by bigotry Unless you are a bigot yourself? Link to comment Share on other sites More sharing options...
sotonjoe Posted 1 May, 2014 Share Posted 1 May, 2014 Lol. Bitter? His influence was overwhelmingly positive for the football club and anyone who can't see that is blinded by bigotry The level of scorn Duncan expresses for Cortese is proportionate to the number of unsold copies of his book that can be found cluttering his spare room. Sent from my iPad using Tapatalk Link to comment Share on other sites More sharing options...
Graffito Posted 1 May, 2014 Share Posted 1 May, 2014 Recruiting the managers was the key ingredient in Saints rise from League 1. How did he do it? He took good advice. I've always been interested too know who advised him. Link to comment Share on other sites More sharing options...
aintforever Posted 1 May, 2014 Share Posted 1 May, 2014 It's alot of money but he did deliver so I don't have a problem with it. What he achieved was good but it's not like he got us promoted on a shoestring, he had serious cash behind him and some quality players already at the club. Anyone who treated club legends like Le Tiss how he did never really had the club at heart, it's obvious what he did have at heart - £2mill a year. Link to comment Share on other sites More sharing options...
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