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| The Board - general discussion (including Res 12); notes from the AGM | |
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| Topic Started: 15 Jul 2014, 12:03 AM (1,414,440 Views) | |
| Lobey Dosser | 7 Oct 2017, 05:29 PM Post #11621 |
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Considering retirement
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Not a whisper for a while now.
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| Willie Wonka | 7 Oct 2017, 05:55 PM Post #11622 |
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Slavery fled, oh glorious dead
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If there’s going to be a judicial review it’ll take months. I’ve no idea what’s happening but no news isn’t always bad news |
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| Wailer | 7 Oct 2017, 06:46 PM Post #11623 |
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Rebel music.
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Considering we've already made a statement on it why anyone would think we're just going to leave it at that is mystifying? |
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| fortheloveoflubo | 10 Oct 2017, 07:49 AM Post #11624 |
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First-team starter
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Don't know if this is place for it but AGM announced for 15th November 11.30am. Full annual report on website http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CCP/13391142.html |
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| fortheloveoflubo | 10 Oct 2017, 07:51 AM Post #11625 |
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First-team starter
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Peter Lawwell been awarded a 104% payrise on his annual 'basic' salary according to latest report. Also now part of an executive long term incentive plan which rewards him (and the Financial Director) for Celtic qualifying for the Champions League. (page 23 in report) http://cdn.celticfc.net/assets/downloads/Celtic_Annual_Report_2017_Web.pdf Edited by fortheloveoflubo, 10 Oct 2017, 08:37 AM.
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| Ess | 10 Oct 2017, 08:17 AM Post #11626 |
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Abooganza!
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Where does it say he has a 104% rise ?
Edited by Ess, 10 Oct 2017, 08:34 AM.
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| idyllwild | 10 Oct 2017, 08:20 AM Post #11627 |
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Good. Lawwell should always have been judged on what we do on the field. I'd like to think that the manager had some say in that criteria being applied to the CEO. |
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| Celts88 | 10 Oct 2017, 08:23 AM Post #11628 |
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First-team starter
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Taken from the same report: PL 2016 - £999,560 2017 - £1,167,411 An LTPIP was introduced in 2017 with the purpose of linking the continuing service and performance of the Chief Executive to performance targets which have the objective of improving Company performance, the football performance of Celtic FC and generating shareholder value. Mr Lawwell participates in the LTPIP. The Remuneration Committee was satisfied that the awards set out in the table on page 23 have vested for the benefit of Mr. Lawwell. Payment remains subject to the operation of the LTPIP conditions. For anyone wondering and LTPIP is a 'Long Term Performance Incentive Plan' Edited by Celts88, 10 Oct 2017, 08:26 AM.
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| fortheloveoflubo | 10 Oct 2017, 08:35 AM Post #11629 |
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First-team starter
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The thing to bear in mind with the difference from 2016/2017 is that PL didn't get a bonus in this financial year as opposed to last year. His annual basic salary has increased by 104% despite him 'only' earning an extra £168k overall. |
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| fortheloveoflubo | 10 Oct 2017, 08:37 AM Post #11630 |
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First-team starter
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His annual basic salary has increased from £564,128 in last financial year to £1.15m in this financial year. He hasn't been awarded a bonus this year hence the difference in his overall salary being £168k. |
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| Celts88 | 10 Oct 2017, 08:43 AM Post #11631 |
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First-team starter
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For all we know there may be more control over the remuneration of the LTPIP, than there was with the previous bonus scheme |
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| Luigi | 10 Oct 2017, 08:53 AM Post #11632 |
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Everyone's Fantasy Football first pick
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Disappointed that there was no mention of the dispute with the SFA and what the club hope to do about it. I don't know if that is the place where they should have said something about it. Maybe someone can confirm if it is? Also interesting that the 2 "Ronny years" show the effect of hiring a rookie manager had on income for the club. Hopefully they've learned that lesson. |
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| fatboab | 10 Oct 2017, 09:47 AM Post #11633 |
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Just before the Dawn
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Well, they look robust. Can't find all the money we've hidden away, but I know it's in there somewhere. |
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| Lobey Dosser | 10 Oct 2017, 10:03 AM Post #11634 |
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Considering retirement
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It's in a secret account in the Coop Bank FB.
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| Pussyfoot | 10 Oct 2017, 10:16 AM Post #11635 |
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À la mode if you will
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sounds likely. Edit to stick in right place. Edited by Pussyfoot, 10 Oct 2017, 10:31 AM.
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| Corky Buczek | 10 Oct 2017, 10:21 AM Post #11636 |
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Trolololo
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Still grossly over-paid |
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| The Gorbals Urchin | 10 Oct 2017, 10:21 AM Post #11637 |
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Retired and now a BT Sports pundit
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He should buy sevco. |
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| dan71 | 10 Oct 2017, 11:51 AM Post #11638 |
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Occasional Substitute
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He could buy them 1,167,411 times over. |
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| Ess | 10 Oct 2017, 01:05 PM Post #11639 |
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Abooganza!
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I'm sure he was paid around £1m a few years back - which was a hefty bonus included, so his take home pay was way over £500k They have recalculated how his bonus scheme works and his basic salary seems to have increased but his bonus is less |
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| sevilliano | 10 Oct 2017, 03:31 PM Post #11640 |
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Retired and now a BT Sports pundit
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He is well overpaid and for that matter BR is well underpaid for delivering qualification twice and being the catalyst for that wonderful season |
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sounds likely. 
8:45 AM Jul 11