National League Rugby Discussion Forum Homepage
Forum Home Forum Home > League Rugby - www.leaguerugby.co.uk > Clubhouse chat
  New Posts New Posts RSS Feed - Grass roots stirring
  FAQ FAQ  Forum Search   Events   Register Register  Login Login

IMPORTANT Remember to read the rules of the board and abide by them when posting.

Grass roots stirring
 Post Reply Post Reply Page  <1 789
Author
Message
  Topic Search Topic Search  Topic Options Topic Options
Big Eddie View Drop Down
World Cup Winner
World Cup Winner
Avatar

Joined: 19 Jun 2007
Status: Offline
Points: 5085 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Big Eddie Quote  Post ReplyReply Direct Link To This Post Posted: 30 Jan 2025 at 17:18
Originally posted by Camquin Camquin wrote:

The only way for the clubs to remove him is to dissolve the Union.
Which is beginning to look like a necessary option.


In response to Mark W-J and Camquin that was what I was actually alluding to. I think the Board of the RFU (and possibly the Council Members) are so out of touch that they think they can ride out the storm with some slick and manipulative PR and preserve the truly appalling status quo. 

The current SGM may only be able to demonstrate the schism in the Union and with the Board in thrall to Bill and Bill I doubt whether there will be enough free thinking truly independent directors to grasp the enormity of the problem.

If Camquin is correct and I expect he is it just shows how awful the governance of the RFU has become.

If anyone really believes the RFU is fit for purpose they must be deluded. The RFU requires surgery. I do not know if a replacement heart, lung, brain trifecta is possible. 

Sell Twickenham to CVC and lets just start again


Edited by Big Eddie - 30 Jan 2025 at 17:26
''The future isn't what it used to be''
Back to Top
Steve@Mose View Drop Down
World Cup Winner
World Cup Winner
Avatar

Joined: 01 Jun 2007
Location: United Kingdom
Status: Offline
Points: 2952 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Steve@Mose Quote  Post ReplyReply Direct Link To This Post Posted: Yesterday at 16:50
Review finds RFU pay scheme 'appropriate'

Quote
An independent review has found the Rugby Football Union's controversial executive pay scheme, which led to the resignation of its chairman Tom Ilube, was an "appropriate remuneration structure".

The bonus scheme prompted widespread criticism of chief executive Bill Sweeney, who received an extra £358,000 on top of his increased salary of £742,000, while the union posted record operating losses of nearly £40m and made job cuts.

Sweeney's total income of £1.1m in the year up to June 2024 was significantly up from the £430,000 he received in the Covid-affected year of 2019-20 after being appointed in 2019.

His bonus in 2024 was part of a 'long-term incentive plan' (LTIP) signed off by chairman Ilube and intended to recognise the salary sacrificed by senior leaders during the pandemic, while being linked to various parts of the organisation's performance.

The review by Freshfields, which was commissioned by the RFU, has found that the structure of the LTIP "was appropriate in light of the goals it sought to achieve" and is a common tool in corporates, which has also been adopted in some other national governing bodies.

It found no evidence that the LTIP was designed with the aim of "compensating" individuals for loss of income during the Covid period, despite the RFU's 2023-24 annual report stating it was.
Back to Top
tulip View Drop Down
World Cup Winner
World Cup Winner


Joined: 12 Mar 2012
Location: W Yorks
Status: Offline
Points: 2231 		Post Options Post Options   Thanks (0) Thanks(0)   Quote tulip Quote  Post ReplyReply Direct Link To This Post Posted: Yesterday at 18:18
Wonder how much this “Independent Review “ cost the RFU
Back to Top
Robb View Drop Down
World Cup Winner
World Cup Winner
Avatar

Joined: 24 Jan 2017
Location: South East
Status: Online
Points: 1632 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Robb Quote  Post ReplyReply Direct Link To This Post Posted: Yesterday at 21:14
Can an independent review commissioned and funded by those its meant to review, truly be independent?
Back to Top
cheshire exile View Drop Down
World Cup Winner
World Cup Winner


Joined: 05 Feb 2009
Status: Offline
Points: 2544 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cheshire exile Quote  Post ReplyReply Direct Link To This Post Posted: Yesterday at 21:18
Originally posted by Steve@Mose Steve@Mose wrote:

Review finds RFU pay scheme 'appropriate'

Quote
An independent review has found the Rugby Football Union's controversial executive pay scheme, which led to the resignation of its chairman Tom Ilube, was an "appropriate remuneration structure".

The bonus scheme prompted widespread criticism of chief executive Bill Sweeney, who received an extra £358,000 on top of his increased salary of £742,000, while the union posted record operating losses of nearly £40m and made job cuts.

Sweeney's total income of £1.1m in the year up to June 2024 was significantly up from the £430,000 he received in the Covid-affected year of 2019-20 after being appointed in 2019.

His bonus in 2024 was part of a 'long-term incentive plan' (LTIP) signed off by chairman Ilube and intended to recognise the salary sacrificed by senior leaders during the pandemic, while being linked to various parts of the organisation's performance.

The review by Freshfields, which was commissioned by the RFU, has found that the structure of the LTIP "was appropriate in light of the goals it sought to achieve" and is a common tool in corporates, which has also been adopted in some other national governing bodies.

It found no evidence that the LTIP was designed with the aim of "compensating" individuals for loss of income during the Covid period, despite the RFU's 2023-24 annual report stating it was.

So what exactly were “the goals it sought to achieve “?
Back to Top
gerg_861 View Drop Down
World Cup Winner
World Cup Winner
Avatar

Joined: 11 Jun 2017
Location: Ealing
Status: Offline
Points: 2835 		Post Options Post Options   Thanks (0) Thanks(0)   Quote gerg_861 Quote  Post ReplyReply Direct Link To This Post Posted: 22 hours 56 minutes ago at 22:14
Crooks
Back to Top
JZSmith View Drop Down
British and Irish Lion
British and Irish Lion


Joined: 27 Aug 2024
Location: England
Status: Offline
Points: 163 		Post Options Post Options   Thanks (0) Thanks(0)   Quote JZSmith Quote  Post ReplyReply Direct Link To This Post Posted: 9 hours 29 minutes ago at 11:41
Originally posted by Steve@Mose Steve@Mose wrote:

Review finds RFU pay scheme 'appropriate'

Quote
An independent review has found the Rugby Football Union's controversial executive pay scheme, which led to the resignation of its chairman Tom Ilube, was an "appropriate remuneration structure".

The bonus scheme prompted widespread criticism of chief executive Bill Sweeney, who received an extra £358,000 on top of his increased salary of £742,000, while the union posted record operating losses of nearly £40m and made job cuts.

Sweeney's total income of £1.1m in the year up to June 2024 was significantly up from the £430,000 he received in the Covid-affected year of 2019-20 after being appointed in 2019.

His bonus in 2024 was part of a 'long-term incentive plan' (LTIP) signed off by chairman Ilube and intended to recognise the salary sacrificed by senior leaders during the pandemic, while being linked to various parts of the organisation's performance.

The review by Freshfields, which was commissioned by the RFU, has found that the structure of the LTIP "was appropriate in light of the goals it sought to achieve" and is a common tool in corporates, which has also been adopted in some other national governing bodies.

It found no evidence that the LTIP was designed with the aim of "compensating" individuals for loss of income during the Covid period, despite the RFU's 2023-24 annual report stating it was.

Well that's a surprise isn't it?
Back to Top
rugbyenthuser View Drop Down
British and Irish Lion
British and Irish Lion


Joined: 17 Oct 2009
Status: Offline
Points: 233 		Post Options Post Options   Thanks (0) Thanks(0)   Quote rugbyenthuser Quote  Post ReplyReply Direct Link To This Post Posted: 4 hours 17 minutes ago at 16:53
Originally posted by JZSmith JZSmith wrote:

Originally posted by Steve@Mose Steve@Mose wrote:

Review finds RFU pay scheme 'appropriate'

Quote
An independent review has found the Rugby Football Union's controversial executive pay scheme, which led to the resignation of its chairman Tom Ilube, was an "appropriate remuneration structure".

The bonus scheme prompted widespread criticism of chief executive Bill Sweeney, who received an extra £358,000 on top of his increased salary of £742,000, while the union posted record operating losses of nearly £40m and made job cuts.

Sweeney's total income of £1.1m in the year up to June 2024 was significantly up from the £430,000 he received in the Covid-affected year of 2019-20 after being appointed in 2019.

His bonus in 2024 was part of a 'long-term incentive plan' (LTIP) signed off by chairman Ilube and intended to recognise the salary sacrificed by senior leaders during the pandemic, while being linked to various parts of the organisation's performance.

The review by Freshfields, which was commissioned by the RFU, has found that the structure of the LTIP "was appropriate in light of the goals it sought to achieve" and is a common tool in corporates, which has also been adopted in some other national governing bodies.

It found no evidence that the LTIP was designed with the aim of "compensating" individuals for loss of income during the Covid period, despite the RFU's 2023-24 annual report stating it was.

Well that's a surprise isn't it?

I’ll place a small wager the spin doctors / PR gurus manage to either get this to disappear into the ether or somehow place a positive spin on this scandalous bonus after many rank and file redundancies. 
(thanks to Mr Scargill for his input with this post 😂)
Back to Top
FHLH View Drop Down
World Cup Winner
World Cup Winner
Avatar
Cambridge

Joined: 19 Apr 2009
Location: Cambridge
Status: Offline
Points: 5518 		Post Options Post Options   Thanks (0) Thanks(0)   Quote FHLH Quote  Post ReplyReply Direct Link To This Post Posted: 56 minutes ago at 20:14
Originally posted by Steve@Mose Steve@Mose wrote:

 

It found no evidence that the LTIP was designed with the aim of "compensating" individuals for loss of income during the Covid period, despite the RFU's 2023-24 annual report stating it was.


Thus, the only possible reasonable excuse, namely deferred pay, was wrong and the RFU Annual Report incorrect. 

Curiouser & curiouser....Confused
"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
Back to Top
 Post Reply Post Reply Page  <1 789
  Share Topic   

Forum Jump Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 12.04
Copyright ©2001-2021 Web Wiz Ltd.