Revealed Lee Charnley is paid less than 3% of what rival Premier League rival earns
Some interesting stats published today, regarding Lee Charnley and the men charged with running other Premier League clubs.
The figures relate to what the highest paid person receives as the top executive/director responsible for delivering a successful club.
As you are always working a year behind, the latest accounts available are for the 2016/17 season, via each club’s accounts.
The feature in The Mirror reveals that Lee Charnley was paid less than 3% of the figure that a Premier League rival received.
Daniel Levy banking £6,010,000 compared to Lee Charnley’s £150,000.
Next highest was Ivan Gazidis at Arsenal, receiving £2,620,000.
Then Man Utd’s Ed Woodward close behind on £2,600,000.
Meanwhile, at Liverpool the top (unnamed) paid director/executive at Liverpool was paid £907,000.
This isn’t of course a new phenomenon, as a couple of years ago The Mail put together the following table based on the annual financial accounts (for 2013/14) published by all clubs, which included the remuneration level of their top-paid director, even though they don’t always name them.
(The exception was Crystal Palace, where the owner-directors didn’t draw pay.)
Highest paid Director at every Premier League club for 2013/14 season:
As you can see, back then even Sunderland’s top executive received six times as much as Lee Charnley.
Many of you will look at the above and make the conclusion that if you pay (relative) peanuts you get….
Bottom line of course is that rather than having a dynamic top headhunted Chief Executive given the authority and financial backing to make Newcastle United the very best it can be, instead we have Lee Charnley, whose appears to have all the power of what say a Sports Direct branch manager might have, if that. Not even able to order in new stock…
The widespread belief/understanding being that when it comes to decision making at the club, underneath Mike Ashley, it is the behind the scenes moves of shadowy figures such as Ashley confidantes Justin Barnes and Keith Bishop who pull the strings on the owner’s behalf.
Newcastle have no recognisable management team compared to other comparable sized clubs, with only Lee Charnley holding the keys/paper clips.
Whilst when it comes to having a proper board of directors to help steer the club, Mike Ashley doesn’t even bother to pretend, with…Lee Charnley the only named director at Newcastle United.
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