first_imgThe executive chairman is stepping down and will receive a total of £5 million as a thanks for 19 years of serviceEnglish Premier League executive chairman Richard Scudamore is stepping down from his role after 19 years as head of the competition.And now, he will receive a millionaire farewell gift, thanks to all 20 EPL clubs.“The decision was made by the Audit and Remuneration Committee and the Non-Executive Directors, supported and endorsed by the clubs,” read a statement on Burnley’s official website.“The payments, which will eventually total £5 million, will be spread over the next three years and are in consideration of three important areas.”Daniel Fark, Norwich City, Premier LeagueDaniel Farke, From mid-table in the Championship to the Premier League Manuel R. Medina – September 14, 2019 Norwich City manager, Daniel Farke, has taken his team from the middle of the table in the English Championship to play with the big boys in the Premier League.“It was vital that a comprehensive set of non-compete clauses were extended, to ensure the best possible protection for the future of the Premier League,” the press release added.“It was agreed that it is crucial for the League’s ongoing success that Richard’s unique knowledge and experience remain available in an advisory capacity.”“The payments are in recognition of the outstanding work Richard has carried out over the last 19 years,” the website read.“The Premier League would like to put on record our thanks to Richard for his exceptional contribution to the success of the League.”last_img

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