"Mark has led the business to meet and exceed robust and ambitious performance targets on and off the pitch and deliver our 2020-2024 strategic objectives."
"The turnover was the equivalent to a FTSE 250 company, so the chief executive's performance-based remuneration package needs to be competitive to attract and retain high-calibre executives."
The Football Association has justified the £1.32 million paid to CEO Mark Bullingham as meeting and exceeding performance targets. This amount includes a £450,000 bonus and reflects a significant increase of over 55% from the previous year. Bullingham, reportedly the highest-paid chief executive of a UK sports governing body, helped the FA achieve a turnover of £551.2 million and a net profit of £49.7 million. The FA asserts that competitive remuneration is necessary to attract top talent and is based on performance outcomes.
Read at www.bbc.com
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