Newcastle Chairman: A Football Fat Cat?


By Matthew Jones
October 28 2003

NEWCASTLE United FC duo of Freddie Shepherd and Douglas Hall faced accusations they were "football fat cats" after details emerged of enormous bonus payments. THE NORTHERN ECHO:

NEWCASTLE United FC duo of Freddie Shepherd and Douglas Hall faced accusations they were "football fat cats" after details emerged of enormous bonus payments.

The chairman and non-executive director are in line for bonus payments of £250,000 and £225,000 respectively.

That would take Mr Shepherd's total salary and bonus package for the year to £668,000, a rise of 11 per cent on the previous year when he was awarded a 154 per cent increase on 2001.

Mr Hall's total package will rise 12 per cent to £591,000 - this follows a 356 per cent increase last year.

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