A study of the 20 Premier League clubs has shown that United chief executive David Gill is the best paid current director with a salary of £1.953 million.
United’s latest set of accounts for the year ending June 2010, which were filed last week, appeared to place the Carling Cup winners at the top of the Premier League pay league, narrowly ahead of Arsenal.
Chief executive Ivan Gazidis earned £1.718m in his first full year at Emirates Stadium, including a £938,000 salary, a £669,000 bonus and benefits of £111,000.
Unsurprisingly, the third best renumerated director is Manchester City’s Garry Cook, whose salary, based on figures for the 2008-09 season, is £1.518m, more than a 300 per cent increase on the best paid City director in 2007-08, whose pay package was £477,000.
Intriguingly, Gill, who was described by manager Sir Alex Ferguson as a “brilliant man” last week but has come under criticism from fans for maintaining his public support of the Glazer regime, is earning almost twice as much as when United was a PLC. In the last financial year before the Americans took over the club in 2005, Gill’s pay package was £1.009m.
Arsenal have also amply rewarded their chief executive during a season in which they failed to lift a trophy for the fifth consecutive season but delivered a sparkling set of accounts with club record pre-tax profits of £56m. Gazidis’ package is nearly double that of his predecessor Keith Edelman, who earned £1.056m before leaving Arsenal in 2008.
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