There have been suggestions in recent years, little more than rumours – though plenty of them – that the Rugby Football Union’s chief executive, Bill Sweeney, might have been preparing his exit strategy. That finding a replacement for Eddie Jones could be his parting gift, that negotiating the new eight-year agreement with the Premiership could be his intended legacy. Eventually the whispers grew loud enough that Sweeney publicly denied it and, after it emerged on Monday he was paid £1.1m thanks to the maturation of a bonus three years in the making, we appear to have a pretty good idea as to why.
The first thing to say about Sweeney’s eye-watering raise – a performance-based payment of £358,000 on top of a base salary of £742,000 – is that you can hardly blame him for taking it. Admittedly, he will have likely negotiated the details of the long-term incentive plan that has so lined his pockets but would you really expect him to turn it down? The blame lies with the RFU’s board and remuneration committee for signing off on a scheme that has made Sweeney the best-paid chief executive of a UK sports governing body – excluding payouts – at a time when 42 redundancies have just been made and a loss to reserves of £42m has just been announced.
