SCOTTISH RUGBY’S highest paid director – almost certainly Chief Executive Mark Dodson – received total emoluments comprising salary and benefits of £454k for the financial year up to May 31st 2020, down from £933k the previous year.
The aggregate annual emoluments paid to the all the Directors (executive and non-executive) fell from £2.273m to £1.427m during the same period, according to the the organisation’s Annual Review, which was published (without the business’ accounts attached) this evening.
The aggregated fees and salaries figures provided in the report take account of reductions volunteered by the Directors in April 2020 as a result of the impact of the Coronavirus pandemic.
Salary reductions remain in place for Directors and a number of senior employees and players at rates dependent on underlying salary level.
The RFU Annual Report reveals that its Chief Executive, Bill Sweeney, was remunerated £430k last year, while the emoluments of the WRU’s highest paid director was £398k.
The report also provides details of the fees collected by Directors for sitting on Scottish Rugby’s Board and the Boards of other representative bodies, with Colin Grassie – who stepped down as Chairman in May – picking up £33.8k. His successor, John Jeffrey, was not in post long enough to collect any Scottish Rugby Board fees, but the report details £30k paid to him as Chairman of the Six Nations Council and £33.75k as an Executive Committee Member for World Rugby (fees paid by those bodies). The standard Directors fee for a Scottish Rugby non-executive Board Member is £15.5.29k.
We were told last Friday that the accounts would not be ready in time for part two of this year’s AGM, which is scheduled to take place by video conference next Thursday, and there was little more explanation of this in the Annual Review.
“A third stage of the AGM will be called to discuss our financial performance in 2019-20 and outlook for 2020-21 with our stakeholders in more detail and during which our accounts for 2019-20 will be laid before the clubs,” said Dodson, in his section of the report. “Questions focused on our financial position will be welcomed and specific answers given during that meeting, and afterwards for any that need a more detailed response. We will also publish those questions and answers on the website for any members who are unable to attend.
“Meantime, I would like to reassure you that your Board, Council and Executive continue to work together closely, as we have done throughout, to act in the best interests of Scottish Rugby and its stakeholders and in providing as robust a platform as we can to support future recovery, while dealing with the daily challenges that Covid-19 continues to present.”