Menu
Finance

Huddersfield Town Players Will Share Bonus Pool Of £4M After Securing Promotion

Huddersfield Town players will "receive a bonus pool" of £4M ($5.2M) to share between them as a "reward for the club winning promotion to the Premier League for the first time," according to Matt Hughes of the LONDON TIMES. The club is "expected to make at least" £185M ($238.2M) over the next four years after beating Reading in penalties in the League Championship playoff final to "secure a return to the top flight for the first time in 45 years." Huddersfield Town Owner Dean Hoyle will "immediately pass on a significant percentage to the players as part of a bonus scheme agreed last summer." The bonus pool is worth "over a third of the club's wage bill for this season" and is "likely to lead to some players doubling their salaries for the year." The £4M pot will be "distributed according to the number of appearances made throughout Huddersfield's 46-match league campaign" plus three playoff games. Huddersfield used 25 players in league play, and if they had made an equal number of appearances they would each receive £160,000 ($206,000). Huddersfield's bonus scheme is "comparable to that of leading Premier League clubs and far more generous considering the size of the club, which has a turnover" of £13M ($16.7M). In comparison, Chelsea players "shared a pot" of £5M ($6.4M) for winning the Premier League, while ManU paid its squad a £1M ($1.3M) bonus for winning the Europa League. Huddersfield Manager David Wagner is also "set to cash in, with the club preparing to offer him a new contract" worth more than £2M ($2.6M) a year (LONDON TIMES, 5/31).

SBJ Morning Buzzcast: May 17, 2024

Brazil's big win; Leonsis looks for scale; breaking down the big categories for Sports Business Awards and remembering Eddie Gossage

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2017/06/01/Finance/Huddersfield.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2017/06/01/Finance/Huddersfield.aspx

CLOSE