Cardiff City Owner Vincent Tan To Be Quizzed By EPL Over Player Bonus Promise
EPL side Cardiff City Owner Vincent Tan "could face questions from the Premier League" after reports emerged that he offered the players an additional £3.7M ($6.1M) financial bonus "should they avoid relegation this season," according to Jack de Menezes of the London INDEPENDENT. Premier League regulations state that any performance-based bonuses such as a relegation avoidance payment "must be officially lodged before the start of the season, with personal benefits needing to be written into a player’s contract." A Premier League ruling states, “Full details of a player's remuneration including all benefits to which he is entitled whether in cash or in kind shall be set out in his contract. The terms of a contract between a club and a player shall be strictly adhered to” (INDEPENDENT, 3/4). REUTERS' Alan Baldwin reported newspapers quoted a Tan spokesperson as saying that the offer "had been a mistake." The spokesperson said, "We didn't realize it was against regulations. Vincent Tan has now rescinded the offer" (REUTERS, 3/3).