FA defends chief Bullingham's £1.32m salary

FA defends chief Bullingham's £1.32m salary



Mark Bullingham was named the FA's chief executive in August 2019

  • Published6 minutes ago
  • The Football Association has defended paying chief executive Mark Bullingham £1.32m last year – including a £450,000 bonus - saying he had "met and exceeded robust targets".

    Bullingham is thought to be the highest-paid chief executive of a sports governing body in the UK.

    The 50-year-old's earnings for the year ending July 2024 included a salary of £869,000 and the long-term incentive plan (LTIP) bonus.

    The figure of £1.32m is an increase of more than 55% on the previous year.

    In November, it was revealed Rugby Football Union chief executive Bill Sweeney pocketed £1.1m, after scooping a bonus of £358,000 to go with his salary of £742,000 - despite an operating loss of nearly £40m.

    The FA's annual accounts, published on Tuesday, shows the organisation recorded turnover of £551.2m for the year, up £69.4m on the previous year, and made a net profit of £49.7m.

    In a statement, an FA spokesperson said the turnover was "the equivalent to a FTSE 250 company", so the chief executive's performance-based remuneration package needs to be competitive to "attract and retain high-calibre executives".

    It added: "Mark has led the business to meet and exceed robust and ambitious performance targets on and off the pitch and deliver our 2020-2024 strategic objectives.

    "In order to be competitive, the opportunity to earn a bonus and a long-term incentive plan are important - but payments are only made if performance targets are delivered or exceeded."

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