Connect with us

Hi, what are you looking for?

Pictures

FIFA President Infantino Signs Contract, to Earn $1.5M Salary Annually

Newly elected FIFA President Gianni Infantino gives a thumb up as he arrrives for a news conference during the Extraordinary FIFA Congress in Zurich, Switzerland February 26, 2016. Swiss football executive Gianni Infantino vowed on Friday to lead FIFA, the sport's world governing body, out of years of corruption and scandal after being elected president to succeed Sepp Blatter. REUTERS/Ruben Sprich TPX IMAGES OF THE DAY

ZURICH — FIFA President Gianni Infantino has agreed an annual salary of 1.5 million Swiss francs ($1.53 million) with no bonus in 2016.

FIFA says Infantino also receives a chauffeured car, lodgings paid, plus monthly expenses of 2,000 Swiss francs ($2,040), in the contract signed Wednesday. He will be eligible for a bonus in 2017 under a new FIFA compensation policy.

The deal backdated to February, ends a dispute that saw former FIFA audit panel chairman Domenico Scala resign in protest.

Infantino had described as “insulting” Scala’s offer of around 2 million Swiss francs ($2.04 million) and no bonus.

FIFA’s former president and secretary general, Sepp Blatter and Jerome Valcke, got bonuses of at least $10 million for each World Cup. Their basic salaries were around $3 million and $2 million, respectively.

Read more

__________

Follow us on Twitter at @thesignalng

Copyright 2015 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

Sports

Morocco, Spain and Portugal have been named hosts of the 2030 soccer World Cup, while Uruguay, Argentina and Paraguay will host the opening matches...

Sports

Gianni Infantino has been reelected as FIFA president during the 73rd Congress in Kigali, Rwanda, on Thursday. Infantino stood unopposed, making his reelection as...

Pictures

FIFA has approved Leicester City winger Ademola Lookman changing his nationality to represent Nigeria instead of England, world soccer’s governing body said Thursday. Lookman,...

News

Bayern Munich’s record-setting striker Robert Lewandowski retained FIFA’s top men’s player title Monday at “The Best” of 2021 ceremony as Barcelona captain Alexia Putellas...

Copyright ©