Red-faced ECB will SCRAP their much-maligned bonus scheme as executives like Tom Harrison prepare to receive a share of a pot worth £2.1m this month
- The ECB’s bonus scheme was introduced in 2017 to reward senior executives
- However they have had backlash for the incentive that will see £2.1m shared out
- Another round of bonuses will not be sanctioned after the current plan is paid
The ECB will end their culture of awarding bonuses after attracting widespread criticism for the scheme that will see chief executive Tom Harrison and other senior figures share a pot of £2.1million.
Sportsmail has learned that the board will not sanction another round of bonuses after the five-year long-term incentive plan is paid.
The contentious scheme was introduced by the ECB in 2017 to reward executives for delivering their record £1.1billion TV deal with Sky Sports, as well as providing incentives for them to continue working at Lord’s.
ECB chief executive Tom Harrison is among individuals who will receive a share of £2.1million
Some executives who have left the ECB have already received a partial pay-out, while those who remain will be paid in full later this month.
The record-breaking Sky contract was about £200m above the ECB’s initial expectations, according to industry sources.
The deal includes all England’s home internationals and the new Hundred competition.
England took a hammering in the Ashes and the optics of the big bonuses are not good