bet365 boss pays herself £265 MILLION

[BoyceyLDN]

https://www.bbc.co.uk/news/business-46289499
https://www.theguardian.com/busines...e-coates-paid-herself-an-obscene-265m-in-2017

Luke Hildyard, a director of the High Pay Centre, said: “Why does someone who is already a billionaire need to take such an obscene amount of money out of their company? It is difficult to find a reason beyond pure greed.

“A payment of this size would be impossible to justify for someone whose business was in unquestionably life-enhancing products or services. It is doubly offensive when awarded to a betting company CEO at a time when problem gambling is spiralling out of control.”

Just wanted GD thoughts on this, is it a case of she earned it so why not? or should there be something in place to stop someone earning so much, i mean i can not think of a reason she can justify her salary, even if you took a 0 of the end and it was 26.5 million that is more money than most will earn in their lifetime.

 

[BoyceyLDN]

I really hate stories like this....



Is she performing? Yes. Are they continuing to grow? Yes. Did what I presume is a board sign off on this? Almost certainly.

It's their business, simple. Nothing but jealousy drives debates/stories like this. And yes of course it's an obscene amount of money.

Just wanted to point out i'm not jealous (well a lil bit because who wouldn't want that money lol but not in a envy way) was just curious to see others views. Part of me is like good luck to her, part of me is like should she be giving more back perhaps? Not sure what the answer is.

 

[BoyceyLDN]

Back to who?

Charity, Tax, Helping people with Gambling additions etc