Outgoing executive chairman Richard Scudamore will receive a £5m farewell bonus paid by clubs, the Premier League has confirmed.
Scudamore will receive the payment over a three-year period “in recognition of his outstanding work”. He will remain with the Premier League in an advisory capacity.
Scudamore – who reportedly earns £2.5m per season, is retiring form the role on December after 19 years at the organisation.
All 20 Premier League clubs were asked by Chelsea chairman Bruce Buck for a £250,000 contribution, something which fans “strongly opposed”.
On Tuesday, the Premier League announced that Susanna Dinnage will be its new chief executive.
While Premier League clubs have agreed in principle to introduce Video Assistant Referees (VAR) to the competition in the 2019/20 season.
The Premier League’s non-live testing programme will remain in place for the rest of this season, with a continued emphasis on those Saturday afternoons which have several matches being played concurrently, and developing a clear protocol for communicating VAR decisions to fans.
The League will now formally make a request to the International Football Association Board and FIFA to use VAR next season.