“PETER LAWWELL, the Celtic chief executive, had a £3.55 million pay packet in 2018/19, more than the total wage bill for all staff at Partick, Kilmarnock and Dundee,” The Price of Football has tweeted this morning.
Peter Lawwell, the Celtic chief executive, had a £3.55 million pay packet in 2018/19, more than the total wage bill for all staff at Partick, Kilmarnock and Dundee pic.twitter.com/E4JOyMTto0
— PriceOfFootball (@KieranMaguire) November 2, 2019
One of the supporter comments below the tweet made this point. “And his wages are then 6% of the total wage bill. Are there any other CEs in World Football who take up as a high a portion of the total wage bill? No doubt Celtic are well run but they are underperforming.”
To be fair the £3.55 million includes the HUGE bonus he received at the end of 2018, but it’s still income.
If we go back to this time last year we can check on the total income Lawwell has earned at Celtic, then add this latest £3.55million to get an accurate figure for the money that Peter Lawwell has earned at Celtic.
Here’s a tweet from Price of Football from last year – 29 October 2018 – for you to consider…”Since joining Celtic in October 2003 CEO Peter Lawwell has earned £11,320,000 from the club. Pay rose from £166,000 for the period to June 2004 to £1,167,000 last year.”
Since joining Celtic in October 2003 CEO Peter Lawwell has earned £11,320,000 from the club. Pay rose from £166,000 for the period to June 2004 to £1,167,000 last year. #CelticFC pic.twitter.com/oLqyrr3h4W
— PriceOfFootball (@KieranMaguire) October 29, 2018
So if we add the two sums together, we get £11,320,000 PLUS £3,550,000 to give us a grand total of £14,870,000.
Meanwhile across the city, the Rangers last night released their accounts that were so scary for their support that they really should have released these shocking figures on Halloween. We covered this earlier today on The Celtic Star, see below…
The Rangers Losses since 2012, £65.2m and all they’ve got to show for it is a Petrofac Cup!
