Shareholders' Committee Proposes Increase: Varandas Can Earn up to 890,000 Euros
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The proposal to increase the income of Frederico Varandas will be submitted to the General Assembly of the SAD of Sporting on 26 October. Fixed value rises from 300 to 356,000 euros, an increase of 18.7%
The Shareholders' Committee of Sporting SAD will propose 18.7% increase in the remuneration of the Chairman of the Board of Directors, Frederico Varandas, in a General Assembly (AG) on 26 October, announced today the 'lions', of the I Football League.
Proposal for an increase for this time of year will be discussed in shareholders' general meeting.
In addition to the possible difference of EUR 140,000 in the president's gross salary, Sporting SAD suggested a salary review for executive managers.
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