This is the current salary situation of Luis Rubiales in the RFEF

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Last week we announced that World of sports Yes Luis Rubialespresident of RFEF, entered last year 2021 with a total payment of 634,518.19 euros. In net terms, this represents a total of 393,327.12 euros. This was stated by the transparency portal of the federative body itself.

The income derived from the new compensation situation that the head of federal property has had since Oct. 26, 2020 and that, as can be seen in the minutes of the Assembly held that day, will take effect in the next three years. That is, until the end of 2023.

First payment in May 2018

Months after his arrival in the presidency RFEF In May 2018, the first Assembly as head of the federal estate. At the same time, this body supported the proposal for the remuneration to be received as president of the institution. At the same, and so it was recorded in minutes, it was approved Luis Rubiales receive a fixed amount of 160,000 euros gross per year and a variable remuneration conditional on income from sponsorships, consisting of 0.6% of such income, although with a maximum maximum limit of 0.175% of the owner’s own income company. RFEF. This variable pay will also be reduced, and as recorded in the same minute, proportionally, up to 10% of the total total salary, if Luis Rubiales received other salary income from international federations. It was also agreed that the salary compensation would be paid in full from the company’s own income. RFEF and, in accordance with the agreement of the General Assembly of the year 1989 including Angel Maria Villar as president, he made himself the president of RFEF a dwelling, as long as he has a habitual dwelling outside of community of Madrid.

The new salary scenario currently being implemented

Compensation situation implemented until the aforementioned Assembly in October 2020. The first after his re -election as president for the next Olympic cycle until 2024.

At the meeting, the members present approved the new situation Luis Rubiales until the end of this new mandate.

In this new scenario, Luis Rubiales It goes through maintaining the same fixed amount approved by the General Assembly of 2018 (160,000 euros gross), which is updated annually using the annual CPI, and a variable compensation of 0.15% of total annual liquidated income, excluding public subsidies. is the treasurer Eduardo Bandres who worried that in the previous remuneration agreement there was a total limit of 0.175% and now it has been lowered to 0.15% and separate from revenue related to sponsorship or marketing operations. Also, it was decided to keep the housing assistance, which was approved by an Assembly in 1989, setting the amount corresponding to December 31, 2019, without any annual increase.

Source: La Verdad

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