Pretty sure you're right

It's payments (mainly salaries and bonuses) to key personnel.
At one point this would basically have just been the Chief Executive (who was also a director, hence it being the same value as the highest paid director) but since then (after McNally left?) we have added other key personnel to the structure which has increased the figure (now, obviously, it primarily includes Webber).
Presumably the large size in the current accounts would be because of promotion bonuses.

Posted By: mr carra on November 5th 2019 at 15:42:31

Message Thread

One last gem from the Notes (NCFC) - Henclrikus, Nov 5, 11:50:12
- What do you think Note 28 is? (NCFC) - Jim, Nov 5, 14:44:28
  - Emoluments just means salaries, fees and gains earned from employment (NCFC) - Worthing Yellow, Nov 5, 18:43:55
  - I do not know (NCFC) - Henclrikus, Nov 5, 15:31:35
    - Pretty sure you're right (NCFC) - mr carra, Nov 5, 15:42:31
      - Why are they not included with the other staff salaries though? (n/m) (NCFC) - Jim, Nov 5, 15:49:59
        
        They are, but they also have to be disclosed separately (n/m) (NCFC) - mr carra, Nov 5, 15:54:53
        
        the website identifies "Key People" (NCFC) - Henclrikus, Nov 5, 15:59:42
        
        Suspect the accounts version is less fluid if anything (NCFC) - mr carra, Nov 5, 16:04:24
      - The reference to "including directors" is interesting though. Is that normal? (n/m) (NCFC) - Jim, Nov 5, 15:46:43
        
        Yes, it's normal (NCFC) - mr carra, Nov 5, 15:58:05
- Obligation to purchase Amadou ? (n/m) (NCFC) - loz, Nov 5, 11:56:28
  - That wouldn't be an expense, though, so it's not a potential liability (NCFC) - mr carra, Nov 5, 13:05:29
  - Not obligation but probably contingency if we do buy him. (n/m) (NCFC) - Steve in Holland, Nov 5, 12:48:26
  - Are we obliged to buy him though? Think its an option isn't it? (n/m) (NCFC) - Jim, Nov 5, 12:34:05
    - Thought we were obliged if we stay up (n/m) (NCFC) - loz, Nov 5, 12:49:23
      - So that's a no then (NCFC) - FreshBlood, Nov 5, 14:24:19
      - contingent liabilities are supposed to be "likely" events though (n/m) (NCFC) - CWC, Nov 5, 14:14:35
      - Club announcement when we signed him said "an option to buy" (NCFC) - Tricky Hawes, Nov 5, 13:19:14
        
        You'd call it "an agreement to buy" (n/m) (NCFC) - mr carra, Nov 5, 13:29:34
        
        Which means that's not what it is then? (NCFC) - Tricky Hawes, Nov 5, 13:35:33
  - good shout. So just the 15m bonuses? (n/m) (NCFC) - Henclrikus, Nov 5, 12:24:46

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