Sky paid former chief exec Ball £13.1m in final year

LONDON – Tony Ball, the former BSkyB chief executive, received a total of £13.1m in in pay, bonuses and benefits in his final year at the satellite broadcaster.

The figures released in Sky's annual report show his pay-off amounted to £10.7m in a 'golden goodbye', adding to his basic annual salary of £717,000.

Ball, who stepped down as chief executive last November after an alleged row with Rupert Murdoch over the direction of the company, also retained almost £80,000 worth of assets including a car and audio-visual equipment.

As part of the pay-off deal Ball is not allowed to work for any free or pay-TV broadcaster for two years and he cannot bid in the next round of Premier League Rights in 2006.

The annual report also revealed that Ball's successor, James Murdoch, received a bonus of £850,000 and an overall salary of £1.47m for eight months in his role as chief executive.

BskyB shareholders, who reacted angrily to an incentive plan in 2001 offering Ball more than £7m and finance director Martin Stewart £3.5m, are likely to be outraged by the latest figures.

Only last week, Jacques Nasser, chairman of the remuneration committee, insisted the company would not be issuing large bonuses to its executives. "Guaranteed bonuses were a thing of the past," he told investors.

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