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Ian Guider: Without Michael O’Leary Ryanair wouldn’t be the success it is, but a €100m bonus is excessive
If Ryanair profits hit €2.2 billion or if the company’s share price remains above €21 for 28 consecutive trading days, then the chief executive’s bonus cashes out for him
Motormouth Ryanair boss Michael O’Leary did a disservice to his achievements last weekend when he attempted to justify a potential €100 million pay day coming his way. He compared his success with that of Manchester City manager Pep Guardiola and Liverpool’s Jurgen Klopp.
By any measure, he told the Daily Telegraph, he’s done more to deserve his pay than the two most successful football managers. The Man City-loving airline tycoon is correct. And unlike Pep ...