Friday, April 15, 2011

London Marathon director was paid almost �250,000 last year

Sum understood to have been paid to Dave Bedford is thought to be one of charity sector's most lucrative pay deals

Tens of thousands of runners will slog around the London Marathon course on Sunday in search of glory and hoping to raise huge sums for charity. But one person is already a guaranteed winner.

The organisation behind the marathon last year paid one of its employees almost �250,000, accounts show.

The London Marathon refuses to identify the individual. But it is understood to be former 10,000m world record-holder Dave Bedford, who is the race director.

Accounts for the London Marathon Charitable Trust ? which owns the body that organises the race ? reveal that in the year to last September, one of its staff received between �240,000 and �250,000. The company refused to comment.

The huge sum is thought to be one of the most lucrative pay deals anywhere in the UK charitable sector, although the company behind the marathon is a relatively small organisation with a turnover of less than �20m. It eclipses the pay received by the heads of some of Britain's largest and best-known charities.

The most recent accounts for Oxfam show its chief executive received less than �120,000. The highest-paid employee of the RSPCA got less than �110,000. Cancer Research, whose turnover last year was more than �500m, paid its chief executive between �220,000 and �230,000 ? still less than the sum handed out by the London marathon to its top employee.

Research by the Association of Chief Executives of Voluntary Organisations (Acevo) last year found that the median salary for bosses of charities with turnover between �15m and �25m was �86,000.

Peter Kyle, acting chief executive of Acevo, said: "A salary of more than �240,000 would be right at the very top of the scale. But I could see how they [the London marathon] would need someone with a very specific set of skills. It does take a very particular type of person who can head up an organisation like that."

Last year, the turnover of the company that organises the marathon rose to �19.1m from �17.8m the year before. Its 2010 profit of �4.6m was given to the marathon charity, which hands out grants to support sports, leisure and recreation activities in London. The remaining �14.5m was swallowed up in costs ? including the enormous payment to its best-paid employee.

More than 36,000 runners are expected to take part in Sunday's event.

Bedford announced last year that he is to stand down as race director. Next year he will work as joint race director with Hugh Brasher, whose father Chris was co-founder of the London Marathon. Brasher will become sole race director in 2013.

Bedford, famed for his droopy moustache and red socks when he was at the peak of his running career in the 1970s, has quit as manager of the London 2012 Olympic marathon after falling out with the organisers of the Games.


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Source: http://www.guardian.co.uk/sport/2011/apr/15/london-marathon-director-dave-bedford

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