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Why Fred’s Big Pension Is Okay

Ronny cries all the way to Nat West

Ronny cries all the way to Nat West

The press has been in a lather about Fred’s pension recently - and to be fair, the revelations that his pension isn’t just £600k, £650k, or even the figure I’ve given of £693k, but actually tips the scales at a humongous £703,000 – which is sufficient to make even the most steadfast of editors to self-righteously foam at the mouth. I’ll admit I did a bit of foaming too, but it’s all just jealousy really. I’d have a bit of that if I could.

Anyway, to put it into perspective – the oily footballer Ronaldo has been offered £200k a week salary – so Fred’s annual pension is roughly three and half weeks pay for the Portuguese international. The difference, as my mate Kev says, is Ronaldo hasn’t lost anyone twenty-four billion pounds. Still, £200k a week for falling over is good money by anyone’s standards.

Postscript. It appears Sir Fred is getting ten grand for doing eff-all for about about a month. This has got Wapping beating their collective bishops again, barking out headlines of outrage and contempt like he’s done something wrong. So what guys? It’s the system you wanted. Just saying, like.

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