The Premier League has agreed to pay its outgoing boss Richard Scudamore £5million over the next three years in recognition of his "outstanding work", the organisation has confirmed.
This farewell gift was first proposed by Chelsea chairman Bruce Buck, a close ally of Scudamore's, but has been widely criticised by supporters, with the Football Supporters' Federation calling it "hugely unpopular".
But club bosses, who are meeting in London on Thursday for a scheduled Premier League shareholders' meeting, have ignored those protests and agreed to the payment.
In a statement, the league said Scudamore's golden handshake was agreed by the audit and remuneration committee, which is chaired by Buck, and will be spread over three years.
They will also depend on the 59-year-old agreeing to a "comprehensive set of non-compete clauses" in terms of the roles he takes on in the future and that he remains available to his successor Susanna Dinnage "in an advisory capacity".
The statement added that the payments are also "in recognition of the outstanding work Richard has carried out over the last 19 years" and the league would like to put on record its thanks for his "exceptional contribution to the success of the league".