Not a good look. I wonder did he go because this was going to come to light?
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Needs a detailed breakdown from Tubs as to exactly what services he supplied to Renault for this extra money. If whatever he did was completely in his own time and completely separate from RTÉ that would be ok. But if he did any promo work associated with his working life in RTÉ, either casual mentions or on RTÉ working hours, then there are significant issues for RTÉ, potential loss of revenue etc. One suspects there’s a right can of worms in this and various parties involved may be straining to keep the lid from popping.
It really goes to show what a canny operator Tubs is, in that he absolutely knew how to protect his income through both getting guarantees and this exit clause.
But sure Tubs probably didn't know ... 🤭🤭🤭🤭
The original title of this thread was
"Tubs on the take?"
I think it was a beaut....
It's presumably a provision sought to ensure that a contract is renewed on favourable terms.
Say tubs had managed to negotiate an exit fee of say €2m during the good times that really puts him in a position of enormous strength when it comes to renegotiate terms. I suspect that the exit fee must have been huge since rte were running scared of losing him/triggering it and would have caused them great difficulty if they had to pay it.
Hopefully they will explore the exit clause tomorrow at committee.
Did he breach his contract when he stepped down from LLS?
You have a substantial point there. The whole thing stinks to a similar degree as the JD debacle, granted with some significant differences. And look what's actually happened there since. Very little. Are we still waiting on a report?
There are so many things that have happened her even since the news broke that are a disgrace!
No idea, but it's likely very dodgy.
I believe he was paid from the bank account of "Grubby little payments limited".
How was it being handled when Renault were involved? Was NK invoicing Renault then? And collecting VAT?
It requires the very dedicated to continue here… fair dues to his sets 😁
I suppose the lack of clarity is a clarity in itself about how even more shambolic this will turn out to be.
It was in the report that NK invoiced RTE when Renault ended the sponsorship, but it was paid through the barter account to hide it.
Where are the defenders?
The 17k balance may have been the brokerage fee. Possibly?
Don't blame it on the sunshine
Don't blame it on the moonlight
Don't blame it on the good times
Blame it on the DG
He has a right to be paid for his contract unless someone can show how he has broken the terms of that contract, and thats not going to happen.
You cant accuse him of breaching a contract because the terms of that contract hid his earnings from a third party (the public) at the behest of the person offering the contract.
Tubs is guilt of a lot of things, but none of them are valid reasons for RTE to terminate his contract.
Renault write off €75k in paying this money to Tubs, reduces corporation tax bill. Tubs gets €75k or part of after agent fees and pays tax on it, hopefully for him. Who writes the invoice to Renault and presumably charges and collects VAT on it. Tubs doesn’t invoice them, the money just comes his way from RTÉ. So RTÉ must be invoicing/ credit noting and are they not liable for tax on this? The whole practice stinks.
You’d have assumed that nearly a week into this mess, there would start by some clarity, but the statement from Dee Forbes and the Rte statement, it’s more confusing.
People talking about Top 10 earners in RTE.
We need to look into the Top 100.
The ordinary employees in there would back that up.
They'd get it wrong.
Also what is this Exit Fee when a contract finishes? It's a contract and it ends and you either renew it or say goodbye
RTE absolutely rotten to the core that someone is getting these sweetheart deals
I remember a favourite line of Dunphy's at the time of the 2008 financial crash was "the Taoiseach earns more than President of the United States". The fact that he himself was getting more than a Taoiseach's salary from RTE for a bit of punditry didn't seem to bother him too much though.
Deflect, deflect, deflect.
did you even listen to the podcasts?
Yes and Renault could pull out after a year whilst RTE guaranteed the payments for 5 years
Hi NK.
There won't be. Somebody needs to doorstep him and ask the questions that need to be asked.
Yep, it's happened a few times. The Labour Senator on VM, who is also on the PAC - didn't know the name of the RTE Chair - Siún Ní Raghallaigh - and referred to her a couple of times as Siofra, before she was corrected. The other politico on VM - FG's John "Twix" McGahon - gave some boilerplate tough talk about calling them all in.
Politicians are loving this. Everyone is singing from the same hymn sheet and they can stick it to RTE all day long - and the day after that as well.
Actually a serious question has RT salary decreased now he is not on the LLS. How much was for 2 hours on a Friday and 5 hours for the radio. Both he does not do for 52 weeks
Dearbhail McDonald will instead take over.
I wonder who her agent is...he says knowingly
- Renault sponsor RT for a few appearances or whatever for 75k pa.
- RTE give Renault a credit note so that Renault get free advertising, i.e., they "sponsor" RT for zero cost.
- That means RTE is actually paying RT the 75k.
BUT WAIT, THERE'S MORE!!!!!
- RTE for some fcuking bizarre reason also pay for hospitality expenses for Renault
- RTE also pays agents fee and barter accounts fees to pay RT 75k but pretend Renault is paying
- This costs RTE tens of thousands so they can pretend RT got a pay cut.
Now, I'm sure there's some perfectly innocent and reasonable explanation for this. Just let me figure it out.
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