Majola asks Cricket SA for a R4m golden parachute

"We're waiting for the CSA to come back to our client to inform us whether they've accepted our settlement offer or not," David told the newspaper.

In March, the Nicholson report found Majola had paid R4.7 million in bonuses to CSA staff without clearance from the board or the remuneration committee, Majola was subsequently suspended. SportLIVE reports that Majola earned about R2 million a year and could walk away with about R4 million if CSA paid him out.

Read the full article on www.sportlive.co.za.