In its report, Freshfields said: "Based on our review and analysis of the relevant documentation, our interviews with key stakeholders and our consideration of the wider contextual background, we consider that the process for the design and implementation of the LTIP was robust and the structure was sufficiently tested against the RFU's objectives, governance standards, stakeholder expectations and best practice.".
The report, commissioned by the RFU and carried out by law firm Freshfields, said: "In our view the LTIP was an appropriate remuneration structure for the RFU to introduce in 2021, given the RFU's objectives at that time".
Responding to the report, RFU president Rob Udwin said: "We are pleased the report from Freshfields recognised the design and implementation of an LTiP and its vesting were appropriate in the circumstances.
An independent review has concluded that a scheme which saw Rugby Football Union chief executive Bill Sweeney and other executives receive sizeable bonuses was "an appropriate renumeration structure".
But a special general meeting of the RFU will take place on 27 March, at which Sweeney will face calls for his removal from rebel clubs angered by the bonus and pay outcry that has engulfed Twickenham since last November.
