‘Daniel Levy could take pay cut as unexpected Tottenham deal agreed’
Tottenham chairman Daniel Levy has come under fire in recent months following the club’s lack of spending and on-field issues.
Ange Postecoglou is facing sack pressure in north London, with his side currently sitting 16th in the Premier League table heading into the final few weeks of the campaign.
Spurs have confirmed the appointment of Vinai Venkatesham, who will take up the role of CEO at the Tottenham Hotspur Stadium this summer.
The experienced chief previously spent four years working as Arsenal’s CEO between 2020 and 2024.
Following the appointment, Levy said: “I have known Vinai for many years, having worked together in the Premier League and the ECA [European Club Association]. I am personally delighted that he has agreed to join our board as we build for success.”
Finance expert Stefan Borson exclusively told Football Insider Levy could be set to take a pay cut following Venkatesham’s arrival this summer.
Levy took a £2.9million pay cut last season after his annual salary dropped from £6.6million in 2022-23 to £3.7million.
Spurs’ overall wage bill fell from £251million to £222million in 2023-24, while their revenue slipped from £549.6million to £528.2million across the same period.
Tottenham are well placed after confirmed news
Borson insisted Tottenham are well placed from a football administrative perspective following Venkatesham’s appointment.
He told Football Insider: “He seems to have a great reputation from Arsenal.
“I don’t know the situation as to why he ended up leaving. It was a bit of an odd one because he’s not of an age where you would think he’d be moving on. He’s a very experienced guy.
“It looks like he’s been on gardening leave for quite a while because you would have thought that Tottenham would have been speaking to him pretty quickly after he left Arsenal once they became aware of his availability.
“I think it’s going to be interesting to see what happens to Daniel Levy’s pay in this situation because while he’s an executive chairman doing all of the CEO-type functions, that justifies one salary.
“But once he’s executive chairman and there’s also a CEO alongside him, if that is going to be the case, then it might be interesting to see whether Daniel Levy can justify the same level of salary.
“The new CEO is going to come in and earn a commensurate salary for a CEO of a major Premier League club, which we know these days can be anything up to £2-2.5million.
“I would think they’re not going to pay for two £2.5million salaries, that’s for sure. It’s going to be interesting to see what happens there, but I think it’s a very good hire.
“He’s going to bring a lot of knowledge from Arsenal that’s locked away in his head. I think it’s going to make Tottenham very well placed from a kind of football administration perspective.
“However, does that mean that they can outperform their spending, particularly on wages? That still remains the question.”
| Position | Team | Played | Points | GD |
| 8 | Bournemouth | 33 | 49 | 12 |
| 9 | Fulham | 33 | 48 | 3 |
| 10 | Brighton | 33 | 48 | 0 |
| 11 | Brentford | 33 | 46 | 6 |
| 12 | Crystal Palace | 33 | 44 | -4 |
| 13 | Everton | 33 | 38 | -6 |
| 14 | Man United | 33 | 38 | -8 |
| 15 | Wolves | 33 | 38 | -13 |
| 16 | Tottenham | 33 | 37 | 10 |
Bournemouth make move to stop Andoni Iraola joining Tottenham
Football Insider revealed on 18 April Andoni Iraola has been offered a new Bournemouh contract as they look to prevent him from joining Tottenham.
Postecoglou is on borrowed time at Spurs despite reaching the Europa League semi-finals this season, where they will face Bodo/Glimt across two legs.
Meanwhile, Bournemouth currently sit eighth in the Premier League table following their strong campaign under Iraola.
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