Wayne Veysey

Tue 3 April 2018 17:38, UK

COMMENT By Richard Parks

A penny for the thoughts of Toby Alderweireld after Tottenham’s end-of-year financial results were made public today (Tuesday)?

Hidden away in the 47-page document detailing the accounts for the year ending June 2017 is note five explaining the renumeration of the four directors.

The biggest earner, by a long way, is chairman Daniel Levy, who received £6.013 million in 2016-17, more than twice as much as the £2.84 million he was paid the season before

It is equivalent to £115,000-a-week, which catapults the 56-year-old into number one spot in the Spurs pay league ahead of top-earning player Harry Kane, who is on £110,000-a-week salary.

Moreover, the lifelong fan’s salary also lifts him to number one in the boardroom pay stakes as he becomes the highest-paid executive in the Premier League.

The accounts do not state the reason for Levy’s increase but it could reflect bonuses for a record-breaking season in terms of income and be connected with the construction of the club’s new stadium. Ed Woodward, the Manchester United executive vice-chairman, is paid about £3 million a year.

Nice work if you can get it, eh? In the era of Premier League mega-wealth, it’s not just the players and the managers raking it in. Executives can also command staggering salaries, and the uplift in Levy’s pay in a single year is jawdropping.

Given that Alderweireld has been frozen out of the playing squad after refusing to accept the new contract he was offered by Levy, the player is unlikely to be amused by the chairman’s double-your-money deal.

Tottenham, owned by ENIC, of whom Levy is a shareholder, are clearly ready and willing to pay mega-bucks, to those deemed to deserve it.

In other Tottenham transfer news, the club are working on a deal to sign a 29-year-old left footer who would be a sensational signing.

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