'Love him or hate he is worth every penny' - Tottenham fans react to staggering new deal
COMMENT By Richard Parks
Daniel Levy has emerged as the top earner at Tottenham after being handed a staggering pay rise – and Spurs fans have delivered mixed verdicts on Twitter.
Spurs’ end-of-year financial results that were released yesterday (Tuesday) reveal that the long-standing chairman 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, and manager Mauricio Pochettino.
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 stunning salary increase comes for the year ending June 2017, in which Tottenham’s annual figures show an astonishing rise in revenues to £306.3million compared with £209.8million the year before.
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This is partly because of Champions League income (£44.6 million), the rise in TV money from the Premier League and higher prize money from finishing second in the league.
Profit after tax was £41.2 million and wages were up by 26 per cent to £126.9 million, 41 per cent of turnover.
Spurs fans delivered some fascinating verdicts on the chairman’s pay packet, with many actually claiming he is well worth such renumeration.
Here is a selection of their messages on Twitter:
— In POCH we trust (@BenHotspur) April 3, 2018
So let’s say he is the best chairman in the league. Let’s also say Toby is the best centre back in the league….. go figure that out…. ????
— Gary Mortishire (@garyakasquid) April 3, 2018
Christ if we actually win a trophy what we looking at? £20m a year?
— Bateseyboy (@Bateseyboy) April 3, 2018
So that’s where our season ticket money is going ????
How come he can double his wages but Toby can’t ?
— Andy K (@AndyTHFC14) April 3, 2018
Levy doesn’t get injured.
— Aaron Pitters (@aaronpitters) April 4, 2018
Bad optics on this one but looks like Poch will be earning more then him to add some perspective plus this also includes performance target bonus around stadium etc. It’s not a flat payout
— D_Spurs (@Dan_Jax) April 3, 2018
The players will be knocking on the door. Seriously he deserves it. Hes stayed true to the Tottenham beliefs and traditions..
— Martyn Asby (@MartynAsby) April 3, 2018
Extremely rare to deliver a capital project as large as the new Lane anywhere near on budget which Levy seems likely to do. If so he’s earned his crust. Good to have a Cambridge economics graduate as Chairman not a charlatan. #COYS
— ???????? Paddy Briggs #FBPE (@PaddyBriggs) April 3, 2018
He’s talked about how he’s essentially running two businesses — i don’t particularly have a problem with him being paid a lot, but it’s quite a sharp jump
— Charles COYS (@charlesrich82) April 3, 2018
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.