By Wayne Veysey
Tottenham chairman Daniel Levy had his pay slashed in half from more than £6million to just over £3million, according to the club’s newly-published financial results analysed by Football Insider.
In their yearly financial results, the north Londoners announced a world-record profit of £113million as their revenue jumped to £380million for the 12 months ending 30 June 2018.
Yet it has emerged less than 24 hours after the unveiling of the club’s magnificent new stadium that Levy, who was the driving force of the project, has seen his own remuneration markedly reduced.
The detail on page 20 of Tottenham’s full accounts does not stretch beyond simply the “total remuneration” of the “highest paid director” at £3.013 million – a cut of £3m from his £6.013m pay in 2016-17.
A Tottenham source said that figure did not only include Levy’s annual wage but also a back-dated pay-rise and various performance bonuses, of which some were also back-dated.
Despite his year-on-year pay drop, the long-standing chairman’s salary still makes him the highest paid executive in the Premier League, ahead of Manchester United vice-chairman Ed Woodward.
In other Tottenham transfer news, it can be REVEALED the club have made a £50million move to sign a 26-year-old.