COMMENT By Richard Parks
Daniel Levy is a shrewd operator but a generally cautious one.
The Tottenham chairman won’t sanction overspending and will pull out of deals if he thinks his club can’t afford every last penny.
So, Levy’s reported intention to offer Mauricio Pochettino a jawdropping new contract during talks scheduled for this week is, quite frankly, extraordinary.
The Daily Mail claim Levy is preparing to virtually double the Argentine’s current pay packet to £9million-a-year, equivalent to £173,000-a-week.
Pochettino has three years left on his current £5.5million-a-year deal but he is in a strong position to negotiate a massive pay rise.
The Argentine is an intelligent man and knows his own value. Unusually in the world of elite football, he also operates without an agent and personally negotiates on behalf of himself and his backroom staff.
Anyone who can secure a double-your-money deal with Levy has to be pretty smart, although the chairman does not hold all the aces on this occasion.
Pochettino has just steered Tottenham to a third consecutive top-three finish and another campaign in the Champions League while operating on a shoestring budget in comparison to his rival big-six Premier League managers.
Spurs secured a £41million profit in their most recent financial results, and have made a net profit in the transfer market since Pochettino took over in the summer of 2014.
That is great news for accountants and owners, but not necessarily for an ambitious manager whose trophy cabinet remains frustratingly empty.
It appears the Argentine is unwilling to extending the length of his tenure without being seriously backed by the money men, both in terms of holding on to the stars already at the club, and buying new ones.
Who can blame him? He knows he could walk into one of Europe’s leading jobs – Real Madrid, Chelsea, you name it – were he to quit White Hart Lane.
Levy will never cave in to all Pochettino’s demands, but he is astute enough to know he must offer a few lucrative carrots to keep the main man.
By preparing to hand him a deal worth around £70,000-a-week more than star man Harry Kane, this amounts to a huge shift in stance from the chairman.
In other Tottenham news, it has been revealed by a club insider that Spurs are working on sensational deals to sign dazzling duo, and the arrival of a WORLD-CLASS player who would light up the new stadium is also on the cards.