Date: 4th April 2018 at 12:58pm
Written by:

The revelation in this morning’s Times is that Daniel Levy’s pay rise has supposedly put the cat amongst the player pigeons.

I’m always concerned when it comes to publications with paywalls, they’re are rather like hookers under street lights. They show just enough to get one interested, but the prospective purchase isn’t exactly as one might view in a car showroom; every inch bathed in light. The Sun went through an appalling phase of football transfer rumours when behind its wall. Unless I messed ‘Messi’s Coming To London’, they went as close as they dared.

Pay restraint for some, but not for one; is what The Times are suggesting lies behind the angst.



Gladys believes that there is no discontent amongst the players.

Yes, they were ‘stunned’ but the initial reaction from most of them wasn’t so ‘so where’s mine?’, as ‘what a boy!’

In a business where only a handful of ‘staff’ are drenched in most of the money and just about everyone else is earning buttons – comparatively speaking. If Levy gatecrashing the Big Boys Bank Balance Club was greeted with anything by the squad, it was an ironic cheer.

Glad understands that The Times hasn’t spoken to any players at all. In fact, they have got their reaction from a football agent.

So don’t look to the dressing room for signs of revolt, you won’t see much. The group on the whole are genuinely happy. Levy up to his larynx in lolly isn’t enough to suddenly provoke mutiny.

The agent that spoke to the Times will be typical.

‘Don’t tell me there’s no money, you earn more than Harry Kane. You are disrespecting my client and trying to get him on the cheap!’

THIS is going to be the hangover from ENIC overpaying it’s chairman. At what point does Levy’s ‘Employee Of The Month’ badge look ridiculous? Id the answer, when you realise he’s the second biggest shareholder in the company?

The damage caused with this pay rise going public is going to dog every single future deal Levy ever does.

Recently the bald weirdo took back in-house the search for a sponsor, because the accredited experts in the field couldn’t secure the deal HE wanted.

Do ENIC think that Levy now going face to face with potential sponsors is going to make no difference at all?

It was precisely this unchecked arrogance that blew up in his face when he bungled the NFL discussion in New York.

 
Comments
  • Harry Hotspur April 4, 2018 at 4:16 pm

    Accy

    Levy UK; the official catering partner have a number of exciting casual work opportunities across culinary, hospitality and retail.


    If you are interested, please register the interest at http://www.levyeventjobs.co.uk/spursnewstadium

    I have added all your email addresses, boys.

    Good luck!

  • Harry Hotspur April 4, 2018 at 4:14 pm

    Grant

    You mean you block people who disagree with you.

    No, I block arseholes.

    I think most of my readers don’t agree with much of what I say. Because it’s secondary to the nonsense we all create here.

    The arseholes are the ones that become fixated with bawling about free speech and how dare I this that or the other…

    I asked you to substantiate something dumb you said and you deflected.

    You’re at a crossroads Grant. Are you heading along the path of joining in like a ‘normal’ human being, or are you heading along the path of, ‘this place is shit and I am not alone in knowing this to be true!’ fucking madness.

    All yours, pal. Take that first step.

  • SpurAndy 🍒π April 4, 2018 at 4:07 pm

    I think Levy has just had one of these. Four is my fav followed by 5.
    https://youtu.be/WFUxA4I1tno

    • AntSpurs April 4, 2018 at 4:12 pm

      Hahaha, they’re all brilliant but no1 really creased me up 😂😂😂

  • 61SpursNut🌰 April 4, 2018 at 3:54 pm

    RIP Ray Wilkins.

    • Harry Hotspur April 4, 2018 at 4:15 pm

      Snuffed it?

      • 61SpursNut🌰 April 4, 2018 at 5:31 pm

        Pwopa!

        • Harry Hotspur April 4, 2018 at 5:39 pm

          Not arf great mate

  • Accy April 4, 2018 at 3:43 pm

    gloster1861
    Unless he is domiciled overseas. Probably not.
    I’m surprised he doesn’t have his own company to which he is an employee, then the money from THFC to Levy Ltd would be corporation tax level of 19 per cent. He’d have to pay income tax on whatever he paid himself from his own company, but he could take a proportion as director’s borrowings and various other ways.

    He does have a subsidiary called Levy UK – it’s hiring, currently if anyone is interested.

    http://www.loveyourdoorstep.co.uk/jobs-in-enfield

    Also, he lives a 20minute drive from me, so don’t think domiciled elsewhere.

    • Accy April 4, 2018 at 3:43 pm

      (Sorry, scroll down to bottom of page)

      • Accy April 4, 2018 at 3:44 pm

        Levy UK; the official catering partner have a number of exciting casual work opportunities across culinary, hospitality and retail.

        If you are interested, please register the interest at http://www.levyeventjobs.co.uk/spursnewstadium

  • Gus April 4, 2018 at 3:17 pm

    Freund or Foe
    No, we never get that info. But here’s what he has been earning:
    2012- 2.2mil
    2013- 1.658mil
    2014- 2.166mil
    2015- 2.61mil
    2016- 2.843mil
    2017- 6.013mil
    THFC had an even bigger profit in 2014, 65mil compared to the 41mil in 2017, but there was no such jump in earnings back then.

    That is a massive wage hike right there

    • UnkleTaff April 4, 2018 at 3:42 pm

      Not necessarily. If he’s been “underpaid” for any (or all) of the previous five seasons (as has been suggested) then the latest payment could largely be addressing that.

      • Ronan April 4, 2018 at 3:47 pm
      • Freund or Foe April 4, 2018 at 3:48 pm

        Why would he be underpaid? We’ve been in good profit for that entire period, why would we need to underpay him? And if that’s the case and he’s been happy to wait for his full salary/bonuses etc, for whatever reason, then why the hell couldn’t he continue to wait? The timing is fucking dreadful.
        I’d be much more understanding of a 5-10mil bonus for delivering the stadium, once it has been delivered. Which it hasn’t.

        • UnkleTaff April 4, 2018 at 3:54 pm

          By “underpaid” (in inverted commas) I was simply referring to the backpay this figure is supposed to contain.

          It’s a shitload of money whichever way you dice it up.

          • Freund or Foe April 4, 2018 at 3:59 pm

            I don’t know how anyone can know what the extra money is for, you won’t find that info in the accounts. Unless it’s a very high level leak, I’d suggest it’s all guesswork.

            • UnkleTaff April 4, 2018 at 4:04 pm

              …which is one of the reasons I’m not getting worked up about it. Another reason being I really couldn’t give a toss either way. If players started using it as an excuse to jump ship then I might. But until that happens…

              • Freund or Foe April 4, 2018 at 4:13 pm

  • Hotspur April 4, 2018 at 3:16 pm

    Go on H! Love the videos mate. Agree with you in Toby… how old was Maldini still playing at highest level? Not saying he’s Maldini but if anyone could reach those heights…

    • Harry Hotspur April 4, 2018 at 4:41 pm

      👍

  • UnkleTaff April 4, 2018 at 2:46 pm

    Apparently Sunderland have spent more than three times more on agents’ fees than they have on new signings since the closure of the January 2017 transfer window.

    Figures released by the FA show that Sunderland splashed out £4.37m on intermediary and agents’ fees, yet despite the outlay for agents, they’ve spent just £1.25m on players in the last two transfer windows – summer 2017 and January 2018.

    • ronwol196061🇨🇦🕎⚽🎷🎥 April 4, 2018 at 2:54 pm

      Sounds a bit iffy

    • Caspurs♿️ April 4, 2018 at 2:58 pm

      What I don’t get is why clubs still pay the agent who’s representing the player, shirley that should be the responsibility of the player not the club.

      • Freund or Foe April 4, 2018 at 3:01 pm

        I think them’s the laws Cas. Clubs have to pay agents through an FA clearing house, not directly.

        • Caspurs♿️ April 4, 2018 at 3:24 pm

          Interesting, I’ve not heard that before, surely there’s a conflict of interest in representing both sides?

          • AntSpurs April 4, 2018 at 3:32 pm

            That’s what all middlemen do Cas. Recruitment agents being a prime example. They charge the employer and not the jobseeker.

          • SpurAndy 🍒π April 4, 2018 at 3:36 pm

            Yep FoF’s correct but who’s to know that brown envelopes aren’t still involved.

            • AntSpurs April 4, 2018 at 3:43 pm

              Oh there is for sures, if it’s not cash, it’s holiday vouchers, exclusive VIP memberships, luncheon vouchers etc.

  • Catcher April 4, 2018 at 2:45 pm

    Levy deserves every penny of it , just look at where we are now, anyone thinks otherwise is La La

  • Camus April 4, 2018 at 2:44 pm

    Have the press found the story that knocks the wind out of our sails just in time for the PL run-in and the FA Cup semi?

    Stay tuned.

    • AntSpurs April 4, 2018 at 3:11 pm

      Hahaha. True True.

  • ronwol196061🇨🇦🕎⚽🎷🎥 April 4, 2018 at 2:21 pm

    Levy makes his bed he is going to have to live with it

    • mattspurs April 4, 2018 at 2:22 pm

      or lie in it even

      • ronwol196061🇨🇦🕎⚽🎷🎥 April 4, 2018 at 2:53 pm

        Possible

    • ronwol196061🇨🇦🕎⚽🎷🎥 April 4, 2018 at 2:22 pm

      The Tottenham market will speak.
      The players perception of the club will speak

  • Caspurs♿️ April 4, 2018 at 2:14 pm

    R.I.P Ray Wilkins, a gentleman in the football world.

    • Bruxie April 4, 2018 at 2:21 pm

      Well said.

    • Still Nil Nil April 4, 2018 at 2:21 pm

      Yeah he was.
      RIP Ray

    • mattspurs April 4, 2018 at 2:24 pm
    • AntSpurs April 4, 2018 at 2:24 pm

      Played for Mr Wilkins footie team Senrab in Bethnal Green – He was a gent – RIP Ray.

  • Dan Pink April 4, 2018 at 2:04 pm

    Fair play to Levy I bet it’s performance related both on and off the pitch

  • Ray April 4, 2018 at 2:04 pm

    Every week the nonces in the press write another anti THFC story. So what if Levy gets £6M a year. He is the fucking CEO and the architect of the club going forward. The club is in great shape because of him and ENIC. When THFC was on the brink of obscurity, ENIC and Levy took over and bailed us out. We could have had Sam Hamman instead and the club would definitely have been extinct by now because that bastard would not only have sold the club but the land it stands on. Spurs would have been no more. It appears that some people live just to moan and groan about Levy and Spurs, get a life.

    • Freund or Foe April 4, 2018 at 2:10 pm

      I don’t begrudge him earning good money, I don’t even begrudge him being the highest paid chairman, I see the progress we have made in the last 5 odd years as much more impressive than any other club, given where we came from. It’s the more than doubling of his earnings, whereas caution is taken with player salaries, that has got my goat. He should be setting an example, not using different rules for himself than for others.

      • AntSpurs April 4, 2018 at 2:20 pm

        Indeed, if the players are happy, the fans are not being priced out or being squeezed for every penny, if he hasn’t been talking about austerity and huge debt etc then fine. It’s not as if he can’t take it later. The timing is incredibly poor. All for 1 and 1 for all and all that. He could have set the example without losing too much. His salary increase could be the difference to at least keeping Toby (maybe not) or a upsetting a couple of players who are waiting for an increase.

      • Blazspur April 4, 2018 at 2:20 pm

        This is the issue here. He should lead by example if he says budget is tight for player salaries.

      • UnkleTaff April 4, 2018 at 2:38 pm

        This isn’t his new annual salary though, is it? I thought a large chunk of that increase was down to backpay and bonuses.

        Has it been stated anywhere what his actual annual salary now is?

        • AntSpurs April 4, 2018 at 2:50 pm

          You could be right Taff. It’s still a huge whack with the purse strings being tight.

          • AntSpurs April 4, 2018 at 2:54 pm

            How would you feel if you haven’t been paid and whilst eating a pack of crisps you walk past the Ivy and see your boss with a table full of empty bottles of top notch champers, tucking into the smoked salmon and caviar, telling everyone he’s skint.

        • Freund or Foe April 4, 2018 at 2:53 pm

          No, we never get that info. But here’s what he has been earning:
          2012- 2.2mil
          2013- 1.658mil
          2014- 2.166mil
          2015- 2.61mil
          2016- 2.843mil
          2017- 6.013mil

          THFC had an even bigger profit in 2014, 65mil compared to the 41mil in 2017, but there was no such jump in earnings back then.

    • mattspurs April 4, 2018 at 2:22 pm

      Levy’s case is slightly odd in that he works for the club and owns 29% of it – it confuses me slightly why he pays himself rather than taking a dividend from profits.

      That aside the figures show fairly clearly that the rise in revenue has been due to two things.
      1 – The new PL TV deal. The income from that went from £94m – £149m. Scudamore and others at the PL negotiated this deal which had nothing to do with Levy. Finishing place and ‘on TV’ bonuses got the best out of the PL money.
      2 – CL football got us an extra £23m, we’ve got posh and the gang to thank for that.

      So £23m + £55m = £78m of increased turnover not down to Levy really.
      Levy could maybe take the credit for the increases in commercial revenue perhaps (£58m-£72m) but I’m guessing some of this may partly have been due to CL participation?

      • Freund or Foe April 4, 2018 at 2:28 pm

        His 29% share is held in trusts within ENIC, so I’m not sure if he would benefit from a dividends drawing. And you can’t just give dividends to one shareholder, well you can, but then that dividend would still be owed to the other shareholders whether they take it or not.
        I think there would be even more outrage if Uncle Joe took a cut of profits at this point, rightly so.

    • Harry Hotspur April 4, 2018 at 4:09 pm

      We also could have had Fred West as an owner. Keep it coming Ray, I’m repotting my French Lavender in a few weeks and I’ll need some nice warm horseshit for the job.

  • mattspurs April 4, 2018 at 1:33 pm

    Does anybody (an accountant perhaps?) know if Levy actually got paid £6m? Seems like a fairly stupid way to get paid as you’d pay an almighty load of tax on that – could it be that he got paid a bit and shares to that value?

    • Freund or Foe April 4, 2018 at 1:35 pm

      Nope. That’s what he got paid.

      • mattspurs April 4, 2018 at 1:40 pm

        So he paid about £2.5m in income tax? Bloody hell.

        • gloster1861 April 4, 2018 at 1:44 pm

          Unless he is domiciled overseas. Probably not.

          I’m surprised he doesn’t have his own company to which he is an employee, then the money from THFC to Levy Ltd would be corporation tax level of 19 per cent. He’d have to pay income tax on whatever he paid himself from his own company, but he could take a proportion as director’s borrowings and various other ways.

          • gloster1861 April 4, 2018 at 1:47 pm

            Plus… His company could employee his wife and other members of his family and there are lots of wheezes to reduce tax liabilities.

            • Freund or Foe April 4, 2018 at 1:57 pm

              When you own assets worth at least 300mil and rising, what’s a mere 2.5mil tax out of 6mil wages?

            • mattspurs April 4, 2018 at 2:03 pm

              He seems to have his 29% shareholding split across the family

  • Mad Carew April 4, 2018 at 1:25 pm

    I used to be intransigent now I just stick to my guns.
    Roy Rodgers

  • UnkleTaff April 4, 2018 at 1:21 pm

    “Everybody needs money. That’s why they call it money”.
    Mickey Bergman (Danny DeVito), Heist

  • gloster1861 April 4, 2018 at 1:17 pm

    Pay is a funny old thing: when I worked at Xerox, there was a kerfuffle when one person was found to be earning significantly more than her counterparts. When she was asked why she was getting more, she simply told them that at the original interviews when the department was set up, she asked for more, and got it.

    She valued herself more than the rest.

    • Mad Carew April 4, 2018 at 1:18 pm

      Copy that !

    • Dan Pink April 4, 2018 at 2:06 pm

      Good forbid if she was paid more than the men

  • Freund or Foe April 4, 2018 at 1:12 pm

    It’s a relief if the players reacted that way, but you are completely correct, the player agents wouldn’t be doing their job if they didn’t use Levy’s pay rise to good effect in new negotiations.

    • gloster1861 April 4, 2018 at 1:14 pm

      Here’s a nice big stick: beat me with it.

    • AlphaT April 4, 2018 at 1:19 pm

      and I’d ask them how many employees make more than their boss? jog on!

      • Ronan April 4, 2018 at 1:23 pm

        Their answer would be: ‘at every PL club, except this one..’

      • Freund or Foe April 4, 2018 at 1:24 pm

        Pretty much every footballer in the PL. Poor little Danny Rose earns more than Ed Woodward.

        • AntSpurs April 4, 2018 at 1:28 pm

          There’s the equalizee 🙌

          • AntSpurs April 4, 2018 at 1:28 pm

            An employee of the equalizer

      • gloster1861 April 4, 2018 at 1:26 pm

        Except… That isn’t the case at other clubs is it?

        Arsenal chairman Ivan Gazidis gets 2.65 million. Wenger gets 8 million, Ozil is getting 15 million.

  • Grant April 4, 2018 at 1:11 pm

    A question….

    When Harry shouts down a post or blocks the poster because it’s a different view to his, is this not flat earth thinking?
    No new knowledge discovered that may change one’s view as no discussion can be had.

    The irony is that this approach is the perfect example of flat earth thinking

    • gloster1861 April 4, 2018 at 1:13 pm

      The one thing I can’t tolerate is intolerance. 😬

    • Freund or Foe April 4, 2018 at 1:13 pm

      Take it to the ombudsman.

    • Accy April 4, 2018 at 1:15 pm

      I think you’re overthinking…

    • Mad Carew April 4, 2018 at 1:17 pm

      Grant I tend to put it down to arrogance or belligerence even but your tone also seems to diss the flat earth scenario.

      • Still Nil Nil April 4, 2018 at 1:19 pm

        I’ve told you a million times not to exaggerate

      • Grant April 4, 2018 at 1:19 pm

        Not dissing the flat earth scenario…just highlighting the irony of the accusation being thrown at others when being carried out by the person themselves.

        • gloster1861 April 4, 2018 at 1:21 pm

          Like Levy, it’s Harry’s game.

          • gloster1861 April 4, 2018 at 1:21 pm

            Possibly old Harry’s game?

          • Grant April 4, 2018 at 1:25 pm

            Then what’s the point of the site if discussion of different views cannot be had?
            Everyone just agreeing all the time.

            • Mad Carew April 4, 2018 at 1:27 pm

              How else would you get Gladys’s ITK ?

            • AntSpurs April 4, 2018 at 1:32 pm

              Agreed

              • mattspurs April 4, 2018 at 1:33 pm

                Agreed

                • gloster1861 April 4, 2018 at 1:36 pm

                  I concur heartily.

                  • Freund or Foe April 4, 2018 at 1:38 pm

                    This.

                    • mattspurs April 4, 2018 at 1:41 pm

                      +1

                    • Still Nil Nil April 4, 2018 at 1:55 pm

                      Same

            • JackDLad April 4, 2018 at 2:03 pm

              I acquiesce!

            • Ronwol1960-61 April 4, 2018 at 3:04 pm

              We have an open door here.Its best to be respectful when you first come as nobody knows you soo they think you’re an arsehole and you may well be. Its up to you to prove who you are. This world here is not everybodys.Its the person who put the blog together

        • Accy April 4, 2018 at 1:24 pm

          Grant I don’t know if you’re religious, but if you were the Vicar at a church, would you tolerate a muslim coming into your congregation and shouting out passages from another holy book?

          • gloster1861 April 4, 2018 at 1:29 pm

            I was barred from my church for disputing the new pastor’s interpretation of scripture. He couldn’t tolerate any form of dissension.

            • Accy April 4, 2018 at 1:30 pm

              I think harry can be quite tolerant of all sorts of posts and views.

            • Melcyid April 4, 2018 at 4:29 pm

              Did you tell him to go to hell or hades

          • Grant April 4, 2018 at 1:30 pm

            What the fuck has that got to do with discussing football.

            It’s about opinions on football not religious matters.

            • Accy April 4, 2018 at 1:31 pm

              wow.

            • gloster1861 April 4, 2018 at 1:33 pm

              Football is a religion. Thought you might know that.

            • Mad Carew April 4, 2018 at 1:33 pm

              Hey, language Timothy !

    • Harry Hotspur April 4, 2018 at 1:22 pm

      I block arseholes.

      I ask you to substantiate a shit claim and you bleat that you’re being shouted at.

      Substantiate your shit claim.

      • Grant April 4, 2018 at 1:28 pm

        You mean you block people who disagree with you.

        • Freund or Foe April 4, 2018 at 1:29 pm

          I disagree with Harry all the time, as do many others.

          • Grant April 4, 2018 at 1:31 pm

            Notvwhat uve seen over the last few weeks

            • Freund or Foe April 4, 2018 at 1:31 pm

              Then you haven’t been looking properly.

            • gloster1861 April 4, 2018 at 1:34 pm

              FoF has been pretty tolerant of Levy up till this point.

              I’d say that was a fair description, FoF?

              • Freund or Foe April 4, 2018 at 1:37 pm

                And still am, but this is a fubar that even I can’t justify.

                • gloster1861 April 4, 2018 at 1:40 pm

                  You’d think Daniel would have the sense to get his loot in a more subtle fashion than this.

                  • Freund or Foe April 4, 2018 at 1:51 pm

                    He’s a rich man already, and his stake in THFC has secured his and his family’s long term future. I can’t believe he’s been this stupid.

          • Mad Carew April 4, 2018 at 1:32 pm

            Grant wants a discussion, feck sake he’s picked the wrong blog for that, try DML !

  • gloster1861 April 4, 2018 at 1:07 pm

    When you’re the big boss, surrounded by yes men, it’s hard to keep your feet on the ground. Kings employed court jesters not merely for the funny suits, but to prick their boss’s pomposity. It was ‘speaking truth to power’.

    It seems THST failed the audition for that gig.

    • Harry Hotspur April 4, 2018 at 1:24 pm

      Very true. Court jesters had a pass to mock the majesty and the courtiers.

      This pricks did indeed fail the audition.

  • Mad Carew April 4, 2018 at 1:05 pm

    Discount Tents £16:95