It doesn’t rain but it pours for Daniel Levy, and I am struggling to think of a worse time to ask the Spurs CEO for a pay rise. Even the morning after losing the Champions League final would have probably been better than now.
Eric Dier, according to the Daily Mail, is look for parity with other squad members as he negotiates a new extension to his existing contract. In the normal course of events, £60,000 a week wouldn’t be resented, but Spurs are in such financial despair, this may well be a request that Tottenham are reluctant to meet.
Just recently, Levy was forced to take up a £175million loan from the Bank of England. Spurs finances have gone from being acutely conservative to err …concerning.
- Tottenham’s total debt up to £852million
- £215million of the bill is composed of interest
- Some debts will still be outstanding until 2050
- Repayments will average £37m-a-year until 2042
- Over the last 5 years, only £21m-a-season was spent on transfers
The club’s financial situation won’t improve anytime soon, given how slowly fans will be returning to the stadium.
Dier deserves market rate wages, but he may not get them at Tottenham.
I can understand him wanting more money when he sees what other less talented players around him are on.Yes the timing is poor ,but does it suggest he has been offered more elsewhere and is testing the waters before jumping in.
…and if he doesn’t get it he’ll scale the gates to Levy’s mansion.
Sell him, he needs a fresh start somewhere else maybe.
Hell of a time to ask for a raise. Bad timing!
£60k is low even for a bang average defender at a mid table club
Roll on 2050/51
For a player that has played in a World Cup semi final and regularly in the Ch Lg for a team in the richest league in the world £60k pw isn’t that much, he does deserve more, no matter how nonsensical it seems. Especially if Ndombele is on £200k pw! I would change my agent if I was Eric. I do believe if the Spurs business model keeps accumulating money without any success, as it has done for 15 years, then we have to see the debt like we do a mortgage. It’s there, we wish it wasn’t, but it is. I won’t forgive Levy for what he did in mismanaging the whole project and then getting a bonus (talk about failing up) and ruining our football team, but there is a glimmer of light regarding the debt. TV money will continue to rise as Amazon and Facebook look to be involved, so hopefully in time the debt becomes more manageable (bit like a pay rise). CV19 will at some point be controlled and the stadium will bring in that extra revenue. I believe the figures are over £60m a year more than White Hart Lane. If prices stayed as they are, we would have over a £1bn in extra revenue in 20 years (minus tax). That doesn’t mean I see good footballing decisions being made by our resident clown in charge. Look what he’s turned one of the most promising teams in to in 3 years.
Wow – if he is really a £120kpw play I am gob smacked.
If levy pays him that I’ll shoot him myself on general principal