Tottenham chairman Daniel Levy 'gave himself a £500,000 pay rise

Tottenham chairman Daniel Levy ‘gave himself a £500,000 pay rise and club directors took home £3MILLION more than the previous 12 months’, the club’s latest accounts reveal… despite mounting pressure and fan fury after another disappointing season

  • Tottenham chairman Daniel Levy handed himself a hefty £500,000 pay increase 
  • The Spurs directors also took home £3million more than they did 12 months ago
  • Spurs have failed to win any silverware since 2008 and have an uncertain future

Tottenham Hotspur chairman Daniel Levy has reportedly given himself a hefty £500,000 pay rise, despite coming under fire from Spurs fans over yet another disappointing season.

It is not just Levy that has benefitted with the Spurs directors earning almost £3million more than the previous year, according to the club’s latest set of accounts.

The directors pocketed a total of £6.77m between them, a significant improvement on the £4m they took home last year according to the numbers shared via The Telegraph.

Levy’s pay rise is expected to no doubt provoke fan fury, despite not earning as much as he did back in 2019, when he was paid a staggering salary of £4m and a £3m bonus for the completion of the Tottenham Hotspur Stadium.

The 61-year-old, however, is already under intense scrutiny, given Spurs failure to win a trophy since 2008, and doubts hanging over the future of both boss Antonio Conte and Harry Kane.

Tottenham chairman Daniel Levy (pictured) has given himself a hefty £500,000 pay rise

The chairman has already faced chants of ‘get out of our club’ this season from the Spurs fans

The chairman has already faced chants of ‘get out of our club’ this season and more could be coming after recently admitting that the club ‘have felt and continue to feel’ the financial burden of supporting their transfer flops.

He also took aim at the spending powers of Manchester City and others, saying the Premier League ‘is now vested in the hands of a few who dominate and have the ability to distort the market’, yet has handed himself a pay increase.

Tottenham have six other directors as well as Levy, including Fabio Paratici, the managing director of football, who could face expulsion from his role.

Paratici was one of numerous former Juventus officials to be handed bans by the Italian FA for the club’s alleged inflation of player values. Juventus deny any wrongdoing.

The Spurs chief has been handed a 30-month ban from Italian football for his involvement in the alleged breaches during his time at the Serie A side.

That ban currently only applies to sporting involvement in Paratici’s homeland of Italy but could be expanded should the regulatory body apply to have the punishment carried over to cover the Premier League as well.

Tottenham’s managing director Fabio Paratici (pictured) faces the prospect of being banned

The club is yet to bag a stadium naming rights deal since moving into their new ground

Chief commercial officer Todd Kline, who is yet to bag a stadium naming right deal in the two years he has been at the club, is among the other directors.

The news also comes after South Africa’s tourist board scrapped a proposed £42.5million sponsorship deal with Premier League side Spurs earlier this month, another huge blow to the club financially.

South Africa’s Parliament tourism committee chairperson Thandi Mahambehlala said: ‘This deal, it ends here, today, now. Because there is everything wrong about the deal itself. There must be an investigation on this matter with immediate effect.’

The other directors are executive director Donna-Maria Cullen, operations and finance director Matthew Collecott, director of football administration and governance Rebecca Caplehorn and non-executive director Jonathan Turner.

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