Daniel Levy becomes highest paid Premier League Director despite Tottenham’s recent struggles
IN THE MONEY: Daniel Levy returns to the top of the Premier League managerial class…as US investment fund 777 Partners seeks to take over Sheffield United of West Ham after failed bid for Everton
- Tottenham chairman Daniel Levy is the highest paid Premier League director
- His Spurs team has had a hard time this season and is eighth in the table
- Investment fund 777 Partners is still looking for a top flying club
Tottenham chairman Daniel Levy has reclaimed the title of highest-paid director of the current 20 clubs in the Premier League.
The most recent confirmed figures are from club accounts from 2021-22 and Levy was paid £3,265,000, or £400,000 a year more than second-placed Paul Barber, Brighton’s chief executive.
Levy’s substantial salary will do little to improve the mood of Spurs fans, who booed the team last week after losing their last home game to Brentford in what has been a dismal season.
The long-serving Levy has regained the title with the highest salary after former Manchester United chief executive Ed Woodward left Old Trafford following the January transfer window last season.
Woodward was previously the Premier League’s highest-paid director. He earned £1,941 million in the months before leaving Old Trafford, the equivalent of £3,327,000 a year.
Daniel Levy has reclaimed his title as the Premier League’s highest-paid director
It comes despite a poor season for Spurs, which saw them drop to eighth in the league with one game to go
Champion Manchester City are the only club in the Premier League not to publish the remuneration of its highest-paid director.
Unconfirmed reports suggest that City CEO Ferran Soriano earns £3.4 million a year.
Former Chelsea director Marina Granovskaia was the third highest paid director last season, with a package worth £2,244,000.
However, her salary was significantly increased after she paid a £35 million bonus for ‘services in connection with the sale of the club’ to Todd Boehly’s consortium.
Former Newcastle United director Lee Charnley was the lowest paid director in the Premier League with a salary of £260,000, albeit supplemented by a one-off payment of £900,000 for losing his job.
As well as the highest paid directors are paid, there are only two highest earning directors who earn more than the average base salary of their club’s players in the first team.
One is in Bournemouth and the other is Brighton’s Barber. Considering the season they’ve had, everyone at the club deserves every penny.
777 Partners focus on West Ham or Sheffield United
The American investment fund 777 Partners would like to take over a Premier League club and has West Ham in mind
They are also interested in Sheffield United, who won promotion from the Championship after finishing second
US investment fund 777 Partners remains determined to take over a Premier League club after a failed bid for Everton last week.
Sources close to the group were undeterred from buying a club in England, with Sheffield United and West Ham as possible targets.
It is clear that the group valued the Goodison Park club at nearly £400 million, or £200 million lower than initial reports had suggested. Fear of relegation was one of the concerns that pushed their valuation down.
777 sources also suggest they are interested in a full takeover or acquiring a majority stake in a Premier League club, rather than a minority investment.
