Tottenham accounts show Daniel Levy’s £3m stadium bonus

Tottenham, Daniel Levy, Stadium

Tottenham chairman Daniel Levy was paid a £3million bonus for delivering the club’s new stadium.

The hefty gift, which was additional to his £4million salary, was deferred from 2018 after Spurs moved into their 62,000-seater stadium – widely regarded as the best in the world – last April.

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Levy was paid the bonus almost a year ago in 2019 and on Monday took a 20% pay cut along with all other non-playing staff as the club look to combat the coronavirus crisis.

The club accounts, published on Companies House website, read: “The total aggregate remuneration of directors, who are deemed to represent key management personnel, for the year ended 30 June 2019 was £6.4million.

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“However, this amount excluded a bonus which was deferred from the year ended 30 June 2018 as it was contingent upon the completion of the stadium, which amounted to £3.9m, making the total aggregate remuneration for the year ended 30 June 2019 £10.3m.

“The highest-paid director received remuneration of £4m for the year in addition to the bonus deferred from the prior year of £3m, as explained above.”

Football 365

Vanguard

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by Temisan Amoye via Vanguard News https://ift.tt/3bLcBk1 Best Known Member of the Cabinet Wikipedia

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