Finance expert opens up on Daniel Levy’s budget for manager hunt

Football finance expert, Kieran Maguire, has claimed that Daniel Levy does not have a specific budget when it comes to Tottenham’s managerial pursuit.

Tottenham have held talks with a whole host of candidates about the managerial vacancy including the likes of Antonio Conte, Paulo Fonseca and Gennaro Gattuso.

However, the club have subsequently pulled out from talks with those coaches and it remains to be seen what Fabio Paratici and Daniel Levy’s next move will be.

It was reported when Spurs were pursuing Conte that the North Londoners were willing to offer the Italian a contract worth €15m (£13m) per season that could rise to €20m (£17m) based on bonus payments and add-ons.

Similarly, it was also suggested that Tottenham had offered Sevilla boss Julen Lopetegui a ‘dizzying’ salary to take over as the club’s next head coach but the Spaniard rejected the offer.

So, if those reports are to be believed, it would appear that Levy is prepared to pay top dollar for the right candidate.

Maguire believes that the potential salary of the club’s next head coach is something the Spurs chairman is quite flexible on.

He told Football Insider: “Everything at Spurs is determined by Daniel Levy.

“He micromanages everything. If he feels that the price being asked for a potential manager is too high, then it goes no further.

“There are no specific calculations made. Instead, it just comes down to what Daniel’s max is.

“He isn’t always very flexible and therefore that tends to be the determinant in many of the decisions that are made by Spurs in terms of recruitment and retention.”

Spurs Web Opinion

Levy has certainly demonstrated that he is willing to pay the going rate for top managers. However, in order to convince the likes of Conte to take over, one also needs to promise them a sizable transfer kitty, which is likely to be a much bigger problem for Spurs given their financial situation.

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