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Daniel Levy pockets £500k pay hike despite spending £111m on flops at Spurs

Tottenham Hotspur chairman Daniel Levy may be coming in for criticism for spending a whopping £111m on a series of flop players, but he still managed to wrangle a £500,000 pay rise for himself, according to The Sun.

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Recent figures for the 2013-14 season have revealed that the 53-year-old saw his salary increase by 30% to an astounding £2.16m.

Seven Tottenham directors pocket a total of £3.6m, which is a rise of 45-per-cent over the previous year, but Levy remains the highest earner at White Heart Lane.

However, the pay increases are said to have been award by a panel of non-executive chiefs, and was dependent on a series of ‘key performance indicators’ rather than based on the team’s results on the pitch.

The news may not wash with the club’s fans, who have had to watch their side amble along this season despite spending the £111m following the £85m sale of Gareth Bale to Real Madrid.

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