Kevin Phillips has claimed that Tottenham Hotspur chairman Daniel Levy will be 'jumping for joy' after Jose Mourinho was appointed as the Roma manager.

The Lowdown: Mourinho finds new club

After leaving Spurs shortly before the Carabao Cup final against Manchester City, Mourinho has not taken too long at all to find another club to manage.

The Portuguese boss has gone back to the Serie A after previously managing Inter Milan, this time to take charge of AS Roma.

The Daily Telegraph have since reported that Mourinho's move will save the North London club £13m in severance pay.

The Latest: Phillips claims Levy will be buzzing

Phillips, who is now a pundit after serving as a Premier League icon throughout his footballing career, has since given his say to Football Insider on the move, and what it has meant for the Lilywhites going forward:

“Daniel Levy is jumping for joy.

"He’s saved himself a fortune there.

“I am not overly surprised because he loves football, you can hear that in his interviews. If he had an opportunity I always thought he would jump straight back in. He loves football and Roma are a very big club.

“He has jumped straight back on the horse and credit to him because lots of managers would take a break.

“It’s fantastic news for Tottenham though because it saves them upwards of £10million.”

The Verdict: Losing Mourinho a good move financially

Losing Mourinho has certainly benefitted THFC financially given the money that they have saved from him finding a new job almost straight away.

That money could now be used in finding a new manager, or add to the transfer budget when the summer window comes along.

Although the timing was a bit strange, right before a major final that could have ended their trophy drought, Ryan Mason will now get the opportunity to show what he can do until the end of the season, when the manager hunt will surely hot up now Levy has an extra £13m he thought he would never see again just a few day ago.

In other news, find out which manager Spurs have held talks with recently here!