Writing for football.london, Alasdair Gold has shared a Gareth Bale contract revelation coming after Daniel Levy dropped a huge statement on Tottenham Hotspur’s finances – detailing how the chairman saved Spurs a considerable amount of money after his transfer.
Bale, who completed a sensational return to the club following a headline-grabbing deal instigated by Levy, is reported to be costing Spurs around 40% of his sky high £600,000-per-week wages before tax – with the Welshman sidelined for a short period before he could make his debut.
Gold shares Bale reveal
The 31-year-old, as a result, couldn’t feature for Tottenham due to fitness issues – with Gold now revealing that Levy found a way around paying a huge chunk of his wages while he was unavailable.
Indeed, as explained in his piece for football.london, the reliable Spurs journalist claims Levy, upon finding out about Bale’s fitness issues, renegotiated the loan deal to make sure Tottenham didn’t pay his wages while he was unfit to play.
This comes after Levy dropped a huge statement in regards to the club’s finances after a summer of heavy spending combined with the inability to sell match tickets due to the coronavirus pandemic.
As a result, Spurs have seen a decrease in much-needed revenue whilst announcing a loss of around £63.9 million during the financial year – coming after the club registered a £68.6 million profit in stark contrast the previous year (football.london).
Transfer Tavern take
However, while this comes as bad news, Gold details how Levy’s dealings may have saved the club potentially millions – looking at a positive aspect from a fairly grim report.
This could come as a real ray of light for Lilywhites, but supporters will be hoping they’re allowed back in stadiums sooner rather than later.
In other news: Jermaine Jenas had one thing to say after Dele Alli’s latest Instagram post, find out more here.
Click here to comment on this articleor
Give us feedback on your Football Transfer Tavern experience