Levy’s decision could force Harry Kane out of the club claims Ian Wright
According to BBC Radio 5 Live (h/t Football.london), Arsenal legend Ian Wright believes Tottenham Hotspur’s decision to make use of the government furlough pay scheme could force the club into selling ace striker Harry Kane.
Chairman Daniel Levy’s decision to place 550 members of staff on the government’s furlough scheme at the end of last month was met with widespread criticism, including the club’s own fans.
The decision was reversed yesterday and the non-playing staff will now receive their full pay for April and May instead of the 80% they would have received as part of the job retention scheme.
Between a rock and a hard place
Bowing down to the pressure of fans to do the right thing is commendable but it does question the club’s ability to pay dues given the lack of inflow of revenue.
We currently owe £637million on the stadium loan and £83million in unpaid transfer fees (h/t Daily Mail). Although Sky’s decision to not demand the £371million in case the season isn’t finished will come as a reprieve, we are unsure as to how the current crisis will affect our finances.
Wright believes it is no coincidence that rumours of Kane’s future have started to do the rounds. He has questioned Spurs’ ability to meet their obligations and has suggested that the club could sell Kane to balance the books.
“They may have to sell someone like Harry Kane.”
Levy had recently placed a massive £200million price on his ace striker’s head. It was also revealed that he was unhappy with Kane’s comments regarding a premature end to the season. With our situation already precarious, such a decision will end up costing the club financially. (h/t Daily Mail)
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With Spurs now also having to pay the excess 20% in salaries, difficult decisions may have to be taken. Although some may argue that the amount will be comparatively lesser, for a tightly-run ship every penny matters.
What Spurs decide to do in the coming months remains to be seen.