Tottenham end pursuit of Brendan Rodgers over £70m costs involved for signing

According to The Sun, Tottenham Hotspur have decided to call off their pursuit of Brendan Rodgers as replacement for Jose Mourinho due to the costs involved in his signing.

Rodgers had been heavily linked with the Tottenham job even prior to the sacking of Mourinho last week. And the rumours have only intensified ever since the Portuguese was let go of by Daniel Levy. (h/t The Sun)

However, Rodgers had come out in public and declared that he was very happy at Leicester City, distancing himself from the job. Nevertheless, it was claimed that Levy was confident of landing the Northern Irishman as the next manager at the club. (h/t The Sun)

But now, it is being claimed that Tottenham have been scared off by the financial package that they would have to put together to recruit the 48-year-old former Liverpool manager.

Rodgers currently earns £10m per season at Leicester. And, in order to sign him, Tottenham would have had to offer him a four-year deal worth £12.5m-a-year. In addition to that, the Foxes would be demanding a compensation fee of around £20m for his signing as well, taking the entire cost of the deal to a whopping £70m.

In addition to this, Tottenham would also have to shell out fees and wages for Rodgers’ backroom staff as well, making a deal financially unfeasible, as per the report.

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Rodgers, without a doubt, would have been a brilliant replacement for Mourinho. But with the Northern Irishman stating his willingness to stay at Leicester and the finances that would be involved in a potential deal, a move to Tottenham is pretty much off the table. Time for the club to look at other managerial targets.