Friday, May 24, 2024

TRANSFERS: Spurs chairman Daniel Levy to sanction £200m Harry Kane departure

According to the Sunday Mail, Tottenham Hotspur chairman Daniel Levy is set to sanction a £200m move that could see Harry Kane move to Manchester United.

The financial impact for Daniel Levy

The move, should it happen, will alleviate some serious financial worries for the Spurs chairman.

The COVID-19 induced delay to the season will have a significant financial impact on all football clubs, but Spurs are worried it will impact them more than any other Premier League club.

They are currently still paying for their brand spanking new £1bn stadium. The report in the Sunday Mail states that they still have £637m left to pay on the stadium loan.

Daniel Levy is not a happy man
Daniel Levy is not a happy man

To add to that, Spurs also owe £83m on transfer fees having spent big sums on the likes of Tanguy Ndombele and Steven Bergwijn.

Daniel Levy reportedly ‘furious’ with Kane

The other aspect of all of this is that the Spurs board, in particular Daniel Levy, are said to be ‘furious’ with Harry Kane for his comments on the COVID-19 crisis.

Last week, Kane stated that he thinks the Premier League should be voided if it cannot be finished by the end of June.

If that were to happen, it would have serious financial implications should the television broadcasters demand the Premier League pay back the money they paid for the rights to broadcast the season.

In an interview with Jamie Redknapp on Instagram Live, Harry Kane indicated that if Spurs don’t start winning trophies in the near future, it may be time for him to look elsewhere.

That comment has led to a spike in speculation as to whether or not Harry Kane could depart the club, with both Manchester United and Real Madrid having been mentioned.

Whoever does eventually sign Kane would be required to pay a world record fee, according to the Mail.

Spurs will demand £200m for the striker, eclipsing the £198m PSG paid for Brazilian star Neymar in 2017.

In the current climate, it seems highly unlikely any team will be shelling out transfer fees in that region any time in the near future.

If Kane does leave Spurs, you can be sure that the fee will smash the British record – the £89m Man United paid to bring Paul Pogba back to Old Trafford.

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For more football transfer news, visit our dedicated page here.

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