• Thursday, April 18, 2024
businessday logo

BusinessDay

Mourinho £35m richer after Tottenham sack

Jose Mourinho

After guiding Tottenham Hotspur to their first Uefa Champions League final in 2019 and finishing as league runner-up in the 2016–17 season, football fans were shocked to hear the news that the 49-year-old Argentine tactician has been sacked and replaced by Jose Mourinho in November 2019.

According to Daily Mail, Jose Mourinho will be earning double of what Mauricio Pochettino made as Tottenham as the salary sums up to £15m-a-year.

Mourinho signed a three-and-a-half-year deal with Spurs and is reported to earn around £290,000-a-week.

But after 17 months in charge, Spurs have sacked Mourinho as a result of poor performance.

Spurs are currently seventh on the league table with 50 points from 32 games, having picked up two points from their past three league games, and were knocked out of the Europa League in March. Also, the hope of qualifying for next season’s Champions League looks faint.

But the big deal here is that Spurs would have to pay Mourinho a whopping £35 million payout bonus for sacking the Portuguese before the end of his contract.

That means Mourinho leaves Spurs £35 million richer.

The Portuguese boss has two years and 2 months left of his current deal that sees him earn £15m a year.

And The Athletic claims the Portuguese’s deal, which runs until the summer of 2023, has no exit option for either side.

That means Spurs chairman Daniel Levy having to pay out the remainder of his contract for swinging the axe at Mourinho.

The 58-year-old signed a three-and-a-half-year deal to replace Mauricio Pochettino that is worth the same as his contract at Manchester United.

But a seventh-place position in the Premier League amid a shocking poor run of form has forced Levy to show Morinho the exit door.

MailOnline reports that his position as manager is ‘under increasing scrutiny’.

The report adds that the team’s form ‘is now a significant cause for concern among the Spurs hierarchy’.

Spurs face Manchester City in the Carabao Cup final on 25 April.

On Sunday, Tottenham were one of six Premier League clubs to announce they were joining a new European Super League, but it is not related to Mourinho’s sacking.

Mourinho’s coaching staff of Joao Sacramento, Nuno Santos, Carlos Lalin and Giovanni Cerra have also been sacked.

“Jose and his coaching staff have been with us through some of our most challenging times as a club,” said Tottenham chairman Daniel Levy. “Jose is a true professional who showed enormous resilience during the pandemic.

“On a personal level I have enjoyed working with him and regret that things have not worked out as we both had envisaged.

“He will always be welcome here and we should like to thank him and his coaching staff for their contribution.”

This season, Mourinho -who previously managed Manchester United, Chelsea, Real Madrid, Inter Milan and Porto – suffered 10 league defeats in a single campaign for the first time in his managerial career.

No Premier League side has lost more points from winning positions this season than Spurs, who have dropped 20.

Mourinho’s last game in charge was a 2-2 league draw at Everton on Friday.

Former Spurs midfielder Ryan Mason, who has been working with the club’s academy, will take first-team training on Monday.