when he refused to countenance the sale of Luka Modric to Chelsea,
despite the star midfielder making it plain that he wanted the move. It
is fair to say the Tottenham Hotspur chairman's success prompted
surprise.
He has previous when it comes to buckling in the face of
eye-watering offers – think of Manchester United prising first Michael
Carrick and then Dimitar Berbatov from White Hart Lane for £18.6m and
£30.75m respectively, and Chelsea were prepared to pay £40m for Modric.
Player power regularly holds sway in these matters and most of the
Tottenham dressing room fully expected the Croat to appear in Chelsea
colours after the closure of the transfer window.
Levy's stance
represented a statement of intent and, on one level, it was pleasantly
received by the players. Maybe there is something afoot here, they
mused. For Levy, though, it has heralded the beginning of a war and it
is one that stands to define the future direction of the club.
Modric,
who is under contract until 2016, might have been made to stay but he
wants to do so on his terms and they involve a pay rise to
£100,000-a-week and written assurances that if a big club came in for
him again, he could at least talk to them. The thing that irked him over
the summer was that there was no option to discuss Chelsea's proposal,
even though he thought he had a gentleman's agreement with Levy
regarding such scenarios.
The new contract talks between Modric's
advisers and the club are described as "ongoing" and they have been for
some weeks. For Levy, the situation is particularly delicate as he is
aware that the eyes of the squad and their agents are fixed upon it. In
many respects, it is a watershed moment.
Levy has managed to keep
the weekly wage ceiling at the club bolted down to around £70,000, with
some players topping up their pay with performance-related bonuses. Even
Emmanuel Adebayor, the on-loan Manchester City striker, has been
accommodated into the structure. He might earn £170,000-a-week but City
are contributing £100,000-a-week for the duration of his season-long
deal. As an aside, this feels like one of the most graphic examples of
City's financial might/extravagance.
Tottenham's wage ceiling
compares unfavourably with those at the Manchester clubs, Chelsea,
Arsenal and Liverpool but if Modric were to power through it, it would
not so much as lead to knocks at Levy's door as a stampede through it.
Key personnel such as Ledley King, Michael Dawson, Gareth Bale and
Rafael van der Vaart, prompted by their agents, would follow Modric in
demanding rises.
They would not be the only ones. Less heralded
players such as Benoît Assou-Ekotto who know they could earn more
elsewhere and have demonstrated their wholehearted commitment, would
want renegotiations. The full-back was chased by the nouveaux riches of
Paris St-Germain in the summer but he has a love affair with London and,
like many of the first XI, he believes that the club could be on the
brink of a golden era, if there is adventurous leadership.
Assou-Ekotto
did not travel to Wigan Athletic with the squad three weeks ago as he
was suffering from illness but the manager Harry Redknapp called him the
night before the game to ask how he was and wonder if he could yet
feature. Assou-Ekotto took a taxi to Wigan at 7am and he played the 90
minutes in the 2-1 victory. There is the strong sense of attachment to
the cause.
Harry Redknapp's future is also linked to the Modric
situation. It is widely assumed that he will leave next summer to
succeed Fabio Capello as the England manager but he might stay at the
club if he could compete at the very top. Redknapp is mindful of the
scope for serious personal abuse if he were to take charge of the
national team. Were he able to offer the six-figure weekly wage packets
to tempt the likes of Rio Ferdinand, for example, a player that he
covets, he might yet have an agonising choice to make.
It was
revealing to hear Redknapp's take on Modric v Levy. "You can't say he is
worth £40m and want to pay him the wages of someone who is worth £5m,"
Redknapp said. "You have to look after the boy." The players loved that.
Levy
is happy enough to make Modric the highest-paid player in the club's
history but he is understandably wary about giving him possible escape
clauses as well. The worst case for Levy is that he opens the floodgates
and still sees Modric skip off in search of Champions League football.
If he did nothing, discontentment would fester.
Levy's goal has
always been to establish Tottenham as regulars in Europe's elite
competition and he knows that the increased cash flow could sustain the
club at the next level and also ensure that the ambitions of players
like Modric were fulfilled in N17. The problem is that the financial
speculation normally has to come first and the associated risks are
clear.
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