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09.07.2012 Sports News

£100 MILLION: AVB can spend big at Spurs

09.07.2012 LISTEN
By The Statesman

ANDRE VILLAS-BOAS will be given a £100million war chest as he begins his Tottenham revolution.

The ex-Chelsea boss was offically appointed Spurs' new head coach yesterday on a three-year contract — as revealed by The Sun.

AVB will get a transfer kitty of around £40m — with a guarantee that he can also spend every penny he recoups from player sales.

With midfielder Luka Modric set for a move to either Manchester United or Real Madrid — and striker Jermain Defoe also a target for several clubs — the pot could easily hit £100m... and beyond.

On top of that, AVB has been guranteed a bonus scheme that could net him a further £3m above his annual £4m-a-year salary.

Tottenham chairman Daniel Levy has taken a monumental gamble on Villas-Boas after firing Harry Redknapp last month.

But he believes the Portuguese boss — who won the Europa League with Porto — will be able to lead the White Hart Lane club to glory too.

AVB, 34, sacked just eight months into a three-year contract at Stamford Bridge, is kissing goodbye to £11m still owed to him by Chelsea so that he can get back into the Premier League.

He is determined to prove the Blues were wrong to dump him and he has assured Levy that it will take just four or five new players to get Spurs challenging for the title.

He is expected to open his spending by securing the signings of Ajax"s Belgian defender Jan Vertonghen, 25, and Hoffenheim midfielder Gylfi Sigurdsson, 22, who impressed on loan at Swansea last term. He also wants to secure a powerful striker and could compete with Chelsea for the signature of Hulk, whom he managed at Porto.

Video : AVB wants success in 'exciting' coaching position

Under his bonus scheme, Villas-Boas will earn £500,000 for securing a Champions League place but that would rise to around £1.5m if he won the title.

Cup success would bring in an extra £1.5m.
Villas-Boas will lead Tottenham into action against Chelsea on October 20 at White Hart Lane and return to Stamford Bridge on April 13 next year.

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