What has not been factored in after Tottenham had to sack their Danish manager Thomas Frank is the income that is lost due to lack of qualification for European competitions, smaller performance bonuses from sponsors as a result of low position in the Premier League table and the hiring of a new manager.
Thomas Frank was bought free from Brentford, which he had successfully built up over several years into a club that delivered results far beyond its means. Tottenham are not as bad in their pace of change of managers as Nottingham Forest, and Turkish football, but even before Frank was bought free from Brentford for 10.5 million euros, the criticism of the club’s bosses was massive.
A rich man!
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Now a new short-term manager is coming in, while work is being done on the side to get a long-term one.
Tottenham are in 16th place in the Premier League, and Tuesday’s 1-2 defeat to Newcastle at the Tottenham Hotspur Stadium was the last straw for the club management. On Thursday, the news came that the club had fired Thomas Frank.
The Dane joined Tottenham in the summer after his time at Brentford, and now there are reports about what Frank cost the club during the six months he spent at Spurs.
It is a total of 24 million euros sufficient to buy 3.9 million shots of Gammel Dansk at Simons in Copenhagen.
For example, according to British media, the annual salary is said to have been around 9 million euros, which means that Frank has already been paid half of it. In addition, Frank had a financial parachute of a full year’s salary.
With a staggering 24 million euros for the Dane’s services, those who have calculators have probably calculated that amounts to around 650,000 euros per game.
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There were a total of 38 games in the club, and the result was 13 wins, 10 draws and 15 losses.
Thomas Frank’s net worth is said to be between 20 and 25 million euros.
