Published 12:00 IST, January 7th 2021
Man United vice-chairman Ed Woodward beats Daniel Levy to become highest paid director
Man United executive vice-chairman Ed Woodward has become the highest-paid director in the Premier League, earning more than Tottenham chief Daniel Levy.
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Manchester United executive vice-chairman Ed Woodward has become highest-paid director in Premier League, overtaking Tottenham Hotspur's Daniel Levy. Woodward has been with Man United since 2012 as an executive vice-chairman and even took a pay cut to help Old Trafford outfit cope with financial impact amid vel coronavirus pandemic that has wreaked havoc across world.
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Ed Woodward beats Daniel Levy to earn most in Premier League
According to a report by Independent, Man United's latest account suggests that Woodward earned £3.09 million last season. Although this amount is lesser than his earnings worth £3.16 million previous season, he still has mand to earn more than any or director in Premier League.
Interestingly, Woodward took a 20% pay cut to help club maintain its balance sheet amid financial crisis induced by vel coronavirus outbreak. t all clubs divulge salary details of ir board members. But Tottenham chief Daniel Levy has been ranked second, behind Man United chief.
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Man United's debt doubles amid pandemic
Levy, who has been at rth London since 2001, earned £2.96 million at rth London club last term. This is way less than amount he earned season prior. In 2018-19 season, Levy racked up £7 million. This exorbitant amount, however, also included a £3 million in connection with Spurs' £1 billion-worth new stadium development.
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Interestingly, Man United's board of directors includes legendary figure Sir Alex Ferguson, David Gill, who preceded Woodward and members of Glazers' family. entire club's board earned a collective £6.78 million in salaries. Woodward's salary numbers come as a surprise despite fact that club declared ir debt had doubled to £474.1 million.
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Daniel Levy, Woodward net worth details
Woodward enjoys a strong influence at Old Trafford and is regarded as key decision-maker in terms of transfers and contractual negotiations. His net worth, according to Celebrity Net Worth has been estimated at $20 million, while Daniel Levy net worth stands at a mammoth £1 billion, according to Forbes. Interestingly, Levy holds record of being longest-serving chairman in history of Premier League.
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te: Daniel Levy and Ed Woodward net worth figures have been sourced from above-mentioned website. This website does t guarantee a 100% accuracy in se figures.
Im courtesy: AP
12:00 IST, January 7th 2021