There has been speculation in the media lately that Mauricio Pochettino has been having productive talks with Daniel Levy and the Spurs hierarchy regarding not only his future but also the summer transfer window. Today, Tottenham announced via their social media channels that Pochettino and his entire staff have signed new five-year contracts that will keep them at Spurs until 2023.
We are delighted to announce that Mauricio Pochettino has signed a new five-year contract with the Club, which runs until 2023.— Tottenham Hotspur (@SpursOfficial) May 24, 2018
First Team Coaching staff Jesús Pérez, Miguel D’Agostino & Toni Jimenez have also agreed new contracts.
More ▶️ https://t.co/F4xw7B65E7 pic.twitter.com/fbmpHWoqPC
Matt Law reports in the Telegraph that his new deal is worth £42.5m, which would come out to £8.5m/year. That’s a significant bump from the £5.5m he was reportedly making on his last contract and at the time of this article would make him the third best paid manager in the Premier League behind Pep Guardiola and Jose Mourinho and seventh highest in the world.
But more importantly, in a summer that could prove to be pivotal for the short and medium term future of the club, this might be the first domino in a chain of player signings and existing contract negotiations. It’s been thought that a number of existing player contracts hinged on Pochettino agreeing to a new deal himself and declaring his commitment to the “Tottenham project.” This also puts to bed any rumors that were linking to approaches for Pochettino from clubs like Chelsea or Real Madrid. He’s staying, and now Spurs’ best players probably are too.
This is a huge moment for Tottenham Hotspur and probably the most important signing Spurs could’ve made in the early part of this window.