Bought for £4.3m, sold for 318% profit: Levy was a genius when Spurs axed Poch reject – opinion
Whether he’s loved or hated, fans can’t deny that Tottenham Hotspur chairman Daniel Levy certainly has a nose for a profit. Snatching up Dele Alli for a mere £5million five years ago is one great example of his business savvy choices. Another is his decision to cash in on Spurs reject Kevin Wimmer, who surprisingly brought in 318% more than the initial £4.3million they paid for him.
The centre-back’s career in north London lasted just two years before Spurs moved him on. He made a total of 31 appearances, often finding himself out of favour under former manager Mauricio Pochettino (via Transfermarkt). Wimmer only played 15 Premier League matches before Levy and co decided his time in the white and blue of Tottenham was up.
Spurs pocketed huge profit on Wimmer
The castaway Spurs defender was valued at just £6.3million during his last season with the Premier League side. Stoke City came knocking and forked out £18million to bring him to the bet365 Stadium in 2o17 – his move saw his Transfermarkt value hit a huge spike, but this would prove to be a mere smokescreen before a big decline.
After just one season with the Potters, Wimmer left the club on loan to join Hannover 96, followed by another temporary spell away from the Championship side as he joined Belgian team Mouscron. His back-to-back loan stints have harmed his position with Stoke as he now finds himself out of favour at yet another club. Wimmer is yet to make a senior appearance for Stoke this season and has instead been demoted to the reserve league, despite being 28 years of age.
His market value has also dropped dramatically and he is now worth a reported £1.8million – a mammoth plummet from what Spurs pocketed for his sale three years ago.
With just two years left on his contract, it looks likely that the Potters will simply allow his deal to run down and take a hit on his £18million transfer. Quite the opposite of the position Spurs are in after Levy’s clever deal.
The post Daniel Levy masterstroke saw Spurs bank 318% profit on Kevin Wimmer first appeared on FootballFanCast.com.
Source: Football – Football Fan Cast