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Villas-Boas to Give Up $17 Million for Tottenham Job, Sun Says

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June 30 (Bloomberg) -- Andre Villas-Boas, the former Chelsea manager who was fired on March 4, will give up 10.8 million pounds ($17 million) of compensation when he takes up his new job at Tottenham Hotspur next week, the Sun reported.

Chelsea has been paying Villas-Boas 100,000 pounds a week until he got a new job as compensation instead of a lump sum when he was fired, the Sun said. Villas-Boas will be forced to give up payments for a further 25 months after he takes up the manager’s position at Tottenham, it said.

To contact the reporters on this story: Firat Kayakiran in London at fkayakiran@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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