Joe Lewis will be feeling the cost of sacking Thomas Frank as Tottenham manager for a while longer yet.
Frank was officially given the boot by Spurs on Wednesday, the morning after Tottenham’s 2-1 home loss to Newcastle United.
The Dane lasted just eight months in the Tottenham Hotspur Stadium hotseat, having replaced Europa League winner Ange Postecoglou in the summer.
Frank is now in line for a big payout given his contract in North London still had another two-and-a-half years to run.
And even not accounting for that, Joe Lewis will be squirming at how much he paid Frank per day just when taking the compensation fee paid to Brentford into account.
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How much did Tottenham pay Brentford in compensation for Thomas Frank?
It goes without saying that Frank’s time was up at Tottenham. Many were saying that a long time before the Newcastle loss, which proved to be the final screw.
As can be seen in the Sofascore graphic above, Frank lost more matches (15) than he won (13) during his time as Spurs manager.
His return of 1.29 points per game has left Tottenham in relegation trouble, with the new manager – whether a caretake or permanent hire – having to hit the ground running.
To make matters worse for Lewis, he had to pay Frank £27,525 a day to release Frank from his Brentford contract.
That is according to football finance expert Kieran Maguire via X on Friday morning, as he provided a full breakdown.
Official documents show Spurs paid Brentford £6,716,000 to buy out Frank’s contract, which split across eight months provides that £27,000-plus figure.
That does not then take into account Frank’s general wages, plus his payoff for being sacked early by the Lewis Family.
How much could Frank sack cost Tottenham in total?
The true figures do not bear thinking about from the Lewis Family’s perspective, with this an incredibly expensive mistake.
It was reported earlier this week that Frank’s deal is worth £24m over the full three years – just eight of which he worked – and ENIC therefore have around £18m of that left to pay.
Add that on top of the aforementioned £6.7m compensation fee and you get a figure of £30.7m in total.
Again, the true figures could go even beyond this as it does not factor in other staff members that joined Frank and have subsequently left.
That perhaps explains why ENIC took so long to sack Frank, but ultimately it is a decision that just had to be made.