Mauricio Pochettino has signed a five-year contract at Tottenham Hotspur after guiding the club into the Champions League for the third successive season. He has been rewarded with a £3 million pay rise, taking his salary to £8.5 million a year and making him the fourth best-paid manager in the Premier League, after Pep Guardiola, José Mourinho and Antonio Conte.

After Tottenham’s final match of the season against Leicester City 12 days ago, Pochettino challenged Daniel Levy, the chairman, to “be brave and take risks” this summer, and the Argentinian has received assurances that he will have significant funds to spend during the transfer window.

Tottenham plan an overhaul to their squad and Pochettino could have as much as £150 million to spend, although that