Levy will make Blackburn pay up to 3m if they want old skipper Sherwood to replace Kean as boss
21:30 GMT, 29 September 2012
Tottenham chairman Daniel Levy will demand hefty compensation from Blackburn Rovers if they want Tim Sherwood as their new manager.
Levy handed a new long-term contract to Sherwood, a former Rovers title-winning captain, in the summer and the 43-year-old has an important role at White Hart Lane as a technical co-ordinator overseeing the club's youth programme.
Rovers need a new manager following Steve Kean's resignation on Friday and Sherwood is seen as a leading contender because of his previous history with the club, most notably skippering the 1995 side that won the Premier League title.
Top target: Blackburn want Tim Sherwood to replace departing boss Steve Kean
Just a minute! Daniel Levy (left) will make Blackburn pay if they want Tim Sherwood
He survived a cull of backroom staff at Spurs following the departure of Harry Redknapp in the summer and Levy could want as much as 3million to allow him to move to Ewood Park.
Levy is regarded as one of the canniest operators in the Premier League and would have asked for 5m compensation from the FA had they appointed Redknapp while he was in charge at Spurs.
Other contenders for the Blackburn job include former Wolves boss Mick McCarthy, another Rovers favourite Garry Flitcroft, now in charge of non-league Chorley, and current caretaker Eric Black.
A decision may not be made for the next fortnight while the financial wrangling that has accompanied Kean's acrimonious reign is settled.
The Scot, who had to fight a hate campaign by fans after succeeding the popular Sam Allardyce, described his position as 'untenable' in his resignation statement.
Earlier this season, he revealed the club had signed three players he had not even seen play.
Out: Kean said he was 'forced out' by Blackburn's owners
Derided: The Scot was not a popular figure at Ewood Park and fans staged regular protests against him