SWANSEA City were ready to make Gylfi Sigurdsson their highest-paid player — but he will get twice as much cash after signing for Tottenham Hotspur.
The Evening Post has learned that Swansea were prepared to pay Sigurdsson around £30,000 a week — £5,000 a week more than he was earning at former club Hoffenheim.
It is understood Liverpool offered Sigurdsson only marginally more money to move to Anfield, but Brendan Rodgers's hopes of a reunion with the Icelander were dashed when Spurs entered the bidding.
The North London club will pay Sigurdsson in the region of £55,000 a week after he opted for a move to White Hart Lane.
Swansea simply cannot compete with that kind of deal, though it has also emerged that their interest in the player waned considerably once Rodgers left Wales for Anfield.
Chairman Huw Jenkins had sanctioned what would have been comfortably the richest transfer deal in Swansea's 100-year history when Rodgers was at the Liberty helm.
And though the club maintained they still wanted Sigurdsson even after Rodgers's exit, their desire to push through the move faded once the Northern Irishman had departed.
Swansea can now use the Sigurdsson funds elsewhere, with new boss Michael Laudrup keen to bring Villareal midfielder Jonathan de Guzman and Genoa centre-back Chico Flores to the Liberty.
Sigurdsson, meantime, will aim to make his mark in a Spurs shirt after turning down the chance to work with a manager he knows well in Rodgers.
The 22-year-old was also wanted by Newcastle, but it is believed his representatives told the Toon he wanted to play for Rodgers.
That meant it was something of a shock when the former Reading man opted for Tottenham.
Sigurdsson has claimed his new club's ambition was the key behind his move. "I enjoyed playing under Brendan and I am grateful for everything he has done for me, but after careful consideration I liked Spurs best," he said.
"I was impressed with the club's plans for next season and the coming years. There is clearly great ambition at Tottenham and the club intend to do big things."
A frustrated Rodgers, meanwhile, said: "Liverpool would have provided Gylfi with a wonderful opportunity to perform with a manager that he knows and at a club which is a real footballing institution.
"But he's decided to go to Tottenham, for whatever reason.
"I wish him the best, he's a good kid and there's no ill feeling. We've got other targets and we'll move on."