Date: 6th June 2019 at 8:30am
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Tottenham have a number of positions to strengthen ahead of next season which could require a lot of spending money. Spurs went 12 months without making a permanent signing and recently paid close to £1bn for their 62,000-seater stadium, so Mauricio Pochettino isn’t expected to have a lot of funds released by Daniel Levy for new signings.

According to Matt Barlow of the Daily Mail, Tottenham have £50m to spend this summer plus whatever they can generate from player sales. It puts a lot of pressure on Pochettino to heavily trim his first-team squad before he can adequately strengthen in key areas. Spurs won’t be able to afford all their top targets this summer, so 2019/20 might be an underwhelming campaign.

The Lilywhites could be in the market for a central defender (Sampdoria’s Joachim Andersen), a creative midfielder (Aston Villa’s Jack Grealish, Leicester City’s James Maddison and Barcelona’s Andre Gomes), a wide-man (Fulham’s Ryan Sessegnon and Hull’s Jarrod Bowen) and a centre-forward (Bournemouth’s Callum Wilson). Pochettino can’t sign them all, however.

Supporters may have hoped for a large player turnover this summer, but Tottenham may be restricted due to their reported budget.

Crippy Cooke’s previous article

Report: Fenerbahce considering a move for £34k-per-week Tottenham man

 
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3 Replies to “Explained: How much money Tottenham have to spend this summer”

  • Ah, Crippy, me lad. I prefer to wait to see what happens rather than to cry reading your take on things. I’m surprised you didn’t mention all the money THFC is going to save in salary when Poch leaves later this month, so they can sign a few decent players when Timmie Sherwood agrees to come back and work for free out of his shear love for DL and Real Madrid agree to pay Gareth Bale’s and Luca Modric’s salaris as they return to us. Good grief, man, you’ve painted a dismal story. You left out the part where some Russian gangster buys our souls and turns us into a one-year wonder and names the new WHL Purgatory Place.

  • I wish people who don’t understand finance wouldn’t write about it. First (and most important) we haven’t paid for our new stadium, if we had we’d be in a fantastic position. We will pay for it over a number of years but there are wildly differing figures being thrown about over how much we owe and over what period we intend to pay it off. You need to know both those things to know what impact it will have on signings. Secondly you need to factor in the champions league money, something close to £100m I suspect. That’s not part of the stadium repayments. Why ? because you can’t set a budget that assumes you’ll get to the final of the champions league every year or you’ll be in major difficulty the first time you don’t (think Peter Risdale and Leeds). Then there’s the Eriksen sale, how much is that worth ? Its not just about how much we’ve got there’s also the question of who out there is actually worth buying. When you start reading this stuff its amazing how few actual names are mentioned.

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