DANIEL LEVY HAS ALWAYS BEEN METICULOUS WITH THE CLUB’S MONEY, HAVING COMMISSIONED SEVERAL PROJECTS – INCLUDING THE CONSTRUCTION OF THE NEW TOTTENHAM HOTSPUR STADIUM, DESIGNED TO PROVIDE LONG-TERM FINANCIAL RETURNS.
SPURS SUPPORTERS HAVE BEEN EXPECTING BIG-NAME SIGNINGS TO ARRIVE FOR NEW MANAGER THOMAS FRANK, BUT THE CLUB IS YET TO MAKE ANY SIGNIFICANT MOVES IN THE TRANSFER MARKET.
THIS STALL COULD BE ATTRIBUTED TO LEVY’S RELUCTANCE TO SPEND HEAVILY ON TRANSFERS, BUT THERE ARE GROWING INDICATIONS THAT A MORE SERIOUS CASH FLOW ISSUE MAY BE AT PLAY.
TOTTENHAM NOW FACE ‘SERIOUS’ FINANCIAL OBSTACLES THAT COULD DELAY THEIR TRANSFER PLANS, WITH PRESSURE MOUNTING ON LEVY AS QUESTIONS ARISE ABOUT THE CLUB’S CURRENT POSITION.
HOWEVER, CHANGE COULD BE UNDERWAY BEHIND THE SCENES. LILYWHITE ROSE OWNER JOHN WENHAM TOLD TOTTENHAM NEWS THAT ACTIVITY IS ALREADY TAKING PLACE IN THE BACKGROUND.
“TOTTENHAM DID JUST RECENTLY BUILD THE STADIUM,” WENHAM SAID.
“AFTER THAT MASSIVE EXPENSE, IT’S NO SURPRISE TRANSFERS ARE BEING STRUCTURED DIFFERENTLY. I KNOW THEY HAVE LOW-INTEREST LOANS, AND DESPITE THE CURRENT CASH SHORTAGE, I BELIEVE DEALS ARE BEING WORKED ON QUIETLY. WE’VE SEEN BOARDROOM CHANGES, AND I STILL EXPECT US TO SPEND LIKE WE DO EVERY SUMMER.”
TOTTENHAM WILL NEED A STRONG SEASON TO STABILISE
WHILE NEW SIGNINGS REMAIN A PRIORITY, SPORTING SUCCESS COULD BE ANOTHER KEY PATH TO BOOST THE CLUB’S FINANCES. THAT COULD START WITH A POTENTIAL WIN OVER PARIS SAINT-GERMAIN IN THE UEFA SUPER LEAGUE.
DESPITE LIFTING THE UEFA EUROPA LEAGUE TROPHY, SPURS FINISHED 17TH IN THE PREMIER LEAGUE,A RESULT THAT HIGHLIGHTS THEIR INCONSISTENCY AND COULD DISCOURAGE POTENTIAL SIGNINGS.
MORE CRITICALLY, POOR ON-PITCH PERFORMANCES COULD DETER FUTURE INVESTMENT. STRONG RESULTS WOULD NOT ONLY ATTRACT BETTER PLAYERS BUT ALSO REASSURE INVESTORS THAT THE CLUB IS WORTH BACKING.
AS SUCH, LEVY MUST BALANCE THE CLUB’S FINANCIAL PLANS WITH SPORTING SUCCESS IF TOTTENHAM ARE TO RETURN TO THE TOP BOTH ON AND OFF THE PITCH.
