According to a recent report, Tottenham Hotspur do not appear likely to spend big this summer after Joe Lewis instructed Daniel Levy to run the club more sustainably.
The report by Football Insider claims a Tottenham source has revealed that – following losses of £63.9m in the club’s last set of accounts, as well as Levy’s warning of further losses in the region of £150m if football remains behind closed doors for the remainder of the season – Spurs do not appear to be in a position to splash the cash on new signings in the summer window.
In addition to the club’s rather bleak financial circumstances, Football Insider also reported that Tottenham and ENIC owner Lewis has instructed Levy to run the club in a more sustainable manner in an attempt to balance the books, rather than relying on the businessman’s personal fortune to fund future transfers.
Will Spurs sell one of Kane or Son this summer?
Transfer Tavern Take
As such, if Football Insider’s source is to be believed, it appears extremely unlikely that there will be any major incomings for the club this summer, something which is not likely to please either Jose Mourinho or the Tottenham fanbase.
However, with it being reported earlier this year that the club are open to selling one of their current stars to fund summer acquisitions, perhaps this could be a way of Mourinho freshening up his squad over the summer market, albeit at the potential expense of an important part of his current side.
In other Tottenham news, this Spurs transfer admission lifted the lid on a failed Daniel Levy coup with Pochettino – find out more here!
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