Connect with us


Mauricio Pochettino Insists Tottenham Are Financially Strong Despite Spending £750 Million On The New Stadium




Tottenham are one of the latest London teams to make a move to a massive stadium. The club are in the process of building a new 61,000 seater stadium, which would cost around £750 million. Without adjusting for inflation, it is almost close to the amount spent by the England FA on the new Wembley stadium several years ago. This is such a substantial investment and it may already be showing its signs in the club’s ability to compete in the transfer market. Tottenham have not made any significant signings this season.

So far in this January transfer window, the club has been fairly quiet. It has led to suggestions that they are financially unable to compete in the transfer market due to their stadium commitment, but the manager, Mauricio Pochettino, has dismissed suggestions that the club are undergoing financial difficulty.

As quoted by the Evening Standard, he said:

“We don’t need to be worried. It will be our decision, but today it is not about money because Tottenham are one of the healthiest clubs in the world from a financial point of view.

“The chairman, Daniel Levy, deserves full credit for that and we are working very hard with him.

“He is doing a fantastic job to keep our best players and he is building a great stadium for the future of Tottenham and our supporters.”

The strong words from the manager are likely to pacify supporters for the time being, but they would ideally like to see some new faces at the White Hart Lane before the end of January. New faces are utmost important considering that the club are involved in three different competitions.

Only a few months ago when the club were without players like Harry Kane due to injury, they underwent a very poor run of form. This led to criticism that the club did not strengthen the squad properly after having finished third last season. It may have been partly true to some extent with only players like Victor Wanyama succeeding amongst of the summer signings. At a time when clubs like Crystal Palace were spending more than £25 million on one player like Christian Benteke, Spurs did not bring in extravagant signings.

Arsenal’s inability to compete with the top clubs for the title over the last decade or so has largely been linked with the enormous expenditure made on the construction of the Emirates stadium. Arsenal made the move from the Highbury to the Emirates stadium for around £400 million in 2006. This was an enormous investment 10 years ago. Even though Arsenal received a lot of assistance from the naming rights and other sponsorship deals, Arsene Wenger has always maintained that the club had to go through a difficult period in terms of finances due to the loan repayment schedule caused by this expenditure.

While there is no arguing that Spurs have one of the best starting line-ups in the league, the quality of the substitute are far less compared to title contenders like Chelsea and Liverpool. A couple of big names for around £50 million in January could totally alter the situation.


Spurs Transfer News

Dele Alli is suspended for the game Dele Alli is suspended for the game
ARTICLES2 days ago

“Not going to hang around”: Pundit tips England international to leave Tottenham after starting XI snub

Graeme Souness claims unhappy Dele Alli may leave Tottenham Speaking on Sky Sports (h/t Express), former Liverpool manager and TV...

Serge Aurier Serge Aurier
ARTICLES2 days ago

Transfer News: Ligue 1 giants interested in 27-year-old Tottenham star

AS Monaco want to sign Tottenham star Serge Aurier According to a report from Sky Sports, French Ligue 1 outfit...

ARTICLES2 days ago

Tottenham face competition from European giants for £27m-rated former Mourinho protege

Tottenham target Kurt Zouma offered to Paris Saint-Germain According to a report from TF1 (h/t Express), Chelsea star Kurt Zouma,...

Harry Kane is the undisputed first-choice striker at Tottenham Harry Kane is the undisputed first-choice striker at Tottenham
ARTICLES2 days ago

PL winger believes Mourinho’s presence will convince 26-year-old Tottenham star to stay at club

Andros Townsend believes Jose Mourinho’s presence will convince Harry Kane to stay Speaking on talkSPORT (h/t Daily Mail), former Tottenham...

Mourinho has praised Alli on numerous occasions in the past Mourinho has praised Alli on numerous occasions in the past
ARTICLES3 days ago

Former Tottenham star warns Jose Mourinho about Daniel Levy’s strict transfer policy

Jose Mourinho warned over Tottenham chairman Daniel Levy’s transfer policies In an interview with Goal (h/t Express), former Tottenham Hotspur...

Olivier Giroud Olivier Giroud
ARTICLES3 days ago

“A smart signing”: Former Tottenham star tips club to make a move for World Cup-winning PL star

Paul Robinson tips Tottenham to make a move for Chelsea’s Olivier Giroud In an interview with Football Insider (h/t Daily...

ARTICLES3 days ago

Mourinho ‘wouldn’t swap’ 24-year-old Tottenham ace for in-form PL star

Tottenham boss Jose Mourinho ‘wouldn’t swap’ Giovani Lo Celso for Bruno Fernandes Speaking to Sky Sports News on the eve...

Tanguy Ndombele goes through his training routine Tanguy Ndombele goes through his training routine
ARTICLES3 days ago

“Not a drama”: Tottenham boss Jose Mourinho denies rift with star

Jose Mourinho denies rift with Tottenham star Tanguy Ndombele As reported by the Daily Star, Tottenham Hotspur boss Jose Mourinho...

Sergej Milinkovic-Savic Sergej Milinkovic-Savic
ARTICLES3 days ago

Tottenham manager Jose Mourinho remains intent on 25-year-old Serie A star

Tottenham boss Jose Mourinho keen on Sergej Milinkovic-Savic According to a report from Footmercato (h/t Express), Tottenham Hotspur are interested...

Arkadiusz Milik Arkadiusz Milik
ARTICLES3 days ago

26-year-old target set to snub Tottenham in favour of European giants

Arkadiusz Milik to snub Tottenham for Juventus According to a report from Tuttosport (h/t, Tottenham have been dealt a...