Latest Tottenham news: Daniel Levy claims Spurs have money to spend despite stadium move
The club confirmed yesterday that Crystal Palace would be our first visitors in the new stadium on 3 April.
Levy told during a meeting with the Tottenham Hotspur Supporters’ Trust on Tuesday that despite a huge debt, spending in the transfer market could take place (h/t Sky Sports):
“With a debt of £637m, subject to reasonable assumption on interest rates, the net spend on players would not be affected”.
The chairman added that qualifying for the Champions League would provide the team with more “flexibility” in the market. Spurs currently lie third in the Premier League, three points ahead of fifth placed Manchester United.
More spending in place at stadium
Levy refused to share the final cost of the stadium construction and added that further work will continue at the ground with spending set for another 12 months.
The chairman also shed light as to why we haven’t spent on players in two transfer windows. Levy told that signing players was “tricky” and that the market “wasn’t as liquid as it had been previously”.
Tottenham’s lack of spending has affected the squad this season with several of our first-teamers picking up injuries.
Fortunately, we have come out relatively unscathed but our form in the last month of the Premier League has been poor.
Spurs have picked up just one point from their last four games and lost their way in the race for the title.
Read more Tottenham news, click here – Latest Tottenham news
We need to ensure a top four finish as that will bring additional funds in. Lifting the Champions League won’t be easy too as we face Manchester City over two legs in the quarter-finals.
Serie A giants make approach to sign experienced Tottenham star in the summer
Inter Milan make contact with Jan Vertonghen over summer transfer Italian giants Inter Milan have set their sights on Jan...
Tottenham to battle Manchester United for this 28-year-old Bundesliga star
Tottenham to battle Manchester United for Emil Forsberg Tottenham Hotspur manager Jose Mourinho is keen on signing Bundesliga winger Emil...
Tottenham star sends message to fans as he steps up rehabilitation
Moussa Sissoko takes to the pitch as he continues to recover from injury Tottenham Hotspur midfielder Moussa Sissoko has stepped...
Tottenham to battle Arsenal for this promising 21-year-old La Liga full-back
Tottenham to face off against Arsenal for Marc Cucurella Tottenham Hotspur are set to battle it out with arch-rivals Arsenal...
Talented 18-year-old Tottenham midfielder signs new contract until 2023
Harvey White signs new Tottenham contract till 2023 Tottenham Hotspur youngster Harvey White has signed a new contract at the...
FA punish official for Lo Celso error in Tottenham’s game vs Chelsea
Referee David Coote dropped from duty this weekend after Lo Celso error Referee David Coote has been dropped from Premier...