It was a rollercoaster of a winter window for Tottenham Hotspur and Daniel Levy, with multiple targets rejecting a move to White Hart Lane. However, Levy eventually pulled a rabbit out of the hat by securing Mathys Tel from Bayern Munich. The transfer initially seemed improbable, given the Frenchman’s reluctance to move to North London.
The 19-year-old had initially turned down the switch to N17, even after the club chairman personally flew to Germany in an attempt to secure his signature.
The late twist in the tale

However, the trip wasn’t entirely in vain, as the Lilywhites managed to secure Tel on a loan deal on the final day of the January window. While finalizing the move, the North Londoners made a last-minute request to include a purchase option in the contract—a proposal that was ultimately agreed upon by the player, his representatives, and the German giants.
And now there have been reports about how Bayern Munich CEO Jan-Christian Dreesen personally stepped in to ensure that the move happens, with German publication SportBILD (as relayed by Sport Witness) reporting that Bayern are optimistic about securing the €60 million from Tottenham for Tel when the summer comes around. The financial income would come as a massive boost for them, given how Bayern is going through a tough problem with contract renewal costs complemented by a maintenance budget for future transfers.
Bayern needed it more than Tottenham?

And this €60 million offer from the North Londoners was seen as an opportunity by the chiefs at Allianz Arena to balance the books. That being said, the transfer was far from straightforward. When Tel initially rejected the move, Bayern CEO Jan-Christian Dreesen had to intervene directly, leveraging his established relationship with Daniel Levy to negotiate the terms and ultimately push the deal through during the winter window.
From a financial perspective, the move played out excellently for Bayern. The €60 million option to buy provides them with a lucrative potential sale, while the initial loan agreement could still yield around €10 million through performance-related bonuses.
From a business standpoint, Bayern Munich have handled this deal masterfully. They’ve secured a pathway to a significant sale while still holding leverage through Tel’s performances. If he shines at Tottenham, they profit handsomely. If he doesn’t, they retain an asset that could still develop further.
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For Tottenham, the transfer represents both ambition and a gamble. Tel is undoubtedly talented, but he remains an unproven quantity at the highest level in the Premier League. The club’s urgency to land a player after multiple rejections suggests they might have overcommitted financially, especially given Tel’s initial reluctance.
Much will depend on how well he adapts to Postecoglou’s system. If he thrives, Levy will have secured a major coup. If he struggles, however, questions will be raised about whether Tottenham made the right call in pursuing him so aggressively.
How many goals do you think Tel will score this season? Let us know your thoughts in the comments below.