What Tottenham keep saying behind-the-scenes about spending in the transfer market

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Tottenham Hotspur have had aspirations of becoming a truly top club in recent years.

Spurs reached the Champions League final in 2019, but, since then, Tottenham haven’t quite been able to sustain that top-level abilty to challenge.

Of course, there are many factors that play into Spurs not being able to kick-on, but one of the main issues over the past few years has been the inability to spend in the transfer market in the same way their rivals have.

Manchester City, Chelsea and Arsenal have all broken the £100m transfer barrier in recent years, while Manchester United and Newcastle have also spent heavily during that time.

Liverpool haven’t been quite as frivolous, but the Reds are an exception rather than the rule in this case.

Speaking on The Athletic FC Podcast, Jack Pitt-Brooke has been discussing some of the business dealings at Spurs, and he says that there is this view internally at Tottenham that the club are under-equitized and that they want to be able to spend more in the transfer market.

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Tottenham want to spend more

Pitt-Brooke shared what he’s been hearing internally about Spurs and their ambitions.

The journalist says that Tottenham want to make a bigger splash in the transfer market, but there is some level of acceptance that isn’t possible at the moment due to the revenue streams of the rest of the big six.

“So I think the belief internally is that Spurs are kind of under-equitized is the word that’s been used to me. Matt might be better at explaining what exactly that means. But I think it kind of comes from a belief that even in the era of PSR, there’s still a big gap between what Tottenham can do and what their rivals can do,” Pitt-Brooke said.

“And there’s a lot of stuff that the club want to be able to do. I think they would like to be able to maybe throw their weight around a bit more in the transfer market.

“But I think there’s an acceptance that they can’t, in the current position that they’re in, that they don’t really have the capacity to compete on the same level as certainly the biggest teams in revenue terms, City, Liverpool, Manchester United, who are still ahead of Tottenham financially, even with the strides that Spurs have made in the last five years.”

Amanda Staveley could invest in Tottenham

Tottenham want to be able to spend more on transfers, and outside investment could be their ticket to doing just that.

Amanda Staveley is interested in investing in Tottenham alongside some sort of consortium, and that could propel Spurs to new heights.

Staveley has apparently been telling people in football that she has the backing needed to invest in Spurs.

As frustrating as it is, cash remains king in football, and the teams that can spend the most often rise to the top.

Luckily Staveley and her partners could provide Tottenham with the investment needed to kick on, but, as ever, money is only useful if you spend it correctly.

Let’s not forget, after that Champions League final, Spurs went on a spending spree, bringing in the likes of Tanguy Ndombele, Ryan Sessegnon and Giovani Lo Celso, but those deals didn’t quite work out as planned.

Not only do Tottenham need to be aggressive in the transfer market in terms of spending, they also need to be savvy.