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Football Finance expert Dan Plumey believes that Tottenham Hotspur may splash a lot of cash before the transfer window slams shut, and that might be down to a very interesting reason.
While moves for Mathys Tel and Kevin Danso were made permanent earlier this summer, Mohammed Kudus, Kota Takai and Joao Palhinha have been the only new players added to the Spurs squad this summer – with Xavi Simons not far behind.
Most Spurs fans understandably feel that Tottenham need more reinforcements to their squad if Thomas Frank is going to deliver on his aim of challenging on all four fronts.
Many journalists have predicted that Spurs are going to have a busy end to the transfer window, with more signings expected.
Tottenham takeover talks could be behind decision to spend big
We have heard over the last 24 hours that Tottenham are working to secure Xavi Simons in a big-money deal, and some sources indicate that it may not be the club’s only signing.
According to various reports, Spurs are also keen on adding another winger to their squad before the window slams shut on Monday.
Dan Plumey believes that Tottenham are working to build a strong squad to make the club as attractive as possible for the club’s prospective buyers.
When asked why Spurs are keen on splashing the cash this summer, the football finance expert told Football Insider: “I think the Champions League is a huge factor in that, in the sense of where they were last season, and obviously getting into that competition. I think there’s a little subtext there.
“It’s tough with ownership, because there is also a way you can look at that where if you are looking to sell, you need to give the club the best possible chance to be able to be sold.
“For a buyer to come in and pick up something that you can run with, then what you want is a decent squad for a new owner to inherit.”
Tottenham may also want to manage their transfer debt
Plumey is correct in saying that Tottenham will be more attractive to prospective investors if they have a more valuable playing squad.
On the other hand, Spurs’ transfer debt is already one of the highest in the Premier League, and adding to that will make the club less attractive to potential buyers.
However, that is perhaps offset by the fact that Tottenham have one of the lowest wage-to-turnover ratios in the Premier League.
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