Looking deeper into the current Spurs scenario, Oz.
Levy said in April 2025:
Since opening our new stadium in April 2019 we have invested over ?700million net in player acquisitions.
Recruitment remains a key focus and we must ensure that we make smart purchases within our financial means.
Levy, though, insisted:
Our capacity to generate recurring revenues determines our spending power.
We cannot spend what we do not have and we will not compromise the financial stability of this club.
Levy warned:
Our spending in the transfer market must be smart and sustainable after Spurs on March 31 had announced a fall in revenue on top of mounting challenges on the pitch.
Spurs revenue fell 4% for the year ending June 2024 from 549.6 million in the previous year to 528.2 million, while the club reduced losses after tax, with a deficit of 26.2 million from 86.8 million in 2023.
Chairman Levy, who has been criticised by fans for not spending enough on the squad, defended his investment in players reiterating Spurs need to be 'financially-sustainable'.
Spurs have been forced to put transfer plans for this summer on hold amid the double uncertainty over head coach Ange Postecoglou and whether the club will be competing in Europe next season.
Postecoglous team cannot qualify for Europe through the PL but could still snatch an unlikely Champions League place by winning the Europa cup.
So, what does the aggressive new approach to youth recruitment tell us about Spurs woes ?
Archie Gray joined the likes of Micky van de Ven & Brennan Johnson into a Spurs squad already bursting with youth since the prior season transfer window when Postecoglou was appointed as head coach with the average age of his new signings at Spurs being younger than 22 !
This season, alongside Gray, they have also added promising Swedish midfielder Lucas Bergvall, who is 18 & winger Wilson Odobert,19, who had joined from Burnley.
Mmmm, squad spending risks after fancy stadia upgrades, eh. 🙄




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