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The Actual News

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Why Spurs' statement spending looks set to continue

Why Spurs' statement spending looks set to continue

Summary

Tottenham Hotspur football club is spending a lot of money to improve its team, breaking its record for transfer fees twice in a few days. The club’s owners want Tottenham to compete with the top Premier League teams and have already invested over £237 million this summer, with more spending possible.

Key Facts

  • Tottenham has spent over £237 million on new players this summer, breaking their club’s transfer record twice.
  • They bought Mateus Fernandes from West Ham for £85 million, a club-record fee.
  • They agreed to buy Sandro Tonali from Newcastle for up to £100 million.
  • Tottenham finished 17th in the Premier League last two seasons, just above the relegation zone.
  • The club’s leadership changed when Daniel Levy stepped down as chairman in September.
  • New chairman Peter Charrington and owners authorized a major reset and invested £100 million twice in 10 months.
  • Roberto de Zerbi, the new head coach, has more influence on player recruitment.
  • Spurs aim to return to the top six teams of the Premier League by spending early and heavily in transfer windows.
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