Finance guru: Tottenham could now shell out '£100m' after Daniel Levy transfer pledge
Tottenham could spend £100million on new recruits this summer regardless of if they qualify for the Champions League or not.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about Spurs’ plans to back Antonio Conte in the transfer market in the upcoming window.
The Italian manager replaced Nuno Espirito Santo in November last year and has not been shy about his desire to bring in a new level of player.
As quoted by The Athletic earlier this month (6 May), Conte insisted that the North London club need to spend a “lot of money” or “hope for a miracle” if they are to compete for the league title.
And in a statement to supporters last Sunday (15 May), chairman-cum-co-owner Daniel Levy pledged further investment in the summer.
Spurs are in the hunt for a lucrative top-four spot with one game to go this term.
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But Plumley suggests that Levy could sanction a nine-figure war chest whether they make it over the line or not.
“They can spend under FFP,” the Sheffield Hallam University expert told Football Insider’s Adam Williams.
“Financial performance has largely been good in recent years due to the way Levy has run the club like a business.
“But their revenue is still behind City, Chelsea, Liverpool and United. There’s a big gap there, both in the finances and on the pitch.
“We should stress that Champions League football would make a huge impact on spending. If they qualify, that could see them spend £100m to compete in that competition.
“If they don’t make it, there will also be a clamour for investment so they can make it next season. So you can see them spending that either way.”
Conte’s side travel to Norwich City on the final day of the season on Sunday (22 May).
Challengers Arsenal meanwhile take on Everton.