Jan Paul van Hecke of Brighton & Hove Albion during the Premier League match Newcastle Untied vs Brighton & Hove Albion at St. James s Park, Newcastle, United Kingdom on 02 May 2026 / Tottenham Hotspur defender on loan at Hamburg in the Bundesliga during 2025-26 season
Tottenham and Brighton raised eyebrows at UEFA after deals with Jan Paul van Hecke and Luka Vuskovic.Imago

Tottenham and Brighton could be punished after agreeing 'swap deal' - Finance Guru

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Tottenham Hotspur nor Brighton will be concerned by a potential punishment from UEFA following their "swap deal".

That is according to former Manchester City financial adviser Stefan Borson, who exclusively told Football Insider that the Seagulls will have to deal with the situation now due to playing in Europe this season.

Eyebrows were raised when Spurs splashed £52million on Jan Paul van Hecke, and even more so after Luka Vuskovic went the other way on a £46m deal.

It was suggested at the time that UEFA could get involved due to the breaking of their new 45-day rule on player exchanges, but very few are aware of the implications it could cause.

Roberto De Zerbi has splashed over £200m so far this summer, but the Van Hecke-Vuskovic situation has caused the most controversy and confusion by far.

Multiple clubs have faced sanctions and fines from UEFA in recent weeks, but it would not appear that either club are worried about that prospect.

Tottenham and Brighton 'aren't that bothered' by UEFA rules

Speaking exclusively to Football Insider, Borson explained why UEFA's rules had been broken, and how it could impact the clubs going forward.

"It's definitely a swap deal. They call it player exchange, but it ticks a number of the boxes within the test," he said.

"Most importantly, it's within 45 days. I think they just took a view that because it was an equal deal on both sides in some respects, profit-wise and also in respect of the book values, that they're probably not that bothered.

"Brighton, obviously, are the only one that are in UEFA competitions, so they're the only one that need to concern themselves with meeting both UEFA squad cost ratios, and the Football Earnings Test.

"Spurs are going to look forward and going to go, 'Well, you we need to consider it in the future' and clearly, player trading profit from a UEFA perspective goes for three years.

"So it's relevant in that respect. They probably just took a view that it wasn't that big a deal and went ahead anyway. The overall impact will not be that significant."

Jan Paul van Hecke of Brighton & Hove Albion during the Premier League match Newcastle Untied vs Brighton & Hove Albion at St. James s Park, Newcastle, United Kingdom on 02 May 2026 / Tottenham Hotspur defender on loan at Hamburg in the Bundesliga during 2025-26 season
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Jan Paul van Hecke of Brighton & Hove Albion during the Premier League match Newcastle Untied vs Brighton & Hove Albion at St. James s Park, Newcastle, United Kingdom on 02 May 2026 / Tottenham Hotspur defender on loan at Hamburg in the Bundesliga during 2025-26 season
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Who else could leave Tottenham this summer?

Spurs' business is unlikely to be done just yet, with plenty of movement expected in the final few days of the summer transfer window.

The current squad is far too large for a team not challenging in Europe this season. The likes of Djed Spence, Lucas Bergvall and Pape Sarr are all likely to go.

Ashley Phillips is joining Middlesbrough, and unsurprisingly so, given how many defensive additions De Zerbi has made this summer.

The one area of the pitch that supporters would want improvements is the centre-forward spot, but there is very little movement in that department right now.

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