Tottenham owners ready to green light ‘major’ spending spree, this is how they plan to do it
Tottenham are enduring another disappointing campaign following a string of poor results in the Premier League.
Igor Tudor has been appointed as manager until the end of the season after Thomas Frank was dismissed earlier this month.
Tottenham were beaten 4-1 by rivals Arsenal on Sunday (22 February), leaving them looking over their shoulder.
Spurs are now just four points above third-bottom West Ham in the Premier League table, having failed to win any of their past nine top-flight matches.
However, the north London giants are planning a significant shake-up this summer, provided they can retain their Premier League status over the coming months.
How Tottenham’s spending is impacting their ability to compete
Tottenham’s hierarchy has been heavily criticised by the club’s supporters for their lack of spending in recent years.
Former executive chairman Daniel Levy previously felt the brunt of those frustrations, but now the Lewis family, who own a majority share at the Tottenham Hotspur Stadium, are now facing increased fan pressure.
The Guardian reported on Tuesday (24 March) Spurs’ owners are planning to rip up their wage structure before undertaking a “major” overhaul of the squad this summer if they avoid relegation to the Championship.
Tottenham have been spending significantly less on wages than some of their Premier League rivals over the past few seasons.
Deloitte’s 2026 Money League revealed Spurs’ wage bill increased from £222million in 2023-24 to £249m last season.
Meanwhile, Liverpool’s wage bill surged to £421m as they lifted the Premier League title, with Manchester City spending £408m and Arsenal’s total reaching £338m.
How Tottenham are planning to match Arsenal’s spending
It finally appears as though Tottenham’s owners are ready to green light a spending spree as they look to compete consistently for major honours.
Finance expert Stefan Borson told Football Insider Tottenham are planning to match Arsenal, but he warned it could take some time for them to bridge the gap.
“I think that it’s very likely that we see a new phase and you have to judge it not just on one window but on a series of windows, maybe six windows, eight windows,” said Borson.
“But I would think over the next few years you will see Spurs increasing their average spend on players coming in and on the wage bill.
“I would think the wage bill over the next few years will get closer and closer to City, Liverpool, Arsenal and Chelsea. Manchester United are actually going the other way, but depending on what happens with the Champions League, then they may start to go up again.
“I think you’ll see Spurs effectively pulling away from the Newcastle and Aston Villa block, as we now have, and more towards the other five of the big six.
“I just don’t think you can operate as a Champions League club and a Premier League challenger with a wage bill of £250m total. It just doesn’t work. It’s just not enough. Your squad is too small.”
To read more about Spurs’ financial situation, head over to Tottenham News.