Speaking recently on the Ask Ornstein YouTube show, Jack Pitt-Brooke discussed Tottenham Hotspur’s financial troubles ahead of the summer transfer window.
After a summer window that saw Tottenham spend £70.65 million on the likes of Sergio Reguilon, Matt Doherty, Pierre-Emile Hojbjerg and Joe Rodon, as well as securing season-long loan deals for Gareth Bale and Carlos Vinicius, Spurs were rather quiet in the January market, with the club’s only transfer activity being the departures of Paulo Gazzaniga and Jack Clarke on loan deals, and the termination of Gedson Fernandes’ loan in north London.
And with Football Insider recently reporting that Tottenham are prepared to sell one of their star players at the end of the season in an attempt to balance their books due to the financial effects of the global pandemic, it would appear as if this coming summer does not look likely to produce a flurry of incoming transfers at Tottenham.
This was one subject of conversation on a recent episode of the Ask Ornstein YouTube show, in which Pitt-Brooke claimed that Tottenham’s finances could indeed pose Jose Mourinho with a big problem this summer.
He said: “Money is going to be a huge problem – Spurs have been hit worse than anyone really by [the pandemic] in the sense that Spurs projected they are hundreds of millions of pounds down because of [the pandemic], particularly if they’re not going to be in the Champions League next year.
“They might not even be in the Europa League, we don’t know yet. It’s going to be tough, they’re going to have to find a way to improve the squad without very much income, and that will also ask an awful lot of Daniel Levy, Steve Hitchen and whoever next season’s manager is.”
Are you concerned about Spurs' finances?
TIF Thoughts on Jack Pitt-Brooke’s comments regarding Tottenham’s finances…
While the journalist’s comments regarding the financial state of Tottenham do not particularly come as a surprise – as for the majority of this season, Spurs’ relatively new £850 million stadium has sat empty – the news is still likely to be disheartening for the club’s fanbase, not only because their side could be forced into the summer sale of one of their stars, but also because it is evident the team who currently sit in ninth place in the Premier League standings could use significant improvement.