The next Tottenham manager should have money to spend at Tottenham this summer, claims football finance expert Kieran Maguire.
This comes after the north London club confirmed last month (via football.london) that they had raised £250m through the sale of US private placements to institutional investors.
It is still unclear who will succeed Jose Mourinho with BBC Sport reporting that talks with former Inter Milan and Chelsea boss Antonio Conte have ended after he emerged as the clear frontrunner in recent days.
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But whoever does end up in the Tottenham Hotspur Stadium dugout, Maguire believes he should be in a position where he can spend some cash this summer.
“They’ve certainly got cash in the bank which will allow them to pay the day–to–day costs,” Maguire exclusively told TIF. “I suspect that they’ve tried to ring-fence the transfer budget and this issue of PPs will allow them to do so.
“So, yeah, they should be in a strong position to go into the transfer market this summer.”
Tottenham have previously been linked with a big-money move for Inter Milan defender Milan Skriniar, and centre-back appears to be a key position that may need strengthening if the north London outfit are to push on next season.
Keeping Harry Kane at the club, though, will surely be the most important thing on the agenda.