Report: Tottenham free up an extra £27 million ahead of summer spending
Tottenham have managed to earn themselves just shy of £30 million for Postecoglou to add to his summer spending budget.
Ange Postecoglou wants a summer rebuild at Spurs
Manager, Ange Postecoglou, hasn’t shied away from the fact that his squad requires some extra additions this summer, explaining ‘we want new attacking players, absolutely’, going on to address the window in a broader sense claiming ‘It’s also crucial to get transfers done as soon as possible’. (Football.London)
Despite Ange’s final comments, Tottenham have yet to make any major signings or sales this window yet, assumingly as a result of the ongoing Copa America and EURO tournaments which many potential signings are at.
A new report from Football Insider on Friday (28/6/24) reveals that the club may have already set itself up to have plenty of room and financial muscle to manoeuvre in the window, especially regarding the team’s wage bill.
Tottenham free up room on their wage bill
On the 5th of June, Spurs officially announced their released list following the conclusion of the 2023/24 season. The statement revealed that Eric Dier, Ivan Perisic, Ryan Sessegnon and Japhet Tanaganga would be leaving ‘following the conclusion of their contracts’.
A week later, Tottenham announced record signing, Tanguy Ndombele, would also leave the club ‘following the mutual termination of his contract’ with Football Insider claiming the French midfielder was on ‘£200k-a-week’ as part of a six-year deal which did have a year remaining.
Football Insider’s report continued to explain how the termination of the five deals, with Perisic who was similarly on a hefty amount like Ndombele, ‘£178k-a-week’ according to the story, would elevate around ‘more than £27 million’ from the club’s wage bill.
It’s a considerable amount of wages taken off the books at Spurs, with many of the players more or less having a foot out the door for a season or two now.
Spurs Web Opinion
Getting large earners such as Perisic and Ndombele, the latter of whom hadn’t pulled on a Tottenham shirt competitively for over two years, is key for the club’s wage bill and finances.
Hopefully, the lighter wage book will subsequently lead to more investment in the squad and trying to attract some higher calibre players that will offer the strength and depth that Postecoglou’s side will require next season.
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