Tottenham could spend £273m warchest if ENIC actually pump cash into the club
The Athletic have provided the details on how much each Premier League club can afford to spend without breaching the Profit and Sustainability Rules, and it turns out that Tottenham are one of the best-placed clubs in the division.
Ahead of the Europa League final, it had been well-documented that Spurs were not in a financially healthy position heading into the summer window.
It was not so much PSR guidelines that were the issue, with various financial experts pointing out that the lack of equity from shareholders was the main problem for Tottenham, given their larger transfer deficit.
The supporters would have hoped that the issue would have been resolved as Tottenham’s coffers are expected to be boosted by around £180m after they qualified for the Champions League.
How do Tottenham stand with respect to PSR regulations?
The Athletic have now revealed that Tottenham Hotspur are in very little danger of breaching the PSG regulations and have a lot of wiggle room this summer.
In fact, only Chelsea, Brighton and Manchester City have more room to spend on players than Spurs this summer without falling foul of the financial guidelines.
According to the outlet, Tottenham can afford an outlay of £273m without breaching the regulations. This means that if the club’s owners pump in the funds, the Lilywhites would theoretically be able to strengthen the squad significantly ahead of the 2025-26 campaign.
Will Daniel Levy sanction a big summer spend?
However, the issue at Spurs has never been the PSR rules, but rather the lack of funds pumped in by ENIC, with the Lilywhites making no secret of the fact that they have a self-sustaining model, which is not reliant on raising equity.
Finance expert Stefan Borsen suggested a little over a week ago that Tottenham may have found a solution to their cash flow problem, owing to Champions League qualification.
Various outlets have backed Spurs to flex their financial muscle in this summer’s transfer window, but Tottenham fans will understandably be sceptical until they see the club make some big moves.
- READ MORE: Tottenham rise seven places in new UEFA rankings after Europa League win over Manchester United
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