Champions League qualification to see Tottenham spend big this summer?

Daniel Levy will be forced to adopt the ‘sell-to-buy’ policy in the summer due to the dismal Premier League campaign. The North London club incurred huge losses after finishing the campaign in the bottom half of the table, and will need to sell underperforming players to afford new signings for next season.

Tottenham need to spend big following Champions League qualification

It was reported earlier that Tottenham would earn around £70m if they managed to win the Europa League. Well, the Lilywhites did achieve that feat and have now incurred huge financial gains that might be crucial to bring in new players for next season. The North London club must invest this money wisely as they look to bolster their squad for Champions League football next year.

Finance expert Dan Plumley has also shared a positive update regarding Tottenham’s ability to spend in the summer. Speaking to Tottenham News, Plumley said,

“They might not have that in terms of direct cash access, but they have got the ability to spend. We’ve always said that about Spurs, and it’s always been a case of, do they want to versus can they actually. The Champions League factor will come into that, as it almost forces their hand to spend a little bit. We’ve talked about it, giving them the platform to spend, but it almost forces their hand as well because you have to look at the quality of teams in that competition and look to compete there as well.”

The finance expert added,

“We might be a little bit surprised if it does go to the levels of £200million; it’s not what they’ve done in the past. They can spend, and the difference between their ability to spend and the value that they might have to spend as a Champions League club is very different from a newly promoted club or an Everton or a West Ham that are stabilised but are trying to make that leap into Europe.”

Dan Plumley suggested that Tottenham have the money to spend in the summer and Champions League football for next year might force Daniel Levy’s hands to invest heavily into the squad. However, the finance expert added that Spurs will not spend staggering amounts on players in the coming weeks, and instead focus on investing wisely on intended targets.

It remains to be seen what kinds of deals Tottenham pursue in the coming months following Thomas Frank’s arrival at N17. The Lilywhites need to ensure that the squad is fully equipped to compete on four fronts from the get-go, and fans will also hope that the club focuses on the results and performances on the pitch next year following a disappointing domestic campaign.