After going two transfer windows without signing a single player, Tottenham strengthened their squad significantly in the summer transfer window.
Apart from signing two of the most promising midfield talents in European football in Tanguy Ndombele and Giovani Lo Celso, they also bought in a couple of highly-rated youngsters in Ryan Sessegnon and Jack Clarke.
Tottenham were also said to be close finalising a deal to sign Juventus forward Paulo Dybala late in the window (The Independent).
Daniel Levy has now admitted that the club could have invested more into their squad if they wanted.
In an interview with Financial Times the Spurs chairman discusssed the impact of the significant debt that the club had incurred due to the construction of the new stadium on their ability to compete in the transfer market.
He said: “We could have easily spent more money on players.
“Who knows if that would have bought us more success or not, the right approach is to build from the bottom up.
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“There is no quick fix to becoming a much more significant global club.”
The 57-year-old also emphasised the fact that the club were opting for a more long-term vision in comparison with their rivals.
When asked about Spurs’ relatively modest spending in the transfer market in recent years, Levy said, “I understand, as I am a fan, clearly, you want to win on the pitch.
“But we have been trying to look at this slightly differently, in that we want to make sure we ensure an infrastructure here to stand the test of time.”
Spurs Web Opinion
While I understand why some fans have been critical of Daniel Levy and ENIC due to their lack of transfer spending in recent seasons, one has to understand that it is very hard to get good value in the current market.
He proved this summer that he is willing to spend big as long as the deal represents good value for the club and I absolutely believe that he and Pochettino are on the same page when it comes to transfers.
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