Jermaine Jenas has called on Tottenham’s ownership to splash the cash on big-name players in this summer’s transfer window if they have ambitions of competing with the best sides in the Premier League.
This summer is shaping up to be quite a big one for Spurs, with the squad looking in need of considerable investment.
However, with the club’s finances being particularly badly hit by the pandemic, they will reportedly have to sell players to raise funds for their targets this summer.
The club’s alarming financial situation is something that Daniel Levy reminded fans of in a rare interview with Spurs TV last week.
The Spurs chairman does not seem to be a particularly popular figure among the fan base at the moment after the European Super League debacle was followed up by a managerial chase fraught with missteps.
While Jenas credited Levy and ENIC for the way they have handled the business side of the club, he insisted that Tottenham are at a crossroads and that now is the time for the owners to invest in the first team.
The former Spurs midfielder told Football.London: “Maybe there needs to be a mindset shift in the club now.
“I have always felt that as owners of the football club they have done a great job up until this point where it is, the stadium, the training ground, the visualisation of what Tottenham are.
“They are at a bit of a crossroads. I have always said you are going to have to make a decision at some point.
“Do you want to be part of the big boys that spend the money, pay the big wages and compete at the top level like Chelsea do, like Man City do, like Man United do, like Liverpool do? Do you want to be part of that?
“Or are you going to half-heart it again for the next 10 years? Half-hearting it is showing you what you are right now.
“Financially there will be a really good model when that stadium kicks in but if they want to be part of the elite I would like to see them be part of the elite to the fans and go and compete at the top level for the best players.
“They let Bruno Fernandes go to Manchester United, he could have been a Spurs player if they had gone a bit deeper. There are loads of situations like that.”
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