Football.London have revealed that Tottenham Hotspur have the tenth most expensively assembled squad in European Football, according to the findings of CIES Football Observatory.
Tottenham had quite a busy summer, with the club managing to get several senior players off their wage bill and make young and exciting additions in the form of Pierluigi Gollini, Cristian Romero, Bryan Gil, Pape Matar Sarr and Emerson Royal.
After their summer spending, it is estimated that Spurs have committed €551m (£472m) in transfer fees for the current group of players at Nuno Espirito Santo’s disposal.
This includes a total of €74m (£63.5m) in potential add-ons for the various transfers agreed.
Football.London explain that Tottenham’s squad was previously the twelfth most expensive in Europe and has subsequently risen two places due to their spending this summer.
The only clubs in Europe who have spent more on their first-team squad than Spurs are the other five of the Premier League’s ‘big six’, Paris Saint-Germain, Real Madrid, Juventus and Barcelona.
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It is important to note the difference between the cost of the squads and the value of the squads.
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While it will not come as a surprise that the likes of Barcelona and Arsenal have outspent Spurs in the transfer market, the value of the Lilywhites’ squad will likely be higher.
That is largely owing to the fact that Kane and Winks cost nothing while the likes of Son, Dier, Lloris, Dele etc have turned out to be excellent value for money.
On the other hand, most of our big-money singings (Ndombele, Lo Celso, Sanchez etc) have not worked out and their market value would have dropped since we signed them.
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