Report: Spurs still owed £37m from two player sales

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Image: SpursWeb

The financial downturn as a result of the coronavirus is predicted to have a massive impact on the transfer window this summer, with experts suggesting most clubs will resort free transfers and player swaps (Sky Sports).

Players values around the world have fallen drastically as a result of the pandemic (transfermarkt).

Tottenham for their part have already closed their recruitment department to cut costs, although it has been said that the move won’t have much of an impact on their transfer dealings this summer, with targets already having been identified (Daily Mail).

However, it looks like the Lilywhites might have another major issue to deal with as the Daily Mail has revealed that the club is still owed second instalment payments from the sales of Kieran Trippier and Christian Eriksen to Atletico Madrid and Inter Milan respectively.

It is claimed that Spurs were expecting to receive a combined total of £37 million for both players and that their transfer budget this summer was based on the assumption that they would be receiving the full amount.

With doubts being raised over whether Atletico and Inter can afford to pay the second instalments because of the collapse of TV deals on the continent, it is said that Tottenham’s transfer budget could be severely impacted this season.

Spurs Web Opinion

The money owed for Eriksen and Trippier will probably be deferred to a later date but I don’t expect that to be too much of an issue. I would imagine that all transfer fees, including the deals conductthis summer, will be paid in instalments. However, I do not expect us to spend heavily this summer particularly if we fail to qualify for the Champions League.

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