Tottenham Hotspur could be in a favourable position when it comes to transfer spending because of the new Premier League financial regulations.
According to Football Insider, the Premier League will get rid of the current profit and sustainability regulations at the start of the 2025/26 season. The new spending rules will be related to the squad costs, and it might come as a boost for Tottenham.
Premier League clubs will now be allowed to spend up to 85% of their revenue on transfers, agent commissions, and wages of players. In addition, the new regulations will see the spending capped at five times the lowest earnings in the division.
According to the report, Tottenham will benefit from the new regulations, and they will be able to raise their transfer spending without having to worry about the profit and sustainability rules currently in place.
Tottenham have been employing a strict wage system under Daniel Levy for years, and they are set to benefit from that. As per the report, Tottenham have the lowest wages to revenue ratio of any Premier League club, and they are currently spending just 46% of their revenues on player salaries. Spurs recently announced a club record revenue of £550 million in their 2022/23 accounts and they have a wage bill of £251 million.
Spurs need quality signings
Tottenham will be able to spend a substantial amount of money in the transfer window going forward, and it will be interesting to see if they can improve their squad significantly. They will need to sign quality players in order to compete with clubs like Arsenal and Manchester City in the coming seasons, and the new regulations will certainly come as a major boost for them.
Daniel Levy has often been criticised for his strict financial policies. But Tottenham will now benefit from his sustainable way of running the club through the years.
The North London outfit have shown tremendous improvement under Australian manager Ange Postecoglou this season. But they are still in need of more quality if they want to match up to the Premier League elite. A couple of quality additions this summer could really help them push for trophies next year.
