Spurs Spend £150 million on Transfers

Spurs have went through a complete rebuilding process of the team, and have spent £150 million in transfers over the last 16 months meaning that they have out spent the whole of the Premiership, including the top 4 of Arsenal, Chelsea, Liverpool and Manchester United, apart from big spending Manchester City.

Even with this huge financial outlay Spurs were still able to announce a pre-tax profit for the year ending in June 2009, largely due to the sale of Robbie Keane and Dimitar Berbatov.

It is clear that this is a huge amount of money but Spurs have signed a lot of players for the money and strengthened key positions for the team including the strike force with Crouch and Defoe being two of the top strikers in the Premiership just now. Robbie Keane was also resigned for the club and although we have yet to see him at his best he is still a top player and one of the key players in a Spurs football shirt.

Spurs at the moment are reaping the rewards of their financial expenditure as they are currently sitting 4th in the Premiership and in line to get a Champions League spot but there is along way to go in the season yet.

After the announcement of pre-tax profits Daniel Levy not only showed his delight at the quality of players that Spurs have at the club but also on the future plans for the team. 

 “We have made significant progress in delivering on our long-term vision for the club.

“We have always had three key priorities and you will have heard them oft repeated – investment in the first team, a new training centre and an increased capacity, state-of-the-art new stadium.

“We have assembled what we believe to be one of the most talented squads we have had during our time in the Premier League, the ground is being turned and pitches laid for the new training centre at Bulls Cross in Enfield and we have submitted a planning application for a stunning new stadium on a site next to our existing stadium.”

Everything is looking bright at the moment and if we can maintain the form we have shown in the early part of the season then we will have Champions League football to look forward to next season. 

Written by Mark Ferguson, a sports editor who blogs about cheap football shirts