An unnamed player agent told Tottenham director of football Damien Comolli that only three Premier League teams will be able to spend money on transfers this summer, according to Sky Sports.
While a curtailment in spending won’t come as a surprise to most, the extent of the reduction might. Manchester United and Manchester City, despite Pep Guardiola’s men being temporarily banned from Champions League action for the next two seasons, are in strong financial positions to maintain their presence in the transfer market.
Tottenham and Liverpool are thought to be the other clubs with some slight wiggle room on potential transfers. But Spurs owe over £600 million on their new state of the art stadium and are expected to constrict considerably their spending over the summer, especially if Champions League football is off the cards.
Transfer rumours will pervade and so to will the speculation that Spurs are the “frontrunner” to land certain players. The reality, however, is altogether different. Before the current crisis enveloped the world, Jose Mourinho had a war chest of over £130 million to work with.
Divide that number by three or four to gain a more realistic estimate of Mourinho’s transfer funds’ allocation. Most top flight teams are in the same boat, with transfers becoming a luxury until the Premier League once again stabilizes. It definitely will stabilize, but time is needed for an enduring recovery.
This news, however, shouldn’t overly dismay Tottenham supporters. Mourinho has a strong core to work with, particularly knowing his collection of long-term injury absentees will return once football does.
It’s up to Mourinho to showcase his ability to get the best out of his current squad. While it’s true he inherited most players from Mauricio Pochettino’s reign, Mourinho added Gedson Fernandes and Steven Bergwijn during the season.