Tottenham has still brought in a decent amount of money ahead of the summer transfer window despite finishing the campaign in eighth
Daniel Levy faces some pivotal decisions this summer that will determine the direction Tottenham head in over the next couple of years. Going backward following Mauricio Pochettino’s exit in November 2019 despite the appointment of high-profile managers Jose Mourinho and Antonio Conte, Spurs must find a way of getting back on track and pushing on as a club.
Requiring a new head coach following Conte’s exit at the end of March, the Lilywhites also need a new managing director of football following Fabio Paratici’s resignation a month later. A big overhaul of Spurs’ squad must also take place as a number of players need to be moved on and fresh faces brought in.
The 2022/23 season proved to be a huge disappointment for the club as they failed to build on their Champions League finish last May. In top-four contention for the majority of the campaign before dropping out in the final months, others moved ahead of the Lilywhites and it resulted in the team missing out on Europe which will certainly prove costly.
In the end, Tottenham finished in eighth, one point behind Aston Villa who wrapped up the Europa Conference League spot on offer. Despite the major blow of missing out on Europe, the Spurs have still brought in a decent amount of money from their league placing.
As is the case every season, each Premier League position is worth £ 2.2 million. That means Southampton collect £2.2m for finishing bottom and Man City earn around £44m for topping the table.
After finishing the term in the eighth, Spurs will pocket £28.6m. Given the position they were in for a large chunk of the season, Spurs perhaps should have finished higher in the league table and brought in more money as a result.
A repeat of last season’s fourth-place finish would have worked out at £37.4m, with fifth, which in the end went to Liverpool as they sealed Europa League football, worth £35.2m. Brighton & Hove Albion and Aston Villa will have earnt £33m and £30.8m after coming sixth and seventh respectively.
Given the need to improve the squad ahead of next season, Tottenham fans will be hoping that the £28.6m fee for finishing eighth will be put towards the addition of new players. Spurs certainly need to look at signing a new No.1 goalkeeper this summer and also try to strengthen at center-back due to their struggles there.
Lucas Moura and Arnaut Danjuma’s exits mean another attacker will need to be added to the ranks, with Tottenham still requiring a creative midfielder after failing to replace Christian Eriksen following his Spurs exit in January 2020. There is plenty to do at Tottenham Hotspur Stadium over the coming months and how they spend their money is going to be crucial as the club looks to move forward as one.
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