Tottenham spend more on transfers than 'Big Four' after record profits of £33.4m

10 November 2009 09:10
The outlay surpasses anything spent by the Premier League's 'Big Four' and is second only to Manchester City's massive purchases.

The profit figure was up from £3 million on the same period last year but was built on proceeds from player sales of £56.5 million, with Dimitar Berbatov moving to Manchester United and Robbie Keane, now back at White Hart Lane, leaving for Liverpool.

 Related ArticlesTottenham record record profitsRedknapp wants Muntari reunionFabio Capello to recall Jermain DefoeSpurs' new stadium boastRedknapp backs Steve Bruce as future England managerSport on televisionTottenham are currently fourth in the Premier League, just three points behind second-placed Arsenal, and Redknapp has set his sights on breaking the cartel held by Manchester United, Chelsea, Arsenal and Liverpool.

But having spent large amounts in rebuilding his squad last January and, during the summer transfer window, Redknapp will make only minimal additions to his squad when the window reopens.

Redknapp arrived at White Hart Lane just over a year ago and transformed a side sitting at the foot of the Premier League into one that went into the final game of last season still capable of qualifying for a place in the Europa League.

In January he spent £45 million in signing former strikers Jermain Defoe and Keane, along with Wilson Palacios and Pascal Chimbonda. And in the summer a further £25 million was spent as Redknapp increased his squad with the likes of Peter Crouch, Sebastien Bassong and Niko Kranjcar.

Redknapp has confirmed that he will add a 'couple' of players to his squad, with a central midfielder at the top of his shopping list, though how much will depend on whether he can sell players, with Roman Pavlyuchenko and David Bentley likely to go.

If Spurs could finish in the top four, the lure of Champions League football and the huge revenue that can bring, may enable Redknapp to spend in the summer.

Spurs, though, remain buoyant with planning permission for a new stadium adjacent to White Hart Lane already in place and building on the club's new training headquarters already started.

Daniel Levy, the Tottenham chairman, said: "We have three key priorities investment in the first team, a new training centre and an increased capacity state-of the-art new stadium.

"We have one of the most talented squads we have had in our time in the Premier League and submitted a planning application for a stunning new stadium."

Source: Telegraph