Tottenham and Manchester City have agreed a £85million deal for winger Savinho, with the transfer set to be finalised pending a medical.
The transfer will take Spurs’ summer window spending well north of £200million, with the deal for the Brazilian comprising £75million up front, and £10million in add-ons.
Spurs’ transfer dealings with Man City is not yet completed, however, with a deal for striker Omar Marmoush on the horizon as well.
Spurs’ immense spending spree
“We’re told there are absolutely no concerns about falling foul of the Premier League’s financial rules,” Sky Sports News’ Michael Bridge explained.
“The club is in great financial health after qualifying for Europe in 18 of the last 20 seasons. The revenue driven by the stadium is huge: boxing, concerts, NFL games – you name it.
“In fact, in the Deloitte Money League, the rankings show that Tottenham Hotspur have leapfrogged Chelsea to become the ninth richest club in the world with annual revenues of £549.2m.
“On top of that, Spurs are one of the clubs to benefit most from the Premier League’s shift to squad cost ratio from PSR, which has just come into effect.
“But the reason we’re seeing Spurs spend so much is a shift in strategy under new leadership,” Bridge continued.
READ MORE: Tottenham ramp up interest in Man City duo Savinho and Omar Marmoush
New leadership and direction
“Daniel Levy left at the start of last season, and there’s a real desire to spend the money to dine at the very top table,” Bridge said.
“Now the new leadership and the owners promised fans, after avoiding relegation on the final day, that they would spend the club’s revenue on the first team, and they are delivering on that.”
Tottenham begin their Premier League campaign against Brentford on Saturday, which will kick start Roberto De Zerbi’s first full season as Spurs boss.
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