Tottenham chief Levy admits transfer failures amidst club’s financial reports
Spurs’ financial revenue may show a growth but Daniel Levy acknowledges transfer mistakes.
have reported a growth of 22.7 per cent when it comes to club revenue since their growth has gone from £361.9m in 2021 to £440m in 2022.
The Tottenham Hotspur Supporters' Trust have questioned the club’s transfer policy in recent years, which has seen them spend more than £500m since 2019. But Levy maintains that despite some mistakes the overall trajectory of the club has been correct.
"
Our spend levels show we have invested in the team,"
he said.
"However, we walk a fine line between long-term investment and short-termism.
"This is why our recruitment must be first class as mistakes at this level have a financial and sporting impact for future seasons.
"We have felt, and continue to feel, the financial impact of supporting player purchases which have not worked out as planned.
"We have taken steps to improve this area of operations, and we believe the recent transfer windows reflect this.
"Our aim has always been to combine the financial stability of the club with remaining competitive on the pitch. We have to do what is right for us and sustainable in the long term."
This transfer mistakes may be referring to
Tanguy Ndombeleand Moussa Sissoko, who depsite hefty price tags, failed to impress at the club.
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