There is no quick fix to becoming a global superclub, admits Daniel Levy
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Tottenham Chairman Daniel Levy has revealed that there never was an easy way for Spurs to become a superclub. The North London side have done well over the last few years achieving a regular top four spot but their lack of spending has affected the club, with them failing to challenge for a title.
With news coming out this morning that Tottenham have managed to complete a long-term refinancing of their stadium debt, the hope is that it allows the club to compete amongst the top four teams in England. Not only that, it could see them able to attract some of the best players in the world to the club, which has proven to be very hard in the past.
The North London side moved into their new stadium towards the end of last season, a stadium that is considered to be one of the most expensive in Europe, and have done well at their new home. Not just that, they broke their self-imposed transfer ban this summer by bringing in Tanguy Ndombele, Giovani Lo Celso and Ryan Sessegnon among others. And in an interview with the Financial Times, Tottenham Chairman Daniel Levy has given us a rare insight into the club, talking about their ability to spend and why they choose not spend.
“We could have easily spent more money on players. Who knows if that would have bought us more success or not. The right approach is to build from the bottom up. There is no quick fix to becoming a much more significant global club,” Levy told Financial Times.
“I understand, as I am a fan, clearly you want to win on the pitch. But we have been trying to look at this slightly differently, in that we want to make sure we ensure an infrastructure here to stand the test of time,” concluded the Spurs Chairman.
