Tottenham Hotspur has been in the news a lot today, mostly for their sudden glut of spending. In the past week Spurs have announced the signings of Ghanaian central midfielder Mohammed Kudus from West Ham for £55m, and Japan international central defeder Kota Takai from Kawasaki Frontale for £5m. Spurs are also close to signing England international Morgan Gibbs-White from Nottingham Forest after matching the player’s £60m purchase clause.
That... doesn’t sound very much like the Tottenham Hotspur we know, does it? This, combined with rumors that Spurs are in high level negotiations with outside investors from Saudi Arabia and USA over the stadium’s naming rights, have led some to wonder if these things are linked, and Spurs’ high-spending ways are juiced not just from future Champions League revenue but from a little help from outside.
Enter the BBC, which reports that, yes, Tottenham have received an extra boost of cash this summer, but states that the money is coming not from overseas, but from its ownership.
It is no secret Tottenham chairman Levy has been canvassing for external investment into the club in recent months.
However, BBC Sport understands the current spending on transfers is more likely to be the result of an injection of cash from owners Enic, who are understood to have kept a closer eye on club operations in recent months, rather than any external investment.
— BBC Sport
That’s not to say that the club won’t still get extra investment from outside — it likely will, and there have been numerous reports over the past few months that state Spurs are looking for a minority investor. But despite the earlier reports from Gary Jacob about Saudi and American interest, nothing appears to be close to fruition yet.