It’s been a very slow transfer window this time around.
Last January wasn’t a busy window either, but at least one team were active early on – Tottenham Hotspur.
Indeed, Spurs did two deals early last January as they signed Radu Dragusin and Timo Werner.
Bayern Munich wanted Dragusin before his move to Spurs last January.
However, this time around, Spurs have been much slower to act.
Antonin Kinsky has joined Tottenham, but, other than that, Spurs have been inactive, despite their terrible league position and ongoing injury crisis.
Speaking on the TalkSPORT Transfer Notebook Podcast, David Ornstein has been discussing the lack of activity at Tottenham, and he’s shared one problem that Spurs have right now.
Tottenham have cashflow problem
Ornstein shared what he knows about Tottenham’s current predicament.
The journalist says that Spurs don’t have any PSR issues at the moment, but they do have a cashflow problem.
“They don’t have a PSR issue. It’s been more a cash flow problem. I know the fans want signings, and clearly efforts are being made to do that,” Ornstein said.
We just can’t guarantee it. Somebody like Evan Ferguson’s an interesting one with Spurs, because he’s on the market. It would be a possibility for them.
Also like an Everton, a Bournemouth, a West Ham and a Fulham in the mix. But yeah, sorry to say, I don’t know names just now.”
How Tottenham can get around cashflow issues
As Ornstein says, Tottenham do have an issue in terms of their liquidity at the moment as they don’t have the right cashflow to do deals.
However, Spurs do have a way to get around this problem, and it’s something they’ve done in January on a number of occasions.
Indeed, loan deals with obligations to buy are classic ways for clubs to do business while circumventing any of their current financial problems.
This is something Tottenham have done on multiple occasions in recent years.
Indeed, Spurs signed both Pedro Porro and Dejan Kulusevski in January deals that were made permanent in the following summer, and that may be the type of deal Spurs look to do this month.
Tottenham were open to signing Randal Kolo Muani on loan with an option to buy, so perhaps we could see that sort of deal brokered by Daniel Levy in the coming days.
One thing is for sure, Tottenham need some new additions before Monday’s deadline.