Tottenham boss Thomas Frank could be backed with further signings in January, coming after the Lewis family bankrolled the Lilywhites with a £100 million capital injection last week.
Lewis family make Tottenham statement with £100m windfall
This extra funding will be used for the 'day-to-day' running of Spurs, according to reports, with CEO Vinai Venkatesham and non-executive chairman Peter Charrington now poised to decide how this cash will be spent.
Frank and technical director Johan Lange will also have a say, according to reliable journalist Alasdair Gold, with the two Danes and Tottenham's new-look boardroom finalising their financial requirements for on-pitch success.
This follows an intriguing claim from Sky Sports reporter Kaveh Solhekol last month, who reported all the way back then that ENIC were intending to pump money into the club, and these funds could be used on new transfers or to heighten their wage budget.
With January around the corner, there is every reason to believe that a portion of his new capital could be used to attack the transfer market, and there are a few key areas of the squad that need addressing.
It is believed that Tottenham still want a centre-back and another winger, after failing to sign Savinho and another defender in the summer window. Meanwhile, there are multiple reports now surfacing that Spurs are keen to sign a new number nine as well.
Dominic Solanke hasn't featured since Tottenham's 2-0 win away to Man City in August, and hasn't played more than 20 minutes in any of his three appearances so far this term as the England international continues his comeback from minor ankle surgery.
Richarlison, meanwhile, is a cause for concern amid some criticism surrounding his lack of consistency, with Mathys Tel given the starting nod against Leeds United and opening the scoring in place of the Brazilian.
Frank has made a solid start to life in the Spurs dugout, after ex-chair Daniel Levy handed him a lucrative three-year contract which made him the Premier League's joint-third highest paid manager, but the Dane arguably needs a reliable goalscorer up top.
Randal Kolo Muani can play as a centre-forward, but he's only on a straight loan, which is highly uncharacteristic for Spurs, as Lange and co may well be forced to return to the market for a more long-term target.
The France international, once he's back fully fit, could eventually prove that he's worth negotiating for a permanent deal, but for now, Tottenham are considering their options.
Journalist responds to "whispers" about Ivan Toney joining Tottenham
Al-Ahli star Ivan Toney, who worked with Frank at Brentford and scored 20 Premier League goals in 2022/2023, has been linked with a January move to N17 recently.
Some reports claim that Frank has even contacted Toney about joining Tottenham on loan in the winter, and reporter Dean Jones has responded to "whispers" he's heard about the £40 million forward's potential return to England.
"It is interesting that noises are starting to be made around him," Jones told TEAMtalk.
“There have been some whispers about him going to Spurs. Obviously, there is the Thomas Frank link from Brentford, but I do not get the impression there is too much in it.
“It’s not one that I have heard Spurs seriously looking at for now, but we will know for sure soon once they outline the initial target list for the new year.
“I personally think there are players they will look to before Toney."
Since his move to Saudi in the summer of 2024, Toney has played just two minutes of action for England and was omitted from the Three Lions squad for nearly a year, before appearing on the bench against Andorra in June and featuring in a shock loss to Senegal.
"He deserves to be with us, and I am convinced because he scored over 20 goals for his team this season," said Thomas Tuchel after Toney's last selection for the squad.
"He won a major title with the Asian Champions League, he had a big contribution with goals and assists.
"I said last time [in March] that I would try to put a visit in my schedule [to Saudi Arabia] which I didn't make, so I thought bring him [Toney] over and let him travel with us."
The 29-year-old might have one eye on a place in Tuchel's 2026 World Cup side, but despite scoring for fun in the Middle East, he isn't getting much of a look-in bar that one summer call.