Tottenham are heading into next season in deep trouble with regards to the club’s financial position.
New manager Thomas Frank faces a challenging start to life in North London as he looks to lead Spurs into a new era following their first trophy in 17 years last season.
However, his plans have already taken a hit with Bryan Mbeumo’s transfer to Manchester United looking increasingly likely in the coming days.
Daniel Levy must back his new manager if Spurs are to compete with the Premier League’s elite, but financial constraints could bring those ambitions to a halt.
Spurs’ summer plans in doubt amid financial worries
Tottenham are entering a crucial period in the club’s history as they look to build on last season’s success.
MORE SPURS STORIES
Speaking on The Last Word on Spurs podcast, Matt Law revealed that the North London club’s financial position is concerning.
“In terms of actual cash that Spurs have to spend, it has got dangerously low,” he said.
It’s a worrying statement for the reigning European champions as they head into next season, especially with rival clubs already spending heavily in the market.
If the statement is true, it would severely restrict Tottenham in the transfer market, with the club likely needing to sell players before making any new signings.
Questions must also be asked of Levy, who is in charge of the cashflow at the Tottenham Hotspur Stadium.
Frank takes charge with Tottenham at a crossroads
Tottenham fans will be hoping to relive the highs of last season, having finally seen their club achieve long-awaited success.
However, they may have to be patient once again. Competing in the Champions League presents a much more formidable challenge than the Europa League, with stronger opposition standing in their way.
Frank will need to guide the club in his own direction – something he did successfully at Brentford. But Tottenham is a different beast, with high expectations and pressure to win.
With financial concerns looming and cash potentially limited, it could be a long and testing season for both Frank and the fans.
It’s likely to be a rollercoaster campaign. While supporters believe the club is moving in a new direction, many still question whether Daniel Levy can deliver the consistent success they crave.