Tottenham Hotspur delivered the shock news that Daniel Levy would be stepping down as chairman after 25 years, but the Lewis Family are preparing more changes.
Daniel Levy is no longer the chairman of Tottenham, with Peter Charrington coming in as non-executive chairman, and Vinai Venkatesham having been appointed CEO.
Tottenham fans were shocked by Levy’s departure, but they will be hoping that this is the start of a new successful era at their football club.
The Lewis Family are hoping that will be the case too and are ready to make a key move which could delight fans and Thomas Frank.
The Lewis Family could be set to inject cash into Tottenham
The Lewis Family could be ready to put money into Tottenham Hotspur and have told the club’s new-look board it’s up to them how it’s spent, according to Kaveh Solhekol.
Currently, Spurs have the lowest wages-to-turnover ratio in the Premier League at 42 per cent, but that could be set to change.
The North London club’s new CEO, Vinai Venkatesham, could well play a key role in helping decide where that money is spent.
Tottenham appointed Venkatesham over the summer following his departure from North London rivals Arsenal.
Solhekol told Sky Sports: “A lot of Tottenham fans complain about the fact that they don’t spend as much money on players as their rivals or pay the kind of wages their rivals pay, now that could be set to change because Tottenham’s majority holders, The Lewis Family, could be ready to put more money into the club.
“How would that extra money be spent? Well, that would be up to the new leadership team at Tottenham because they have been told what you need to do is deliver more success on the pitch.
“If they decide that the best way to use that money is to pay more wages, because at the moment, Tottenham’s wages to turnover ratio is the lowest in the Premier League, 42 per cent.
“If they believe we need to pay players higher wages or we need to spend more in the transfer market, then I think they will be backed to do that.”
Just after Levy’s departure, the Lewis Family made their ambition clear, with reports claiming they wanted ‘more wins more often’.
Spurs supporters will be delighted to see their owners finally showing real ambition and will hope to see that start from January.
Tottenham could return for Savinho in January
There was a clear change in the calibre of players Spurs targeted over the summer, with the likes of Xavi Simons and Joao Palhinha arriving at the Tottenham Hotspur Stadium.
Savinho was another key target for the Lilywhites over the summer, but Manchester City were unwilling to let him go, despite Tottenham’s best efforts.
But TBR Football understands that Tottenham could well return for Savinho during the next transfer window as they continue to flex their new financial muscle.