Matt Law of The Telegraph reports a startling financial detail regarding Tottenham Hotspur‘s current squad contracts. Sources indicate that most first-team players likely possess no salary-reduction clauses. Relegation does not specifically trigger any pay cuts.
No Relegation Clauses? Spurs Face Financial Gamble
Law suggests the club’s long-standing stability caused this oversight. The hierarchy simply never envisioned a scenario where the Championship became a tangible threat. Consequently, if the worst happens, the club face a catastrophic prospect. They must fund a Champions League-level wage bill with second-tier revenue. This news adds a layer of real money stress to an already turbulent season.
The 2025/26 campaign is a total disaster for the North London side. As of February 11, 2026, Spurs sit in 15th place. They have picked up only 29 points from 25 matches. Thomas Frank took over last summer after the club let Ange Postecoglou go.
He is struggling to find a rhythm with this disorganised squad. The recent 2-0 defeat to Manchester United shows how weak they are at the back. A humiliating 4-0 loss to Arsenal just makes things look even worse.
The squad is definitely talented, but they just aren’t performing. Captain Cristian Romero is now 27 and a regular for Argentina. He leads a defence that is giving away goals like crazy.
Meanwhile, 29-year-old England international James Maddison is sidelined with a season-ending injury. The midfield clearly misses the energy Yves Bissouma provided before his departure. Even bringing in 22-year-old Dutch star Xavi Simons hasn’t really changed much.
Despite the gloom, relegation still feels unlikely. The team have a bit of a gap, though it’s small, above the bottom three. The individual quality of players like Richarlison, the club’s top scorer right now, should get them enough points to stay up.
However, finishing 15th would be a massive failure for a club of this size. The season will likely end with a whimper in the middle of the table. This will lead to a huge summer cleanup to fix the deep problems this brush with disaster has shown.