Tottenham are set to change their approach to player wages come the summer as they seek to ramp up their investment in an effort to improve their Premier League standing
Tottenham owners are ready to do away with the wage structure that is currently in place in north London - which they accept needs changing if they want to climb the table.
Their grand plans are based on them retaining Premier League status, which is widely expected, but their demise down the table has led to talk of the unthinkable happening to a team that have been in the league since its inception in 1992.
The Guardian reports that those within the club accept they have been frugal when it comes to wages, which has seen them miss out on certain players in the market. As a result changes are being prepared following a second successive season of struggle.
Tottenham’s wage bill is lowest of the big six clubs. It was £222m in the most recently published accounts for 2023-24, which is just over half the sum Manchester City pay to their players, with their wage costs hitting £413m. Xavi Simons, Mohammed Kudus and Conor Gallagher have upped the wage bill following their recent arrivals.
The arrival of Gallagher from Atletico Madrid, who is being paid weekly wages of £200,000, is seen as a pivotal moment following years of the club attempting to keep wages down.
MAKE THE MIRROR YOUR FIRST CHOICE! Click here to activate or add us as Preferred Source in your Google search settings
Gallagher is now Tottenham's highest-paid player and more big signings are expected should Tottenham remain in the Premier League. This summer will be the first time in two decades that Daniel Levy, who had a reputation for being reluctant to spend big, is not pulling the strings in north London.
It is understood that owners, the Lewis family, accept that league position is being more determined by how much teams pay on wages, rather than the amount they invest in transfer fees. Tottenham’s chief executive Vinai Venkatesham hinted last month that they were preparing to loosen the purse strings.
Former boss Ange Postecoglou, who presided over major signings like Dominic Solanke during his time at the club, recently rejected the idea Tottenham were a 'big club' when you consider how much they're willing to pay players - which has outgunned in the market.
He said on Stick to Football: "Obviously, they've [Spurs] built an unbelievable stadium, unbelievable training facilities, but when you look at the expenditure, particularly in the wage structure, they're not a big club. I saw that, because when we were trying to sign players, we weren't in the market for those players."