Tottenham head coach Thomas Frank has said the club is not close to spending £100m on one player, unlike rivals Arsenal, who signed Declan Rice for £105m in 2023.
Spurs have undergone major changes since Daniel Levy’s departure and the arrival of a new leadership team under the Lewis family, who are pushing to expand the club and improve on-field success. However, Frank said big-money signings on that scale are not imminent.
“If you want success in football, you need to invest in players,” Frank said. “But £100m, I don’t know. Let’s see. I don’t think we are close to spending £100m, put it that way.”
He stressed the importance of developing existing players and investing smartly in talent rather than relying solely on huge transfer fees, pointing to Liverpool and Manchester City’s team-building approaches.
Spurs, currently fifth, recently received £100m in funding from the Lewis family, with more investment expected. Frank said he was confident the board would continue to support the club’s long-term ambitions and back him in the transfer market.
