How close are Tottenham Hotspur to breaching PSR rules?
A football finance expert has revealed how much wiggle room Tottenham Hotspur have with respect to the Premier League’s Profit and Sustainability rules.
Are Tottenham in a strong financial position?
There is no doubt that Tottenham are in need of major reinforcements across the squad, with the club expected to have a busy transfer window.
A few clubs across the Premier League have to be very careful and deliberate with their transfer and wage spending as they are in danger of breaching the PSR rules.
Over recent years, the Premier League have shown a willingness to enforce those rules with points deductions, which has forced clubs to show much more restraint.
However, it has now emerged that Tottenham are not one of those clubs, with the Lilywhites being in an enviable financial position due to the strength of their balance sheet.
How much wiggle room do Tottenham have in PSR?
The account, Swiss Ramble, which is an authority on football finance matters, has now revealed on Substack how close each club is to breaching the rules.
They reveal that Tottenham are in an extremely strong position and can afford to spend significantly on transfer fees and add to their wage bill without worrying about breaching PSR.
This is because Spurs can afford to lose £250m and still be compliant with PSR.
During the previous accounting year, Tottenham posted losses of £86.8m, which leaves them quite a long way within the accepted mark.
Spurs can afford to flex their financial muscle
Tottenham did a lot of good work in the summer to trim their wage bill, which has left the club in an even better position.
The Lilywhites can afford to bully a few other clubs in the Premier League and across Europe in the race for certain players.
Spurs fans will be hoping that the club makes a statement and underline their ambitions this window. Signing Randal Kolo Muani from PSG will be a start.
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