Tottenham head coach Thomas Frank has said the club is not close to matching Arsenal’s spending power by paying £100m for one player.
Spurs are undergoing major changes following Daniel Levy’s removal as chairman and the Lewis family’s decision to install a new leadership team. While there are ambitions to grow the club commercially and competitively, Frank believes Tottenham are not yet in a position to make blockbuster signings like Arsenal’s £105m move for Declan Rice in 2023. Spurs’ current record signing remains Richarlison, brought in for £60m in 2022.
Frank suggested that, despite previous claims that Spurs would never spend £100m on a single player, it could eventually happen, though not in the near future. He stressed the importance of time, strong processes and smart investment rather than simply big spending.
He also argued that developing existing players is just as important as buying stars, pointing to clubs like Liverpool and Manchester City, who did not rely solely on ultra-expensive transfers to build title-winning squads. Frank said investment is still essential, but it should focus on the right age profile and potential, using Declan Rice as an example of a well-timed signing.
Tottenham recently received £100m in funding from the Lewis family, with further financial support expected. Frank said the ownership has committed to long-term success and expressed confidence that the board will support him in strengthening the squad.
