Tottenham’s board strongly rejected claims that it failed to invest significantly in its football team in recent transfer windows in a letter to the fans’ confidence.
Tottenham Hotspur Supporters’ Trust wrote to the board last month expressing concerns about the direction of the club, with four key areas raised.
These included the ENIC owners’ medium and long-term strategy and plans for the January transfer window.
Tottenham’s board provided a response on Thursday night after the conclusion of a winter transfer window in which Arnaut Danjuma and Pedro Porro were signed by Antonio Conte’s side, while Bryan Gil, Djed Spence and Matt Doherty they parted in temporary or permanent agreements.
“Like everyone at the club, our head coach wants the team to compete for top honours,” read a letter from Tottenham’s board of trustees in response to concerns about the length of Conte’s contract, which it will expire on June 30, although the Spurs have the option to extend it for another 12 months.
“The club has invested a lot in the squad. This is an ongoing process with the aim of keeping the club in a good position on the pitch for years to come.
“Since we opened the stadium in April 2019, we have spent over £500m, placing us in the top quartile of spending in the Premier League, and have also made significant investments in the women’s team.
“In addition to the summer investment of over £200m, we have committed to spending a further £47m this January.
“Despite this, we constantly see references to our perceived lack of support for head coaches and lack of spending. It is important that we deal with the facts: our spending levels clearly show that we have supported our football team.
“There is always a fine line between investing for the long term and being short-term, which is why our recruitment must be top notch. Errors at this level leave an economic and sporting impact for future seasons.
“We have felt the financial impact of supporting player buys that have not worked out as expected. We have taken steps to improve this area of operations and recent windows reflect that.”
The Spurs are set to release their financial results this month and the Fan Confidence is hoping to arrange a board meeting to coincide with the year-end report announcement.
“We welcome the club’s direct engagement with the questions asked and appreciate the information provided,” read a response from SupportersTrusted, which sent a follow-up letter in January following news that managing director Fabio Paratici had been beaten. with a 30-month ban by an Italian court.
“However, we would have liked to see more acknowledgment from the club of the legitimate concerns shared by many fans and a fuller explanation in a number of key areas.
“The financial results of the club will be published soon and we are discussing organizing a meeting with the club for when those results are published. We will continue to push for more clarity and reassurance in the meantime.”