Daniel Levy says Spurs are ready to spend big

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Tottenham chairman Daniel Levy says he is now ready to spend big money on the squad after sorting out their new stadium and training ground.

Over the past two seasons, the North London club have been notably parsimonious in their spending and did not sign a single payer for the duration of last season. However, Mauricio Pochettino still guided them to a top-four finish as well as reaching the Champions League final.

This summer has already seen their transfer record be broken with last month’s £60million acquisition of Tanguy Ndombele from Lyon, while young winger Jack Clarke also joined from Leeds.

The club finally have everything sorted with their new stadium and training ground, and on Thursday morning announced a new eight-year £320million shirt sponsorship deal with life insurance company AIA. And, Levy, who came under fire for his lack of spending, says he is ready to release yet more funds to Pochettino.

“We’ve now met the priority of building the stadium and our training facilities and now it’s to continue to find ways to now only improve the commercial aspects of the club but also the football and continue to be a success,” he said in a rare press conference.

“Our view is wherever we can we will improve the team. We have embarked in recent years on two very major capital projects, which I think in the long term will be of great benefit to the club.

“We will continue wherever we can to improve the team.” Tottenham are 1.53 to achieve another top-four finish and 15.00 to win their first-ever Premier League title.

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