Thomas Frank has said Tottenham are not close to spending £100m on a single player, unlike rivals Arsenal, who signed Declan Rice for £105m in 2023.
Following recent leadership changes at Spurs, Frank stressed the importance of patience, development and smart recruitment over headline-grabbing transfers. While he didn’t rule out big spending in the long term, he made it clear it isn’t imminent. “I don’t think we are close to spending £100m,” he said.
Frank believes success comes from developing existing talent and investing wisely rather than relying purely on mega-signings, pointing to Liverpool and Manchester City as examples. However, he acknowledged that some level of major investment is necessary to compete at the top.
Spurs recently received a £100m cash injection from the Lewis family, with more funding expected. Frank said he is confident the board is committed to backing the club’s long-term ambitions.
