Tottenham poised for £137m FFP boost as 12 exits on cards, including one 2023 signing

Tottenham might be about to add £137million to their financial fair play allowance with 12 players expected to be shown the exit door this summer.

Spurs started strongly in 2023-24 but plateaued towards the second half of the season and ultimately finished outside the top four for the fifth successive campaign.

Ange Postecoglou appears to believe this warrants a complete rethink of his squad, according to the latest news from North London.

The Evening Standard report that 11 players in total could be sold in addition to Ryan Sessegnon, whose contract expires at the end of the month.

Tottenham set to claw back £137m over next FFP cycle

It is claimed that Spurs will listen to offers for Richarlison, Pierre-Emile Hojbjerg, Giovani Lo Celso, Emerson Royal, Bryan Gil and 2023 signing Manor Solomon this summer.

Joe Rodon, Djed Spence, Sergio Reguilon, Tanguy Ndombele and Japhet Tanganga are also up for sale after spending 2023-24 out on loan.

Those 11 players, as well as the outgoing Sessegnon, would free up £45.68m per year in wage for Spurs.

That’s just over £137m over the next three years, the period over which financial fair play (now called Profit and Sustainability Rules, or PSR) is assessed.

That is in addition to the fees Spurs recoup. Some of those players, such as a Richarlison, would likely fetch a healthy price too.

To calculate the total saving, TBR used player wages reported by reputable sources. Where a reputable source was not available, we used industry benchmarking to make a conservative estimate.

This is the breakdown of the player wages:

Analysis: Tottenham can spend big this summer – if they want to

Tottenham already have more room to manoeuvre than mostPremier League clubs when it comes to FFP.

Uncharacteristically, Spurs were one of the biggest spenders in the January window while other clubs were tightening their beltloops.

On face value, Spurs’ combined deficit of £220.7m over the last thee year would see them fall well outside the Premier League’s £105m allowable losses threshold.

But Spurs’ have an annual depreciation charge on their stadium of £72m, meaning they will easily comply with both the Premier League’s PSR and UEFA’s financial sustainability rules, which are slightly stricter.

Daniel Levy has banked on infrastructure projects like the stadium build to facilitate sustainable growth.

And, with both the Premier League and UEFA introducing a new a squad cost control ratio that ties spending to revenue, it looks like that bet is now well and truly paying off.