Levy was accurate all along about Tottenham’s financial plan

Daniel Levy was right all along, as Tottenham gains significant FFP increase amid points deduction threat.

Tottenham spent money in the January transfer window when many other Premier League clubs were quiet, and Daniel Levy‘s long game may be paying off.

Daniel Levy might finally have the Tottenham fans on his side. Throughout his 23-year stint at Tottenham, the chairman has had a love-hate relationship with the fans.

Levy has frequently been chastised by fans for running the club like a company, constantly worrying about the financial element rather than investing money in the club, as many other owners and chairmen do to ensure success on the pitch.

Tottenham has only won one trophy during Levy’s leadership, the 2008 League Cup, which adds to the fans’ dissatisfaction. However, Levy has delivered on a number of critical areas off the pitch, albeit some of those things are forgotten in the face of little to no cutlery.

Spurs currently boast one of the top football stadiums in the world, a cutting-edge training facility, and a number of lucrative business partnerships with the NFL and Formula One. Getting Spurs back on track financially is secondary to on-field success for supporters, who simply want to see the first team win something. Anything.

Spurs‘ time may now have arrived, with Levy‘s financial discipline potentially benefiting the club in the future. The Lilywhites are one of the few clubs that have spent money in the January transfer window, getting Radu Dragusin from Genoa and Timo Werner from RB Leipzig on loan with the option to buy.

Many Premier League clubs are actively cutting their cloth to meet the danger of Financial Fair Play and Profit & Sustainability Rules. Spurs have risen to become the top London club in the Deloitte Money League, passing Chelsea and reducing the gap on Liverpool in the process.

Spurs are in a good position right now, as Everton has already received a 10-point deduction for violating PSR, and the Toffees and Nottingham Forest have both been sanctioned for additional violations.

That is because they have the finest Profit and Sustainability Regulation stance of any Premier League club, allowing them to absorb losses of well over £200 million before being targeted by the Premier League. The Premier League’s PSR permits clubs to lose up to £105 million over three years, as long as owners agree to finance losses.