Tottenham could be just one set of negotiations away from uncovering a financial fair play bonanza.

Spurs finished the season in fifth place, outside the top four for the third consecutive season. That means no lucrative Champions League football for next season.

That is a significant financial issue. The North Londoners‘ turnover in 2022-23, their last season in Europe’s top division, was a club record £500 million.

However, the club’s emphasis on long-term profitability puts them in a strong position under the Premier League’s Profit and Sustainability Rules (PSR, or FFP as it used to be known).

On June 6th, the top flight will vote on whether to implement a squad cost control ratio that limits teams’ expenditure on wages, transfers, and agent fees to 85 percent of their turnover.

An anchoring system is also on the ballot, which would require clubs to spend no more than a multiple (likely four or five times) of the lowest-paid club’s TV revenue in those three areas.

One additional possible item on the agenda could be especially beneficial to Spurs if the motion passes.

Premier League teams considered ‘auctioning off’ FFP headroom.

According to iNews, clubs are considering ‘auctioning off’ FFP headroom.

Essentially, clubs having wiggle flexibility to spend under Profit and Sustainability could sell the extra to other teams who require it to comply with PSR or boost their playing budget.

The notion is thought to be in its early stages, and it is unclear whether it will be discussed at the AGM on June 6th.

However, if it is implemented, or even if it is proposed as an alternative method in the future, it has the potential to transform the league’s finances by creating a quasi-secondary transfer market.

Why would this be beneficial for Tottenham?

According to Off The Pitch, Spurs are one of only three Premier League teams, along with Brighton and Brentford, that are guaranteed headroom under the new PSR restrictions.

The analysis, which should be highlighted is based on Spurs’ 2022-23 season, the most recent for which data is available, indicates that Spurs have approximately £20 million in headroom.

Extrapolating over a rolling three-year FFP review window, Spurs might have £60 million in headroom.

If Spurs return to Europe during the next assessment window, the figure could well grow to £100 million.