Tottenham manager Thomas Frank has said the club is not close to spending £100m on a single player, distancing Spurs from Arsenal’s big-money approach in the transfer market.
Following recent leadership changes and new investment, Spurs are aiming to grow as a club, but Frank admitted they are not near matching Arsenal’s £105m signing of Declan Rice. Tottenham’s current record signing remains Richarlison, bought for £60m in 2022.
Frank questioned whether Spurs will ever spend £100m on one player in the near future, saying such a move is unlikely anytime soon. He stressed the importance of time, strong processes and smart recruitment, rather than simply spending large sums.
He also highlighted player development as a key strategy, arguing that teams like Liverpool and Manchester City reached the top without buying only the most expensive players. Frank pointed to Rice as an example of the right age profile for major investments, while maintaining that success still requires spending, but in a balanced way.
Tottenham recently received £100m in funding from the Lewis family, with more expected, and Frank said he is confident the board is committed to supporting the club’s long-term success.
