Ange Postecoglou has acknowledged Tottenham will not be restricted like some clubs when it comes to spending in the summer transfer window.
Spurs announced their 2022-23 financial results on Wednesday, which showed total revenue for the Premier League club had increased to £549.6million, up from £444m for the previous year.
Club chairman Daniel Levy also revealed they were “in discussions with prospective investors” over a minority stake in Tottenham, and while a loss of £86.8m was recorded, this was put down to “significant and continued investment in the playing squad”.
The breaches of Premier League Profit and Sustainability rules by Everton and Nottingham Forest, which resulted in points deductions, contributed towards a quiet January transfer window – with Spurs one of the biggest spenders.
A similarly muted summer transfer window is anticipated, but Tottenham could again buck the trend with a plethora of additions despite overall losses of up to £232m over the past three years, due to an annual depreciation charge of £72m being included owing to the club’s stadium rebuild.
“My discussions around those kinds of issues are not the minutiae of a balance sheet,” Postecoglou explained ahead of Sunday’s visit of Forest.
“It is about us planning to build a side that can potentially be successful. So, that’s what we’re doing and nothing that is going to come out in the balance sheet is going to disrupt those plans because those plans are done in alliance with the people who make the balance sheets.
“It is not like ‘oh, we are going to wait for the financial results before we start thinking about who we’re going to sign’. All this stuff is already in planning.
“We kind of know what position we’re in and what we need to do in the summer. That doesn’t mean it’s all going to come to fruition of course, because there are all sorts of other factors that come into it.
“Our planning is well under way in what we need to do. But there’s no doubt that from our perspective, we are not one of the clubs who are going to be as restricted as others.
“From my perspective, I’ve had a clear line of communication about where we are as a football club and nothing I’ve taken on has surprised me in any way. We’re in a good position and hopefully we can build on that.”
It was put to Postecoglou that Champions League qualification would be beneficial from a financial standpoint, but the Australian doubled down on his assertation that a top-four finish is not his aim for this season – it is instead to see clear signs of progress in terms of their playing style.
He added: “We’re not banks, we’re football clubs. We’re not financial institutions. I don’t get measured by the balance sheet at the end of the year.
“What I’m saying is, Champions League, great. Money, great. Does that mean we’re going to finish third next year? No, in fact it is probably going to be more challenging.
“So my role in that is not to worry about the financial pressure of making Champions League.
“It is to create a squad that hopefully can compete in the Champions League and keep improving in the Premier League and have success in the cup competitions. That’s where I differentiate.”
Jackson laments Pochettino exit as Palmer thanks departed Chelsea boss
Nicolas Jackson appeared to question Chelsea's decision to part company with Mauricio Pochettino as Cole Palmer paid thanks to the Argentine.
On Tuesday, Chelsea announced Pochettino had left the club by mutual consent after just one season in charge, which ended in a sixth-place Premier League finish.
Several pundits expressed shock at the decision, after an upturn saw Chelsea recover from a poor start to the season to clinch European qualification.
Only four teams – Liverpool, Manchester City, Arsenal and Newcastle United – had a better expected goals (xG) figure than Chelsea (75.3) in the Premier League in 2023-24, while only three – City, Liverpool and Arsenal – had more shots on target than the Blues (215).
From March 11 onwards, Chelsea's return of 27 points was only bettered by eventual champions Manchester City, who took 28 in that span.
A number of Chelsea players appeared to be surprised by Pochettino's exit when reacting on social media, most notably Jackson.
Alongside an image of himself alongside Pochettino, Jackson wrote on Instagram: "Love you coach. Wish we could stay together more.
"But may God continue to bless you and your family. Thanks for the advice and support, you're a true lion and a fighter, wish you all the best."
Leading goalscorer Palmer, meanwhile, paid a heartfelt tribute to Pochettino in an Instagram post of his own.
"Gaffer, thank you for everything you have done for me and making my dreams come true," the England international wrote. "All the best."
Former Blues captain John Terry, meanwhile, said he was "gutted" to see Pochettino depart.
Posting to his Instagram story, Terry added: "I just hope we don't sign or sell any players until we get a manager in."
Ipswich Town boss Kieran McKenna and Brentford's Thomas Frank have been touted as possible successors, with co-owner Todd Boehly reportedly looking to hire a progressive young coach to work within Chelsea's existing structure.
Ipswich boss McKenna shutting out speculation amid Chelsea, Brighton links
Ipswich Town manager Kieran McKenna is blocking out speculation linking him with the vacant posts at Chelsea and Brighton and Hove Albion.
McKenna has earned plaudits after leading Ipswich to back-to-back promotions from League One to the Premier League, ending the Tractor Boys' 22-year exile from the top flight.
His outstanding work has led to suggestions he is a target for other clubs, with Brighton and Hove Albion being linked with a move after Roberto De Zerbi left the club.
On Tuesday, meanwhile, reports suggested he was a possible contender to take over at Chelsea after Mauricio Pochettino surprisingly left Stamford Bridge by mutual consent.
McKenna saw off competition from Pep Guardiola, Mikel Arteta, Sean Dyche, Unai Emery and John Mousinho to win the League Managers Association's Manager of the Year award on Tuesday, and his focus is simply on celebrating Ipswich's achievements.
"When you do well as a manager, or as a player, there's always going to be speculation," McKenna said at Tuesday's awards ceremony.
"What we've achieved is no ordinary thing so of course there's going to be speculation. That's not where my focus is, to be honest.
"It's been a wonderful couple of years and tonight is about celebrating that. Everyone's looking forward to next season and I know the club's going to be in a really good place."
McKenna has also been tentatively linked with a return to Manchester United, where he spent five years as a coach with the academy and the first team, as Erik ten Hag's position continues to be questioned.
Former Red Devils boss Alex Ferguson presented McKenna with his award on Tuesday, which he described as "one of the most humbling and proudest moments" of his life.
"It's the best thing in the world and I've had good experience as a first-team coach, but to be a manager in the Premier League and go up against great managers is going to be a great challenge and something I can't wait for," he added.
Guardiola wins fifth Premier League Manager of the Season award
Pep Guardiola has been named Premier League Manager of the Season for the fifth time after leading Manchester City to a fourth straight title.
City edged out Arsenal by two points on the final day of the season to win their eighth Premier League title, their sixth under Guardiola and their fourth in a row.
They are the first team in English football history to win more than three consecutive titles, while Guardiola is just the fourth manager to win six English top-flight crowns.
Alex Ferguson leads the way with 13, while Guardiola has matched former Aston Villa manager George Ramsay and Liverpool legend Bob Paisley.
With 11, Ferguson is also the only person to win the Premier League Manager of the Season award more often than Guardiola, with his fifth dragging him further clear of Jose Mourinho and Arsene Wenger (three each).
Guardiola also claimed the prize after overseeing title-winning campaigns in 2017-18, 2018-19, 2020-21 and 2022-23.
Having seen off competition from four other nominees, Guardiola said they deserved to share the honour with him.
"I want to share it, especially with Mikel [Arteta] for the incredible job he has done until the last game, bringing us to our limits," said Guardiola.
"Of course, for Jurgen [Klopp], for the unforgettable battles for many, many years. And Unai Emery, making something unbelievable again to bring Aston Villa to the Champions League.
"And Andoni Iraola, with Bournemouth, being his first season in the Premier League, doing what he has done and coming back from a tough start to the season.
"It is an honour to be alongside all of them and to win this trophy. We will defend this award as best as possible in the future."
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