Tottenham Hotspur and their chairman, Daniel Levy, have made significant financial savings in their pursuit of new signings for the upcoming season.
With the imminent arrival of Guglielmo Vicario from Empoli, the club appears to have found a suitable successor for their long-serving goalkeeper, Hugo Lloris. Lloris had expressed his desire to seek new challenges elsewhere, leaving Spurs in search of a worthy replacement after his remarkable 11-year tenure.
Initially considering David Raya from Brentford as a potential option, Tottenham reconsidered due to the substantial £40 million price tag set by the Bees.
Instead, they pursued a deal for Vicario, a 26-year-old goalkeeper whose talents have attracted interest from top clubs such as Juventus, Napoli, Inter Milan, Bayern Munich, and Manchester United. Vicario’s reported transfer fee of €19 million (£16.3 million) represents a significant saving for Spurs, who managed to secure the highly-rated shot-stopper ahead of their rivals.
Vicario’s performances for Empoli in Serie A over the past two years have garnered praise and earned him occasional call-ups to the Italian national team.
Although he is yet to receive his first cap, his consistent displays have established him as one of the league’s best goalkeepers.
While some Tottenham fans may be disappointed by the club’s decision not to match Brentford’s asking price for Raya, the significant cost savings and the opportunity to sign Vicario will likely appease them.
By opting for Vicario over Raya, Tottenham has saved a substantial £23.7 million, which can now be allocated to other summer transfers aimed at strengthening manager Ange Postecoglou’s squad.
The impending signing of Vicario will mark the club’s second addition for the 2023/24 season, following the permanent acquisition of Dejan Kulusevski from Juventus.
During Kulusevski’s successful 18-month loan spell with Spurs, the club managed to negotiate a reduced fee of €30 million (£25.6 million), payable over six financial years.
Furthermore, Tottenham’s negotiations with Juventus resulted in an additional saving of £4.3 million, reducing the total transfer cost for Kulusevski.
This prudent approach by Daniel Levy and the club’s management has saved Tottenham a total of £28 million, allowing them to allocate the funds towards rebuilding the team and aiming for a stronger performance following a frustrating 2022/23 campaign.
The financial prudence displayed by Tottenham in their transfer dealings demonstrates a commitment to ensuring long-term sustainability and competitiveness.
With these savings, Spurs hope to return to their position among the top contenders and reestablish their prominence in English football.