Spurs set to announce key man’s new contract after loan development – report
Tottenham are set to announce Son Heung-min’s contract extension after repaying a huge Bank of England loan, according to The Athletic.
Son’s future has been the source of some speculation in recent months during his best ever goal-scoring season in a Spurs shirt.
The club’s failure to qualify for the Champions League, or even the Europa League, may have led to some fan anxiety as to whether Son would seek European football elsewhere this summer.
But it seems Tottenham have managed to tie down the South Korean.
The Athletic claims Spurs are now in a position to finalise Son’s new long-term contract.
That’s because the Londoners have repaid a £175 million loan by raising money through a Bank of America scheme, meaning they are are now financially stable enough to sanction’s Son’s deal.
Apparently the contract has been virtually agreed since last October, but Tottenham were waiting until after the loan was repaid.
All of which is great news given that Spurs could do without further speculation and rumours on top of all the talk about Harry Kane and a new manager.