Report: Potential boost for Spurs as club are planning some early summer sales
According to a report in iNews, Nottingham Forest would have to offload several players in June to avoid breaching the PSR for a second year in a row.
Tottenham secured Brennan Johnson from Forest last summer and reports indicated that the North London side are now plotting a move for another one of the Midlands club’s starlets – Morgan Gibbs-White.
Last week, Football Insider claimed that Spurs had already opened talks with Forest over a deal for the midfielder.
However, the outlet made it clear that Nuno Espirito Santo’s men have no intention of letting the Englishman leave on the cheap and have put a £60m price tag on his head.
Forest in a tricky spot with financial regulations
However, if iNews’ latest update is to be believed, Spurs do have one potential advantage as Forest are said to be in a ‘race against time’ to raise funds before the end of June.
They were hit with a four points deduction last season for breaching spending limits and it is explained that unless they are able to quickly raise money through player sales, they could suffer a similar fate next season.
With clubs are due to submit their 2023/24 accounts by 30 June, Forest would thus have to push through some major sales over the coming weeks.
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There is no doubt that Levy will try to take advantage of Forest’s financial situation and look to push through a discount deal for Gibbs-White. The Spurs chairman will probably try the same trick with Gallagher, with Chelsea also needing to raise funds before the June 30 deadline.
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