Report explains why Tottenham transfer business might now speed up
Football.London have reported that with the deadline for the Profit and Sustainability Rules calculation having passed, we might see transfer business speed up across Europe.
The PSR deadline has now passed
It is pointed out that with June 30 set as the deadline for PSR calculation, several clubs were scrambling to get final-minute deals done over recent days in order to balance their books.
The PSR rules allow clubs to make a maximum loss of £105m over three years, with any greater loss potentially leading to a points deduction.
It is explained that Spurs are in a far better position than most clubs with respect to PSR and FFP, due to the revenue generated from the stadium as well as the big fee the club got for Harry Kane last summer.
The transfer window can really get started now
The report states that many clubs waited until the opening of the next year’s financial accounts on July 1 to get moving with transfers.
The publication adds that this has stopped Spurs from pushing ahead with some moves as selling clubs wanted to wait until July to bring a nice profit bump to their books.
Hopefully, that means we have some busy weeks ahead of us before the start of the new season!
Spurs Web Opinion
Once the Euros and Copa America conclude, we will see a further acceleration in transfer talks across Europe, with some big moves likely to have a domino effect and force other clubs into action.
Tottenham will look to get the majority of their business done over the next few weeks.
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