As news filtered through that Stan Kroenke was completing a full buy-out of Arsenal that valued the club at £1.8billion, those in the know pointed to the fact that Daniel Levy believes Tottenham Hotspur is worth even more.

Levy has long denied Tottenham is being fattened up for a sale, but there is a belief that £2bn would be the magic figure that would see ENIC, for whom he is managing director, relinquish control.

Chief executives, directors and chairmen who have attempted to do business with Levy will not be surprised by the figure, as he has long adopted a similar approach to the transfer window.

The Spurs chairman places a high value on his own assets and likes to buy at the bottom of the market. But, with under 24 hours until the Premier League deadline passes, Levy faces one of the biggest dilemmas of his tenure. Stick or twist?

His supposed £2bn football club that, all being well, move into one of the best stadiums in Europe in mid-September are yet to spend a single penny this summer. That may yet change before 5pm on Thursday, but it does not appear there is a late bargain to be had.