Spurs spend £60m so far in the transfer window so the media tells us…

Err no actually its only £22m and by the way our wage bill has reduced by £70,000 per week.

The tables below track Sales and Purchases since the start of the 2012-2013 season and reveal the amazing job done by Daniel Levy. The squad has been strengthened with or without the sale of Gareth Bale.

Infact if you consider the additional £40-£50m Spurs will receive from the improved TV deal in season 2013-14, I can reveal Spurs could by Willian and still finish the season cost neutral.

The figures below don’t include deferred payments, but as this is believed to be common practise I have assumed it flat for Sales and Purchases.

Using generally accepted figures and estimates of contract value, no deal typifies Levy more than the revenue just received from the 50% buy on clause included in the sale of Dos Santos. Such a clause also exists with Adel Tarrabat

So here we go starting from the start of the 2012-13 Season:

Spurs Transfer Spending Season 2012-13 Name Value Wage P/W Sales July – August 2012 Corluka 5.5 £35,000.00 Bassong 4 £30,000.00 Pienaar 4.5 £50,000.00 Krancjar 5.5 £30,000.00 Modric 33 £50,000.00 King 0 £70,000.00 Nelson 0 £40,000.00 Saha 0 £60,000.00 Van Der Vaart 8 £70,000.00 Dos Santos 4 £35,000.00 Total 64.5 £470,000.00 Purchases Lloris 8 £50,000.00 Dembele 15 £50,000.00 Vertonghen 9 £60,000.00 Sigurdsson 8 £40,000.00 Adebeyor 5 £90,000.00 Dempsey 6 £60,000.00 Total 51 £350,000.00 Balance 13.5 £120,000.00

New player contracts:

New Contracts Extra Wage P/W Bale Complete £50,000.00 Walker Complete £25,000.00 Kaboul Complete £20,000.00 Total £95,000.00 Balance 13.5 £25,000.00

Players purchases in January 2013:

Purchases January 2013 Holtby 1.5 £50,000.00 Fryers 3 £25,000.00 Balance 9 -£50,000.00

Players released at end of Season 2012-2013:

Jenas £40,000.00 Bentley £50,000.00 Gallas £65,000.00 Bostock £15,000.00 Total £155,000.00 Balance 9 £105,000.00

So Spurs finished last season with a Transfer surplus and a smaller overall wage bill, however most Spurs fans felt we finished the season with a squad weaker then the year before.

So on to the present Transfer window and a flurry of early activity. The life of a Spurs fan is never straightforward. In seasons past last minute Sales and Purchases have been seen by many as the reason for our slow starts. Rather than bask in this early activity we are left to wonder is this all a prelude to the sale of Bale?

Anyway here we go for Season 2013-14

Spurs Transfer Spending Season 2013-14 Name Value Wage P/W July – August 2013 Sales Caulker 8.5 £30,000.00 Dempsey 6 £65,000.00 Huddlestone 5.5 £35,000.00 Parker 3.5 £70,000.00 Dos Santos 3 Total 26.5 £200,000.00 Balance 35.5 £305,000.00 Purchases Soldaldo 26 £85,000.00 Capoue 8.5 £50,000.00 Chadli 7 £40,000.00 Paulhino 16 £60,000.00 Total 57.5 £235,000.00 Balance 22 £70,000.00

So there you have it.

There are some adjustments in the detail for sure, but I think overall the message is there the very possible sales of Adebeyor and BAE could generate a further £12m, meaning Willian could be brought in and we’d still stay in budget for the year.

What do you think?