Tottenham are set to break their club-record transfer fee for the second time in a matter of days, with the £100m signing of Sandro Tonali from Newcastle poised to take their summer spending to £237m — surpassing last season’s record outlay of £235.8m.
The Italian midfielder has spoken about his move to Spurs for the first time ahead of a medical, as the club’s owners push to reassert their status as a ‘big six’ force after two consecutive 17th‑place finishes.
“Tottenham are set to spend £237m this summer, including a record £100m for Sandro Tonali, as owners push for a big-six revival.”
Tottenham have already this window signed Jan Paul van Hecke from Brighton for £52m and Mateus Fernandes from relegated West Ham for a club‑record £85m. Tonali, who was also Arsenal’s top midfield target, will join for a fee that could rise to £100m — the Gunners found the asking price prohibitive.
The transformation in transfer policy began last September when Daniel Levy ended his near 25‑year reign as executive chairman. In an open letter in May, new chairman Peter Charrington said the club “recognised that something seismic had to change”.
“What has been put in motion is real, and it marks a genuine break from what had come before,” Charrington added. “We must be in the fight with the best teams in this league, every season, and we are rebuilding this club with that standard in mind.”
Majority shareholder Enic, run by the Lewis Family Trust and holding 86.58% of the club, has injected £100m via the purchase of new shares — the second such injection in 10 months — and authorised a “full reset”. New spending rules, higher revenues, owner cash injections and freeing up more money for wages are enabling the ambition, with the potential for a further £250m to be spent this summer.
Tonali’s imminent arrival underlines the shift: a player who was seen as out of reach just a year ago will now make Spurs the most active spenders in the Premier League. “We are rebuilding this club with that standard in mind,” Charrington wrote — and the chequebook is proving it.