Tottenham set to make huge profit

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Tottenham Hotspur are set to make a huge £47 million pound profit this transfer window despite being set to spend over £100 million according to reports.

Spurs have spent £60 million so far in this transfer window after signing Roberto Soldado from Valencia, Etienne Capoue from Toulouse, Nacer Chadli from FC Twente and Paulinho from Corinthians.

The London club are close to spending another £60 million on Willian and Erik Lamela, they would cost £30 million each.

Spurs head coach Andre Villas-Boas was reportedly given £50 million transfer kitty to spend this summer on new recruits.

Spurs' spending power was further strengthened with the sales of Scott Parker to Fulham, Tom Huddlestone to Hull, Steven Caulker to Cardiff and Clint Dempsey to Seattle Sounders. This brought around £24 million into the club.

However Gareth Bale is set to join Real Madrid for £93 million plus Fabio Coentrao. This gives Spurs a spending power of £167 million this summer window.

Spurs, if the deals for Willian and Lamela are completed, would have spent a total of £120 million this summer, leaving the club with £47 million left in the bank.

Spurs chairmen Daniel Levy has yet again proved his worth to the club. He is a tough negotiator and has brought money into the club this window whilst strengthening the entire Spurs squad.

The Spurs board have backed AVB in the transfer market so far this summer and allowed him to stamp his authority on the squad and soften the loss of star man Gareth Bale.

Levy has been criticised by some Tottenham Hotspur fans in the past but could be set to complete arguably one of the best transfer windows in the club's history.

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