Ex-Tottenham Hotspur chairman Alan Sugar has likened the way the club went about spending the money from the Gareth Bale sale last summer to a 'kid in a sweet shop'.
Former Tottenham chairman Alan Sugar has slammed the club’s spending last summer, following Gareth Bale’s £85 million move to Real Madrid.
In their bid to replace the Welshman’ influence, Tottenham spent around £105 million on seven new additions in the run up to the 2013-14 campaign, with Roberto Soldado, Nacer Chadli, Paulinho, Christian Eriksen, Erik Lamela, Etienne Capoue and Vlad Chiriches all arriving from abroad.
Few of those names impressed, however, as the club sacked Andre Villas-Boas in December, with his replacement Tim Sherwood guiding them to a sixth-place Premier League finish before his own departure at the end of the season.
Sugar says that entirely careless approach in the transfer market was always doomed for failure, but thinks that the fault rests with technical director Franco Baldini and Villas-Boas rather than current chairman Daniel Levy.
‘I sat back and watched that happen, thinking it can’t be right you’ve promised the manager that all the proceeds of the Bale sale will be given to him to spend on players’, he told Sky Sports News.
‘Great news for him, but I would guess if you'd made that promise to Arsene Wenger he would have gone, “thank you, Mr Chairman. I’ll stick it in the back and use it when I find somebody who’s worthy to buy.”
‘They went out like a kid in a sweet shop and he’s brought everything in sight. Gone and spent the money straight away. And that told me that the management beneath him [Levy] were delinquent in some way because you cannot do that.
‘It doesn’t make sense that you can suddenly pick seven players like that. What does that say about all of the rest of the squad?
‘That’s my only criticism I would have, but you can’t criticise Daniel because, as the chairman, he’s obviously under pressure when he had the untenable situation of having to sell Bale, and he did a very good job of getting a world record fee.
‘Then he promised the money to the manager, so what more can you do?’
With new boss Mauricio Pochettino arriving from Southampton, Spurs have made just three signings for a combined £7.5 million so far, with Swansea duo Michel Vorm and Ben Davies and Sporting’s Eric Dier the sole additions.
Looking to bank on last summer’s signings to push on from 2013-14’s disappointment, Pochettino has remained mum on whether there will be more arrivals before the close of the transfer window, but it would be a surprise were their business finished considering the club’s ambition to challenge for a Champions League spot.