Tottenham Hotspur look to have ended any chance of signing some key transfer targets.
As published by the London Evening Standard, Spurs will return to their old transfer policy of only signing players in the bracket of £10-£15 million, having had a number of big-money flops in recent years.
After selling Gareth Bale, the North London club brought in the likes of Erik Lamela, Roberto Soldado and Paulinho for a combined £73 million - all of whom have struggled at White Hart Lane.
They moved away from this strategy in the summer of 2013, and having seen it fail the club, Daniel Levy has confirmed that they will return to only signing players in the safer price range of £10-£15 million.
However, this limits the players that Spurs will be able to sign in the summer, despite some serious reinvestment needed.
Other players linked with moves, the likes of Kevin Wimmer - via the Mirror - and Jacopo Sala - via Gianluca Di Marzio - are unlikely to be hit by the policy, and it would be no surprise to see them move to White Hart Lane.
These would be good signings, but they are hardly the players that will take the club forward. Levy must be hoping to secure the budget signings for head coach Mauricio Pochettino to improve as players, before then selling on for profit.
This is a wise transfer policy in terms of financial security, but when looking at on-pitch matters, it is the kind of policy that will make Spurs a less formidable force in the Premier League.