Tottenham's spending spree explained by new squad-cost rules

How can Spurs afford this spending?

How Tottenham can stay within financial rules during their current spending spree has been the subject of a lot of questions submitted via our Spurs Ask Me Anything form. Spurs can spend significant sums this summer because under the new squad-cost ratio rules (SCR), they are allowed to spend up to 85% of their revenue on player costs - player wages, amortisation and agent fees etc. In their last set of accounts (2024-25), wages and amortisation was only 61%, and this includes all salaries.