Tottenham will have to be cautious in the transfer market with the financial impact of coronavirus compounding restrictions already in place thanks to the debt owed on their stadium, former director of football Damien Comolli has warned.
Chairman Daniel Levy had insisted before the Covid-19 shutdown that Spurs's spending power would not be hindered by the debt owed on their £1.2billion stadium, but later warned that the crisis could "undermine the future stability of the club".
"If they are not doing well in the league, if the transfer market is tough for them and they are not qualified for the Champions League, people have to understand that they have to be very cautious," Comolli told Sky Sports.
"Tottenham are in a situation where they have some money to spend, or they would have had without the virus.
"That virus will create a situation for them because they have this huge debt, it is a 'healthy debt' because they have built the stadium and have an incredible asset, but they still have to pay for it."
According to their most recent financial accounts, Tottenham's net debt stands at £534m - an increase of £174m from 2018.
