Report: Spurs hand AVB transfer chest
According to the Daily Mail, newly appointed Tottenham manager Andre Villas-Boas has been handed a 50 million Euro transfer budget for this summer.
By ESPNSTAR.com staff
Just four months after the termination of his contract at Chelsea, Villas-Boas was appointed manager of their London rivals Tottenham. Unlike his former employers, the Portuguese is believed to have the full backing of Spurs chairman Daniel Levy to revamp the current squad. Pumping 50 million Euros into Villas-Boas' transfer chest, Levy is hoping the new man in charge will lead Tottenham back into the Champions League.
Recently completing the signing of attacking midfielder Gylfi Sigurdsson from Hoffenheim, Villas-Boas and Levy have identified Marseille's Loic Remy as their next target. However, the striker has been priced at 20 million Euros by his club, and it remains to be seen if Spurs will shell out close to half their transfer budget for the Frenchman.
Negotiations with Manchester City are also on-going, as the Tottenham chairman remains keen to make Emmanuel Adebayor a permanent addition to the squad. Meanwhile, club officials continue to follow up on Jan Vertonghen's proposed 10 million Euro move from Ajax Amsterdam, and are preparing to launch a 12 million Euro bid for CSKA Moscow's Alan Dzagoev after he caught Levy's eye at the recently concluded European Championships.
Manchester United target Joao Moutinho is also believed to be on Tottenham's radar. In addition, club scouts have identified England's Euro 2012 surprise inclusion Jack Butland as a future replacement for the aging Brad Friedel.
With these players likely to come up to a sum higher than 50 milion Euros, Levy is preparing to sell talismanic midfielder Luka Modric to either City, United, Real Madrid or Chelsea, while Dutchman Rafael van der Vaart will be sold back to Hamburg SV.
While he was at Chelsea, Villas-Boas attempted to sign Modric for the Blues, but with the Croatian eager to feature in the Champions League in the upcoming season, the new manager is believed to be resigned to losing his former target.