Brexit is part of reason why Tottenham did not sign a player – Manager

2 minute read.

Sky quotes Tottenham manager Mauricio Pochettino says Brexit is part of the reason why his side did not sign a single player before the start of the season.

Spurs are the first side in Premier League history not to complete a signing during the summer transfer window, sparking disquiet from fans. Pochettino said at the end of last season that he wanted the club’s hierarchy to be “brave” – a comment which many took as a strong hint he wanted new recruits to push on from a third successive top three finish.

But there have been no new arrivals in north London, something which the Spurs manager said was in part down to Brexit making players more expensive.

Sky report says that the value of the pound has fallen in the wake of the 2016 vote to leave the European Union, with the currency hitting a near one-year low on Thursday.Premier League football clubs have been forced to foot an extra £88.3m in transfer fees because of Brexit causing sterling’s value to slump, it has been claimed.

The extra money would buy two Mohamed Salahs, the striker who signed for Liverpool from Roma last year for €42m (£37m) and went on to win the Premier League Golden Boot.

The figures were compiled by the People’s Vote campaign, who are calling for a referendum on the final terms of Brexit, as the transfer deadline closed on Thursday. They were calculated by comparing the three-month average value of sterling against the euro in June-August 2018 with the same period in 2016.

Read more on Sky

 

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