Sources: Tottenham facing 261m losses as Juventus look to pounce on transfer opportunity

Tottenham could face a difficult summer transfer window if relegation to the Championship occurs. Dropping out of the Premier League would create a large revenue loss, increasing pressure to reduce the wage bill through player sales. Djed Spence’s future is uncertain, with Juventus showing increasingly strong interest as they seek new full-back options. Tottenham sources have suggested Spence and other major players are not for sale due to his contract running until 2029, but industry expectations anticipate exits if relegation happens. A Spence sale is estimated at around £40m and could remove about £87,000 per week from wages, supporting cost-cutting for Championship life.

"Tottenham could be facing a daunting summer in the transfer window if they end up getting relegated to the Championship, with Djed Spence's future in doubt, as first reported here for the Daily Briefing. As I understand it, Spurs face the a hugely damaging 261m loss in revenue if they drop out of the Premier League, so there will be a clear and obvious need to sell some star players to reduce the pressure on their wage bill."

"One of those is Spence, who I'm also told is attracting increasingly strong interest from Juventus as they look for new signings at full-back. Spence will likely also have suitors from the Premier League, but for now Juventus is the most concrete name I'm hearing about, with the Italian giants registering an interest. For now, sources close to Tottenham have ruled out a sale for Spence and other big names, pointing to the English defender's contract until 2029, but the reality is that many figures in the industry anticipate player exits and see this as one of the more likely ones."

"It's hard to see Spurs keeping Djed Spence if they go down, one well-connected source told me. Juventus have a concrete interest, though obviously for now their message is that they don't want to sell. In reality, the expectation is that will change if they go down. With Spence, they're looking at a potential 40m sale and 87,000 a week off their wage bill, which unfortunately is an essential cost-cutting measure if they're preparing for life in the Championship."

"Someone like Spence would likely see Juve as a step up for his career anyway, but it's also perhaps looking a bit more promising for Roberto De Zerbi's side after West Ham's recent defeat to Arsenal. THFC are in control of their own destiny now, though they have"

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