Friday’s news of a brand new big-money contract for Harry Kane meant more than just another player in the squad extending his stay in London.
Tottenham as a club over the past decade has not always engaged with the high-spending crowd in the transfer market for the right reasons.
It is because we are a club with ambitious values and building from within is the priority.
However, there always comes a time when certain policies are tweaked for the better due to overall progress and we are now in that era.
Kane’s expensive new contract might just be the indication that Daniel Levy is finally loosening the purse strings.
It is a sign of change at a club which was once reluctant to pay players even more than £90,000-a-week in wages.
The gut feeling here is that consecutive seasons of Champions League qualification has generated a handsome revenue for the club.
And even with the cost of the new stadium to cater for, there is more incoming money than outgoing funds.
We are now paying players what the Barcelona’s and United’s do and that signals an intent to compete at their level in the transfer market as well.
Let’s not forget that Kane’s new deal is rumoured to be set to be followed by the likes of Christian Eriksen and Dele Alli signing new contracts with heavy pay rises as well.
That means we could soon have four or five players around the £150,000-£200,000 weekly wage, and you don’t spend in that fashion as a club unless you are ready to splash the cash like the big boys.
To his credit, Levy is a man who always makes his moves only at the right time, when necessary, and he has finally accepted that we are no longer incapable of spending more.
Also, Kane’s rise to stardom means he will be pushing for the club to recruit players around the levels found at Real Madrid, the club whom the tabloids could not stop linking him to until the new deal was signed a few days ago.
Our new ground will not only be a source of more profit but more prestige as well, which will in turn attract higher standards when we are shopping in the transfer market.
Thus, gone are the days when we could ill afford to break the bank.