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Tottenham CEO makes big transfer promise and wage structure statement

Kiran ThakareByKiran Thakare, Staff Writer
Published: 14:30, 17 Jan 2026Updated: 23:09, 18 Jan 2026
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Shutterstock
This week, Tottenham fans received positive news with the £34.7 million signing of Conor Gallagher from Atletico Madrid

Tottenham Chief Executive Officer, Vinai Venkatesham, has taken a bold step to address the club's disgruntled supporters. In a detailed letter published in the matchday programme ahead of the Premier League game against West Ham, Venkatesham made significant promises about future transfers and changes to the wage structure.

The Spurs are currently placed 14th in the Premier League table midway through a season that has seen them crash out of both domestic cups under head coach Thomas Frank. The team has also been plagued by long-term injuries to key players. This disappointing performance has led to just two wins from their past 13 matches, causing fans to express their dissatisfaction vocally.

Supporters have booed Frank and his team after matches and sung chants such as 'Boring, boring Tottenham Hotspur' and 'Sideways and backwards, everywhere we go'. These chants reflect their frustration with the style of football being played under Frank's leadership.

Positive news amidst discontent

Despite these struggles, this week brought some positive news for Tottenham fans with the signing of Conor Gallagher from Atletico Madrid in a £34.7 million deal. However, this hasn't quelled fan discontent entirely; Change for Tottenham is set to organise a protest before Saturday afternoon’s West Ham match demonstrating anger at another disappointing campaign despite major changes at the club.

In response to these concerns, Venkatesham penned an address detailing several promises for improvement along with plans for moving forward. Images released by supporter groups show that he acknowledges fan frustrations while outlining strategies aimed at improving both on-field performance and off-field management.

Tottenham Chief Executive Officer, Vinai Venkatesham, said:

"Dear supporters,

As we reach the halfway point of our season, I wanted to share an update on our plans for the future. The joint ambition of our executive team, board and the Lewis Family is clear: to see our men's team competing regularly in the Champions League and for major trophies, while significantly raising the competitive level of our women's team.

Our focus is sporting success, and in that we share the same ambition as our supporters. We know that words carry little weight without action, which is why recent months have been spent undertaking a thorough review of our operations. Opportunities for a genuine reset are rare in clubs of our size and we have been determined not to waste this moment as we make the changes needed behind the scenes to compete consistently at the highest level.

Football has changed significantly in recent years and, while the club has evolved and achieved incredible things, we recognise that in some key areas we have not always kept pace. We all feel the gap between where we are and where we want to be and, while we know progress takes time, we share your impatience to close it. Our supporters want wins and performances to be proud of and we know the men’s first team has fallen short of where we want to be so far this season. Significant work is underway and I wanted to set out the key areas of focus.

We believe in our current squad, but must add more quality, experience and leadership to compete consistently at the highest level. Doing so requires a more proactive approach to recruitment, alongside a wage structure that supports our ambition. We are fully focused on strengthening the squad in January where the right opportunities exist, while recognising that the most significant player trading activity typically comes in summer windows. Our priority is to make signings that genuinely move us forward and we will be disciplined against that aim.

Player trading is also about knowing when to sell and being decisive about moving players on who are not part of our future. Doing so is essential to maximising value and managing our financial fair play obligations. Despite common belief, we are not immune to these rules and must carefully manage our squad development plans against them. This focus is reflected in the appointment of Rafi Moersen from City Football Group as Director of Football Operations. When he joins later this year, reporting into our Sporting Director, Johan Lange, he will play a central role in shaping and executing our player transactions and supporting the wider football operation."

The Tottenham Hotspur Supporters' Trust had previously met with club officials pushing for more open dialogue. Venkatesham's statement appears to be a direct result of this meeting, indicating a willingness on the club's part to engage more transparently with its supporters. While it remains to be seen how these promises will materialize, Venkatesham’s address is an important step towards mending relations between the club and its fans. The CEO’s commitment to transparency and improvement could potentially herald a new era for Tottenham Hotspur, one where fan engagement and open dialogue are prioritized alongside on-field success.

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