Daniel Levy has admitted Tottenham have made transfer mistakes which are still impacting the club despite a growing financial position.
Spurs have announced their annual financial results for the year ending June 2022, the first full season since the Covid-19 pandemic restricted fans from attending matches, with total revenue increasing 22.7 per cent to £440m from £361.9m in 2021.
The club defended their position earlier this month when questioned by the Tottenham Hotspur Supporters' Trust over their transfer spending which has seen them invest more than £500m since April 2019 in the first team.
In a statement, Levy reinforced the club's commitment in the transfer market although admitted the money they've spent hasn't always paid off.
"Our spend levels show we have invested in the team - however, we walk a fine line between long-term investment and short-termism," said Levy.
