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Tottenham Hotspur have confirmed a major financial and structural reset after narrowly avoiding Premier League relegation in consecutive seasons, with club leadership admitting the situation has fallen far below expectations.

The north London side survived on the final day after a win over Everton, but their league struggles triggered an internal review and a strongly worded statement from the club’s ownership group.

Ownership admits failure and demand change

The Lewis family, who control the club, issued an unusually blunt message on the club’s official platform, stating: “Finishing 17th this and last season does not reflect the stature or potential of this football club.”

They added: “We are bitterly disappointed and share your frustration. You, and we, expect more than this. We know this must never happen again.”

The statement also confirmed a commitment to long-term investment, insisting: “This will require investment – in our teams, the academy, our backroom functions and more – and we are fully committed to this.”

Club chief Vinai Venkatesham reinforced the direction of travel, confirming that Tottenham have effectively abandoned their previous wage structure to remain competitive in recruitment.

He told the BBC: “The squad needs work and the squad hasn’t got the right balance.”

He added: “We need experience and leadership… this transfer window, in particular, is going to be critical.”

Structural overhaul targets performance gaps

Tottenham’s leadership has identified squad imbalance, injuries, and infrastructure inefficiencies as key drivers of the decline, with internal changes already underway across medical and performance departments.

Venkatesham acknowledged the scale of the challenge, saying: “It is hard to underestimate the scale of the challenge he walked into.”

He also admitted the club’s training environment required reconfiguration, adding: “It looks more like a five-star hotel than it does a performance environment.”

A review has also been launched into the club’s £1bn stadium pitch system amid concerns it may be contributing to recurring injury issues.

De zerbi impact and squad recovery push

Despite instability earlier in the season, the appointment of Roberto De Zerbi brought short-term stabilisation, with the team collecting 11 points from seven matches to preserve top-flight status.

Injuries to key players such as James Maddison and Dejan Kulusevski further exposed squad depth issues, intensifying calls for reform across recruitment and medical operations.

Venkatesham concluded the club is still in a transition phase, stating: “We are fixing them. We are addressing them. Those challenges have not disappeared overnight.”