Redknapp has little money to spend

Tottenham chairman Daniel Levy has told the club’s manager Harry Redknapp he will have to sell players of his squad before signing anyone in January’s transfer window.

After taking the reins as Tottenham manager, Redknapp spent 45 million Pounds last January as Spurs climbed out of the relegation zone of the Premier League.

But Redknapp’s hopes of spending big this January were dashed by Levy at the Annual General meeting at White Hart Lane.

“We do not envisage being very active in the January transfer window, although we will take note of any opportunities that arise,” said Levy.

“That is with the proviso, however, that we do not envisage any net spending.”

Levy said there would be “no disruption to the core team” next month, which would appear to rule out any possibility of Keane leaving for Celtic.

The Irish striker has been linked with a loan move to Celtic but Roman Pavlyuchenko seems to be more likely to leave Spurs, having spoken of his desire to play first-team football.

Levy added: “Having a settled squad gives us the best chance for consistency. We are striving for top-level displays, including the ability to take on and beat the so-called top-four teams.”

Levy encouraged shareholders to write to Haringey Council to increase the chances of getting planning permission for a new 58,000-seat stadium, believing it could be used as a host ground if England’s 2018 World Cup bid is successful.

“I would urge you to write and support the application,” Levy told shareholders.

“These are exciting times, and the stadium would be a possible venue for the World Cup, but we must not rest on our laurels.”