Overview
- Tottenham confirmed the £85m signing of Mateus Fernandes and reached agreement with Newcastle on Sandro Tonali for about £92.5m up front plus £7.5m in add‑ons, according to multiple reports on Wednesday.
- Both deals are subject to routine medicals and paperwork before they are final, with Tonali reported to have flown to London to complete formalities.
- Newcastle stand to record a large profit on Tonali after buying him for roughly £55m in 2023, and several outlets say club officials are unhappy that the player and his agent pushed for the move.
- Reports note Tonali’s prior betting‑related sanctions from the FIGC and the FA remain part of his record and are being discussed as clubs and fans assess the transfer.
- Financially, Spurs are using owner funding, stadium and commercial revenue and standard transfer amortisation to absorb large upfront fees, a shift that could require sales and will shape squad planning ahead of pre‑season.