Ange Postecoglou has acknowledged Tottenham will not be restricted like some clubs when it comes to spending in the summer transfer window.

Spurs announced their 2022-23 financial results on Wednesday, which showed total revenue for the Premier League club had increased to £549.6million, up from £444m for the previous year.

Club chairman Daniel Levy also revealed they were “in discussions with prospective investors” over a minority stake in Tottenham, and while a loss of £86.8m was recorded, this was put down to “significant and continued investment in the playing squad”.

The breaches of Premier League Profit and Sustainability rules by Everton and Nottingham Forest, which resulted in points deductions, contributed towards a quiet January transfer window – with Spurs one of the biggest spenders.

A similarly muted summer transfer window is anticipated, but Tottenham could again buck the trend with a plethora of additions despite overall losses of up to £232m over the past three years, due to an annual depreciation charge of £72m being included owing to the club’s stadium rebuild.

“My discussions around those kinds of issues are not the minutiae of a balance sheet,” Postecoglou explained ahead of Sunday’s visit of Forest.

“It is about us planning to build a side that can potentially be successful. So, that’s what we’re doing and nothing that is going to come out in the balance sheet is going to disrupt those plans because those plans are done in alliance with the people who make the balance sheets.

“It is not like ‘oh, we are going to wait for the financial results before we start thinking about who we’re going to sign’. All this stuff is already in planning.

“We kind of know what position we’re in and what we need to do in the summer. That doesn’t mean it’s all going to come to fruition of course, because there are all sorts of other factors that come into it.

“Our planning is well under way in what we need to do. But there’s no doubt that from our perspective, we are not one of the clubs who are going to be as restricted as others.

“From my perspective, I’ve had a clear line of communication about where we are as a football club and nothing I’ve taken on has surprised me in any way. We’re in a good position and hopefully we can build on that.”

It was put to Postecoglou that Champions League qualification would be beneficial from a financial standpoint, but the Australian doubled down on his assertation that a top-four finish is not his aim for this season – it is instead to see clear signs of progress in terms of their playing style.

He added: “We’re not banks, we’re football clubs. We’re not financial institutions. I don’t get measured by the balance sheet at the end of the year.

“What I’m saying is, Champions League, great. Money, great. Does that mean we’re going to finish third next year? No, in fact it is probably going to be more challenging.

“So my role in that is not to worry about the financial pressure of making Champions League.

“It is to create a squad that hopefully can compete in the Champions League and keep improving in the Premier League and have success in the cup competitions. That’s where I differentiate.”

Tottenham are “in discussions with prospective investors” in a bid to “capitalise on our long-term potential”, chairman Daniel Levy has revealed.

The Premier League club’s total revenue for the financial year to June 30, 2023 exceeded half a billion pounds for the first time, with the figure of £549.6million a significant increase on £444m for the previous year.

However, operating expenses including first-team costs have risen by 21 per cent to £487.9m, with a loss of £86.8m put down to “significant and continued investment in the playing squad” in the financial results published by the club on Wednesday morning.

Levy announced in his statement accompanying the results that Spurs were looking for an injection of equity.

He wrote: “To capitalise on our long-term potential, to continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base.

“The board and its advisors, Rothschild & Co, are in discussions with prospective investors. Any recommended investment proposal would require the support of the club’s shareholders.”

Tottenham took the gamble of confirming managerial novice Tim Sherwood as their new head coach on this day in 2013.

Sherwood had no experience at leading a club prior to assuming Spurs first-team duties one week earlier in the wake of Andre Villas-Boas’ sacking.

Yet after one defeat and one win, the Tottenham board had no trouble in supporting Sherwood to lead them further up the Premier League table, with the then 44-year-old appointed on a contract running to the end of the 2014-15 season.

The north London club had been expected to challenge for a top-four finish after a heavy outlay over the summer, yet they sat seventh in the table and were four points adrift of the Champions League places.

Villas-Boas was dismissed a day after a demoralising 5-0 home defeat against Liverpool, while Tottenham had also shipped six goals at Manchester City.

Tottenham chairman Daniel Levy admitted he was loath to dispense with the services of Villas-Boas, but gave his backing to Sherwood, who played for the club as a midfielder from 1999 until 2003.

Levy told the club’s official website: “We were extremely reluctant to make a change mid-season, but felt we had to do so in the club’s best interests.

“We have a great squad and we owe them a head coach who will bring out the best in them and allow them to flourish and enjoy a strong, exciting finish to the season.

“We are in the fortunate position of having within our club a talented coach in Tim Sherwood. We believe Tim has both the knowledge and the drive to take the squad forward.”

Sherwood oversaw Tottenham finishing sixth in the table in the 2013-14 campaign before parting ways with the club two days later, with Levy saying in a statement: “We agreed an 18-month contract with a break clause at the end of the season and we have now exercised that option.”

Martha Thomas’ ninth goal of the season fired Tottenham to a maiden victory over Arsenal in the Women’s Super League.

Jonas Eidevall’s Arsenal entered this fixture eyeing an eighth consecutive league win, but the day belonged to his fellow Swedish coach Robert Vilahamn, who claimed a statement result at Tottenham Hotspur Stadium.

Under the watchful eye of Spurs men’s boss Ange Postecoglou and chairman Daniel Levy, Vilahamn’s team held firm during a tight first half and produced a superb team move in the 58th minute, which was expertly finish by Thomas.

The visitors pushed for a late response, but could not find a way through to hand Tottenham a 1-0 win and a first triumph over their rivals at the eighth time of asking in the WSL.

The two rivals warmed up for this league fixture with an entertaining 3-3 draw in the Conti Cup on Wednesday, but chances were far and far between in the opening stages.

It took until the 12th minute for the first opportunity of note when a Caitlin Foord effort deflected wide to earn Arsenal a corner.

Eidevall’s side produced a neat short corner routine and it should have resulted in the opener, but Alessia Russo inexplicably headed wide from four-yards.

Spurs had shipped 11 goals in their last two WSL matches, which saw Vilahamn hand Barbora Votikova a first league start and the post came to her rescue soon after when Foord again cut inside and rifled a shot against the woodwork.

Tottenham were forced to replace centre-back Luana Buhler minutes later before Arsenal had penalty appeals waved away after Beth Mead went down after contact from Ashleigh Neville.

The hosts were able to regroup afterwards though and Celin Bizet posed questions of the visitors defence with two dangerous runs down the right.

Arsenal still looked the more threatening and Votikova saved well from Frida Maanum not long after Foord had directed another effort off target to ensure it remained goalless at the break.

Bethany England, only recently back from hip surgery, was withdrawn at the break but it was the away side who came out with better intent.

Russo squandered another fine headed opportunity from a Mead cross after 50 minutes before Votikova saved well from long-range efforts by McCabe and Maanum.

Molly Batrip brilliantly blocked a Mead shot moments later and it appeared Arsenal were edging closer to the breakthrough, but they were stunned by the hosts in the 58th minute.

Under pressure at the back, Tottenham kept their composure brilliantly and six passes after Votikova had possession inside her own penalty area, Vilahamn’s team were down the other end and Thomas had poked home following Bizet’s perfectly-weighted pass.

Arsenal immediately set about finding a response and Votikova saved Russo’s volley before Eidevall turned to his bench with Vivianne Miedema and top-goalscorer Stina Blackstenius introduced.

The game had to be paused in the 83rd minute owing to a medical emergency in the designated away end and while Miedema hooked over in the first minute of 11 added on, Spurs held on for a memorable win.

Tottenham chairman Daniel Levy has vowed to not stand still in his ambition to drive further positive change in the area of the club’s stadium.

An in-depth analysis of Spurs’ socio-economic impact from the 2021-22 season by law company EY has found the club now contribute around £900million of gross output to London’s economy, generating an additional £478m of Growth Value Added (GVA) in London.

A total of £296m of this GVA is for the borough of Haringey specifically, which is a vast increase on the £120m GVA per annum being generated in 2015 when the club called 36,284-seater White Hart Lane its home.

This study, which follows a benchmark report by Tottenham in 2015, also estimated the growth of the club’s socio-economic impact will reach £585m GVA by the 2026-27 season with around 4,300 jobs, in comparison to the 1,800 jobs it supported eight years ago.

EY’s report follows the news Tottenham Hotspur Stadium, which hosts non-football events all-year round, has been selected as one of the venues for Euro 2028.

Spurs chairman Levy said: “Delivering tangible benefits to those living on our doorstep has always been a driving factor since we initially undertook the stadium development project – four years on from the stadium’s opening, this report clearly shows the difference it is making to people’s lives and the economic prosperity it is bringing to our community.

“We will not stand still – with plans for further Visitor Attractions, notably F1 DRIVE-London, new homes, a new creative quarter and a hotel in the years to come, this area that we are so passionate about will continue to benefit from the club’s investment and being home to one of the world’s greatest football clubs and stadia.

“Everyone involved should be extremely proud of the findings of our latest socio-economic impact report.”

Sadiq Khan, the Mayor of London, added: “It’s fantastic to see the positive impact that the Tottenham Hotspur Stadium has had in the local area – from job opportunities and skills learning to local small business investment.

“Football has the power to unite communities, and this report shows football clubs can play a major role in building a better and more prosperous London for everyone.”

Ange Postecoglou feels he already has a very healthy relationship with Tottenham chairman Daniel Levy, but will not go white water rafting with him any time soon.

Postecoglou will on Monday night come up against former Spurs boss Mauricio Pochettino, who once revealed in his book ‘Brave New World’ that a staff-bonding exercise in Argentina resulted in himself, Levy and his coaches taking to the water.

While Postecoglou laughed off any prospect of a repeat occurring, he did acknowledge the importance of gaining Levy’s trust and gave credit to the previously under-fire chairman for a strong start to the new season.

“Nah, it’s not happening. Nothing against Daniel but I’m not going white water rafting,” Postecoglou said.

“Look my relationship with Daniel is pretty consistent with the relationships with all the people I’ve worked with at other clubs that have major influence as decision-makers.

“I need them to believe in me. That’s the basic core of it and you can get to that space in many different ways. It doesn’t mean you have to socialise with them, it doesn’t mean you have to talk to them every day.

“It’s about gaining their trust and belief, because without their trust and belief, I can’t do what I want to do. I can’t make decisions around staff, bringing players in, all these things unless the people above me have total faith and trust.”

Chants calling for Levy to leave Spurs were a regular occurrence during the second half of last season, but the discontent has quietened following a flying start to the campaign, although protests over ticket pricing has continued.

Postecoglou, whose side will return to the top of the table if they beat Pochettino’s Chelsea on Monday evening, said: “It’s not an unusual position. When I walked in at Celtic, the board weren’t too popular at the start either, but they backed me.

“They believed in me and when they do that, yes of course they deserve the credit because they’re the ones that have made the decisions and backed me to bring the club to where it is currently.

“So, of course they should get the credit, but I’ve treated those relationships all the same.

“The number one task I have when I go into a club is to get people to believe in me, trust me. Whether that’s the person working on the floor down here or the person who runs the club. It’s the same.

“I’ve got to get all of them to believe in me because I can’t do what I want to do by myself. It just doesn’t work that way.

“I’ve had a really healthy working relationship with Daniel and hopefully I’m gaining more of his trust to continue to do what I want to do.”

Tottenham chairman Daniel Levy has revealed he inserted a buy-back clause in the deal that saw Harry Kane move to Bayern Munich last month.

Levy reportedly made the comment – without providing further details – while appearing at a fans’ forum on Tuesday night alongside current Spurs boss Ange Postecoglu.

Tottenham’s record goalscorer ended his two-decade association with the club after joining the Bundesliga giants in a deal worth in the region of £100million.

Levy had been prompted to sell the unsettled striker in order to avoid the possibility of him running down his contract and leaving for nothing the following year.

Kane has made a superb start for his new club, scoring four goals in five games, and is set to feature in their opening Champions League clash against Manchester United on Wednesday.

Speaking ahead of the game, Kane revealed how much Spurs still mean to him, insisting: “I’ll keep an eye on Tottenham for the rest of my life.

‘I’m really happy to see the team playing the way they are and to see the fans happy is a great thing.”

Tottenham chairman Daniel Levy will face questions from supporters at a Fans Forum at the club’s stadium on Tuesday night.

It will be a rare public appearance from Levy with this set to be the first Fans Forum hosted by Spurs since Mauricio Pochettino’s tenure with Jose Mourinho, Nuno Espirito Santo, Antonio Conte and now Ange Postecoglou all sitting in the managerial hotseat since.

Postecoglou will be alongside Levy as part of a panel that includes new captain Son Heung-min, women’s head coach Robert Vilahamn and newly appointed women’s captain Bethany England, who helped the Lionesses reach the World Cup final last month.

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While Levy took part in a Q&A session at The Cambridge Union Society earlier this year, this will be an opportunity for Tottenham supporters to quiz the club’s long-serving chairman following a tumultuous 12-month period.

Spurs have enjoyed an excellent start to life under new boss Postecoglou this season, but Levy was forced to part company with Conte in March while several fan protests occurred during the latter stages of the 2022-23 campaign with repeated chants at matches for the chairman to leave.

A demonstration over increased match day ticket prices occurred before last month’s win at home to Manchester United and Tottenham remain without a director of football following Fabio Paratici’s resignation in April after he was given a worldwide ban for allegations of false accounting at Juventus.

Levy also sanctioned the sale of record goal-scorer Harry Kane in August, but he did attend a Fan Advisory Board meeting with members from Tottenham Hotspur Supporters’ Trust, Spurs REACH and Proud Lilywhites earlier this month at Lilywhite House.

It was revealed during the two-hour long meeting on September 5 that Spurs were set to replace Paratici with the appointment of a technical director while Scott Munn, the club’s chief football officer, will start later in September.

Levy was asked during the meeting by THST representative Steve Cavalier what does success look like for the club and how is it measured?

“This changes over time, but the most important thing for the club is to be a highly competitive team that wins and, importantly, entertains fans,” Levy replied according to minutes of the meeting.

Levy later expanded: “The strategy to date has been to invest in the playing squads, build a new training centre and increased stadium capacity.

“The focus now is to optimize those investments – both tangible and intangible – and drive revenues that enable the club to reinvest in players and create a winning club.”

Meanwhile, Levy provided an insight into potential plans for the women’s team this season with scope to host more matches at Tottenham Hotspur Stadium due to the men’s side only having Premier League commitments between now and January.

“With no European fixtures this season, more women’s first team fixtures could be held at Tottenham Hotspur Stadium,” Levy told the FAB meeting.

On the women’s team, Levy stated “it is a long-term project” and “while it currently loses a lot of money is a way of engaging a new fanbase” with an initial goal to challenge for the top-six in the Women’s Super League.

Ahead of Tuesday’s Fans Forum, which will be a 90-minute Q&A session in front of 250 Tottenham supporters selected by a ballot, it was revealed by Spurs director Donna Marie-Cullen that a “full ticketing review” was in hand.

Harry Kane heard Manchester United fans chanting his name but insists his full attention is on securing a lofty Premier League finish for Tottenham.

Striker Kane was captain in the absence of injured goalkeeper Hugo Lloris as Tottenham fought back from 2-0 down for a 2-2 draw with United on Thursday.

The result came in the wake of senior Spurs players meeting on Monday with chairman Daniel Levy to discuss the team's faltering campaign, which came to a head with Sunday's 6-1 pasting at Newcastle United.

Not long after that meeting, interim head coach Cristian Stellini was ousted from his role and the popular Ryan Mason was given a chance to lead the team.

When Spurs put in a rocky first-half display against United, going behind to goals from Jadon Sancho and Marcus Rashford, the picture for the north London hosts looked increasingly gloomy.

It would have hurt Tottenham supporters to hear United fans chanting "Harry Kane, we'll see you in June", amid recent transfer speculation, but the man himself shrugged that off.

"I heard what they were saying, but I'm just focused on this team and trying to finish strongly," Kane said.

The 29-year-old England skipper has a year remaining on his Tottenham contract, and the coming close season may be the club's best chance to earn a handsome transfer fee if their record scorer decides the exit door really does beckon.

Levy will have Kane's future high on his list of priorities, but for the moment the priority of everyone from the chairman down is on finishing the season strongly.

The Newcastle result pointed to Spurs being in disarray, but Mason's players showed a greater spark against Erik ten Hag's United, and Kane felt the discussions with Levy have proven worthwhile.

"I think it was important [for Levy] to understand where the players' heads were at in that moment," Kane said. "It was an honest conversation of where everyone is at and what we need to try to do to give us the best possible chance to finish the season with something.

"We're still fighting for fourth place, but if it's not fourth, we'll try to finish fifth or sixth – as high up as we can. In this league, it's so competitive, you can easily end up eighth or ninth if you're not careful."

Kane said he was "glad we reacted like that" against United, ahead of a trip to face Liverpool at Anfield on Sunday.

Spurs sit fifth in the Premier League, but their grip on that position is tenuous. In-form Aston Villa are on the same points mark in sixth place, while Liverpool are a point back with a game in hand and Brighton and Hove Albion sit five points behind but have three games in hand.

Harry Kane has revealed Monday’s crunch talks with Tottenham chairman Daniel Levy revolved around the possibility of the club finishing eighth or ninth after he admitted the Newcastle result had been building since last month.

Levy sacked Cristian Stellini following Sunday’s 6-1 thrashing at St James’ Park and consulted Spurs’ player committee, which is understood to comprise captain Hugo Lloris, Eric Dier, Pierre-Emile Hojbjerg and Kane.

Stellini had only been acting head coach for four matches after he stepped up to replace Antonio Conte, who departed a week after his explosive post-match comments at Southampton where he was critical of his own “selfish players” who he insisted did not want to play under pressure.

Kane, speaking after Thursday’s spirited 2-2 draw at home to Manchester United, hinted for the first time the impact Conte’s words had on the squad.

“The chairman asked for a meeting. Obviously I won’t go into what was said but I think it was important (for him) to understand where the players’ heads were at in that moment,” Kane said.

“Obviously coming off the back of that (Newcastle) result and it wasn’t just that result, it had been building up since the international break when we conceded the two goals against Southampton.

“It was an honest conversation of where everyone is at and what we need to try to do to give us the best possible chance to finish the season with something.

“We’re still fighting for fourth place but if it’s not fourth we’ll try to finish fifth or sixth, as high up as we can.

“In this league, it’s so competitive, you can easily end up eighth or ninth if you’re not careful. That’s what it was – to give us the best chance and I’m glad we reacted like that.”

Kane was applauded off at full-time along with the rest of his team-mates on Thursday night but the atmosphere had threatened to turn toxic when Marcus Rashford added to Jadon Sancho’s early opener to make it 2-0 to United at the break.

It left Ryan Mason, in his second caretaker spell in charge, with a big half-time team talk but the 31-year-old exuded calm and saw Pedro Porro and Son Heung-min net in the second period to help Tottenham restore some pride after Sunday’s humiliation in the north east.

Kane added: “It was quite calm. Ryan said not to try to get back in the game in the first five minutes of the second half.

“He said, ‘there’s another 45 minutes, be compact, be ready to hurt them like we did in the first half but now we have to be more clinical’.

“We all said once we get one, we know we can really put pressure on them and that’s what happened. A shame we couldn’t then get the third but overall, when you’re 2-0 down, it was good to get a point out of it.

“I think Ryan’s been great. He’s come in at a really difficult time after that defeat and he’s not had long to implement any style, so it’s all been about motivation and getting some belief back in the boys.

“I’ve known Ryan a long, long time. He’s a great football brain. He sees the game in a really good way, he’s worked under some fantastic managers so far.

“So look, we’re all fully behind him. We really want to work for him and try to finish the season as strong as we can.

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“And he’s a great guy and a great manager. Hopefully we can finish strong and see what happens.”

The Tottenham players reimbursed the away support at Newcastle and while Kane knows it will not make up for the result, he praised their support during Thursday’s draw with United.

“When you travel that far and you’re 5-0 down in 20 minutes, it’s not acceptable on any level,” Kane accepted.

“So, we know it wasn’t going to magically change their feelings or make the result any better but it was still something as a group we wanted to do to try to show we’re all together in this moment.

“And I thought the fans were amazing.”

Kane did not only receive support from the Spurs supporters on Thursday, with the United away following singing they would see him in June amid speculation over his future with just 14 months left on his contract.

But the Tottenham vice-captain insisted: “I heard what they were saying but I’m just focused on this team and trying to finish strongly.”

Tottenham have dismissed Cristian Stellini from his role as acting head coach, replacing the Italian with Ryan Mason in the aftermath of Sunday's humiliating 6-1 defeat to Newcastle United.

Stellini took charge on an interim basis following Antonio Conte's exit last month, but the former assistant has been unable to inspire a turnaround in Spurs' ailing bid to secure Champions League qualification.

Tottenham found themselves 5-0 down within 21 minutes of an extraordinary meeting with top-four rivals Newcastle on Sunday, the second-earliest a side have ever gone five goals down in a Premier League match.

The result represents Spurs' first five-goal Premier League defeat since a 5-0 loss to Liverpool in December 2013, leaving them six points adrift of the third-placed Magpies having played a game more.

With Stellini overseeing just one victory in four games since Conte's exit, chairman Daniel Levy has opted to make his second coaching change in under a month.

In an update posted on the club's website, Levy wrote: "Sunday's performance against Newcastle was wholly unacceptable. It was devastating to see. 

"We can look at many reasons why it happened, and whilst myself, the board, the coaches and players must all take collective responsibility, ultimately the responsibility is mine.

"Cristian will leave his current role along with his coaching staff. Cristian stepped in at a difficult point in our season and I want to thank him for the professional manner in which he and his coaching staff have conducted themselves during such a challenging time. We wish him and his staff well.

"Ryan Mason will take over head coach duties with immediate effect. Ryan knows the club and the players well. We shall update further on his coaching staff in due course.

"I met with the player committee today – the squad is determined to pull together to ensure the strongest possible finish to the season. 

"We are all clear we need to deliver performances which earn your amazing support."

Mason previously led Spurs on an interim basis following Jose Mourinho's exit in 2021, overseeing a 1-0 defeat to Manchester City in the EFL Cup final.

His second stint in charge will begin against Manchester United on Thursday, with the Red Devils entering that game six points clear of Spurs with two games in hand.

Fabio Paratici has resigned from his role as Tottenham's managing director of football after his worldwide ban was upheld.

Former Juventus managing director Paratici was among those suspended from football by the Italian Football Federation (FIGC) in January, following an investigation into the Bianconeri's historic transfer dealings.

FIFA extended Paratici's 30-month suspension worldwide in March, a ruling which led the Italian to step back from his duties with Spurs.

And while Juventus successfully appealed their 15-point deduction in Serie A on Thursday, with the Collegio di Garanzia referring the case back to the FIGC, Paratici failed in an attempt to have his ban overturned.

As a result, Paratici resigned from his role at Tottenham on Friday, with a club statement saying "there continues to be a dispute as to the scope and extent of the ban" but that it "prevents Fabio from fulfilling his duties".

Paratici will now "focus on his legal position in respect of the FIGC and FIFA rulings", it added.

Chairman Daniel Levy said: "This has been a stressful time for Fabio and his family. We wanted to ensure that we allowed for due process to be followed. Fabio is a man who lives and breathes football – we wish him well.

"As outlined in our year-end results, we started several months ago to restructure our football operations and last week announced the appointment of Scott Munn as chief football officer to head up all the departments. 

"We shall continue to strengthen our football functions over the coming months."

Harry Kane can still be a trophy winner with Tottenham and deserves a statue in his honour, according to club chairman Daniel Levy.

Levy addressed the Cambridge Union and told an audience of students Kane should also consider it significant that he has "legend" status already with the north London giants.

The 29-year-old England captain has been linked with a host of bigger clubs, including Bayern Munich, Manchester United and Paris Saint-Germain, and his contract is due to expire at the end of next season.

He has never won a major title with Spurs, although he has become the club's record scorer, overtaking Jimmy Greaves in February of this year.

"He can absolutely win a trophy at Spurs," Levy said of Kane.

"But being a legend is also important. The fact that he's the top scorer for Tottenham Hotspur – he's making history. I hope one day that there is a statue of Harry Kane outside our stadium."

If Kane decides the time has come for him to leave Spurs, then Levy will be the man who either negotiates his sale, or puts his foot down and insists he stays.

The Spurs chief has acquired a fearsome reputation as a hard man to broker deals with, being determined to secure optimum value for any player that sets out to leave.

Yet Levy played that down, saying: "I don't consider myself a special negotiator. I'm just acting in the best interest of my club.

"When it comes to the transfer, it depends on the balance of power. If you have a player you really don't want to sell, then you have every right to say no, you own the registration.

"It depends also on the character of the player, whether you feel at the end you can keep the player. Because we're operating in a team sport, it's very important we keep the team together, so every circumstance is different."

Tottenham have not won the league since 1960-61, last triumphed in the FA Cup in 1990-91, and they have only two EFL Cup victories to show since that latter success, in 1998-99 and 2007-08.

They reached the Champions League final against all expectations in 2018-19 but lost out to Liverpool.

Spurs are unquestionably the great underachievers of English football and Levy said the recent record has not been good enough and that he is "sick" to see title-chasing north London foes Arsenal ahead of them this season.

"If you go back in history, Tottenham was a club that has lots of history because it's won things," Levy said. "In recent times, it's not been where it needs to be. But we're on a journey and we need to get better success on the pitch.

"But we have been in the Champions League a number of times, and we almost got there, winning the ultimate, which would have been winning the Champions League."

Levy added: "When we first came into Tottenham, winning was making sure we stayed in the Premier League. And then, as time goes on and we got more successful, it was about getting into the Europa League, getting into the Champions League and, obviously, the ultimate is to win the trophies.

"That is clearly what we're trying to do. It's easier said than done.

"Am I happy we haven't won more than one trophy in the past 15 years? Absolutely not. But I also think we've had some fantastic times and been in the Champions League a number of times.

"Despite the fact I feel sick there's another club in north London that's a bit higher than us at this moment in time, if I look back over the past five years, we've also been above them, so, it's what happens."

Tottenham chairman Daniel Levy has called on everyone associated with the club to pull together for the remainder of the season after parting ways with head coach Antonio Conte.

Spurs released a statement on Sunday confirming the exit of Conte, whose future had been the subject of intense speculation since hitting out at his players the previous weekend.

Conte called his players "selfish" after squandering a two-goal lead in a 3-3 draw with bottom side Southampton, while questioning the club's lack of success during Levy's time as chairman.

Tottenham exited the FA Cup and Champions League this month, stretching their wait for a trophy into a 16th year, with a top-four finish in the Premier League now their only target.

Conte's assistant Cristian Stellini will oversee Spurs' remaining 10 league games, starting with a trip to Everton on April 3, and Levy is hoping for a strong finish to the campaign.

"We have 10 Premier League games remaining and we have a fight on our hands for a Champions League place," he said in a short statement published on Spurs' official website. 

"We all need to pull together. Everyone has to step up to ensure the highest possible finish for our club and amazing, loyal supporters."

Spurs still have top-four rivals Manchester United, Newcastle United and Liverpool to face in their remaining fixtures.

Fourth-place Tottenham are two points better off than Newcastle and seven in front of Liverpool, but both sides have two games in hand. 

Daniel Levy acknowledges he has made mistakes in the transfer market with Tottenham, but believes the club are still growing financially.

The Premier League outfit saw a 22.7 per cent increase in total revenue for the year ending June 2022, as disclosed in their annual financial results.

That has not assuaged fan concerns over the club's transfer policy however, with Spurs still experiencing a silverware drought despite spending more than £500million since April 2019.

Levy, who has been the target of vocal criticism over the direction Tottenham have gone under his leadership, defended his work this week but acknowledged his gambits had not always paid off.

"Our spend levels show we have invested in the team," he said. "However, we walk a fine line between long-term investment and short-termism.

"This is why our recruitment must be first class as mistakes at this level have a financial and sporting impact for future seasons.

"We have felt, and continue to feel, the financial impact of supporting player purchases which have not worked out as planned.

"We have taken steps to improve this area of operations, and we believe the recent transfer windows reflect this.

"Our aim has always been to combine the financial stability of the club with remaining competitive on the pitch. We have to do what is right for us and sustainable in the long term."

Tottenham have bought several players in recent seasons that have failed to live up to their price tags, including Tanguy Ndombele and Moussa Sissoko.

The former broke the club's spending record in a £55.45 million deal, but is now on loan at Napoli after struggling to impress in north London.