Former Tottenham owner Lord Alan Sugar has put forward a theory on why the current owners did not invest much into the squad in January.

Many Spurs fans had anticipated a big January window, particularly given that ENIC had injected a capital of £100m into Tottenham back in October of last year.

In the lead-up to the transfer window, it was widely reported that the Lewis family is committed to overseeing a new era at Spurs where on-pitch success would be prioritised.

In fact, some sources even claimed that Thomas Frank would be handed a transfer war chest of £150m for January to rebuild the squad.

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However, in the end, Spurs only had a net spend of £12m across the January window, with Conor Gallagher and Souza arriving through the door while Brennan Johnson was moved on.

Many Tottenham fans were left frustrated by the club’s lack of ambition, and Lord Sugar has now suggested that it may be because ENIC has a buyer in mind for the North London club.

The former Spurs owner wrote on X: “Really can’t understand why Joe Lewis, the billionaire, is not throwing money into Tottenham. We hardly dealt in the January window. Maybe he has...