Tottenham fans shouldn’t get too excited about Giovani Lo Celso

Reports from Spain claim that Tottenham are closing in on the signing of Giovani Lo Celso, but it’s unlikely the move will be completed soon.

It’s very possible that Giovani Lo Celso will become Tottenham’s third signing of the summer. That doesn’t mean anything is going to happen imminently. Any firm decision on Lo Celso’s future will likely need to wait until Christian Eriksen‘s status with Spurs is resolved.

According to Stadium Deportivo, negotiations between Tottenham and Real Betis are 80% complete regarding the Argentine attacker. That may well be true, but it’s obvious that the last 20% of the negotiations will be the most arduous portion of the journey.

There’s still disagreement between the two clubs about exactly how much Lo Celso is worth. Betis would like to receive somewhere around £75 million to let their prized asset go, while Spurs would prefer to keep Lo Celso’s price range much closer to £50 million.

Tottenham aren’t exactly flush with transfer cash after spending big on Tanguy Ndombele this week. The French midfielder shattered the club’s previous transfer spend when he committed the next six years of his career to Mauricio Pochettino’s club. The fact that Jack Clarke also was added to the squad means that Daniel Levy will be watching his net spend very closely for the next several weeks.

The idea that Spurs would follow Ndombele’s purchase by spending another massive transfer fee on Lo Celso without selling anyone is pretty far-fetched. The obvious financial makeweight here is Eriksen. Pochettino would love to keep the talented Dane, but it’s clear he wants to take his talents to Real Madrid. If Spurs can extract a healthy transfer fee for his services, they may turn around and spend it on Lo Celso.

Given the fact that no Eriksen deal is imminent, it’s obvious that Tottenham’s negotiations with Betis are going to drag on for at least another few weeks. Ultimately, Spurs fans should enjoy the purchases that occurred earlier this week. Absent a sudden sale of a star or two, it’s very likely the club’s negotiations to buy future players will move at a snail’s pace.