Antonio Conte will be backed by Spurs in the transfer market.
Conte had previously snubbed the offer to join the North Londoners in the summer transfer window after finding their project not ambitious enough.
The Italian gaffer also left Inter Milan in the summer for the same reason after he was told by the Nerazzurri that he wouldn’t be allowed to spend much in the transfer market.
According to a report from The Sun, Spurs chairman Daniel Levy is willing to hand the former Chelsea gaffer a budget of 150m pounds to spend in the transfer market.
Spurs sporting Fabio Paratici appears to have played a key role in convincing Conte to move to North London.
Spurs have handed Conte a two-and-a-half-year contract with a lucrative salary of 15m pounds per year.
Rio Ferdinand speaks about Conte
Former Manchester United defender Rio Ferdinand has weighed in on the prospect of Conte taking over at Spurs, stating that the Italian manager is the ideal choice to steady the ship.
Ferdinand said (h/t The Daily Mail): “Since the Champions League final when they played Liverpool, this team hasn’t had any consistency and confidence, they’ve gone backwards massively – they’re worse off confidence and belief-wise then they were then.
“You look at it and if you ask is there anyone in world football who can come in and change the fortunes of this team Conte would have been very high up on my list.
“He’s a disciplinarian, he doesn’t mess about, he rules with an iron fist and he gets people working. And I think this is what this Spurs squad need.
“There are a lot of players who think they are better than they are – and they definitely think they’re better than they are actually performing. They need something like this, they need a rocket. He’s got a proven track record he goes into clubs and changes things and gets things going.”