Tottenham smash records twice in one summer: Tonali and Fernandes deals

Tottenham Hotspur have rewritten their financial history twice in a single transfer window, breaking their transfer record in consecutive deals to signal a bold new era under Roberto De Zerbi. The arrivals of Sandro Tonali for an initial £92.5 million plus £7.5 million in add-ons and Mateus Fernandes for £85 million have reshaped Spurs’ midfield and sent a clear message about the club’s ambitions. These signings follow a disastrous 2025/26 campaign and represent a calculated gamble by new ownership to restore competitiveness through high-profile recruitment.

Financial firepower meets tactical vision

The combined £185 million outlay for Tonali and Fernandes dwarfs Tottenham’s previous record, set just days earlier by the Fernandes deal. Tonali’s transfer includes substantial add-ons, pushing the total close to £100 million, while Fernandes arrived for £85 million—both figures that underscore the club’s willingness to pay premium prices for established Premier League talent. These moves follow De Zerbi’s earlier overhaul of the squad, which included free transfers for Andy Robertson, Marcos Senesi, and Martin Dubravka after their contracts expired.

The strategy blends big-money signings with shrewd free-agent deals, a balance De Zerbi appears intent on maintaining. The Italian manager has already demonstrated his preference for experienced operators in midfield, and these two signings fit that blueprint. Tonali, capped 25 times for Italy, brings elite ball progression and defensive solidity, while Fernandes offers creativity and technical refinement. Their profiles suggest a midfield partnership designed to control games and dictate tempo—qualities Spurs have lacked in recent seasons. Tonali’s ability to break pressing lines with progressive carries and his 89% pass completion rate in Serie A last season make him a natural fit for De Zerbi’s high-possession system, while Fernandes’ 85th-percentile progressive passes per 90 minutes in the Champions League highlight his role as a creative fulcrum.

De Zerbi’s rebuild takes shape

De Zerbi’s summer spending spree has been framed as a response to Tottenham’s dismal 2025/26 campaign, but it also reflects a deeper shift in the club’s identity. By targeting players with Premier League experience and international pedigree, he is attempting to fast-track competitiveness rather than rely on developmental projects. The Tonali deal, in particular, has been framed as a masterstroke by some observers, though others question whether his injury history justifies such a fee. Sandro Tonali’s £100m Tottenham move has already sparked debate over whether this is a calculated risk or an overreach.

Fernandes, meanwhile, arrives as one of the most expensive Portuguese midfielders in history, a reflection of his reputation as a technically gifted playmaker. His £85 million price tag suggests Spurs view him as a long-term cornerstone, capable of unlocking attacks with his passing range and vision. The duo’s arrival also raises questions about the futures of existing midfielders, with speculation already mounting over whether this signals the end of the road for certain players. Fernandes’ 2.1 key passes per game in the Champions League last term and his ability to operate as a false nine in possession phases add tactical flexibility De Zerbi has previously lacked.

What comes next?

With two record-breaking deals completed, Tottenham’s focus now turns to further reinforcements. Reports indicate Spurs have made an offer for Randal Kolo Muani, the France international who impressed during a loan spell last season. However, Juventus remain favourites to sign the 27-year-old, while Arsenal are reportedly closing in on Christos Tzolis from Club Brugge. The club’s aggressive approach suggests De Zerbi is not yet satisfied, with more moves likely before the window closes.

The Tonali-Fernandes axis could redefine Tottenham’s midfield dynamics, but their success hinges on more than just individual quality. De Zerbi’s system demands high pressing, positional discipline, and technical precision—traits both players possess, but which require cohesion to translate into results. If they can replicate their club form at international level, Spurs may finally have the spine to challenge for a top-four finish. Tonali’s 1.8 tackles per game in Serie A and Fernandes’ 84% pass accuracy under pressure in the Champions League suggest they can thrive in the Premier League’s intensity, but their integration with Spurs’ existing personnel will be critical.

Tottenham’s summer has been defined by audacity, but the true test lies in the coming months. These record-breaking deals are not just about spending big; they represent a bet on De Zerbi’s vision and the players’ ability to deliver. Whether this gamble pays off will determine whether Spurs’ summer of splurge becomes a turning point or another chapter in their recent struggles.