City take to the streets in bus parade | 01:17
Two London managers will be given nine-figure war chests to operate with in the summer transfer window, as a bidding war between three European heavyweights for a French star looks set to reach a conclusion.
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City crowned Premier League champions | 03:48
$617M LONDON WAR CHESTS SET TO SPARK TRANSFER FRENZY
Tottenham and Chelsea could become the biggest players in the summer transfer window, with Spurs owner Joe Lewis pumping in $AUD264 million into the club as well as incoming Chelsea owner Todd Boehly set to hand Thomas Tuchel $353 million to play with.
The Blues splashed $171 million on Romelu Lukaku last summer with the expectation that the Belgian would help Chelsea close the gap on Manchester City at the top.
Despite a fast start, Lukaku struggled to find the back of the net throughout the season and looked miles off the goal machine he had become for Inter Milan.
Ultimately, Chelsea finished 19 points short of title-winners City.
But Tuchel will now have a monster transfer kitty to work with as Boehly looks to begin his reign as Chelsea owner with plenty of success.
The Telegraph reports that a fair chunk of the transfer money will go towards solving the club’s incoming defensive crisis, as Antonio Rudiger and Andreas Christensen are set to leave on free transfers while skipper Cesar Azpilicueta faces an uncertain future.
The club has drawn up an eight-person shortlist to solve the problems, with Sevilla’s Jules Kounde and RB Leipzig’s Josko Gvardiol, two centre-backs, near the top of it.
Thomas Tuchel will have plenty of funds to spend on bringing in defensive reinforcements. (Photo by Michael Regan/Getty Images)
Source: Getty Images
Chelsea made a move for Kounda last summer, only for Sevilla to change the asking price numerous times as a deal eventually fell through.
Gvardiol, who can also fill in at left-back when needed, is just 20 years of age but has already displayed maturity beyond his years in the Leipzig backline.
As for Spurs, the injection of $264 million is the clear proof of ambition that Antonio Conte wanted to see as the club looks to finally end a trophy drought extending back to the 2007/08 season when they won the League Cup.
The Telegraph reports that Conte wants up to eight new players at the club ahead of next season, which will also include a Champions League campaign after a blistering run of form to end the season.
Positionally, the report claims that Spurs will look at two new wing-backs, a left-sided centre-back, a midfielder and a versatile forward.
On the club’s shortlist is a host of Premier League stars, including Kalvin Phillips, James Ward-Prowse and club hero Christian Eriksen.
The list also contains two star defenders from Serie A: Torino’s Gleison Bremer and Inter Milan’s Alessandro Bastoni.
Conte is currently on holiday in Italy to clear his mind, but with …