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If Bale goes for £100m, how will Tottenham spend it?

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Real Madrid president Florentino Perez says the Spanish club wouldn’t have a problem paying £100 million for Gareth Bale because they view him as an investment over anything else.

That would be a new world record fee for any player in the history of football and a huge amount of cash which Spurs would benefit from, enjoy and be able to re-invest in the club.

It leads to the question of who exactly would be responsible for the spending of that money; Andre Villas-Boas, Daniel Levy or a Damien Comolli type figure.

“Regarding the figures spoken about Bale, players are neither cheap nor expensive, but an investment. Most expensive players are those that can be classified as an investment because, if they are very good, they produce a return,” Perez told Punto Pelota.

The manager is the man who will create the list of players he wants, which he takes to the chairman to see if the club can afford a deal before it’s commissioned and the ball gets rolling.

That’s the reason there have been so many links to various Porto players, because they have that direct connection with the manager.

The chairman Daniel Levy is more responsible for the business side of the club as opposed to actually spending the money intentionally on players that he feels would benefit the club.

Daniel Levy

He’s arguably the best in the Premier League at what he does because he does the basics well and sticks up for the club.

Two contrasting examples are how stubborn he remained over Luka Modric, making Real Madrid pay the club’s asking fee of £33 million for the Croatian when Real Madrid started paying hard ball with a £30 million fee.

He’s also superb when it comes to the opposite and trying to drive the price down for players the manager wants. Lewis Holtby arrived early from FC Schalke for £1.5 million which is now considered a bargain.

He effectively guarantees that Tottenham will get every penny of that £100 million, which gives the club and the manager a stable platform to go out and find the players where that cash can be spent.

There is also good value in Tottenham using the cash through a Director of Football type individual.

There have been recent indications they are thinking of going down that route again with Franco Baldini being linked with a technical director’s role at White Hart Lane.

The benefit of having someone like that at the club is that they can find young and extremely talented players who Tottenham could invest in and sign before they turn into more expensive players.

Damien Comolli did a superb job during his time at Tottenham recruiting the likes of Bale, Kevin-Prince Boateng, Gio dos Santos and Younes Kaboul.

Those individuals are also very important in working alongside the manager and chairman for slightly older and higher profile players as Comolli did with Luka Modric and Dimitar Berbatov.

So in terms of who will spend the Bale money at Tottenham. It’s going to be a combination of all three.

The roles are relatively clear; the manager finds the players he wants, the chairman tells him whether the club can afford them and the director looks for alternative options on a constant basis.

For more football transfers, see the full list of Premier League transfers and La Liga transfers.

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