​Tottenham Hotspur became the first team in Premier League history not to make a single purchase over the course of the summer transfer window and boss Mauricio Pochettino, has identified Brexit and the cost of Tottenham’s new stadium behind their misfortunes. 

At the end of last season, the Argentine had urged the club to be more adventurous in the transfer market. However, with the pound hitting a nine-month low against the Euro, Spurs just couldn't compete against the heavyweights in an inflated market. 

While Pochettino is not thrilled about the situation, he could not help but admire the work Spurs have done. 

"What the club is doing is showing that it is so brave because building a new training ground, finishing the (player) lodge this summer is a massive investment. Building a stadium that costs nearly £1bn – that’s is the truth, don’t believe when they say £400million. Then with Brexit it’s worse because the cost is 30 per cent more. That is a drama, I feel sorry for the English people," Pochettino said, as quoted by Independent

"Then to keep the best players is to be brave. In the mind of everyone maybe they say ‘Tottenham didn’t sign (players)’, but it’s better the keep your best players."

Despite failing to lure in new players, Pochettino has successfully managed to persuade Harry Kane, Davinson Sanchez, Son Heung-Min, Erik Lamela, Harry Winks to sign long-term contracts. Tottenham play their Premier League opener against Newcastle United, tomorrow at home.