Daniel Levy might finally have got the Tottenham fans on his side. The Spurs chairman has endured something of a love/hate relationship with the supporters during his 23-year tenure at the club.

Levy has often been derided by the fanbase for running the club like a business, always thinking about the financial aspect, rather than ploughing money into the club like many other owners and chairmen to secure success on the pitch.

Tottenham have won just one trophy under Levy’s stewardship – the 2008 League Cup – something that supports the fans’ anger towards him. However, Levy has delivered on a number of crucial matters off the pitch – although some of those things get forgotten with the backdrop of little to no silverware.

Spurs now have one of the best stadiums in world football, a state-of-the-art training ground and have numerous lucrative business tie-ups with the likes of the NFL and Formula 1. Getting Spurs on an even footing financially is secondary to success on the pitch for supporters of course, who just want to see the first team win something. Anything.

Spurs’ time may now come though, with Levy’s prudence with money potentially standing the club in good stead moving forward. The Lilywhites are one of very few clubs to have spent money in this January transfer window, bringing in Radu Dragusin from Genoa and Timo Werner from RB Leipzig on loan with an option to buy.

Many Premier League clubs are currently cutting their cloth accordingly, with the threat of Financial Fair Play and Profit & Sustainability Rules hanging over their heads. Spurs have risen to become the top London club in the Deloitte Money League, overhauling Chelsea and closing the gap on Liverpool in the process.

With the likes of Everton having already been handed a 10-point deduction for breaching PSR and the Toffees and Nottingham Forest also sanctioned for further breaches, Spurs are in a healthy position and under no threat of points deductions or fines at the moment.

That is because they also have the best Profit and Sustainability Regulation position of any club in the Premier League, able to swallow well over £200million worth of losses before finding themselves in the crosshairs of the Premier League. The Premier League’s PSR allows for clubs to lose a maximum of £105million over three years, providing there is a commitment from owners with regards to funding losses.

The current rules, however, are to be discussed at a Premier League shareholder meeting next month, with the potential for them to be replaced in the not-too-distant future with regulation in line with UEFA’s squad cost ratio, where clubs are capped at spending no more than 70% of revenue on transfer fees and wages.

If those rules are not loosened in the coming year or so, Spurs will find themselves in a very strong position indeed, with that ability to lose more than £200million before the Premier League come knocking. No other club will be able to spend that much and get away with it.

Daniel Levy may have been playing the long game all this time. And it could be about to pay off.