Antonio Conte learns Tottenham transfer budget off Daniel Levy ahead of January window

Nuno sacked by Tottenham after fifth Premier League defeat of the season

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Antonio Conte is set to receive significant backing from Tottenham Hotspur after replacing Nuno Espirito Santo as head coach. On Monday, Fabio Paratici relieved Nuno and his backroom staff of their duties and moved quickly to secure his successor.

Despite Tottenham’s poor start to the season, Paratici stated his regret to dismiss Nuno in a brief statement.

It read: “I know how much Nuno and his coaching staff wanted to succeed, and I regret that we have had to take this decision.

“Nuno is a true gentleman and will always be welcome here. We should like to thank him and his coaching staff and wish them well for the future.”

But he will be excited to work with Conte, a top target to replace Jose Mourinho in the summer before talks fell through.

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Spurs will have likely given the Italian boss assurances upon taking on such a challenge.

And The Sun report one of those is a mouth-watering £150million transfer budget to transform his new squad.

Conte has signed an 18-month contract worth £15m and will have the funds available to spearhead a rise in north London.

The 52-year-old flew into the capital hours after Nuno’s departure and now Paratici and Daniel Levy finally have their man.

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Conte was in talks with Spurs after leaving Inter Milan earlier this year but held concerns over the club’s ambition and snubbed a switch.

But Levy and co. have demonstrated just how ambitious they are by handing him a blockbuster deal worth £290,000 a week and a sizeable transfer kitty.

Nuno’s appointment was a disaster from start to finish, culminating in being booed off after Saturday’s 3-0 home defeat to Manchester United.

With the Portuguese native lasting just 124 days at the helm, he is the shortest-serving Spurs manager in the Premier League era.

Spurs may have acted fast amid Conte’s links with the United job, as Ole Gunnar Solskjaer remains under severe pressure.

His emphatic triumph over Nuno at the weekend has bought him more time, but the jury are still out ahead of tests against Atalanta and Manchester City this week.

With Conte now off the table, the Red Devils could hesitate to sack Solskjaer while realistic options are scarce.

But he poses as a major coup for Spurs, who will be confident he can guide them back among Europe’s elite.

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