Well firstly, i'm not expecting all fans to be happy with it, its a shame to lose Walker and people can ultimately think what they want. Personally i would rather have Toby in the team for the next four years than Walker.
You say why not have both? Well again i say look at the numbers; if you can squeeze any more out of them then you're a better bean counter than Mr Levy.
Financial results, year end 30 June 2016 29 March 2017 - News - tottenhamhotspur.com
Spurs published a EBITDA (Earnings Before Interest, Depreciation and Amortisation) figure of £63m in 2016 Thats money available to reinvest (essentially "profit"). This generated from a revenue of £209m that includes net profit from player transfers, commercial revenue
and TV money.
So £63m to reinvest in the running of the club. Including renewing player contracts and new player / staff acquisitions. Suddenly it doesn't seem like an overflowing cup.
Add to that the continuing cost of constructing the biggest engineering product occurring in Europe at the moment which due to Brexit and other factors has now doubled from the £400m originally quoted to £800m
Tottenham reveal cost of new stadium has risen to £800m due to Brexit
Levy has already stated that he doesn't want the club to be hampered by huge amounts of borrowing to complete the stadium (as Woolwich did) so it's obvious that we will see a direct effect on the way we operate in the transfer window.
There isn't some conspiracy, Levy isnt Mike Ashley or Randy Lerner. Continually asset stripping the club for profit and doing the bare minimum (or failing to!) required to keep the club in the league.
It could be much, much worse.