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‘Final and formal steps’ – Fabrizio Romano close to horrid first Here We Go for Tottenham’s January transfer window

Tottenham Hotspur supporters are slowly coming to terms with the idea that the January transfer window could bring more frustration than excitement.

As the festive period fades, the mood around the club feels flat, largely because the most trusted transfer voices are not bringing good news for Spurs. Reports from respected insiders like Fabrizio Romano and David Ornstein have consistently pointed in one direction, and it is not the one fans were hoping for.

Only a short time ago, there was genuine optimism. Supporters believed Tottenham might finally land a statement signing in attack, someone capable of lifting the team during a difficult season.

That hope took a hit when it became clear Antoine Semenyo was leaning towards Manchester City rather than North London. Even then, many Spurs fans allowed themselves to dream that City’s business could create a knock-on effect, opening the door for one of Pep Guardiola’s attacking players to head to N17 instead. Now, even that scenario appears unrealistic.

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As things stand, the first “Here We Go” connected to Tottenham this January looks far more likely to involve an exit than an arrival. In normal circumstances, fans might accept that, especially if it meant moving on players who have failed to convince.

Names like Yves Bissouma, Radu Dragusin, or Manor Solomon have all been mentioned as possible departures, and few would lose sleep over seeing one of them leave if it helped refresh the squad.

The real concern, however, is that Tottenham may be about to lose someone far more important than a squad player. All signs point towards Fabio Paratici preparing to walk away, and that has sent a wave of anxiety through the fanbase.

Paratici is widely viewed as one of the sharpest minds in football operations and, for many supporters, the closest thing Tottenham have had to stability behind the scenes in years.

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According to Fabrizio Romano, Fiorentina are now simply waiting for the “final and formal steps” to be completed before appointing Paratici as their new Director of Football.

The process appears to be almost done. Once Paratici and Tottenham formally agree to part ways, the move is expected to be completed at the start of 2026, which is only days away.

For Spurs fans, this feels like a painful blow. Losing Paratici does not just weaken the club’s structure, it raises uncomfortable questions about the direction Tottenham are heading in. The fact that Paratici is reportedly ready to return to Serie A to take charge of a struggling Fiorentina side speaks volumes.

This is a club currently near the bottom of the table and offering little on the European stage, yet it still seems a more attractive project than staying at Tottenham.

That reality is hard to ignore. Supporters are beginning to wonder whether Paratici sees deeper issues at Spurs that go beyond results on the pitch. Some fear he may believe that working alongside the current setup, including Thomas Frank and Johan Lange, could damage his reputation rather than enhance it. Whether that is true or not, the perception alone is troubling.

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Tottenham fans are already used to instability, but this feels different. Losing a respected executive at such a sensitive time, especially with a transfer window opening and key decisions needed, risks creating even more confusion. It adds to the sense that the club lacks a clear identity and long-term plan.

If Fabrizio Romano does deliver that dreaded “Here We Go” confirming Paratici’s exit, it may well be the most damaging piece of Tottenham news this January.

More than any missed signing, it would underline a deeper problem at the heart of the club, one that no transfer window can easily fix.

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