'Arry appears to be throwing in the towel after being beaten to his primary transfer targets by free-spending Man City...
Spurs have been tentatively linked with a number of players so far this summer and one suspects that notorious wheeler-dealer Redknapp has made dozens of enquiries.
However, the north London club currently appear more keen to get rid of the dead wood, and the boss insists that there will be no significant spending unless he believes that the players coming in are better than the current crop.
"They are working on another level with the wages they can offer," he told The Daily Mail of his transfer rivals, chiefly Manchester City.
"We liked [Gareth] Barry and [Roque] Santa Cruz but, when it came to it, we just weren't at the races.
"I have spoken to the chairman, Daniel Levy; we've decided if we can't get players who will improve the team, then we're not going to bother.
"We've already got a decent squad, many of whom are going to get better. We can push to finish in the top six if we improve our away results."
Pushing hard for Europe from the start would indeed be an improvement, so perhaps Redknapp is wise to be realistic.
Greg Ptolomey, Goal.com