Tottenham's talks over hiring Antonio Conte collapsed because chairman Daniel Levy rejected his 'unrealistic' and 'potentially damaging' financial demands.
Negotiations over bringing the former Inter, Juventus and Chelsea boss to White Hart Lane had intensified over the last week, but ran into issues over Conte's concerns about Tottenham's ambitions.
Levy then pulled out of talks after Conte demanded - on top of a £15million-a-year salary - a staggering £100m transfer budget, according to The Sun.
Conte, 51, wanted assurances Tottenham are serious about eventually challenging for major silverware, which for him would involve spending big.