No, this is just a narrative people who are outside of the loop have decided themselves and run with it. Conte has said he understands Spurs situation and is happy with the challenge, has denied he is a short term manager, keeps talking about the long term with Spurs and has denied that he is a chequebook manager.
People have just decided that for Conte to have agreed to come we must have a bucketload at our disposal ready to spend. This is not going to be the case. However, we have likely got a decent amount to spend but do also need to make some sales and a DoF who has great contacts and appears to look to be very creative in the transfer market, so more importantly we are likely to spend better. But even then it is unlikely we are going to do a load of deals in this window. Our real business will be done in the summer, and the way some are going on about this transfer window they are just setting themselves up for a fall and will likely be disappointed…..