You say "the whole saga" as if it's a deal that dragged on throughout the summer, when in reality it was dragged on over a few hours. Therein lies the problem. At the end of the day, a deal worth £22m can not be negotiated in <24 hours for a club with finances are tight as Spurs. Whether this goes down to the Modric sale (which did drag on) or your chairman's brinksmanship, I don't know. But I don't think it's right to fix the blame solely on Porto.
The comments around the deal seem to indicate otherwise, seems we pretty much negotiated the deal twice in 24hours.
People keep ignoring the fact that other clubs (e.g. Zenit) were having conversations with Porto. Porto was never going to sell Moutinho early for 22M if there was a possibility to mug one of the Sugar Daddy clubs for twice the price. To Jimmy's point, they probably had a good idea Hulk was going for stupid money (so they would be ok financially) and were trying to force our hand over the top.