Tottenham manager Harry Redknapp has warned his squad needs significant strengthening if they are going to push the Barclays Premier League's leading sides.
Spurs held their AGM on Monday where images were released of the club's proposed new stadium. But the meeting also served as an opportunity for manager Redknapp, who took over from Juande Ramos earlier this season, to urge the White Hart Lane board to provide him with money to spend.
"It depends where you want to finish. If you are talking about getting into the top five or the top four, the squad is well, well short of that," he said in the London Evening Standard.
"There is a lot of work to be done to become a top team. I cannot tell lies. The squad is still well short of challenging for a place in the top four," he added.
"We are not as good as Aston Villa or one or two other teams, so there is a lot of work to be done to get where we should be."
Chairman Daniel Levy suggested rebuilding will be done next summer, saying: "We do not envisage any major transactions in the January transfer window.
"Our challenge is to realise the full potential of our current squad and that's something Harry and his current squad have already started to deliver."
Levy also took the opportunity to unveil images of the club's planned 60,000-capacity arena which has been designed by leading firm KSS.
He said: "The brief I gave the architects was to design an iconic stadium that would be one of the best in Europe.
"My over-riding priority is to re-create the terrific atmosphere we have at the current stadium, within a world-class stadium that offers state-of-the-art facilities."