Player development and scouting is where a team like Spurs need to look too improve. Look at Leicester, they buy good players for £20-£40m and make them very good players. If Spurs spending all the Kane money on Sancho, that leaves us where we have been the last 5 years. A World Class player surrounded by average players.
What you're saying makes sense if Levy would spend to build around Sancho in the next few years. But he won't. He will spend the Kane money then spend £60m-ish the next few windows while selling a player here and there.
Losing Kane won't kill Spurs. Messing up the next manager hire will. That's the most important part of this summer.

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