Tottenham Hotspur and Swansea City have finalized the transfer deals between each club with Ben Davies and Michel Vorm heading to Spurs, while Gylfi Sigurdsson heads to Swansea.

But in this convenient series of transfer deals, who are the winners and losers? Surprisingly, there are more winners than losers in this deal, which is one of the reasons why the deals between both clubs make so much sense.

Winners

1. Tottenham’s defense

Spurs manager Mauricio Pochettino has signed a brilliant left back in Ben Davies. The Wales international and Swansea star has proven that he’s able to compete at the highest level. He’s strong in defense, which is one of the reasons why Manchester United was tipped to be interested in signing him last season. Plus, when he’s bombing down the left wing, he’s excellent at cutting inside into the box, which causes havoc to opposing defenders. On top of that, he had two league goals to his name last season, so he can score as well as being a provider.

By signing a left back, Tottenham fills a void in the back line so that Jan Vertonghen can focus on playing in his best position, in central defense.

2. Tottenham’s bank account

After the £100million+ expenditure last summer, Tottenham have to watch their wallet this summer while trying to give some of their summer 2013 signings a new chance in the upcoming season.

Now that the deals for Vorm and Davies are finalized, as well as selling Sigurdsson, Tottenham will only end up paying approximately £3million for two players. The reported transfer fee to buy Davies is £10million, but Swansea’s transfer fee to buy Sigurdsson is also £10million, so the fees cancel each other out. Then the reported transfer fee for Vorm is £3million, which is a steal considering that he’s a superb goalkeeper, has proven himself in the Premier League and is a sound backup for Lloris in case the French goalkeeper gets injured.

At the same time, Tottenham is able to offload a footballer in Sigurdsson who is surplus to requirements in an overcrowded midfield. Plus, Tottenham make a £1.2million profit on the player after buying him for £8.8m and selling him for £10m. It’s a win-win-win for Spurs.

3. Swansea City’s attack

For Swansea City’s first time in three season in the Premier League, the club briefly danced with the possibility of being relegated. The pendulum swung in the clubs’s favor after desperate victories away at Newcastle United and home to Aston Villa, but there was no denying that the Swans needed a boost in the goalscoring department, especially midfield. Swansea were far too dependent on Wilfried Bony to rescue them time after time, while midfielders rarely found the net.

Gylfi Sigurdsson is the perfect solution for the Swans, especially after the departure of Michu on loan to Napoli. During the 2012/13 season, Michu was a revelation for Swansea, but during 2013/14, he cut a frustrated figure. His injury problems ruined his season, but even when he was fit, he didn’t fit with Bony, his final touch wasn’t as sharp as it was the previous season and, most importantly, he didn’t appear to enjoy playing for the Swans anymore. He won the hearts and minds of Swansea supporters, but it seemed that his mind was elsewhere.

Sigurdsson, meanwhile, will be a huge impetus to Swansea’s ability to score goals. Michu played mostly in the hole, while Sigurdsson tends to play on the left wing, and cuts inside. And Sigurdsson is versatile enough to play on either flank or in the hole if needed, to link up with Bony.

When Sigurdsson joined Swansea on loan from Hoffenheim in January, the player flourished in a Swansea shirt, scoring 7 goals in 18 league appearances, as well as adding four assists. Plus he was a deadly finisher from free kicks. After agreeing a £6.8m transfer fee with Hoffenheim, all that was left to do was for Sigurdsson to complete his medical and sign the paperwork. But the deal fell through when Liverpool signed Brendan Rodgers. The Liverpool manager tried to bring the Icelandic attacking midfielder to Anfield, but Tottenham secured the signing of Sigurdsson for £8.8million. It was Swansea’s loss, but Tottenham’s gain. But now it’s time to welcome Sigurdsson back to South Wales, where he belongs.

4. Neil Taylor

During the 2011/12 season, Taylor was one of the stars of Swansea’s first season in the Premier League. Unfortunately, his 2012/13 season was cut short on September 1 when he was injured, and was ruled out for the entire season. In stepped Ben Davies. Ever since Davies has played in that same left back position, Taylor has been unable to earn a permanent slot.

Taylor isn’t as good as Davies, but he’s a like-for-like replacement. If Taylor can regain his 2011/12 form, keep his concentration in defense and focus on improving his attacking threat, then he’ll be a sound replacement to put into Davies’ left back position.

5. Swansea’s youth system

Ben Davies is another example of a product of Swansea City’s youth system. The local-born footballer will generate £10million of money for the club, while the previous Swansea youth player sold (Joe Allen to Liverpool) netted the club £15million.

Swansea’s continued success in developing young players gives the club an opportunity to invest the money to buy proven stars. Plus Swansea’s rare position as one of only two Premier League clubs with no debt means that the club isn’t desperate to sell players. The club will only sell when the price is right.

6. Lukasz Fabianski

With Vorm heading to Spurs, this clears the way for Fabianski to earn the number one goalkeeper position at Swansea, with Gerhard Tremmel as backup. Swansea signed Fabianski early enough in the transfer window where they’re not left shorthanded due to Vorm’s departure.

Losers

1. Michel Vorm

While there’s no doubt that Michel Vorm will earn a greater salary at Tottenham Hotspur than Swansea City, the goalkeeper will jeopardize his international career when he moves to White Hart Lane. Reason being is that Hugo Lloris is Tottenham’s number one goalkeeper, and the amount of playing time that Vorm can expect at Spurs will be reduced to Europa League appearances and possibly League Cup or FA Cup games.

At Swansea, Vorm started almost every single match when he was fit. The Swans have signed Łukasz Fabiański, but if Vorm decided to stay at the Liberty Stadium, he would get the nod to start in goal and would continue to get significantly more playing time than he would at Tottenham.

Vorm is the number two goalkeeper on the Netherlands national team. Moving to Tottenham will help earn him better wages, but the lack of playing time will reduce Vorm to an asterisk in Tottenham’s season.

2. Danny Rose

The decision to sign Ben Davies won’t give Danny Rose much confidence. The on-again, off-again left back isn’t the finished package yet. But having Davies start in the left back position will hopefully give Rose the impetus he needs to improve his consistency for the Lilywhites.