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The phrase "spend of" is not correct and usable in written English.
It seems to be an incomplete or incorrect expression, and it does not convey a clear meaning in standard English. Example: "The spend of resources was excessive." (This would be incorrect; it should be "The spending of resources was excessive.")
Exact(60)
The average spend of British buyers is £1.5m".
This compares to an average cash customer spend of £210.
There's a minimum spend of £40 to qualify.
That's more than the total 2015 spend of £7.75bn.
Eventually, the drinkathon reached the minimum spend of £7,000.
There was a net transfer spend of £58m, taking total losses to almost £100m.
They have spent £92m on transfers, at a net spend of just over £3.6m.
Orders under £40 are charged at £6.95, but a minimum spend of £25 still applies.
"We have a fraction of the spend of the BBC in our drama and comedy.
Passengers wishing to pay by card had a minimum spend of £6.
In 2007, there were record revenues approaching £1bn and a record programme spend of £620m.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com