Mate, I earn about median wage and have more money than spurs if the media is to be believed.
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Transfers Summer 2020 Transfer Thread
- Thread starter The Fighting Cock
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Genuinely wouldn’t be surprised if bus conductor said ‘me’So who would you have managing us,bus-conductor ?
I'm genuinely interested.
I assume you see us as a big club.
A club that should be at least challenging for major titles and not some glorified southampton-esque development academy that people likeTotti see us.
So if neither Poch or Jose is the man. Who should Levy be appointing?
he’s already said (being fully serious) that he was a better player than Sissoko when he was younger
Completely deluded
Debt at the end of 2019: 637m
Loan May 2020: 175m
Think that's our problem.
Time to sell Kane maybe? Surely levy must be thinking of selling off big assets to reduce the debt.
If Levy does that we go back 15 years and fans will not return. Won’t pay top prices for rubbish on the pitch struggling. It’s a fickle business and a challenging team means more fans and media coverage and extra £££.
That is true but with the debt, I wonder whether he would be tempted suppose it's not inconceivable this might happen.
I think the next couple of transfer windows will be interesting to see.
I assume you see us as a big club.
A club that should be at least challenging for major titles and not some glorified southampton-esque development academy that people like
Depends how you define big club.
Can a big club go 60 years without a league win and 30 without a major cup win? We've realistically challenged once within those 30 years.
Big stadium, yes.
Great players in the past and present, yes.
Big finances, yes.
But does that constitute a big club? Or does they constitute a very well run club?
We aren't even in the top 5 for biggest clubs in the Premier League. Thats not me putting the club down, that's being realistic.
I do think we are bigger than being a Southampton-esque development academy though. And we probably should be winning a trophy here and there.
Unfortunately its usually the bigger clubs who have that mentality to win.
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The vast majority of that debt is not payable for decades, it’s only the interest we have to concern ourselves with.
Chelsea and city were not bigger clubs than us back in the day, they have gained a winning mentality by having owners who won't accept anything less a trophy every season.
We on the other hand have owners who want us run nicely and self sufficient, but little or no emphasis on winning anything, if we do then it's a bonus but not one to be side tracked from of being the league's best run club which no medals are given out for.
Back in the day.
We have half of our fanbase living in black and white and the other half happy to see the club actually doing better than what was drummed up for decades prior.
Chelsea and City are now both bigger than Tottenham. That's just a fact.
Will we get to their level? Maybe not. But not being a big club doesn't ruin my enjoyment or hinder my support of Spurs any more than someone who supports Tranmere Rovers who are tiny and win fuck all.
Chelsea and City have gained a winning mentality by artificially pumping money into the clubs.
City are to banned for breaking FFP.
Chelsea would have been banned if FFP were in place at the time and currently owe Abramovich £1.75 billion.
That's the only reason they've become "big", so let's not kid ourselves.
If we only have to concern ourselves with the interest, what happens in 15 - 30 years time when the capital has to be repaid ?
Decades before? From memory the 70s yielded us 3 trophies in 4 years, yes after Bill nick left we declined for a season or two then after relegation bounced back.
From there in the 80s again started winning trophies and was getting top four finishes a number of times, we should of won the league in 85 but again blew out when it mattered.
Only the 90s with the sugar years are the worst in living memory, we had an owner obsessed with the best bank account in the country whilst the yes barely got over mid table.
Under Levy's reign we have not been out of the top six in a decade along with a few top four finishes, but have still failed to deliver anything tangible during that time including a CL final no show and Leicester winning the league, I feel we should and could have done better and now we don't have any money you have to smile.
No one is kidding anyone mate, we all know that they have pumped a lot of money in nothing illegal with that look what it's won them.
City won't get harmed that much the sponsors want the biggest clubs with the best players in the competition, anything that happens to them will be superficial just to make it look good.
What do you mean "nothing illegal", City are being banned from Europe for breaking FFP.
Chelsea are fucked if/when Abramovich leaves.
Surely you're not holding them up as a model of how Spurs should be run ?
Could have.
Should have.
Biggest words in football.
We aren't owed anything. If we were big enough, we'd have won a trophy. We'd have competed consistently. But we haven't. And we aren't.
Bad business from the board. Questionable coaching from managers. Underperforming players. A mentality of never getting passed that final hurdle that's been ever present for years.
These are all valid excuses as to why we haven't won a thing.
Unfortunately, it's likely we'll never be a winning team whilst we are as small as we are. And it'll probably take for us to be taken over by a rich Saudi or Qatar family to actually get there consistently.
You either pay it off or you roll it to a later date (issue new bonds).
if the overall is around £700m and the maturity average I believe is around 25 years or something then we need to save around £30m a year if we want to pay it all off roughly and not roll the debt longer.
So how to you pay it off if you've spent all the money in the meantime ?
Just see your edit. Makes sense.
So in effect we have £30m less per year to spend on transfers.
I doubt we’d have spend all the money, we where making big profits prior to the virus and once the virus is over and we have reopened we will be again, the stadium has been designed as a money making machine. It’s a 1-2 year hit for the company.