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Transfers January Transfer Thread 24/25

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Exactly! Far from bankrupting us, we could spend another 39m a year more on wages, which would give us a wage to revenue ratio of 50%. That would be enough for 3x 250k/week players or 5x 150k/week players and we'd STILL have the lowest ratio of any of our rivals.

"Going in order of the revenues with which Deloitte ranked the nine British clubs in the world’s top 20, Manchester City spent 57 per cent of their £706.8m turnover on wages (£403.4m), and they might be seen as our standard bearer, pending the outcome of deeper enquiries.

Next up is Manchester United, who operated at 56 per cent (£364m on wages), pursued by Woolwich at 53 per cent (£320m) and Liverpool at 63 per cent (£380m). Then it was Spurs, followed by Chelsea (72 per cent, £331.7m), Newcastle (68 per cent, £213m), West Ham (58 per cent, £157m), and Aston Villa (96 per cent, £251m")."

Management - Levy / ENIC from a daily mail article.

We're at 42%. We could still comfortably be the most profitable team in the league and have a chance of competing. Wtf is stopping them? I seriously do not understand it. Surely it just makes sound business sense to spend just a little more, still spend FAR less than any rival and potentially earn loads more from CL and trophy winnings. I don't understand it. The only explanation is they're fine with staying in the PL and earning money from hosting rolling stones gigs and etc.

Totally agree and have posted several times about this in this thread. The only reason for this approach is to pay off debts as quickly as possible to make the club more valuable. We mustn't forget that in the last set of accounts the club reported that, despite profits from operations of ~£130M, overall we made a loss of ~£86M. We also have the largest debt of all PL clubs at ~£680M. (Chelsea had £1.3B of debt but Abramovich effectively waived it).
 
5 days to go!

This Is Fine GIF
 
Almost at the end of January and still, no sign of additional signings i find it staggering the negligence.
The team will probably win today, that will provide the club with an excuse not to buy.

I reckon the club think that the league season is already a write off, but that we won't get relegated, with the EL being the main target due to CL qualification. I think Levy feel that the injury crisis is now almost over with Davies, Romero, Van de Ven, Richarlison, Bissouma, and Moore all either playing again or a matter of days away. And that the CBs returning means Gray can now provide extra cover (along with Spence) for Porro and Udogie. Kinsky and Austin give us better coverage at GK than we had previously with Forster.

Importantly, I do not think they ever considered actually improving the first XI in this window, with business preferred in the summer when fees are lower and free transfers available, which really sums the club's ambition up.
 
I reckon the club think that the league season is already a write off, but that we won't get relegated, with the EL being the main target due to CL qualification. I think Levy feel that the injury crisis is now almost over with Davies, Romero, Van de Ven, Richarlison, Bissouma, and Moore all either playing again or a matter of days away. And that the CBs returning means Gray can now provide extra cover (along with Spence) for Porro and Udogie. Kinsky and Austin give us better coverage at GK than we had previously with Forster.

Importantly, I do not think they ever considered actually improving the first XI in this window, with business preferred in the summer when fees are lower and free transfers available, which really sums the club's ambition up.
Agree with all of this, no intentions of strengthening the squad at all.
 
I reckon the club think that the league season is already a write off, but that we won't get relegated, with the EL being the main target due to CL qualification. I think Levy feel that the injury crisis is now almost over with Davies, Romero, Van de Ven, Richarlison, Bissouma, and Moore all either playing again or a matter of days away. And that the CBs returning means Gray can now provide extra cover (along with Spence) for Porro and Udogie. Kinsky and Austin give us better coverage at GK than we had previously with Forster.

Importantly, I do not think they ever considered actually improving the first XI in this window, with business preferred in the summer when fees are lower and free transfers available, which really sums the club's ambition up.
Good point. That probably is the justification within the board. They can't save the league season so the message to Ange will be to save his best team for the cups
 
I'm not saying we can immediately sign 5 players on 150k/week, it's just an example that makes the irksome phrase "Tottenham can't sign X because they don't fit within the clubs wage limits" we hear every transfer window bullshit. They're self imposed limits, probably because they're looking to sell and for investment.

We definitely have enough revenue to sign more players though:

"Spurs’ revenue last term was £550m, giving them a PSR budget of £467.5m.

For context, Spurs their expense last season (wages and amortisation) were £282m. This would give them more wriggle room than almost any other club in the new PSR era.

Whether the owners – and perhaps new minority investors – are willing and able to bankroll greater expenditure is a separate issue."

Appreciate this.

Looks to me that what we need (and what every other club will also have to do if they aren’t already) are owners who are willing to lose money every season.

This isn’t going to stop. There’s always going to be a player we need. A squad place to fill. And those players are going to get more and more expensive.
 
I guess this end speculations about Piero Hincapié joining Spurs.
But, as he can play LB, LCB, DMF it's like 3 in 1, so each one is £20m :cool:


Tottenham will need £58.9m to beat Chelsea to Bundesliga star​


Aidan Scott
Sat 25 January 2025 20:00, UK
Tottenham are long-term admirers of Bayer Leverkusen’s Piero Hincapie, however, Spurs would need to bid a near record-breaking amount to seal the signature of the Ecuadorian defender.

Bayer Leverkusen value Piero Hincapie at €70m​

The latest edition of SportBild has indicated that Bayer Leverkusen expect to earn €70m (£58.9m) from any sale of Piero Hincapie, affectionately nicknamed ‘El Kaiser’ in Ecuador, in reference to the late Franz Beckenbauer.

Tottenham are joined by Chelsea and Napoli in admiring the defender. Atletico Madrid also made attempts to bring Hincapie to the Spanish capital in 2021 before he eventually joined Leverkusen.

However, after signing a new deal back in December, Hincapie is in no rush to leave the Bundesliga champions. After signing his contract, Hincapie described Bayer Leverkusen as like ‘a family’ having spent 3 and a half years at the club.

1. They would deal for €50m imo
2. That would be worth the money for us. Hincapie solves the Udogie and VDV rotations with one player.
3. The squad is like a family at Spurs too. Offer him €150k pw and he will be happy to find a new family.
 
Appreciate this.

Looks to me that what we need (and what every other club will also have to do if they aren’t already) are owners who are willing to lose money every season.

This isn’t going to stop. There’s always going to be a player we need. A squad place to fill. And those players are going to get more and more expensive.

I thought the argument was just to allocate a higher proportion of our revenue towards players like serious football clubs?
 
I thought the argument was just to allocate a higher proportion of our revenue towards players like serious football clubs?
By allocating a higher proportion of our revenue to anything, we’d lose more money than we presently do. So we’d need money to be put into the club, eventually.

We’ve lost money for four years in a row, totalling over £300m.

Yes, we’ve got room to allocate more money, but it has to come from somewhere. I’m not really confident in it coming from our present owners.
 
Some of the excuses on here trying to justify the lack of incomings is hilarious
There’s only a few of our squad I’d not throw in the sea right now, so I’m sure you can tell i feel there’s improvement in the market. But, the main “excuse” seems to be the lack of movement we can make in our registered squads for the EPL and EL. That’s not exactly an excuse. It’s a fact.

No money? Bullshit.
Nobody moves in January? Bullshit.
Nobody else buying? Bullshit.

But the squad thing makes sense.
 
Don’t forget that we are also receiving payments from clubs for players we’ve sold

Truth is it’s a self imposed wage structure that is well within our finances & we have lots of leg room in ffp . It’s a decision made by the board & even while we are looking over our shoulders because of our league position , they don’t seem to fussed
Agree but we haven’t sold anywhere near what we’ve spent over the last five years.

Completely agree on the self imposed strategy - but there’s another fault and that’s the self maintaining approach. We are desperate for 500M one time transformation on players to build - why are they failing to bring in the investment? Any big business invests or dies
 
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