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Management ENIC

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Furball man said:
I fully expect Dragusin agent to pipe up again soon

I wonder what Cup he’ll win when he leaves ?

Arrested Development Crying GIF by HULU
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Vlad Chiriches Mk2.
 
Matt1882 said:
So you want to sell players to plug the financial losses?
Are we about to "do a Leeds" ?
Fans would revolt if we sold players and didn't spend every penny of those fees on the squad.




I'm pretty sure all these finances are just smoke and mirrors. They can use numbers from here there and everywhere to paint whatever picture they want.
I've heard a few people talking about putting stadium depreciation down as a loss.

It's not a used car. Properties are assets and don't depreciate in the same way liabilities, like cars do. Add to that the fact this is a commercial use property, IE, its sole purpose is to make money through use and the money making opportunities are increasing.....
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The stadium is being depreciated on the accounts though. I presume it is all perfectly above board. Yes it isn't actually dropping in market value at anything like the stated rate, so it's a useful way to keep tax liabilities down, I presume.
 
harry7 said:
Last time I checked, Brighton didn't reach a league cup Semi and weren't in the QF's of Europa. Our net spend over the last 5 years on transfers is HALF A BILLION. Brighton is 70m. We've spend almost double what Liverpool have.

Problem we have is that we cannot attract world class players. There are 10 clubs+ that they would prefer to play for; and without Champions League; we are not shopping in the same market as the top clubs - and therefore the fans need to temper their expectations. Spurs are NOT a big club with regards to achievements and reputation. They are a small club, that got lucky that Bale & Kane were world class players.

Smart transfer business means finding more Dele, Eriksen type deals; and investing in the academy to provide a steady flow of quality. Not spending money on players with big reputations or has-beens (.e.g. Felix, Coutinho, Sancho), and certainly not spending huge money on mid level journey men like Richarlison and Solanke.
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oh fuck off you sad little man
 
TonySoprano said:
Utd pay elite wages, as do Chelsea. They’re still struggling relatively. Liverpool have a lower wage to turnover ratio than all the other top clubs, they’re still winning the league.

It’s not that simplistic, pay more wages win more. You need to get the right players and our problem is we’re not very good at doing that. People not acknowledging that and just blindly just wanting us to pay more is a little bit naive.

But I get it wage to turnover is now the buzz phrase. It used to be net spend and eventually it’ll be something else.
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Do you think if we paid more wages we would improve our record of getting the right player?
Do you think there is any correlation between what someone is paid and how good they are?
Say like buy Odbert or Neto /Eze?
 
Bubs said:
Do you think if we paid more wages we would improve our record of getting the right player?
Do you think there is any correlation between what someone is paid and how good they are?
Say like buy Odbert or Neto /Eze?
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I think more likely is we get more underachievers on bigger money. This club isn’t viewed as a serious place to win things. The Academy is pretty much fucking worthless in terms of producing first team players. The coaching and recruitment structure is bush league bullshit. Until we remove Levy and have an re-organised footballing structure it’s all fucked.

But it’s easier to just say spend more on wages and we’ll start winning. That’s a pipe dream. 2 of the biggest earners Son and Werner are regularly 2 of the worst performers. Ndombele was a total disaster, he was on huge money.

There is a lot more to it than increasing the wage bill to turnover ratio. This is being parroted as a simple fix for everything and it’s not.
 
harry7 said:
Hang on; half the people are banging on here that the Europa League is a 2nd rate cup. But our previous win was a major cup?

And winning the league back before colour TV doesn't make Spurs a big club now.

I don't really refer the club as 'WE' since I am not on the staff and not a player. I am NOT part of the club. I am a supporter - so I reserve 'WE' when talking about the fans.
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embarrassing yourself yet again
 
TonySoprano said:
There is a lot more to it than increasing the wage bill to turnover ratio. This is being parroted as a simple fix for everything and it’s not.
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There are two problems with Levy

1. Skinflint Cunt
2. Incompetence

Changing one obviously isn’t a “fix for everything” - It would be great to change both but fixing one certainly wouldn’t hurt - very likely it would help.

But yes ideally an owner/chairman is willing to spend AND is good at transfers - Levy = 0 for 2 so yes ideally he fucks off - out of our club.
 
TonySoprano said:
I think more likely is we get more underachievers on bigger money. This club isn’t viewed as a serious place to win things. The Academy is pretty much fucking worthless in terms of producing first team players. The coaching and recruitment structure is bush league bullshit. Until we remove Levy and have an re-organised footballing structure it’s all fucked.

But it’s easier to just say spend more on wages and we’ll start winning. That’s a pipe dream. 2 of the biggest earners Son and Werner are regularly 2 of the worst performers. Ndombele was a total disaster, he was on huge money.

There is a lot more to it than increasing the wage bill to turnover ratio. This is being parroted as a simple fix for everything and it’s not.
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I don't think that is what is being said at all... I think the argument is that a club our size should not be 20th in this metric... we should be 5th or 6th because that's where our income is. Fully accept that if we were, we might still be shit but at least you're perceived to be trying... every other club is zigging (showing the maximum ambition they can) and we are zagging (showing the minimum ambition we can) - why? Because funds are needed for other projects and non football related stuff. There are 20 business in the Prem League. 19 are primarily run as football clubs, the other one is a portfolio of assets funded by a 140 year old iconic sporting brand.
 
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Silvio Dante said:
The stadium is being depreciated on the accounts though. I presume it is all perfectly above board. Yes it isn't actually dropping in market value at anything like the stated rate, so it's a useful way to keep tax liabilities down, I presume.
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It is standard practice. What if the previous new west stand was not devalued. It would once demolished and no longer in existence have been taken out of 1 year's accounts giving us a massive loss. There is nothing sinister in devaluing your assets.
 
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