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Management ENIC

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ENIC In or ENIC Out


  • Total voters
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All poor odds.
Can get better odds at any UK bookmaker for all those sides.

We are 5/1 (+500 in your currency) 8th favourites for Top 4.

Liverpool City Woolwich and Chelsea all odds on, Newcastle 19/10 (+190). Villa and Man Utd 9/2 (+450)
Good to know I’m getting screwed by my bookie, cheers.

The point remains, Villa and Newcastle have better teams than us as things stand.

Ambitious, deep pocketed projects will just keep coming.
 
No, I hate that picture! I find that picture viscerally upsetting!

And I think we both know that if our wage bill MORE THAN DOUBLED we would not be in remotely the same position.

But forget Villa's numbers, let's say West Ham's. What West Ham's owners can say to their fans is "we are in line with the industry standard of ambition and investment of the club's resources on the pitch".

ENIC cannot say that. We are dead last in this measurement every year, and will be even further off the pace when the next figures are released.

Would I be HAPPY if Levy met industry standards and we didn't win? Of course not. Was Bilbao one of the great sporting joys of my lifetime regardless of an under-invested team? Of course! The game is about glory, in both directions.

But if Spurs were operating in line with industry standards I would not feel that we the supporters are being ripped off. And that's a very tiresome and corrosive thing, something that stirs the soul into thousands of pages of internet blather on the subject.
Were you happier 16 months ago when the wage:revenue ratio was higher because we had Ndombele, Dier, Royal, Sessegnon, and constantly injured Perisic clogging up the wage bill?

I get that we need to spend more on players, but those that are leading the wage:revenue militia are the same ones that crowed for years about clearing out the deadwood.

Part of that was a natural wage reduction. It'd be silly to clear out the deadwood and then ramp up spending just to get to a 60% ratio and leave ourselves with little room to maneuver when VDV, Bergvall, etc. need new deals to see off foreign interests.

We're in the 2014-15 phase with this squad. Young, talented, incomplete. Need some additions, yes, but also need the room in the wage budget to keep increasing salaries (as we did with Kane, Son, Lloris, etc.) so we hold on to our best as they (hopefully) continue to improve.
 
I don't think anyone can seriously dispute this while keeping a straight face can they?

Can they??

The league table don't lie.... Well, even with the Ange factor, it don't lie by 30 fucking points, lol
Chill out

Daniel wants to win the PL and CL you can’t do that with a poor under strength squad . To try and win these trophies without several high quality signings and a recalibration of our wage structure would be very disingenuous.

We have 25 years of data to look at regarding ambition and it all points to , oh shit , as you were
 
Were you happier 16 months ago when the wage:revenue ratio was higher because we had Ndombele, Dier, Royal, Sessegnon, and constantly injured Perisic clogging up the wage bill?

I get that we need to spend more on players, but those that are leading the wage:revenue militia are the same ones that crowed for years about clearing out the deadwood.

Part of that was a natural wage reduction. It'd be silly to clear out the deadwood and then ramp up spending just to get to a 60% ratio and leave ourselves with little room to maneuver when VDV, Bergvall, etc. need new deals to see off foreign interests.

We're in the 2014-15 phase with this squad. Young, talented, incomplete. Need some additions, yes, but also need the room in the wage budget to keep increasing salaries (as we did with Kane, Son, Lloris, etc.) so we hold on to our best as they (hopefully) continue to improve.

Also the players need to play well and improve to get their wages increased, no-one has really deserved a salary bump over the past 18 months or so because the vast majority of then have been poor.

I think that they will most likely get significant raises this season going forward though providing the players improve, similar to when we had all those pay hikes under Poch.

If Romero signs his new deal he will be the start and the rest will follow.
 
Also the players need to play well and improve to get their wages increased, no-one has really deserved a salary bump over the past 18 months or so because the vast majority of then have been poor.

I think that they will most likely get significant raises this season going forward though providing the players improve, similar to when we had all those pay hikes under Poch.

If Romero signs his new deal he will be the start and the rest will follow.
I think Bergvall deserved his pay increase/new contract , He's been brilliant
 
You love that picture don't you.

Tell me, why would you be happier being in the exact same position but with Aston Villa's numbers?

We could be sat spending 20% more and still be fine. That’s 4 or 5 players on £200k a week, which would bring in nearly enough higher level players to make us a better team. It doesn’t have to be one extreme or the other. People just want us to up our a bit budget more, which would help us achieve greater things. Honestly it isn’t much to ask to make us more competitive. Nobody is asking for the owners to risk the future of the club, just to risk a bit more in the name of ambition.

Player wages are absolutely ridiculous but that’s the game unfortunately. You have to pay them.
 
It's all just the fans, man. We are bottomless pits of revenue. Levy and Lewis knew this, that's why they bought us! They saw the tide rising!

Its why any and every chairman buys any club. Levy and Lewis aren't alone in this - their issue is that they don't invest as aggressively in the playing team as SOME other clubs do - not a single owner of a club has bought said club for any other reason than to cash in - on the fans and brand.
 
We could be sat spending 20% more and still be fine.

Based on what though? Wages to Revenue doesn't mean there is money available. Revenue is subject to expenditure. That's the entire rebuttal of the thing.

"Revenue is the total income generated from sales, while profit is what remains after all expenses are deducted from the revenue"

How can we spend 20% more if we don't have that available? "4 or 5 players on £200k a week" is around £40m to £50m per year. We already had an overall loss of £83m in 2023 and £26.2m in 2024.

Bear in mind that the club, as an entity, is already in net debt to the tune of over £770m, so it isn't as simple as just "spend more money" because that has consequences on credit facilities that service that debt.
 
Based on what though? Wages to Revenue doesn't mean there is money available. Revenue is subject to expenditure. That's the entire rebuttal of the thing.

"Revenue is the total income generated from sales, while profit is what remains after all expenses are deducted from the revenue"

How can we spend 20% more if we don't have that available? "4 or 5 players on £200k a week" is around £40m to £50m per year. We already had an overall loss of £83m in 2023 and £26.2m in 2024.

Bear in mind that the club, as an entity, is already in net debt to the tune of over £770m, so it isn't as simple as just "spend more money" because that has consequences on credit facilities that service that debt.
We’re only losing money every year because we’re overspending on average players for the last 6 years. If we actually raised the wage cap and spent less but brought in a few players with quality on higher wages we’d probably have been in a much better financial position,
 
We could be sat spending 20% more and still be fine. That’s 4 or 5 players on £200k a week, which would bring in nearly enough higher level players to make us a better team. It doesn’t have to be one extreme or the other. People just want us to up our a bit budget more, which would help us achieve greater things. Honestly it isn’t much to ask to make us more competitive. Nobody is asking for the owners to risk the future of the club, just to risk a bit more in the name of ambition.

Player wages are absolutely ridiculous but that’s the game unfortunately. You have to pay them.
Great post 👏

These fanatics that desperately try to defend the indefensible regarding our turnover to wages disparity with everyone else.
I'd be interested to see how low we would need to drop before they said

.... "hang on. Something isn't right here"

35% maybe? 30%?

I actually get the feeling there would never be a tipping point for them because they have a mission to always defend the owners with their lives despite all of the glaring evidence that's laid before them.
 
We’re only losing money every year because we’re overspending on average players for the last 6 years. If we actually raised the wage cap and spent less but brought in a few players with quality on higher wages we’d probably have been in a much better financial position,
You make it sound trivial. How's that plan worked for Man Utd?

Where are these players that cost less in transfer fees, and are a guaranteed hit?
 
Based on what though? Wages to Revenue doesn't mean there is money available. Revenue is subject to expenditure. That's the entire rebuttal of the thing.

"Revenue is the total income generated from sales, while profit is what remains after all expenses are deducted from the revenue"

How can we spend 20% more if we don't have that available? "4 or 5 players on £200k a week" is around £40m to £50m per year. We already had an overall loss of £83m in 2023 and £26.2m in 2024.

Bear in mind that the club, as an entity, is already in net debt to the tune of over £770m, so it isn't as simple as just "spend more money" because that has consequences on credit facilities that service that debt.
Plus, 4 or 5 players on £200k per week, assuming we aren’t just talking about giving arbitrary pay rises to our present squad, we’d have to buy those players. Might get one on a free? But even if we did, we’re looking at £200m - £300m in fees for the others. Not loose change.
 
Plus, 4 or 5 players on £200k per week, assuming we aren’t just talking about giving arbitrary pay rises to our present squad, we’d have to buy those players. Might get one on a free? But even if we did, we’re looking at £200m - £300m in fees for the others. Not loose change.

And if they don't work out, you've got a Sanchez/Ozil/Cristiano type situation where a player is earning £300k+ and stinking up the place.

We already have people saying we "overpay" for "average" players, which is very much something that is in the rear view mirror.

One season's "we underpay Son" is another season's "can't believe our highest earner is still here when he's not good enough any more"
 
We’re only losing money every year because we’re overspending on average players for the last 6 years. If we actually raised the wage cap and spent less but brought in a few players with quality on higher wages we’d probably have been in a much better financial position,

Not really sure this is true, our environment hasn't been stable enough for many players to succeed here, we have been largely poor because of the manager turnover and the lack of coaching and thus player improvement as opposed to putting everything down to our the players that's we've purchased.

The chances are that had we done what you suggest and spend more money on better players with higher wages then the chances are they'd turn out similar if not barely an improvement on what we are seeing now ala Ndombele and Lo Celso.

Also you need to look at Man Utd to see an extreme example of that being ths case, their environment has been pretty toxic and like us they've chopped and changed strategies and managers over the years and have gone backwards since SAF left.
 
Great post 👏

These fanatics that desperately try to defend the indefensible regarding our turnover to wages disparity with everyone else.
I'd be interested to see how low we would need to drop before they said

.... "hang on. Something isn't right here"

35% maybe? 30%?

I actually get the feeling there would never be a tipping point for them because they have a mission to always defend the owners with their lives despite all of the glaring evidence that's laid before them.
"These fanatics" - the irony and lack of self-awareness is just astonishing. Pretty much every other person who has posted in the last 10 pages - on both sides of the debate - also regularly post about other topics, such as tactics, players, performances, referreeing decisions, etc. As far as I'm aware, you are the only one who posts only about ENIC / Levy. That is what a fanatic is.

"...despite all of the glaring evidence that's laid before them" - pretty much everyone else on this thread tries to understand and contextualise data, rather than just blindly selecting the bits that suit their agenda. Even those who don't are prepared to discuss. Other posters have back and forth conversations about the detail, the context, the naunces - you are pretty much the only one who doesn't. You "ignore the glaring evidence laid out before you" far, far more than anyone else on this entire forum (though I expect Harry7 could give you a run for your money at the other end of the 'support spectrum'... 😂 ).

RE: "Tipping point" - I am confident that whatever the owners did, you would still want the club to fail so that you can delight in the failures of the owners, given that you hate the owners more than you love Spurs, and you have demonstrated this numerous times. So it is you rather than anyone else who has no 'tipping point', and the evidence overwhelmingly backs that up - whereas it can easily be shown that others in this debate see both good and bad points about the owners, for you whatever they do can never be good enough.
 
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"These fanatics" - the irony and lack of self-awareness is just astonishing. Pretty much every other person who has posted in the last 10 pages - on both sides of the debate - also regularly post about other topics, such as tactics, players, performances, referreeing decisions, etc. As far as I'm aware, you are the only one who posts only about ENIC / Levy. That is what a fanatic is.

"...despite all of the glaring evidence that's laid before them" - pretty much everyone else on this thread tries to understand and contextualise data, rather than just blindly selecting the bits that suit their agenda. Even those who don't are prepared to discuss. Other posters have back and forth conversations about the detail, the context, the naunces - you are pretty much the only one who doesn't. You "ignore the glaring evidence laid out before you" far, far more than anyone else on this entire forum (though I expect Harry7 could give you a run for your money at the other end of the 'support spectrum'... 😂 ).

RE: "Tipping point" - I am confident that whatever the owners did, you would still want the club to fail so that you can delight in the failures of the owners, given that you hate the owners more than you love Spurs, and you have demonstrated this numerous times. So it is you rather than anyone else who has no 'tipping point', and the evidence overwhelmingly backs that up - whereas it can easily be shown that others in this debate see both good and bad points about the owners, for you whatever they do can never be good enough.
In the context of football a fanatic is a fan, it's an abbreviation.

Honest John Honest John isn't a Levy fan.
 
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