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Ok well the 2 figures show the £181mil

The 2019 results underline the financial significance of participation in the Champions League with the run to the final generating £94m in prize money alone. With profits from operations of £173m (a figure arrived at by deducting operating costs – mainly salaries and match day costs) and profit before tax of £87m

That's where the figure comes from . I admit that yes we bought some expensive players and sacked managers and hired managers and the whole kit and kaboodle . But we have had vast amounts coming in since the opening of the new stadium , and from a financial standpoint we should be way above what other clubs generate , in fact we are above what other clubs generate and we're worse off for it . This isn't a well run club , in fact it's being milked for every penny they can squeeze . I don't blame the club for cashing in at every opportunity and rinsing every penny from its followers . But to let the squad go to pot whilst being one of the richest clubs in Europe income wise is absolutely disgusting . I'm not a fool I know that clubs have drainage , consumables and slush funds . But you can't hand on heart say you're happy with the financial situation the club is in . The stadium is paid for by a 30yr low interest mortgage set up by Levy . So 7 years of mismanagement tells us that has been and still is run badly . My figures are probably way off the actual sum of money coming in , but I don't kid myself or others that club is Omnipotent and can't do anything wrong . I'm frustrated and I feel like I've been cheated - "Game changer" and relegation shouldn't become associated .
 
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CJJ said:
Do you think those contracts were free? Ndombele's contract was at least the same as his transfer fee.
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Even today you're still apologising for the wankers and Levy's undeniable role in leading this club to the brink of the abyss.

You should be ashamed of yourself.

You should be posting on Arse mania or The Shed end.

You certainly shouldn't be anywhere near a Tottenham Hotspur forum
 
Tottenham Massive said:
Even today you're still apologising for the wankers and Levy's undeniable role in leading this club to the brink of the abyss.

You should be ashamed of yourself.

You should be posting on Arse mania or The Shed end.

You certainly shouldn't be anywhere near a Tottenham Hotspur forum
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And here he is, the guy who treads the line between "I'm pretending to be stupid" and "It's a medical miracle how I'm still a functioning organism"
 
Tottenham Massive said:
Also worth pointing out the club didn't invest a single penny on new players in the previous 2 transfer Windows.
The only club EVER to do so.

UNDER LEVY'S WATCH!!!
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I think I had that argument a long while ago and I brought that up , the only thing that lost me the argument was the amount of windows it was . I don't understand why the club would want to short change it's supporters . Why people think it's fine to let them run amok with the clubs finances and be at the foot of the table at the same time baffles me .
 
James Cook said:
Spend smart, not spend big.

The next Eriksen and Dele's are out there. When they are signed they will be mocked by the usual suspects.

Then when we sign the next Tanguy N'Dombele, those suspects will be lauding the 70m spend.
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Going by that website, we've spent the 5th most on transfer fees in Europe. Crazy because do we really have any world class/top drawer players? The consensus seems to be if everyone is fit, and we have a decent manager such as De Zerbi, we're mid table.

We certainly overpaid for Richarlison and Solanke, I can't remember if Ndombele was signed prior to 2020 and whether his transfer fee is included in the calculation.

it might be the case that PSG holds onto their players for longer than we do, so don't need to spent to replenish so often?
 
McCOYS said:
Going by that website, we've spent the 5th most on transfer fees in Europe. Crazy because do we really have any world class/top drawer players? The consensus seems to be if everyone is fit, and we have a decent manager such as De Zerbi, we're mid table.

We certainly overpaid for Richarlison and Solanke, I can't remember if Ndombele was signed prior to 2020 and whether his transfer fee is included in the calculation.

it might be the case that PSG holds onto their players for longer than we do, so don't need to spent to replenish so often?
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No, Ndombele was right after the 2019 CL final
 
McCOYS said:
Going by that website, we've spent the 5th most on transfer fees in Europe. Crazy because do we really have any world class/top drawer players? The consensus seems to be if everyone is fit, and we have a decent manager such as De Zerbi, we're mid table.

We certainly overpaid for Richarlison and Solanke, I can't remember if Ndombele was signed prior to 2020 and whether his transfer fee is included in the calculation.

it might be the case that PSG holds onto their players for longer than we do, so don't need to spent to replenish so often?
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If we pay £60 mil for a player it'll be someone with a much lower wage demand than a player that signs for one of our peers for a similar fee.

But there's usually a very good reason they command a much lower wage......They're pretty shit 😆

Hence we finish up with a load of overpriced junk who we won't sell because nobody will pay the fee we're demanding.
 
CJJ said:
No, Ndombele was right after the 2019 CL final
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The figures show how poorly the club has been managed, we've spend a huge amount on good but nothing exceptional players, the club can claim it's spent big on transfers fees over a period of time, but, they haven't been paying the sort of salaries that top players can get elsewhere, it's pretty much what the protests were about, and I guess it's a reason why Levy has been booted out.

Still that figure €763m on transfers since 2020 is about two seasons revenue at most, apparently the present revenue is €672.62. of course there's salaries to be taken into account but the club has surely had a couple of billion in revenue since 2020.

There's also transfers out to be taken into account. So where is most of the revenue going if not on transfers in?
 
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Tottenham Massive said:
If we pay £60 mil for a player it'll be someone with a much lower wage demand than a player that signs for one of our peers for a similar fee.

But there's usually a very good reason they command a much lower wage......They're pretty shit 😆

Hence we finish up with a load of overpriced junk who we won't sell because nobody will pay the fee we're demanding.
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Head-Nail-Hit . I listen to a lot of what Paul O Keefe says on Last Word On Spurs . He was saying at the time that never in a million years would he part with £65mil for Solanke . Low and behold he's turned out to be proved absolutely right . The club operate a brown envelope scheme where the people handling the money come out of the deals financially better off themselves . The club ends up with a pup and on goes the scandal to the next player . This PLC is just a smokescreen to disguise what really goes on behind closed doors .
 
McCOYS said:
The figures show how poorly the club has been managed, we've spend a huge amount on good but nothing exceptional players, the club can claim it's spent big on transfers fees over a period of time, but, they haven't been paying the sort of salaries that top players can get elsewhere, it's pretty much what the protests were about, and I guess it's a reason why Levy has been booted out.

Still that figure €763m on transfers since 2020 is about two seasons revenue at most, apparently the present revenue is €672.62. of course there's salaries to be taken into account but the club has surely had a couple of billion in revenue since 2020.

There's also transfers out to be taken into account. So where is most of the revenue going if not on transfers in?
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I imagine if you compared the salaries we pay to those teams with coveted players pay, it's probably not that far off.

For example, the £200k we were paying Ndombele is the same as liverpool's top earner in Salah at that time. Lloris was on more than Allison. Wijnaldum the same as Bergwijn etc

The main factor is the choice of the managers and the scouts
 
CJJ said:
I imagine if you compared the salaries we pay to those teams with coveted players pay, it's probably not that far off.

For example, the £200k we were paying Ndombele is the same as liverpool's top earner in Salah at that time. Lloris was on more than Allison. Wijnaldum the same as Bergwijn etc

The main factor is the choice of the managers and the scouts
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According to Capology PSG's total gross wage bill including bonuses is € 256,830,000.

Ours is £ 172,991,000.

Our figure is in GBP not Euros. So at a rough guess theirs is about €55m more than ours. Yet we've spent more than them on transfers by €134m since 2020.

I can't help but conclude we could have avoided spending that €134m on transfers and put it on player salaries, and could have been more competitive.
 
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McCOYS said:
According to Capology PSG's total gross wage bill including bonuses is € 256,830,000.

Ours is £ 172,991,000.

Our figure is in GBP not Euros. So at a rough guess theirs is about €55m more than ours. Yet we've spent more than them on transfers by €134m since 2020.

I can't help but conclude we could have avoided spending that €134m on transfers and put it on player salaries, and could have been more competitive.
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PSG are spending a handsome amount of that on RKM, so it's a problematic argument
:sherwoodlol:
 
The salary talk as per usual misses the point, it doesn't matter if we pay higher salaries if the culture and the direction of fhe club is crap, doesn't matter who you bring in unless it's a certified world class baller because the chances are those players will stagnate or go backwards.

i.e like Man Utd
 
Shadydan said:
The salary talk as per usual misses the point, it doesn't matter if we pay higher salaries if the culture and the direction of fhe club is crap, doesn't matter who you bring in unless it's a certified world class baller because the chances are those players will stagnate or go backwards.

i.e like Man Utd
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Right so you wouldn't swap our best forwards for Dembele and the Kvart bloke that I can't pronounce or spell his name?

They've done that with a lesser transfer spend than we have since 2020, It just means we ought not have signed Bryan Gil and put his would be transfer fee, towards the wage increase.
 
McCOYS said:
Right so you wouldn't swap our best forwards for Dembele and the Kvart bloke that I can't pronounce or spell his name?
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We were linked to Kvart whatever a few years back and a guy joined SC excited about it in a transfer thread and IIRC most of the people on there were in stitches about us signing some random Georgian farmer.
By the time he'd got to Napoli it was too late.

I think moral of the story is that wages and fees are redundant in the argument when compared to a scouting department who can sign a Kante or Mahrez for 50p when they are more than good enough in ability, instead of FIFA points
 
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