Those irons in the fire are actually very smart. They add to our (Spurs) income.
As I said, the biggest problem has been the recruitment/football model. We were once quite innovative (first with a DOF, had analysts like Michael Edwards etc) and had one of the best bang for buck recruitment (up to about 2016/17) but have turned into one of the worst. We rarely turn a profit on any player the last few years, and they certainly aren’t giving us much on pitch value. We have spent huge in transfer fees but low on wages - gathering a bloated squad (a bit less bloated now than it was) of very ordinary footballers.
It’s not about “tightness”, we spent a lot of money the last 5 years, it’s about incompetence and poor strategy from Levy,
It started with dropping the DOF and recruitment strategy for Pochettino around 16/17, and then a whole raft of poor strategic footballing decisions regarding personnel, structure, strategy.
Levy maybe also partly distracted by the stadium build during that time, but that in itself was a huge failure to realise this and set up a structure and oversight on the football side of the business so that he could concentrate on the stadium.
Whilst we have gone backwards, many clubs have gone forwards, adopted smarter strategies and structures. Recruited progressive coaches and better value players. It’s a double whammy.
It’s ironic that just as we become a club that can generate very large sums of money in revenue we also become one of the worst run clubs, whereas up until about 2016 we generated a pittance compared to our arrivals but got more things right than wrong and managed to compete with them.
We seem leaner and slightly meaner and slightly smarter under Lange, more how we used to be, but it looks too little too late, certainly for now.
£374 million itb
