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Management Levy / ENIC

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Levy In or Levy Out


  • Total voters
    351
Yeah I keep coming back to this every week. It just makes no sense he is willing to give up all this money. It just isnt his usual M.O at all. The only reasons I can think of are 1. He is frozen with panic and doesnt know what to do, so is writing off another season as it doesnt matter to him. Or 2. He is expecting our finances to be somebody else's problem going forward in the next year or so.
I dunno, it's super weird tho.
 
I guess so but I recall Levy stating a few weeks ago that we can't spend what do not have, and he's also seemingly focused on reducing the wage bill.

Apparently it's currently £117,624,780 per year.


''According to an analysis conducted by Goldman Sachs, 16 non-football events were worth £55m to the club in the last financial year, but with the number of events now doubling, Spurs could now be set to rake in £110m per year from non-footballing events.''


There's also stadium debt and transfer debt to pay off, so I don't know where we are.
Not havinga go at you personally but does anyone actually belive these wages websites , according to salarysport Solanke has taken a wage cut to come to Spurs.

 
I guess so but I recall Levy stating a few weeks ago that we can't spend what do not have, and he's also seemingly focused on reducing the wage bill.

Apparently it's currently £117,624,780 per year.


''According to an analysis conducted by Goldman Sachs, 16 non-football events were worth £55m to the club in the last financial year, but with the number of events now doubling, Spurs could now be set to rake in £110m per year from non-footballing events.''


There's also stadium debt and transfer debt to pay off, so I don't know where we are.
We never seem to find out how much profit these events actually make. Goldman Sacha is a good source but is it 55m profit. If it is that’s around 3.5m per event. If so we can have 60-70m coming in every season at a conservative estimate.
 
When we win that trophy and Levy lifts it above his head is anyone going to say "fair enough"

If he wanted a cheer from me he could have said goodbye when the stadium was finished, his skill has always been infrastructure not football, that was the time to sell and move on. 25 years and a League Cup and Europa League while sitting 17th in the table for a club like us is pretty fucking poor. It certainly takes the sting out of things a bit with an EL win but it’s time to move on, it’s been time to move on for more than 5 years now.

If winning this means he feels he is done then yeh ‘fair enough’ will come from me.
 
Not havinga go at you personally but does anyone actually belive these wages websites , according to salarysport Solanke has taken a wage cut to come to Spurs.

I think they have Solanke's wages wrong and he currently earns £90.000 per week. I don't know how accurate some of those websites are but I've heard that Capology is one of the more reliable ones.

They have the annual wage bill at £113,581,000 (not including bonuses) I don't know if that wage bill includes non playing staff or the under 21 team etc.. So I suppose it's unreliable.

On their disclaimer it states ''All salary figures are estimates and do not represent official figures.''

I don't think the club has officially published the wage bill.

 
We never seem to find out how much profit these events actually make. Goldman Sacha is a good source but is it 55m profit. If it is that’s around 3.5m per event. If so we can have 60-70m coming in every season at a conservative estimate.
Well they stated that the amount of events are going to double. I don't know where they got that information but they've estimated for the club to 'rake in' £110m per year.
 
I think they have Solanke's wages wrong and he currently earns £90.000 per week. I don't know how accurate some of those websites are but I've heard that Capology is one of the more reliable ones.

They have the annual wage bill at £113,581,000 (not including bonuses) I don't know if that wage bill includes non playing staff or the under 21 team etc.. So I suppose it's unreliable.

On their disclaimer it states ''All salary figures are estimates and do not represent official figures.''

I don't think the club has officially published the wage bill.

I'm afraid Capology is just as bad as other similar sites. According to Capology Eric Dier is earning less at Bayern than he was at Spurs.

Also according to Capology , Richarlison has not had a pay rise in basic pay since 2018-19 season.

And if you look at the current wages of our squad on Capology , Archie Gray is earning exactly the same wage , £75,000 per week as seasoned international player Bentancur, which hardly seems likely.

No club releases the wage bill of it's first team squad but every club does release a total wage bill for all employees at their club , these are all available in accounts submitted to HMRC and Companies House so are pretty accurate unless you are Abramovitch.

In the last accounts Spurs wage bill was £221.9 million but what percentage of that goes to the first team squad nobody knows . That 42% wage/revenue figure often bandied around is correct but applies to the whole workforce at Spurs not what the first team squad is getting compared to other squads but clubs like Man U & Liverpool etc are paying higher than Spurs.

The only pay packet you can accurately measure is Levy's , he was paid £3,728,000 in the last accounts, total directors wage bill was £5,068,000 so that leaves £1,340,000 for the other directors.
 
We're on course for our lowest league position in 50 years.
A club that's spent all but one of the last 75 seasons in England's Top Tier is about to avoid relegation by one position.

Three Cheers for Mr Levy
bear-clapping.gif


:harrylol:
 
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