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Management Levy / ENIC

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Levy In or Levy Out


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Yeah the likes of Solanke are the classic shit the club pulls.

On the surface, ambition. In reality, a relatively low wage player. They’d never spend that fee or more on a player who would also command 150k+ a week.

The Solanke signing btw coming a whole season after we lost the best striker in the world who was on triple the wages.

Johnson, Solanke etc - relative high fees but nice low wage bill and supplement with some children. Call it ambitious squad building and point to transfer fees invested.

ITS A SCAM.

Completely agree. Spurs sign garbage players - so why do the fans demand the coach is fired for not winning the league?

Tell me 1 coach in world football that could genuinely have got consistent results with this squad minus VDV/Romero/Vicario? Yet somehow Ange is being held to that level of scrutiny. Would we demand Pep be fired for trying to play tiki taka with 18 year olds?
 

We already know that all Premier League sides were PSR compliant as the league informed all clubs in early January after requiring them to submit accounts for scrutiny before the end of December last year. The three-year monitoring period for Spurs up to June 30, 2024, had the club reporting £182m in losses.

It was noted in the accounts that “the club continues to comply with and support both UEFA and the Premier League Financial Fair Play criteria.”

Given that the club were some £77million over the £105m allowance that might have seemed curious, but Spurs have a significant amount of allowable deductions, largely due to the depreciation related to the stadium, something that amounts to around £70m per season. Add to that the deductions for youth development, the women’s team and community work and the figure grows further.

Football finance expert Swiss Ramble estimated that Spurs had around £93m per year of allowable deductions when it came to PSR compliance, with that figure made up of depreciation of £70m, £15m on youth development and £3m each on the women’s team and the community.

Using those allowable deductions, Spurs came out as net positive for PSR in 2021/22 at £32m, negative for 2022/23 at £2m given the heavy £95m pre-tax loss, and net positive for 2023/24 at £66m.

That £96m sum, added on top of the £105m that as already allowed, meant that the club had some £201m in PSR headroom before having to be concerned about any kind of Premier League punishment. That was one of the healthiest PSR positions in the Premier League.

Next season’s position will likely see less headroom, but they still won’t be concerned about compliance given the breathing space that they have already created.
 

We already know that all Premier League sides were PSR compliant as the league informed all clubs in early January after requiring them to submit accounts for scrutiny before the end of December last year. The three-year monitoring period for Spurs up to June 30, 2024, had the club reporting £182m in losses.

It was noted in the accounts that “the club continues to comply with and support both UEFA and the Premier League Financial Fair Play criteria.”

Given that the club were some £77million over the £105m allowance that might have seemed curious, but Spurs have a significant amount of allowable deductions, largely due to the depreciation related to the stadium, something that amounts to around £70m per season. Add to that the deductions for youth development, the women’s team and community work and the figure grows further.

Football finance expert Swiss Ramble estimated that Spurs had around £93m per year of allowable deductions when it came to PSR compliance, with that figure made up of depreciation of £70m, £15m on youth development and £3m each on the women’s team and the community.

Using those allowable deductions, Spurs came out as net positive for PSR in 2021/22 at £32m, negative for 2022/23 at £2m given the heavy £95m pre-tax loss, and net positive for 2023/24 at £66m.

That £96m sum, added on top of the £105m that as already allowed, meant that the club had some £201m in PSR headroom before having to be concerned about any kind of Premier League punishment. That was one of the healthiest PSR positions in the Premier League.

Next season’s position will likely see less headroom, but they still won’t be concerned about compliance given the breathing space that they have already created.
It’s been obvious for a little while now that PSR isn’t the issue, it’s Levy’s expectations for cash flow and op income.
 
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.

Some sense. Well played.

Take out Salah VDV and TAA who have been at the club for an age and you see they bring in players on similar wages and for similar fees to us.

Everyone is obsessed with money because they have been convinced by Sky and Talksport it's the most important thing in the world so they can sell loads of ads during transfer silly season.

There are a lot of easy marks who follow football
 
Some sense. Well played.

Take out Salah VDV and TAA who have been at the club for an age and you see they bring in players on similar wages and for similar fees to us.

Everyone is obsessed with money because they have been convinced by Sky and Talksport it's the most important thing in the world so they can sell loads of ads during transfer silly season.

There are a lot of easy marks who follow football

Disagree , I think the most important thing in football is entertainment & that is shaped by how you are run which does include money , it’s unavoidable.

For fans of a club entertainment is mostly about feeling happy with how things are . I doubt there are many who are happy with the current situation at Spurs . Regarding the transfer shenanigans of rolling sports news , it’s a bit weird to get wound up by the faux drama.
 
Disagree , I think the most important thing in football is entertainment & that is shaped by how you are run which does include money , it’s unavoidable.

For fans of a club entertainment is mostly about feeling happy with how things are . I doubt there are many who are happy with the current situation at Spurs . Regarding the transfer shenanigans of rolling sports news , it’s a bit weird to get wound up by the faux drama.

There is an incredibly easily measurable correlation between wage spend and success lol, it’s not opinion it’s fact. Of fucking course that doesn’t mean spend big wages for the sake of it or ineptly like Manchester United, nobody is asking for that..

But clubs that constantly stay in their box are never likely to challenge. We have always been more cowardly with spending. We’d never have invested the 100m in Rice for example with a 200k+ a week wage too.

When are we ever in for a top table player like that? Never. So we never make that next step at all. Van Djik and Alisson took Liverpool there - anyone see Levy making signings of that calibre?

There’s no reason we can’t btw. We are a wealthy London club. We can challenge for top tier talent but we settle for Solanke, Johnson and some kids. Well we don’t, but we know the fans who do.. they’re in this thread with us.

Solanke for example - good player tbf. Never a Kane replacement. You replace elite with Solanke, Maddison, Johnson (good mid table talent) .. you’ll finish where you deserve.

Some people are happy with this. Again, we know who they are. They deserve everything they get tbh. Apparently they don’t really care anyway, which is nice.
 
There is an incredibly easily measurable correlation between wage spend and success lol, it’s not opinion it’s fact. Of fucking course that doesn’t mean spend big wages for the sake of it or ineptly like Manchester United, nobody is asking for that..

But clubs that constantly stay in their box are never likely to challenge. We have always been more cowardly with spending. We’d never have invested the 100m in Rice for example with a 200k+ a week wage too.

When are we ever in for a top table player like that? Never. So we never make that next step at all. Van Djik and Alisson took Liverpool there - anyone see Levy making signings of that calibre?

There’s no reason we can’t btw. We are a wealthy London club. We can challenge for top tier talent but we settle for Solanke, Johnson and some kids. Well we don’t, but we know the fans who do.. they’re in this thread with us.

Solanke for example - good player tbf. Never a Kane replacement. You replace elite with Solanke, Maddison, Johnson (good mid table talent) .. you’ll finish where you deserve.

Some people are happy with this. Again, we know who they are. They deserve everything they get tbh. Apparently they don’t really care anyway, which is nice.

Not to argue against but I’d point out that we possibly have made some signing for real quality but the clubs mentality makes them disinterested or leave as we never seem to show the ambition to push on. I’d wager that some of this seasons few positives, Bergvall , Gray will not be at the club in 4 or 5 years .
 
Which of our players do you think deserve to earn more money? Gray, Spence & Bergvale possibly but in the past the club has given established players a new contract with more money. So if Levy gave those 3 & possibly others higher wages, how will that help improve our results?
Isaac is a top player, no idea on his wages but his transfer fee was similar to Solanke but it is totally unrealistic to expect us to persuade him to come to us until we have won something. Haaland was not a top player when bought, playing in a farmers league. It was better scouting.
I'm not sure where you're going with this. I don't think any of our players deserve more money... quite a few of them deserve less!!! My point which I think you have missed or maybe I didn't explain it well enough is that Levy has a wage budget and he will not increase that. If someone arrives in the good bracket someone is moving out of the above average bracket. It's not easy to see but this is what we do. I will also point out that Haaland arrived from a team who are regulars in the Champions League knock out stage scoring a ridiculous 86 goals in 89 games. He was and absolutely top player but his transfer to City was done and dusted almost as soon as he signed for Dortmund. As for Isak, we could have bought him from Sociedad for the 60m Newcastle paid and his wages are 120k a week. Not sure what Newcastle had won that persuaded him to leave Spain. We won't be in the running when he moves this summer for 100m + and 300k a week.
 
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Completely agree. Spurs sign garbage players - so why do the fans demand the coach is fired for not winning the league?

Tell me 1 coach in world football that could genuinely have got consistent results with this squad minus VDV/Romero/Vicario? Yet somehow Ange is being held to that level of scrutiny. Would we demand Pep be fired for trying to play tiki taka with 18 year olds?
This is a great point. A lot of people on here think this squad is a top 5 squad and put all this on Ange. Yes, Ange is part of the problem and another coach might have us in 13th or 12th with better tactics and some injury luck. Slot might even have us in 9th or 10th but there is no manager in the world who (along with European football) would have us any higher.
 
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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.
Spending a billion and paying everyone 250k plus a week does not guarantee you win the league...

But it gives you a much fucking better chance than if you sit still, decrease your wage bill and allow Villa, Forest and Fulham to move past you.
 
I’d wager that some of this seasons few positives, Bergvall , Gray will not be at the club in 4 or 5 years .
No doubt about it. We bought those players with future re-sale in mind.
The fans will love and adore them as they develop into great players, then we'll turn on them and start blaming the press etc.as they angle for a move to a club with sporting ambition
 
And winning the league back before colour TV doesn't make Spurs a big club now.
We're a historically massive club that's massively under achieving, pal.
I won't have my football club besmirched and belittled by you or anyone else.
For all the stick he gets, Gary Neville spent his whole career in the Premier League playing against the likes of Tottenham Hotspur. I'll take his word over yours


View: https://m.youtube.com/watch?v=rHkKqCKPuMM
 
Some sense. Well played.

Take out Salah VDV and TAA who have been at the club for an age and you see they bring in players on similar wages and for similar fees to us.

Everyone is obsessed with money because they have been convinced by Sky and Talksport it's the most important thing in the world so they can sell loads of ads during transfer silly season.

There are a lot of easy marks who follow football

The issue is Levy. He's been in the job too long and is getting worse at it. The club needs new leadership so we can make better overall decisions, like Liverpool have done the past ten years. The Ange debacle is a new low, that such an obviously unqualified coach has been given so much rope, and heading for 20+ losses in the league, with multiple players going backwards in their development.

Unfortunately, I am resigned to the fact that Levy isn't going anywhere, so I just hope against hope that he strikes gold when he puts on the blindfold, throws the dart at the board and chooses our next coach.
 
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