If any Spurs fan does just one thing today, they should read Lee's post above, Then pause and reflect.
Absolutely superb
It's an interesting post and well thought out/ written I'll give you and
LeeMcl
that but just because we are a sensible club it doesn't not make us an unambitious one. Let's look at the teams all around us and compare our model to theirs-
Man City - Monopoly money, far too unfair to compare ENIC and our spending within our means model to them as they are a rarity.
Liverpool - huge club, made serious money in sales, including players like Solanke etc (£20m!), did their money and actually only spent £1.4m this summer. If that was us we would have got battered in the media for doing so.
Man U - on a different level to us financially, that will remain the case so they will constantly have money and Moreno importantly they can spend heavy whilst staying within their means
Leicester - made excellent money in player sales (Kante, Maguire, Mahrez, Drinkwater) and reinvested well. Also have/ had an owner who spent beyond their means at the time, they just got fortunate that some of those signings gave them a solid return on investment.
Chelsea - Russian billionaire boys club, say no more.
Spurs do and will always spend within their means, it's the right way to go an drew whilst the daggers will be out for those making that kind of decision, simp,y put it's too reckless for us to lay £300m-£400m down on the signings required to take that next step. The reasons behind ENIC doing so are open to debate and that's justified but we should always lookmto do things properly and that is through not being reckless with spending more than we as a club make. We have surplus, that money hasn't andndoesnt get taken out in dividends and that helps safeguard us as we hopefully continue to grow.
I read somewhere that Everton are £100m in debt and that their wages outweigh their revenue streams and that teams like Barcelona need to find £125m from somewhere this year. Money isn't an endless pot, it soon catches up with teams and it looks like we won't be one of them if ajdnwhen that happens. The motivations behind it, as yourself and
LeeMcl
point out are interesting and worth noting but I am adamant that a club wanting sustainable growth and success over long periods should spend within their means. More emphasis on better scouting, better tactics, better academy focus, better relationships with clubs both domestically and overseas, better traditions and better nous in the market both when buying and when selling.
The club needs to be far braver when selling players at peak value instead of letting them decline. The likes of Dier, Wanyama, Eriksen, Alderweireld, Rose are wirthna pittance of what they have been during their time with us, we should have trusted ourselves more when selling at top whack instead of allowing a cash cow to turn stale. There are many ways to skin a cat but without a playboy chairman or owner, spending beyond your means simply isn't one of them, it leads to too much of a slippery slope.
