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Transfers The Summer Transfer Edging Thread 2025

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The Glazers also leveraged the club to actually buy it. In other words they didn’t put a penny of their own money to buy the club they borrowed against the value of the club to buy the club, and put that debt onto the club.

And have subsequently taken huge dividends and salaries from the club ever since.

Plenty of stories that ENIC do this on NON Spurs property business.
IE, they have their other business interests and use THFC market value to secure loans to complete them and that's where their real money comes from. The more valuable we are, the higher the loans they can secure elsewhere.

99.9999% of the time Spurs will never see any form of consequences of that. But if they ever get something horribly wrong and owe money, where will it come from?
 
This forum isn't 'dominanted'by anyone. That you think it is and are busy digging out strangers speaks far more clearly about the total lack of proportion in your relationship with the club and the forum, evident in your ramblings about people that haven't been in football in decades.

There's no sense of awareness in your posts is there?

If it isn't John Thomas celebrating posts ironically that say "don't bother posting if the owners bother you", it's you "digging out strangers" by, well, "digging out" a "stranger"
 
However, there's room to spend more of the money that the club makes to bolster the squad as we have one of the lowest (the lowest?) wage to revenue ratios in the league, without ENIC needing to contribute a penny
This is the problem with talking about "revenue" as financial margins. Revenue is money coming in - it isn't spare money or profit. Both Real Madrid and Spurs have a <50% revenue-to-wages percentage because both have over £1bn of stadium debt to finance.

The club has not made a profit for years, possibly since the new stadium opened. I don't believe there is room to spend more, without spending less on actual transfers
 
Obviously way too early to be overreacting and I've clearly been overreacting all week, but it all goes back to my initial fear. Frank wasn't brought in to win.

I was very underwhelmed by the appointment but like anything, the Spurs PR machine made me think Frank could be the real deal and maybe my initial concerns were wrong. But given the lack of urgency in the transfer market (I know its only June but we've basically just allowed Mbeumo and Eze pass by without making any real effort), I'm now worried that Frank is just happy with the current squad. He sees it as far better than any squad he's ever had with Brentford and is confident he can finish top 7 with us if we bin off the cups and only focus on the league. Levy is in his ear about developing our young talent so that's where much of his focus is too.

Now this could be a great strategy long term. We might even see Donley and Moore playing regularly next season. But for now, this shows a total lack of ambition and was my worry with us hiring Frank all along. I don't feel like he's been hired to win. If it is a long term project then we back him and just put up with all the short term struggles. However, it's just very underwhelming going into a season when it feel like the club have just accepted we are at least 3 years away from being competitive.
 
The thing that's most irritating is how we have never, ever pulled the trigger on a top player.

Liverpool do a similar thing to us where they will buy young talented players with potential but every now and then when they need to, they'll pull the trigger on a Van Dijk, a Diaz, an Allison or a Wirtz.

They have fucked up the occasional big money transfer like we have but they don't shit the bed and revert back to exclusively signing kids with potential and "bargains" like we do.

Our recruitment is absolute dogshit and I wonder how many times the club are going to end up with shit on their faces before they realise that they need to change tact (spoiler, it is never going to happen).

Just with the first two there - Van Dijk wasn't a "top player" at the time. He was arguably putting in the same performances as Toby for Southampton, who we nabbed, and only reason why he wasn't a £75m transfer was because they fucked up the option on him.

We also went for Diaz didn't we. I recall it was Mendes who screwed us on that. It's easy to say we've never pulled the trigger on a top player, but in a slightly different timeline Richarlison goes to a top 4 rival and doesn't get injured, and he's one of the "spurs never pay top money" examples. I don't know why we ignore Romero and Van der Ven when making comparisons either.
 
The PL will never do anything serious about City or Chelsea or any other club that “cheats” to bring better players into the league.

They love them because they bring new Star attractions every year. And in fairness they should love them for that. The PLs priority isn’t to be “fair” it’s to make money
Bloody hell. The point was in 10 years no one cares about performance but only who won
 
Just with the first two there - Van Dijk wasn't a "top player" at the time. He was arguably putting in the same performances as Toby for Southampton, who we nabbed, and only reason why he wasn't a £75m transfer was because they fucked up the option on him.

We also went for Diaz didn't we. I recall it was Mendes who screwed us on that. It's easy to say we've never pulled the trigger on a top player, but in a slightly different timeline Richarlison goes to a top 4 rival and doesn't get injured, and he's one of the "spurs never pay top money" examples. I don't know why we ignore Romero and Van der Ven when making comparisons either.

So many excuses. Everytime an excuse. Doesn't change the fact that it hasn't happened.
 
Gray was 18 when we bought him now 19 , Hackney is already 23 so I presume less upside potential. I have never seen him play and I wouldn’t pretend to be an expert even if I had .

Hackney plays for my local town, he’s a good player but there lies the problem… he’s ‘good’, he’s not very good and doesn’t show the potential to develop. Reasonable squad player but will he improve the first XI? no
 
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