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Transfers The Summer Transfer Edging Thread 2025

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It’s only a game changer if it changes the recruitment model and it didn’t. We had a higher wage bracket during the Poch years before the tournament
i think we can spend on transfers and not on wages because the fees can be spread out and paid over time. is that a correct assumption? the idea that we're cash poor sounds very plausible to me.

i'm not a finance person but i've always guessed that levy ran a very tight ship with the books. he doesn't seem to like to overspend or get in the red at all whereas our competitors may color outside the lines more or simply have more cash on hand. i'd guess during the stadium build we had financials requirements connected to the financing and we're prob still bound by that somewhat now.

not trying to give levy too much credit tho. i think enic should be committing way more to the football club just as the clubs above us seem to. otherwise you're just a real estate/live event company.
 
Do you mean over £200,000 a week?

Have you ever seen a list of the players earning over £200,000 when they move clubs? That list is really ugly. 80% are busts.

Anything from 150k to 200k. That being said, take this with a pinch of salt, only 4 players are on over 100k a week here according to some sites.

Son, madders, romero (All on over 165k) and kulu (110k)

Now we all know levy likes a low wage bill so how many players would he want earning over 120k a week? Big part of his strategy is to buy potential and they have to earn the right to get that 100k a week plus. He runs the business very well but he must not act surprised if we don't regularly challenge for trophies.
 
I'm told by people who understand their finance a lot more than I do, that though we generate a high level of revenue, we aren't cash rich. Far from it.

The stadium was a major overspend...some say by 200-300 mil easy. We owe a lot of money (min 250mil) in previous transfers cause that's the way we do things...nobody owes as much apparently. Sacking managers and putting people on gardening leave ain't helping either. Also, we missed out on a fair bit by finishing 17th in the PL and exiting the FA Cup early. And obviously we all know ENIC put chump change into the club (like 5 mil per year). The club ain't a profitable operation and cash flow is a serious issue.

Like I said, I'm no finance wizard myself, but when I hear that Levy is an elite businessman, it makes me laugh. First cause he doesn't understand that if we were a successful football club, the whole business side of things would do a lot better.

The stadium debt is not a problem, Levy had that negotiated at incredibly low rates, annd it alai contributes to our PSR headroom in the accounting. And income from events (concerts, NFL etc) also adds to our massive match day revenues.

The problem right now is actually (accounting) cash flow and cash at bank, mostly because we’ve actually been one of the biggest spenders in terms of NET transfer fees in the last few years and are carrying one of the highest transfer instalment debts. We’ve just pissed that money away rather badly. Unlike Chelsea, who have been able to also sell well, (as well as selling property and the women’s team to themselves) we haven’t.

It is absolute incompetence from Levy in terms of transfer structure (ie people involved) and strategy.
 
We all know we aren't going to show real ambition.

Sure we'll sign a few, and move a few on, and that will keep the intrigue going but it's never enough to truly compete.

ENIC have demonstrated over and over again that they're only prepared to go so far with recruitment.

It's a model we're all very familiar with.

Nothing will change this summer either

Not even a new stadium with considerably more income is changing that approach.

They're greedy fuks, they really are
 
The stadium debt is not a problem, Levy had that negotiated at incredibly low rates, annd it alai contributes to our PSR headroom in the accounting. And income from events (concerts, NFL etc) also adds to our massive match day revenues.

The problem right now is actually (accounting) cash flow and cash at bank, mostly because we’ve actually been one of the biggest spenders in terms of NET transfer fees in the last few years and are carrying one of the highest transfer instalment debts. We’ve just pissed that money away rather badly. Unlike Chelsea, who have been able to also sell well, (as well as selling property and the women’s team to themselves) we haven’t.

It is absolute incompetence from Levy in terms of transfer structure (ie people involved) and strategy.

Have to admit, I’m starting to get a bit worried by how Lange will look by the end of this window.

It’s starting to look like he hides behind this youth policy because he doesn’t have the connections and ability to identify elite level senior players.
 
Tried to read a Football London article on Spurs 63 million Tuesday splurge in the transfer market which opened with how many players we have already signed from last year and ended with 100s of pop up adds which continuously forced me to back to the top of the page making it totally unreadable. That is the worst website for pop ups.
 
The stadium debt is not a problem, Levy had that negotiated at incredibly low rates, annd it alai contributes to our PSR headroom in the accounting. And income from events (concerts, NFL etc) also adds to our massive match day revenues.

The problem right now is actually (accounting) cash flow and cash at bank, mostly because we’ve actually been one of the biggest spenders in terms of NET transfer fees in the last few years and are carrying one of the highest transfer instalment debts. We’ve just pissed that money away rather badly. Unlike Chelsea, who have been able to also sell well, (as well as selling property and the women’s team to themselves) we haven’t.

It is absolute incompetence from Levy in terms of transfer structure (ie people involved) and strategy.

Completely agree.
I don't indulge much on the ownership chat thread but it boils down to simple things for me.
Since the stadium opened we have had the same amount of resources if not more than most of the other top teams and far more than the likes of Newcastle, villa, Brighton of this world and yet we are miles off. And this 100% boils down to who's in charge of those resources and how they have been used.

Of course Levy has hired mangers, scouts and the rest but the buck stops at him. He is out of his depth, the game has moved a long way ahead of him and his penny pinching of squeezing every drop from every deal and it's a bad look on the club and it screams mediocrity.

I strangely reminds me of when I used to enjoy watching that program 'scrap heap challenge'. Both teams competing would have exactly the same resources to build something the best they can but we are the team that always thinks we're smarter and more clever but end up with a heap of 'sh*t at the end that doesn't even work.

Most people would think we are on a similar footing to mid table teams financially with how we operate and the players we sign when in fact we should be miles ahead of them.

How people cough up hard earned money in the blind hope it will work season after season is beyond me. We are a ferrari with a Fiat punto engine with James May at the wheel.
 
We’ve been spending about 150m a season this decade.

Would anybody be Ok with no more purchases this summer, give Frank time to properly analyse the squad, if it was guaranteed we would spend 250-300m next season?
No sorry, we need a atm and a goalscorer at the very least
100 mil expenditure bare minimum
Look we'll see what next couple of months brings us
No point getting frustrated just yet, early days
We've got a good tactician in place now
COYS
 
Have to admit, I’m starting to get a bit worried by how Lange will look by the end of this window.

It’s starting to look like he hides behind this youth policy because he doesn’t have the connections and ability to identify elite level senior players.

Identifying elite senior players isn’t hard, the cost of them is. My issue is more the identification and purchase, or failure of, elite potential. And also the whole over arching strategy of how we have been going about our recruitment since about 2016/17/18.

And by that I mean the methods (analytics, scouting) the personnel (who we employ to do those things and at times - like 2017 - not even having a DOF or proper structure) and the strategy (how we spend - fees v wages and profile etc),

Recruitment (non playing and especially playing) is absolutely huge for football teams. As we see from clubs like Liverpool (unicorn), Chelsea, Arse, Newc, Brighton, Bournemouth, Fulham, Villa (though they have PSR problems on the horizon), Forest etc.

We have been one of the poorest recruiters in the PL (points per £) in the last few years.
 
No rush lads…


View: https://x.com/chriscowlin/status/1939242264548520120?s=46&t=LZlJuZ1uaIN4QMovCQVkvQ

"They are preparing the list together with Thomas Frank. So at the moment, there could be plenty of names before they decide who is the player they want. For sure. One player they appreciate already, since last summer, is Eberechi Eze, who did fantastically this season at Crystal Palace. And so he remains one of the targets in the list at Spurs.
"But at the moment still not an active negotiation, because they are still assessing all the options and then deciding who is the player they want to sign." - Fabrizio Romano
 
No rush lads…


View: https://x.com/chriscowlin/status/1939242264548520120?s=46&t=LZlJuZ1uaIN4QMovCQVkvQ

"They are preparing the list together with Thomas Frank. So at the moment, there could be plenty of names before they decide who is the player they want. For sure. One player they appreciate already, since last summer, is Eberechi Eze, who did fantastically this season at Crystal Palace. And so he remains one of the targets in the list at Spurs.
"But at the moment still not an active negotiation, because they are still assessing all the options and then deciding who is the player they want to sign." - Fabrizio Romano

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No rush lads…


View: https://x.com/chriscowlin/status/1939242264548520120?s=46&t=LZlJuZ1uaIN4QMovCQVkvQ

"They are preparing the list together with Thomas Frank. So at the moment, there could be plenty of names before they decide who is the player they want. For sure. One player they appreciate already, since last summer, is Eberechi Eze, who did fantastically this season at Crystal Palace. And so he remains one of the targets in the list at Spurs.
"But at the moment still not an active negotiation, because they are still assessing all the options and then deciding who is the player they want to sign." - Fabrizio Romano


But I thought we were talking transfer targets before he signed on.

Which is it ?
 
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