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Maybe but it is what was said, despite your wrong interpretation.

The spinniest spin is this ;

Romero joins on loan;
"Romero is a loan, so you can't include the spending this year"


Romero signs permanently;
"Romero joined last year, so you can't include the spending this year "

If you don't count Romero's fee when we actually signed him then that was yet another transfer window where this club spent next to nothing on players.

And I can read blatant propaganda and show it up for what it is. Their intent by sneaking the 47m in there was clear, and if we're counting 'committed' spending only then we spent NOTHING in January.

Anybody who buys this shit is sipping the kool-aid. Corporate spin piled upon corporate spin. And they're not even fucking good at it so I don't know why they bother, they should've just refused to reply.
 
'We should be mindful, however, of the implications of the changes to the governance of the game which will compel greater sustainability and financial fair play (FFP). Major changes have been introduced in Europe around FFP regulations, including the newly launched UEFA financial sustainability rules, the full impact of which will be felt from season 2025/26. They are based on three pillars: solvency, stability and cost control and clubs will have three seasons to adjust to them. Many expect that these new rules will be a game changer for the sport. We should also allow for the possibility of even tighter regulations.'


It's amazing that they get away with this. It's not even intelligent spin. Someone took 10 minutes in their lunch break to write this. Every informed fan of the club knows we're miles away from FFP remotely being a factor.
If FFP stops other teams spending more than they currently do, then it can only benefit us.
That, in effect, is what they're saying.

Even clubs where FFP is a factor (i.e Chelsea) know it's a load of ineffective rubbish and they can very easily circumvent it.
Agreed, they'll just pay the fine, get dodgy sponsorship deals etc and carry on.
 
If FFP stops other teams spending more than they currently do, then it can only benefit us.
That, in effect, is what they're saying.


Agreed, they'll just pay the fine, get dodgy sponsorship deals etc and carry on.

FFP will do nothing. They know it will do nothing, everybody knows this. It is absolute bullshit and not even a factor for any top club.
 
If you don't count Romero's fee when we actually signed him then that was yet another transfer window where this club spent next to nothing on players.
True, but you can't say that Romero fee doesn't count, because he joined on loan the previous year, and then in the same breath say that Porro's fee doesn't count either.
That's a contradiction.
And I can read blatant propaganda and show it up for what it is. Their intent by sneaking the 47m in there was clear, and if we're counting 'committed' spending only then we spent NOTHING in January.
They didn't "sneak" anything in.
They spun it to make themselves look better.
We spent nothing except the loan fees obviously.
Anybody who buys this shit is sipping the kool-aid. Corporate spin piled upon corporate spin. And they're not even fucking good at it so I don't know why they bother, they should've just refused to reply.
Absolutely corporate spin.
Did you honestly expect anything else ?
 


Thanks for posting. All they have done is make me ask more questions though.

What are "football activities" ENIC?
For us fans, that is what happens on the pitch every week. For ENIC, I suspect it is something entirely different.

Football success, in turn, supports the growth of our Club, our fanbase and consequently wider, commercial opportunities and partnerships, which then deliver further revenue to reinvest in football - the virtuous, sustainable circle on which our Club model is based.

In 20 years they have never invested heavily in the football team to deliver football success to increase revenue. Everything has been the polar opposite, invest money in infrastructure that enables revenue to be generated with the promise if investment into the football team.


It is all so vague, goes round in circles, skirts away from what even the most basic fan can understand.
God I hate them.
 
True, but you can't say that Romero fee doesn't count, because he joined on loan the previous year, and then in the same breath say that Porro's fee doesn't count either.
That's a contradiction.

They didn't "sneak" anything in.
They spun it to make themselves look better.
We spent nothing except the loan fees obviously.

Absolutely corporate spin.
Did you honestly expect anything else ?

I do count the Porro fee now, I just know they'll count it in the summer whilst trying to get credit for it now as well with some "clever" wording. And I counted the Romero fee when he first joined the club, not last summer.

I expected the reply to the fans to not be laced with quite as much contempt. Its almost insulting in terms of how naive they clearly think we are & the level of sanctimonious bullshit they reach with the constant references to "sustainability".

They do not care about the fans. Never has that been clearer.
 
If FFP stops other teams spending more than they currently do, then it can only benefit us.
That, in effect, is what they're saying.


Agreed, they'll just pay the fine, get dodgy sponsorship deals etc and carry on.


Steve. You must know by now big clubs work around FFP and Spurs hide behind it.
PSG spunked £200m on Neymar then did a loan to by Mbappe for over £100m a few weeks later.
Chelsea just blew through £600m in 2 windows.
Barcelona go broke and then sign Lewendowski, Raphinha etc.
Arseholes don't get in the champions league for 7 years and remain as spend happy as ever.

Big clubs don't give a flying fuck about FFP.

The only person in football that was happy to hear of the plan was Levy as he no doubt thought it would save ENIC a fortune and level the playing field.
It didn't. All it does is put small clubs into worse messes when they get docked points for being in financial trouble.
 
The most dispiriting thing about that statement is that ENIC clearly aren’t going anywhere.

We’re going to be stuck in their virtuous, sustainable circle of footballing purgatory for the rest of time.
 
I do count the Porro fee now, I just know they'll count it in the summer whilst trying to get credit for it now as well with some "clever" wording. And I counted the Romero fee when he first joined the club, not last summer.

I expected the reply to the fans to not be laced with quite as much contempt. Its almost insulting in terms of how naive they clearly think we are & the level of sanctimonious bullshit they reach with the constant references to "sustainability".

They do not care about the fans. Never has that been clearer.
We didn't buy Romero when he first joined, and we haven't bought Porro yet.

You're counting the Porro fee now but complaining about it being included by the club.

Including Romero in that sum can fuck off too ... sneaky fuckers. Still claiming they invested 40m in January though despite Porro being a loan with obligation, you can't have it both ways you lying, corporate hacks.

Fair enough.
 
Steve. You must know by now big clubs work around FFP and Spurs hide behind it.
PSG spunked £200m on Neymar then did a loan to by Mbappe for over £100m a few weeks later.
Chelsea just blew through £600m in 2 windows.
Barcelona go broke and then sign Lewendowski, Raphinha etc.
Arseholes don't get in the champions league for 7 years and remain as spend happy as ever.

Big clubs don't give a flying fuck about FFP.

The only person in football that was happy to hear of the plan was Levy as he no doubt thought it would save ENIC a fortune and level the playing field.
It didn't. All it does is put small clubs into worse messes when they get docked points for being in financial trouble.
Agree totally with everything you've said here.
 
Including Romero in that sum can fuck off too ... sneaky fuckers. Still claiming they invested 40m in January though despite Porro being a loan with obligation, you can't have it both ways you lying, corporate hacks.

We paid for Romeros transfer in the summer - why wouldn't they count it?

As explained to John Thomas they didn't say they paid for Porro this January just that they committed in January to spend further money. Which is true.
 
We didn't buy Romero when he first joined, and we haven't bought Porro yet.

You're counting the Porro fee now but complaining about it being included by the club.



Fair enough.

BECAUSE THEY WILL INCLUDE IT IN THE SUMMER SPENDING TOO!!

I’d be fine if they wouldn’t. But they will. Because they are sneaky fuckers intent on deceiving the fans by any means necessary.

Don’t know how much clearer I can be on that. They are twisting and spinning as much as they can, and that address to the fans is poison, laced with as much contempt as they could possibly manage.
 
Of course they will as that's when it'll be paid. What am i missing here?

The fact it’s obviously them attempting to spin the situation?!

It’s incredible that you don’t see the propaganda. The lying about 200 million spend, the crap about FFP, the ‘we have committed’ shit.

You have to be blind or the clubs personal spin doctor/PR rep to not see it.
 
BECAUSE THEY WILL INCLUDE IT IN THE SUMMER SPENDING TOO!!
THEY HAVEN'T INCLUDED IT IN THIS YEAR'S SPENDING.
THEY HAVE ONLY SAID THEY ARE "COMMITTED" TO SPENDING IT !!!!
I’d be fine if they wouldn’t. But they will. Because they are sneaky fuckers intent on deceiving the fans by any means necessary.

Don’t know how much clearer I can be on that. They are twisting and spinning as much as they can, and that address to the fans is poison, laced with as much contempt as they could possibly manage.

Ok, I'll try to explain it.

We signed Romero on loan in 2021/22 season, we did not pay £50m for him in then.

Romero signed a permanent contract in 2022.
Therefore we payed, or were committed to pay £50m for him.

That's why the figure is included this year


Porro.
We signed him on loan, but have an obligation to make it permanent.
Therefore we are "committed" to spending £45m on him.
We haven't spent it yet, so it's not included in this year's accounts.
Next year, when the payments start, it will be included.

It's really not that hard to understand.
 
The fact it’s obviously them attempting to spin the situation?!

It’s incredible that you don’t see the propaganda. The lying about 200 million spend, the crap about FFP, the ‘we have committed’ shit.

You have to be blind or the clubs personal spin doctor/PR rep to not see it.

But they didn't say they spent the money in January.

I mean the club literally announced the transfer as a loan with an obligation to buy - maybe take a breather, reread the statement and consider the fact that what they have said is that we COMMITED to spending more money in the January window.


To break it down further that statement is saying that in the January window we agreed a deal with Sporting for Porro in which we have committed to buy the player in the summer for X amount.
 
It’s a politicians response. They come out & say what they think fans want to hear, only focusing on the good things that they have done & not once hold their hands up & say that they have got plenty of things wrong. How many more times are we going to be told that the academy, training facility & stadium will be our saviours. They’ll be saying exactly the same things the next time they’re asked similar questions
 
Ok, I'll try to explain it.

We signed Romero on loan in 2021/22 season, we did not pay £50m for him in 2022.

Romero signed a permanent contract in 2022.
Therefore we payed, or were committed to pay £50m for him.

That's why the figure is included this year


Porro.
We signed him on loan, but have an obligation to make it permanent.
Therefore we are "committed" to spending £45m on him.
We haven't spent it yet, so it's not included in this year's accounts.
Next year, when the payments start, it will be included.

It's really not that hard to understand.

I’m really just no longer interested whatsoever in the spin.

You know why they’ve put that in there, to mislead and manipulate the fanbase. The wording is carefully selected, just like the so called ‘200 million’ spending & the lip service to FFP.

They know exactly what they are doing. And the fans who collaborate with this regime are complicit in their acts.
 
I’m really just no longer interested whatsoever in the spin.

You know why they’ve put that in there, to mislead and manipulate the fanbase. The wording is carefully selected, just like the so called ‘200 million’ spending & the lip service to FFP.

They know exactly what they are doing. And the fans who collaborate with this regime are complicit in their acts.
Absolute poppycock.

There is nothing misleading in their statement.
Saying they are "committed" to spending does not equate to "we have spent"
The only one's "spinning" things are the fans who are being willfully obtuse.

That is not to say that they are not trying to put themselves in a favourable light.
 
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