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ENIC

I don't believe Ange was even our 2nd choice; I still don't believe we are any more attractive than the summer when we brought in Nuno (we had a firing Son and albeit a Kane who was angling to leave; but still more firepower than we have now)


Our stadium, so we often state here

Let's wait to see what happens in the CL before we answer this shall we? Regardless, it was ambition and if we'd done a similar transfer they'd no doubt be many amongst us saying the same re ENIC and how they spend, show ambition etc


Money talks, bs walks. If we get CL then potentially the gap between us and other suitors narrows heavily. Then add the London glitz factor etc

Soence was not bought to be a LB, he is a RB or a RWB. If we are serious about pushing on we have to give the likes of Udogie actual direct competition

Let's see. It's been a gap for a while, so when he goes let's see if we actually get bonafide ready to go one (or just say 'No need, Grey can just do a job there')

Both Danso and Dragusin will likely be viewed as Romero replacements already present. However, with all those guys none are direct rotation optins for MVDV..again let's see what happens as MVDV needs a rotation option for sure...

Fingers crossed

All on relatively smaller wages than the squads we've had previously. Compare the wages spent by Arsenal when they finished 5th behind us in 2022.


I was going to write some response to this last bit but then i came cross this:
Tottenham Hotspur are facing the prospect of having to sell to buy this summer, despite the fact the club could spend over £200 million without breaching profit and sustainability rules(PSR).

Without a significant injection of cash from owners Enic, Spurs are facing a tough summer of trading which is threatening to severely affect the club’s head coach – whether that is Ange Postecoglou or a new appointment.

Spurs are 16th in the table and equalled their record for 19 Premier League defeats in a single season with their latest loss against champions Liverpool at Anfield.

Champions League qualification through winning the Europa League would improve the situation, but Atletico Madrid target Cristian Romero or at least one other leading player may have to be sold to generate transfer funds.

Tottenham were one of the Premier League’s highest spenders last summer. And according to the last set of accounts that were first broken down by The Athletic, the club’s net transfer debt – money owed to Spurs minus money they are still to pay out – was £279.3 million.

That puts the club and those responsible for trying to improve the squad in an incredibly difficult position, particularly coupled with Tottenham’s wage structure which is one of the strictest in Europe.

A well-placed source confirmed to Telegraph Sport that the club will most likely have to sell to buy this summer, which will raise question marks over the futures of a host of players including Romero, Richarlison and Yves Bissouma.

Enic provided £122.1 million in owner funding since their 2001 takeover to June 2024, the equivalent of just £5.3 million per season. The majority of that came from a £97.5 million share issue in May 2022, which had initially been announced as being worth up to £150 million.

Since Enic’s £97.5 million share issue, a total of 13 English clubs received more owner funding, while the owners of Tottenham’s rivals Aston Villa have poured over £600 million into the club since their takeover in 2018.

Enic did invest £35 million into the club in January, but under-fire chairman Daniel Levymade it clear that Tottenham will not spend money they do not have, despite their ability to do so within PSR guidelines.

In the last set of accounts, Levy said: “We cannot spend what we do not have, and we will not compromise the financial stability of this club – indeed, our off-pitch revenues have significantly supplemented the lower football revenues this year, testament to our diversified income strategy.”

Levy added: “Since opening our new stadium in April 2019, we have invested over £700 million net in player acquisitions. Recruitment remains a key focus, and we must ensure that we make smart purchases within our financial means. I often read calls for us to spend more, given that we are ranked as the ninth-richest club in the world. However, a closer examination of today’s financial figures reveals that such spending must be sustainable in the long term and within our operating revenues. Our capacity to generate recurring revenues determines our spending power.”

Tottenham supporters will hold their fourth major protest against Enic and Levy at the club’s next home league game against Crystal Palace on May 11. The “Change for Tottenham” group has organised another pre-match march and is also urging supporters to take part in an in-stadium demonstration.

Change for Tottenham wants supporters to wear yellow to the game and delay returning to their seats at the start of the second half to visibly signal their dissatisfaction at the running of the club





Discuss....
The accounts and finances have been discussed. (and how it reflects onto this summer's budget)
 
I think the successful clubs we are trying to compete with have all likely had points at which similar mistakes made at higher levels of club decision making have cost them success too - the difference between them and us is that their financial advantage has allowed them to come back again and again until it they got it right - we don't/didn't have that luxury.

Liverpool and us were in a very similar position when Klopp first arrived. They made smart choices. The stadium is often used as an excuse. A reason? Yes. However there were certain things we could've done that the manager wanted which we didn't. Not always incomings. I think Liverpool's Coutinho business was absolutely brilliant.
 
Liverpool and us were in a very similar position when Klopp first arrived. They made smart choices. The stadium is often used as an excuse. A reason? Yes. However there were certain things we could've done that the manager wanted which we didn't. Not always incomings. I think Liverpool's Coutinho business was absolutely brilliant.

And clearly fraudulent
 
Liverpool and us were in a very similar position when Klopp first arrived. They made smart choices. The stadium is often used as an excuse. A reason? Yes. However there were certain things we could've done that the manager wanted which we didn't. Not always incomings. I think Liverpool's Coutinho business was absolutely brilliant.

Not really, that is a myth

- Klopp had joined in 2015, Liverpool had won a cup in 2012 (3 years earlier), we had been more than double that
- The previous decade they won 4 trophies (would be the second best decade of our history), we had won 1.
- Their income was consistently higher than ours
- Liverpool had 8 top 4 finishes and 11 top 6 finishes in the 15 years prior to Klopp, Spurs had 2 top 4 & 8 top 6.

Liverpool is a vastly bigger club, they stumbled for a 4 year period but we never caught up. It's the equivalent to West Ham in 5 years from now saying they failed to capitalize on that time they were ahead of Spurs.
 
Arsenal absolutely do want a CF and have been targetting Sesko previously and it is a source of frustration for their fans that they have not just 'paid the money'
 
Arsenal absolutely do want a CF and have been targetting Sesko previously and it is a source of frustration for their fans that they have not just 'paid the money'
I suppose the argument would be they are backing the manager by allowing him to construct the squad how he sees fit.

Even if he's being silly.
 
I suppose the argument would be they are backing the manager by allowing him to construct the squad how he sees fit.

Even if he's being silly.

That's not how the fans whose opinions I see see it- there's a lot of complaining that post Rice transfer that the club are leaving Arteta short in several key areas and believe it or not are 'happy to settle' for what they have (eg top 4 outside chance of title) rather than going the extra mile, they should have followed that window up with a Rice level CF & LWF. I post on another forum that is multi club and Arsenal are the most supported club by far so i believe i have a good measure of their opinions.
 
That's not how the fans whose opinions I see see it- there's a lot of complaining that post Rice transfer that the club are leaving Arteta short in several key areas and believe it or not are 'happy to settle' for what they have (eg top 4 outside chance of title) rather than going the extra mile, they should have followed that window up with a Rice level CF & LWF. I post on another forum that is multi club and Arsenal are the most supported club by far so i believe i have a good measure of their opinions.
Without knowing their finances it's hard to comment accurately.
 
Without knowing their finances it's hard to comment accurately.

In terms of whether the club is doing what it can or not i agree - i reckon they've likely blown their beans on the previous windows and are having to play smart in the meantime. In terms of the wider conversation in here club finances don't seem to come in to the equation when it comes to showing ambition...
 
In terms of whether the club is doing what it can or not i agree - i reckon they've likely blown their beans on the previous windows and are having to play smart in the meantime. In terms of the wider conversation in here club finances don't seem to come in to the equation when it comes to showing ambition...
I've said it all before, some of the terms used are rooted in emotion but fundamentally dictated by finance.
 
I’m not happy this season.

But when ENIC took over I thought we were already fudged, that we would never catch up with the CL teams, never play in the European Cup, let alone get to the final.

I think they have done an incredible job overall and where we have failed to convert that work into trophies I blame the players and the coaches.

I think a managerial change will work wonders and we’ll be in a much better place this time next year, largely due to the incredibly solid foundations ENIC have put in place.

YMMV

So if we win the Europa league this season is that largely down to ENIC?
 
...and hence you don't get over the line.

If Isak played for the Goons they would have....in my humble opinion

Perhaps, but i suspect it's more Arteta believing he can also create a title-winning team without one (trying to emulate Pep).
This summer for them (especially if they DON'T win the CL) will be very interesting/telling.

The longer you leave strengthening an obvious hole, he more expensive it gets
 
Perhaps, but i suspect it's more Arteta believing he can also create a title-winning team without one (trying to emulate Pep).
This summer for them (especially if they DON'T win the CL) will be very interesting/telling.

The longer you leave strengthening an obvious hole, he more expensive it gets
And the more arrogant/naive/stupid you look
 
Perhaps, but i suspect it's more Arteta believing he can also create a title-winning team without one (trying to emulate Pep).
This summer for them (especially if they DON'T win the CL) will be very interesting/telling.

The longer you leave strengthening an obvious hole, he more expensive it gets

I'm not intimate with the Arsenal squad but I'm guessing they are at the point where they have depth in most positions so spending £100m on a single player makes sense if they have the PSR runway. They are well run so probably do, even though they've ramped up the debt in recent years.

Then you have to ask yourself who fits the bill, and the answer is always Isak. I reckon they could really unsettle the player who has only 2 years left on his contract. He's only on £120k a week as well so plenty of scope for improvement there. Saudi Sportswashing Machine has to get this guy tied down to a deal or the writing will be on the wall for his exit.

Will be interesting to see who misses out on CL at the top out of the 4 clubs fighting for 3 places.
 
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