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Daniel Levy - Chairman

Well this window is a little more exciting than the usual January transfer window.

I wonder when people are going to accept we know nothing about the club's ability/goals in transfer market

Last 6 months - Clarke, Sessegnon, Lo Celso, N'dombele, Gedson, Bergwijin (3 of those over 30M+), with likely another one at least this window

If we get rid of Eriksen, Rose, KWP and maybe Wanyama this window, it would be a significant refresh of squad.

I still think the next two years will be very different to what the narrative or precedent we are accustomed to as the new revenue streams make an impact.
 
https://www.independent.co.uk/sport...eriksen-pochettino-mourinho-epl-a9310661.html

A very interesting read.

The sad reality of it all is that we are a half way house. On the one hand we have gone all in on a manager, effectively spending money that only the big clubs would and could. But, when it comes to players we're in a whole world of our own. I have to admit I am impressed with our purchases, they see quite a fair amount of money to commit to (Ndombele) and shrewd negotiation (Lo Celso) but when it comes to the big name signing sometning has to happen for it to end in pure door slamming frustration (Dybala and Bale).

Whilst there is no doubt ENIC have done a very good job, what we have seen under their tenure is simply an evolution, a straightening of the human back in Darwinian theory before you see man fully upright and walking. Our motto Audere est facere was non-existent under Sugar after he saved the club with it now being replaced by 'close, but no cigar'.

The business model has no doubt been very shrewd but it has once again back fired on us. However, what goes up most come down and if you look at Tottenham trends over the past 15 years, there does seem to be a bust before a boom (Hoodle/Pleat bust Jol boom, Ramos bust Redknapp boom and AVB/Sherwood bust Pochettino boom). But one thing seems to be almost certain, if you want to win leagues and Champions Leagues, you need spend big and we have a manager famed for that. However, his most famous and initial success was with a team in a similar position of our own, well, in the Champions Leage at least.

Whether Levy staying or going is the answer I don't know but what I do know is the close but no cigar may be rid on the pitch if it is rid off the pitch.
 
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My guess is that we went over budget on the stadium by somewhere between 200 and 300 million quid. It is that 200 to 300 million that could've/would've been spent on the squad over the last 3 years that would've ensured it didn't go so stale. I think now that we're carrying such a ridiculously high level of debt it is probably impossible for the club to take on any more borrowings so when we have a scenario such as Harry Kane getting injured and us not having a single other striker in the squad our hands remain tied and we'll have to trundle along with results suffering.
That's not how corporate finance works.
 
Big money will come in 3-5 years. We're already exceeding expectations by challenging for top honours despite the stadium constraints. One final push to maximise the sponsorships. Be patient. Never a better time to be a spurs fan. We're nearly there.
https://www.independent.co.uk/sport...eriksen-pochettino-mourinho-epl-a9310661.html

A very interesting read.

The sad reality of it all is that we are a half way house. On the one hand we have gone all in on a manager, effectively spending money that only the big clubs would and could. But, when it comes to players we're in a whole world of our own. I have to admit I am impressed with our purchases, they see quite a fair amount of money to commit to (Ndombele) and shrewd negotiation (Lo Celso) but when it comes to the big name signing sometning has to happen for it to end in pure door slamming frustration (Dybala and Bale).

Whilst there is no doubt ENIC have done a very good job, what we have seen under their tenure is simply an evolution, a straightening of the human back in Darwinian theory before you see man fully upright and walking. Our motto Audere est facere was non-existent under Sugar after he saved the club with it now being replaced by 'close, but no cigar'.

The business model has no doubt been very shrewd but it has once again back fired on us. However, what goes up most come down and if you look at Tottenham trends over the past 15 years, there does seem to be a bust before a boom (Hoodle/Pleat bust Jol boom, Ramos bust Redknapp boom and AVB/Sherwood bust Pochettino boom). But one thing seems to be almost certain, if you want to win leagues and Champions Leagues, you need spend big and we have a manager famed for that. However, his most famous and initial success was with a team in a similar position of our own, well, in the Champions Leage at least.

Whether Levy staying or going is the answer I don't know but what I do know is the close but no cigar may be rid on the pitch if it is rid off the pitch.

Sent from my SM-T865 using glory-glory.co.uk mobile app
 
Big money will come in 3-5 years. We're already exceeding expectations by challenging for top honours despite the stadium constraints. One final push to maximise the sponsorships. Be patient. Never a better time to be a spurs fan. We're nearly there.

Sent from my SM-T865 using glory-glory.co.uk mobile app
Didn’t Arsenal fans think that after their stadium was completed? I may be alone in thinking this, but new stadiums have not proven to be golden tickets to trophies. Success on the pitch usually breeds more success on and off it. I can’t help but wonder if Enic had invested more in the squad earlier we would be in a stronger position now.
 
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Didn’t Arsenal fans think that after their stadium was completed? I may be alone in thinking this, but new stadiums have not proven to be golden tickets to trophies. Success on the pitch usually breeds more success on and off it. I can’t help but wonder if Enic had invested more in the squad earlier we would be in a stronger position now.

It certainly helped them increase their wage bill and hold onto in demand players
 
Because we don’t agree with your point of view?

Who's we? I was just making a joke about weapons like this.

NINTCHDBPICT000554425339.jpg
 
Great so they held on to Mesut Ozil. Didn’t bring them trophies though.

I'm agreeing with you that it will probably have limited impact on our transfer budget but might allow us to spend more on wages. Where we do have one up on Arsenal and all other Premier League clubs is that our match day revenue is so much higher because people are spending longer, and spending more, in the stadium.
 
Didn’t Arsenal fans think that after their stadium was completed? I may be alone in thinking this, but new stadiums have not proven to be golden tickets to trophies. Success on the pitch usually breeds more success on and off it. I can’t help but wonder if Enic had invested more in the squad earlier we would be in a stronger position now.

Oh its very different. Arsenal was attracting and paying top dollar before their new stadium was built.

Look we are able to retain Kane quite comfortably now.
If we had kane and the old WHL I would think we'd see him go like Sheringham, Berbatov, Modric and Bale, where we had no choice.
 
Didn’t Arsenal fans think that after their stadium was completed? I may be alone in thinking this, but new stadiums have not proven to be golden tickets to trophies. Success on the pitch usually breeds more success on and off it. I can’t help but wonder if Enic had invested more in the squad earlier we would be in a stronger position now.

Arsenal was/is different

- They fudged up the real estate part (apartments if I remember correctly)
- I suspect they financed at higher rates
- They would have built the stadium on expectations of CL revenue
- Their stadium isn't multi-use
- Their main issues stem from not managing the decline or Wenger and lack of overall strategy

With all of that, they have been able to spend significantly on squad acquisitions and wages

Compare to us

- Levy made money from even the fudging cranes in the project
- Some of the lowest interest rates in history
- Yes, costs went up due to Brexit issues, but we had budgeted against non-CL revenue and without the massive increases of PL money that happened (this was planned 10 years ago)
- The stadium is multi-use and the NFL deal
- We are obviously so comfortable money wise we haven't forced the naming rights
- We haven't even seen a full season of that revenue and we made it top 8 clubs in the world income.

I really wish people would not argue money/revenue for Spurs, Levy may have faults, he may have learnt a lot of football lessons along the way but when it comes to money he has repeatedly proven himself without peers in the game.

The challenge for us will be spending the money the right way, which is why all the talk of the Lille DoF is encouraging
 
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