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ENIC

Without delving into the detail I agree.

Liverpool and Arsenal are well within the same orbit as us. And the reason they are important is they have shown they can be successful with those similar resources. (Although Arsenal haven't been successful yet, let's remind ourselves).

So beyond them maybe having a bit more legacy pull than us when chasing players, it is possible to achieve.

One thing I would say, is I know Man U, Liverpool and Arsenal fans that looked at us with envy during Pochs time here (although Liverpool then started to reap the benefits of their Messiah arriving).
And we certainly didn't have more money then, just simply a manager that knew what he was doing.

Agreed with your last point, and this ties into what @Muttley was saying. I also agree that I’d like us to be as successful as possible within this new financial paradigm we have. Unfortunately we’ve made routinely terrible decisions on the football side. Haven’t shown patience with the right people. But Poch showed what was possible during his run.
 
Here's the version for annual revenue

Watch Spurs desperately clinging onto the relegation places, getting relegated, getting promoted, relegated, promoted, clawing our way up.

We start at half of Bayern and a third of MNU, and we claw our way back up towards them, overtaking Cheats.

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@Raziel Operationally the club has been the 2nd most profitable in the Premierleague since we got out of Covid and the stadium was in full use.

The reported losses are primarily accounting losses caused by stadium depreciation and not because the club is losing cash. Depreciation is deductible for accounting purposes and lowers the tax burden on the club as well.

Understood, and will probably answer will a little more detail later .. the two quick points would be, 1/very few really makes money in PL consistently, 2/The issue with us is more (IIRC, when last I looked at the numbers) cash flow, not trying to say the club has any real financial problems (the point was more to the people who think us having PSR margin and being the 9th highest revenue meant the club was sitting on some 400M of cash or whatever)
 
Here's the version for annual revenue

Watch Spurs desperately clinging onto the relegation places, getting relegated, getting promoted, relegated, promoted, clawing our way up.

We start at half of Bayern and a third of MNU, and we claw our way back up towards them, overtaking Cheats.

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

That we were in the top 20 and at times in the top 15 with a 36k stadium and a team sitting in mid table and no European football and before the Premiership TV deals globally exploded just proves what a massive club we are to be honest.

Credit does absolutely go to Levy & ENIC for building on that. But they needed the existing fanbase and history of Spurs to build upon in the first place. Had they taken over Charlton Athletic who finished above us in 2001 I am sure they would be in a better place than they are today but there wouldn’t be a 62,000 seat space ship in south London that’s home to a club generating £750M+ this year.
 
That we were in the top 20 and at times in the top 15 with a 36k stadium and a team sitting in mid table and no European football and before the Premiership TV deals globally exploded just proves what a massive club we are to be honest.

Credit does absolutely go to Levy & ENIC for building on that. But they needed the existing fanbase and history of Spurs to build upon in the first place. Had they taken over Charlton Athletic who finished above us in 2001 I am sure they would be in a better place than they are today but there wouldn’t be a 62,000 seat space ship in south London that’s home to a club generating £750M+ this year.

Of course, but TBF there was an abyss from the 100m or Man United and us on 36m a year revenue in like 95/96, in fact it the gap grew further at the 90s went on, to being on equal footing with some absolute historic giants of the game now. Yes it was built on some foundations, but the ground made up is staggering revenue wise.
 
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