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Daniel Levy - Chairman

I honestly honk of an agent is stupid enough to use someone else wages as a reason to get a rise they shouldn’t be employed

Even more so if their using an administrative persons wages...

If I was levy I’d point to Gladys the tea lady and use her as their starting point
 
BrainOfLevy said:
Anyone reckon there's any legs in the 'players and advisors have noted their surprise as Levy's pay' stories today? Any chance it can impact the team spirit, the belief in the mission etc? Any chance it's fair enough that the players be a bit annoyed that they are told they can't earn the best wages in the league while the Chairman gets paid as top Chairman?

Obviously I totally hope not, and I reckon the squad really totally get it, and that if required the backdated nature of it will have been explained, I just wonder if there's any Rose-esque dimwits in the squad that want to make a point of their lack of understanding about business and let their agent ruin their career here for them.
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I saw that story first in The Times, written shortly after they published Levy's increase. It was buried in the footnotes of the accounts and the story about the player unrest was published less than 24 hours after the accounts.

We have to believe that the players either read the accounts carefully or read the Times website and then got together to discuss the issue, before being contacted by the journalists. All in less than a day.

No doubt, the players agents will use it to agitate moves for their players. Clearly some players feel underpaid and will see this as vindication for their position. But story about player unrest was pure brick-stirring.

Edit. The financial report was published on the Spurs website on Tues morning. The story on players being shocked was posted at midnight.
 
Go-to story for Spurs in the press is always money - whatever announcement came regarding the financial report there would have been something about players being unhappy
 
That sort of thing only happens in Sports. The top public employee in most US states is either a basketball or football (their kind) coach. They earn far more than the university presidents. The difference there is that athletes are unpaid. In the pros, though, the top stars get more than the coaches.

In entertainment, the top film stars probably earn more than directors and studio bosses. Authors of best sellers similarly. These are more freelance relationships, though.

P.S. It's a shame Levy's salary will remain a secret. If as reported the £6m includes elements for a back-dated wage increase, current bonuses and back-dated bonuses, the basic salary is probably not too much ahead of others. But the plan he set out for Enic — a new training facility, improvement in the team and a new stadium — has been delivered, along with increased revenues and profits for the company. He has succeed in all the business goals so it is not surprising there are substantial bonuses.
 
BrainOfLevy said:
Anyone reckon there's any legs in the 'players and advisors have noted their surprise as Levy's pay' stories today? Any chance it can impact the team spirit, the belief in the mission etc? Any chance it's fair enough that the players be a bit annoyed that they are told they can't earn the best wages in the league while the Chairman gets paid as top Chairman?

Obviously I totally hope not, and I reckon the squad really totally get it, and that if required the backdated nature of it will have been explained, I just wonder if there's any Rose-esque dimwits in the squad that want to make a point of their lack of understanding about business and let their agent ruin their career here for them.
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Wouldn't surprise me. Don't get me wrong, he's worth every penny and then some but it's only natural for those kind of thoughts to go through your head when you're entrenched in a contract negotiation. I'd expect the players to thinking more along the lines of the fact that we're moving stadium, revenue is increasing, the tv revenue is higher than it has ever been, therefore there must be some extra cash for me.
 
Jurgen the German said:
Wouldn't surprise me. Don't get me wrong, he's worth every penny and then some but it's only natural for those kind of thoughts to go through your head when you're entrenched in a contract negotiation. I'd expect the players to thinking more along the lines of the fact that we're moving stadium, revenue is increasing, the tv revenue is higher than it has ever been, therefore there must be some extra cash for me.
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As well as all of this, I'd suggest that (at least some of) the players concerned are highly unlikely to have (or attempt to acquire) the kind of understanding and, therefore, appreciation of the job Levy has done that many of us do, which will only further feed in to the kind of thinking that you describe.
 
Spur of the moment said:
That is all very logical but we all know it doesn't always work like that. More like, holy brick, he's rewarding himself with big bucks but obviously thinks I'm not worth it. Well I know I am so why hang around when others will be only too happy to cough up?
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That's not exactly the case though, is it? All this is bonuses, not a salary raise. The salary raise accounts for a fraction of his compensation for the year. And since players get bonuses too, it's not like he's being treated differently than them.
 
alekaras said:
That's not exactly the case though, is it? All this is bonuses, not a salary raise. The salary raise accounts for a fraction of his compensation for the year. And since players get bonuses too, it's not like he's being treated differently than them.
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I'm talking about the way the players' minds work. The Danny Roses amongst them that is.:eek:
 
Funny...a lot of people are seemingly onboard with the idea that it may cause a stir, or at least that agents wouldn’t be doing their job if they didn’t use it as leverage in their own negotiations. Is anyone then concerned this could affect our form? As @alekaras says, I hope it has been explained, but Levy does strike me as someone that doesn’t go overboard on mollycoddling if he doesn’t think he has to.

For what it’s worrh, I’m of the belief that contracts have broadly been agreed and that our wages will rise in line with expected new revenue from the stadium. Hopefully this is all a bit of a non story.
 
Our wages have dropped to 41% of revenue. An increase to 51% would still be among the best ratios and would provide £30m extra for wages. A £50m increase in wages would see our wages at 57% of turnover, same as Liverpool and mid-table. With the revenue increase there is plenty of scope to increase wages for critical players.



DZ7NzZJXkAAIAlF.jpg
 
jts1882 said:
Our wages have dropped to 41% of revenue. An increase to 51% would still be among the best ratios and would provide £30m extra for wages. A £50m increase in wages would see our wages at 57% of turnover, same as Liverpool and mid-table. With the revenue increase there is plenty of scope to increase wages for critical players.



DZ7NzZJXkAAIAlF.jpg
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I'm not great at economics, but hasn't our turnover increased because of borrowing for the stadium? I.e it isn't sustainable income increase like rises in sponsorship, matchday, tv or retail revenue.
 
Seedy Ron said:
They just need to look around the training ground they're currently stood in, or look at the emerging NWHL, to see why Levy is worth his pay. I don't think any of them are that thick tbh.



OK, maybe the Googler, but the others...
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This is true of course. But I'd be surprised if one or two (at least) don't consider those things the very least that they deserve. We're talking about relatively successful modern day premier league footballers don't forget. I doubt many outside Kane have much appreciation of the club's journey over Levy's full tenure, and therefore the true extent of what he's done.
 
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Gutter Boy said:
I'm not great at economics, but hasn't our turnover increased because of borrowing for the stadium? I.e it isn't sustainable income increase like rises in sponsorship, matchday, tv or retail revenue.
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No. Borrowing doesn't count toward turnover. Turnover is purely sales, ie the other items you mention.
 
jts1882 said:
I.

. But story about player unrest was pure brick-stirring.

.
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Bingo.


Seedy Ron said:
They just need to look around the training ground they're currently stood in, or look at the emerging NWHL, to see why Levy is worth his pay. I don't think any of them are that thick tbh.



OK, maybe the Googler, but the others...
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Do not lay money on that, having worked with youth football most of my life i know that most footballers are not the brightest of folks.
 
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