Bless.
- Gold himself plans to take a break from football coverage, feeling exhausted from the constant disappointment Spurs have brought this season.
- Spurs can’t form a coherent transfer strategy because they:
- Don’t know who the manager will be.
- Don’t know who the director of football will be.
- Don’t know if a partial or full takeover is imminent.
- Without answers, scouting, contract planning, and backroom appointments are all delayed.
Manager | Total Transfer Spend | Spend/Season | Net Spend |
---|---|---|---|
Postecoglou | ~£470–500m (2 seasons) | £235m | £310m |
Pochettino | £424m (5 years) | £71m | £122m |
Conte | £189m (1.5 years) | £126m | £123m |
Mourinho | ~£71m | £71m | — |
Nuno | ~£60m | £60m | — |
Since AVB | £1.3 billion total transfer spend (gross) |
Notably: Postecoglou has received the highest transfer backing in Spurs history on a per-season basis and overall net spend.
Club | Turnover (5 yrs) | Transfer Spend | Wages | Total Outlay as % of Revenue |
---|---|---|---|---|
Liverpool | £2.8B | £425M | £1.8B | ~79% |
Spurs | Lower than LFC | £719M | Lower | ~78% |
Arsenal | Comparable to Spurs | Similar | Slightly lower | ~85–90% recently |
Despite lower revenue, Spurs match Liverpool and Arsenal in investment as a % of income, hitting ~90% in 2024.
Matchday & commercial revenues have more than doubled.
Has Spurs backed their managers?
Spending ≠ Smart spending.
“Tottenham back their managers with money, but not always with structure, continuity, or aligned decision-making. The hope is that the recent changes mark a turning point.”