I think the trust has summarized it pretty well:
THFC’s inability to make any improvements during the summer transfer window to a squad that is so close to achieving great things has dismayed many fans.
As a Supporters’ Trust, it is not our job to involve ourselves in on-field matters. But we have a responsibility to voice the concerns of our fans about the Club’s ambition and strategy on the pitch. And to ask for a full and believable explanation of how this transfer window has played out.
We do not believe in spending money or signing players for the sake of it. We recognise the achievement in keeping our squad together, for now at least, and in getting key players to agree new contracts. And we commend manager Mauricio Pochettino’s professionalism in his deadline day press conference. He has shown once again his ability to make the most of what he is given.
We have much to be proud of at Spurs. Nine of our players featured in the World Cup semi-finals. Over the last few years, a manager we revere has forged an exciting team that has challenged for top honours. And more fans than the Club cares to acknowledge recognise the challenges and achievements of running a sustainable business and building a top class stadium.
But fans come to watch the team. A team that will start the season with many of its key members still tired after the World Cup. And a squad that most rational observers would agree could benefit from more depth. It is not unreasonable to question if it was really the case that, alone among Europe’s top clubs, Spurs could find no player who would improve their squad while our rivals strengthened theirs.
Earlier this year, the Club objected to THST’s criticism of steep ticket price rises. It told us we could not expect players to be signed or wages to be competitive while we opposed those ticket price rises. Fans have paid the prices asked. And yet no signings have been made.
We know that gate receipts are no longer as fundamental as they once were for financing transfer fees or wages. But ticketing income at Spurs is now higher than it has ever been. We are curious as to what that money has been used for. We have been told the stadium build will not affect transfer spending.
We are told that we don’t have to sign players because we develop our youth. Yet four of our most promising prospects left the Club this summer. Of the current first team squad, just two regulars have come up through the ranks.
We love what has been developed, but for all the great football we’ve seen over the last few seasons, there are no trophies to show.
We have the highest paid Chairman in the Premier League. Our fans pay some of the highest prices in world football. Our support for our team and our admiration for what has been achieved remains strong. However, we believe fans are entitled to a full and credible explanation of what has happened this summer.
THST Board
9 August 2018