- May 20, 2015
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Klinsmann wanted to go.He did then sell him almost immediately and replace him with Chris Armstrong...
Klinsmann wanted to go.He did then sell him almost immediately and replace him with Chris Armstrong...
Literally everything about Spurs is better than it was 20 years ago.Under Sugar we signed possibly the best striker in the world in Klinsmann and two stars of the World Cup that year in Popescu and Dumi. All in ONE window. ENIC have remodelled the club for their own gain - every penny for the stadium is either debt against the club or paid for out of profits generated. ENIC have not backed the club at all. It’s now a great asset to sell.
That’s what I mean by the last 20 years but if you want to admire a great business it is then go for it, but I’m more interested in the football club aspect.
I don't think anyone is ungrateful for how we've progressed under Levy, but let's be perfectly clear, ENIC have not paid for anything apart from their initial investment, they haven't paid for the stadium and they haven't plowed cash into the club for player purchases.
Klinsmann wanted to go.
Not the price of my Season Ticket ...Literally everything about Spurs is better than it was 20 years ago.
THISWhy should they. They’re an investment company. People just need to accept that.
Man City, Chelsea, PSG owners put their own money into the clubs but for other wholly unethical reasons that have nothing to do with their perceived love of football.
Didn't have to immediately sell him for half the cost and then replace him with Chris Armstrong for 3 times the price though
That was Alan Sugar's problem - he succeeding in progressively making us a bit crap whilst spending a lot of money doing it. You could argue that it took ENIC 10 years to recover from the last 3 or 4 of Sugar.
He did, klinsmann wanted out and tgat was the going rate for 30 year old forwards then.Didn't have to immediately sell him for half the cost and then replace him with Chris Armstrong for 3 times the price though
That was Alan Sugar's problem - he succeeding in progressively making us a bit crap whilst spending a lot of money doing it. You could argue that it took ENIC 10 years to recover from the last 3 or 4 of Sugar.
Klinsmann only signed for Spurs because Sugar agreed to the inclusion of an exit clause. When Bayern came calling, Sugar couldn’t do anything to stop it.
Mine's expensive too! Still less for a year than my mortgage is every month though...Not the price of my Season Ticket ...
My advice?Mine's expensive too! Still less for a year than my mortgage is every month though...
I think they have chucked a few more tens of millions in via share issues over the years as well. But, really, the only top teams that have owners that have ploughed their own money in to buy things the club otherwise wouldn't have been able to afford are Man City and Chelsea* - and technically Chelsea actually owe Abramovich over £1bn - so I don't think we can really be feeling hard done by.
*Maybe Leicester as well. I have some recollection that next time they get relegated they'll start on negative points due to breaking Championship FFP rules in order to promoted.
Why should they. They’re an investment company. People just need to accept that.
Man City, Chelsea, PSG owners put their own money into the clubs but for other wholly unethical reasons that have nothing to do with their perceived love of football.
Fair enough. For the record I didn't think you were complaining about the way they've done things with how the club is financed.I don't feel hard done by, I'm just getting annoyed with people saying that ENIC have paid for the stadium, training facilities etc etc which they haven't that has been paid for by the club that debt is on the club not ENIC
Someone asked jj on Twitter - “do we have any chance on Bruno”
JJ- yes if we want to
I don't feel hard done by, I'm just getting annoyed with people saying that ENIC have paid for the stadium, training facilities etc etc which they haven't that has been paid for by the club that debt is on the club not ENIC
IIRC, they put £50m towards property purchases. But, broadly speaking, the money for the facilities has come from club revenue and borrowing. ENIC have done well in overseeing the whole process.You'd have to look at the full financial picture. It's an incredible compliment to DL if you believe he could finance Hotspur Way, buying all the land around the stadium (which started in the early 00's), plus the industrial estate purchase and build to relocate the businesses, and the private jet company etc. etc. and then also clear all of our debts by 2015 (ref https://www.dailymail.co.uk/sport/f...-guide-Premier-League-s-financial-health.html - by this point, it was a clear site with just Archway left).
The current debt is the stadium build debt, but none of the above is debt or owed elsewhere (the accounts are public access), so if they haven't, it's a phenomenal achievement (in that, I don't believe it is at all possible that ENIC or DL haven't put money in to achieve this).
It's crazy how negative our own fanbase is about it.