Holtby move made permanent

[JimmyG2]

We're an investment company. Buy players whose contracts are running out for a low fee and sell them for a profit. This is indisputable and the reason we buy players in positions that we simply don't need even when they aren't an improvement on what we already have. If we get success on the pitch as a by product of our investment strategy, then ENIC would no doubt be delighted, but let's not forget the sole objective of an Investment Trust, such as the former English National Investment Company.

Wouldn't the Investment Company make a lot more money
if they bought players in positions that we needed
that would improve the team and its performance
and got into the CL regularly
and then had quality players interested in coming to us.

It's not about the football Jimmy.
Quite soon Spurs fans will get more pleasure
reading the balance sheet
than they do watching the football.

 

[benny]

We're an investment company. Buy players whose contracts are running out for a low fee and sell them for a profit. This is indisputable and the reason we buy players in positions that we simply don't need even when they aren't an improvement on what we already have. If we get success on the pitch as a by product of our investment strategy, then ENIC would no doubt be delighted, but let's not forget the sole objective of an Investment Trust, such as the former English National Investment Company.

The problem is, in this case - his wages. I have read several times that they were in the region of £70K a week (~ £3.6m per year)

So, doing the math here:

- Purchased @ £1.5m
- 12 Months Salary (Jan 13 - Jan 14) ~ £3.6m
- 6 Months loan at Fulham - not sure if there was a loan fee, and whether they paid 100% of the wages. i'm guessing they couldn't afford both.
- 2 Months of preseason ~ £0.6M
- 10 Months loan at Hamburg - again not sure their contribution.

Assuming that while on loan, his wages were off the books completely, that means he still cost in the region of £5m-£6m for the 25(?) appearances he made for the club.

The figures could be slightly higher or lower, but there is not really any profit here. It wasn't a bad gamble, as there was not a huge loss and I guess the thinking was that he could have turned out to be a great bargain signing.

The wages though were high enough that he wasn't suitable to keep as a squad player. I think it was the same sort of thing as with Pienaar, on high wages, so there was no profit to be made unless they turned into a mega star, but again, no huge loss involved.

 

[AmericanSpur]

Possibly but he came across as the kind of guy who would fight and let's be honest he always gave 100 percent and ran his socks off, always fought for the shirt I liked the little guy.

I definitely agree regarding his perceived attitude. I wish he would have made it as he had a good fiery personality. its all conjecture anyway.

 

[penfold_99]

Right player but wrong time! He would be better suited to a poch team than a AVB/Sherwood one.

Shame the loan had an option as his pressing was second to none in a team of could be asses.

 

[not_tenth-again]

I wonder if his price counted against him, Paulinho 17 mill Capoue what 9-11 mill had to be given more of a chance to impress.

Possibly, I think it was as much about wages though.67k for a bench player is a lot. He was probably the only high paid player willing to be loaned... so he was loaned.

Anyway, good luck to him.

 

[blackburn]

A friend of mine was on the staff at Fulham while he was there, holtby was considered "big time" by the other players. Sherwood loved youth but had no time for him.

 

[Spurs 1961]

Hope he does well. Liked his attitude on the pitch which is more than I can say for a lot of players

 

[double0]

How much did he go for?

 

[chinaman]

Anyone know the fee?

 

[kr1978]

How much did he go for?

Anyone know the fee?

6.5m euros or £4.6m according to the Guardian.

http://www.theguardian.com/football/2015/jul/01/tottenham-hotspur-sell-lewis-holtby-hamburg

 

[chinaman]

6.5m euros or £4.6m according to the Guardian.

http://www.theguardian.com/football/2015/jul/01/tottenham-hotspur-sell-lewis-holtby-hamburg

Thanks for the info. We've made a little profit there then.