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Is Levy getting blamed for Lewis mistakes?

JCRD

Well-Known Member
Aug 10, 2018
19,153
30,013
I am not going to blame anyone because it is what it is - if we have no money we have no money - its that simple really

But, and this isnt being said in light of todays defeat but a question that whenever i watch us or even think of Spurs I wonder - where do we go from here and particularly after this season? I do think we are at a crossroads this summer and it will be telling on where we see ourselves and the short to medium term future.
 

Lighty64

I believe
Aug 24, 2010
10,400
12,476
You certainly did

and still am

I honestly can't believe that after 17 years we have gone from a club that was mid table or worst for 9-10 seasons and can't see we have made massive progress, have great training facilities, hopefully soon to have an amazing stadium. yes we have a manager that's worked on a shoestring, that's because the stadium has taken it's toll, but Jol got us going in the right direction, and Harry did pretty well so it's not just Poch. foundations where there and went horribly wrong for AVB after selling Bale.

if ENIC are going to sell us, no new owner will take it on with the debt, and I can't see ENIC selling until the rest of the development is finished and sold, because that will equal big profits once sold

we never the foundations to be able to compete with the money Chelsea, then City have thrown at winning their trophies, and in the old stadium we was never going to have enough to be able to pay the wages the other clubs could offer. we was in the wrong place when the PL was formed and the introduction of the CL. Man U, Arsenal and Liverpool have been making mega profits since the early 90's and then Chelsea and City were taken over.
 

vegassd

The ghost of Johnny Cash
Aug 5, 2006
3,360
3,340
if ENIC are going to sell us, no new owner will take it on with the debt, and I can't see ENIC selling until the rest of the development is finished and sold, because that will equal big profits once sold
We might be surprised by the people who would still buy. If we have the planning permissions and structural design work for the apartments complete already, and if there's other positive news regarding the Love Lane estate and general surrounding area then some may see it as an attractive investment. There's a PL/CL football club with the potential to become very famous plus the money-making side of the NDP, especially if property values in the area increase.

Not that I would want to see us sold btw, and I think that a sugar daddy investor would have plenty of other more affordable options if they really wanted a PL club. But the debt will have all been planned/leveraged against the expected revenues from the stadium and would be seen as a manageable debt from a business point of view. That's my take anyway.

Over the next few years we are hopefully going to see the next phase of the ENIC plan, and whilst I know a lot of people will be cynical about it I think that we will finally get to reap the benefits of the years of playing Scrooge in the transfer market. It's hard to criticise fans for believing that a bit of extra spending here or there would have seen a better trophy return (because it's almost certainly true) but I don't think it would have got us to a position of competing year after year. Given our budget it just wouldn't have been sustainable.

That chap you were chatting to on Twitter is a fairly good example of the split in fan mentality I think. He's clearly passionate about the club and wants to see us win things, but that desire to win something RIGHT NOW has trumped the desire to win things on a consistent basis. Apparently it's also destroyed his understanding of grammar! :bag:

If we win 10 trophies in the next 10 years there will still be fans who believe that ENIC are terrible and it could have been so much better - and they will have something of a point. However, where I personally think ENIC have succeeded is that any trophy success we enjoy over the next few years will be based around having a very good setup rather than having a lucky year. You can argue that any team winning any trophy will need a bit of luck along the way, but at least we aren't relying on that "once in a blue moon" kind of cup run luck any more.
 

jurgen

Busy ****
Jul 5, 2008
6,744
17,317
Quite a few ifs in there, not least if Enic use the revenue from the stadium to pump into the team in the future, which is by no means guaranteed.
 

Lighty64

I believe
Aug 24, 2010
10,400
12,476
Quite a few ifs in there, not least if Enic use the revenue from the stadium to pump into the team in the future, which is by no means guaranteed.

before the stadium started to really hit our spending we wasn't the lowest of spenders. in fact we were 3rd highest spenders, but hey ho Levy doesn't spend

1547562218119.png
 

JayB

Well-Known Member
Aug 24, 2011
6,659
26,067
before the stadium started to really hit our spending we wasn't the lowest of spenders. in fact we were 3rd highest spenders, but hey ho Levy doesn't spend

View attachment 44222
This just shows how much the stadium has affected our transfer spending, despite all of the (blatantly dishonest) posturing from the club to the contrary.

For a decade we had an average net spend of £23.5m per year. That was before the TV deals and before we were achieving regular CL qualification. Our revenue has absolutely skyrocketed in the time since, but we've spent fuck all in the market with the singular exception of the Sissoko transfer, which accounts for the entirety of our net transfer spend during the period in question.

I hope Levy will prove me wrong, but I can't help but feel that we will remain paralyzed in the market until the stadium finances are sorted. We don't even know the final cost yet, and won't until we've moved in -- each additional game we have to play in front of 40,000 at Wembley is costing the club millions in additional rent and lost ticket revenue. The naming rights deal has yet to be struck.

Given the glaring disparity between the figures in the image above and the way we have acted in the time since, it's bordering on impossible to imagine that Levy will invest the tens of millions necessary to address the glaring weaknesses in the squad that have been allowed to fester.
 

13VanDerBale13

Well-Known Member
Jul 12, 2011
14,388
33,899
honestly if we dont sign anyone this window after hearing the kane news, let alone the sissoko news, all hell will break loose as if things werent already looking grim
 

SugarRay

Well-Known Member
Jul 6, 2011
7,984
11,110
honestly if we dont sign anyone this window after hearing the kane news, let alone the sissoko news, all hell will break loose as if things werent already looking grim

It’s results dependant. We fail to win Sunday then go out against Chelsea, which looks likely, ( more ) people will lose their shit.
 

SugarRay

Well-Known Member
Jul 6, 2011
7,984
11,110
I am not going to blame anyone because it is what it is - if we have no money we have no money - its that simple really

But, and this isnt being said in light of todays defeat but a question that whenever i watch us or even think of Spurs I wonder - where do we go from here and particularly after this season? I do think we are at a crossroads this summer and it will be telling on where we see ourselves and the short to medium term future.

It’s a massive summer. It would be so Tottenham-esque, to spend all this time and energy getting the new stadium only for us to move in with the weakest side we’ve had in the last five years, with sky reverting back to their top 5 because we’re batting off challenges from Everton and Leicester for 6th...

I’m not sold on that outcome but, I’m not confident of it being that unrealistic. If we lose Eriksen along with Toby, we are 6th looking over our shoulder.
 

riggi

Well-Known Member
Jun 24, 2008
48,528
104,903
It’s results dependant. We fail to win Sunday then go out against Chelsea, which looks likely, ( more ) people will lose their shit.

I think people will just not go to Wembley. Obviously it won't be empty but nothing will kick off untill we're back at whl.
 

Archibald&Crooks

Aegina Expat
Admin
Feb 1, 2005
55,590
205,123
A few interesting quotes from 18 months ago. I've included the whole article but really there are only one or two bits that caught my eye.

July 2017

“My view is that it’s totally unsustainable,” Levy said after ringing the Nasdaq opening bell in Times Square on Spurs’ pre-season tour of the US. “I’m not sure if that’s the view of the other Premier League clubs, but certainly the prices that are being paid for other Premier League players, I can’t see it being sustainable in the long term. We’ve managed the club, we think, in a very appropriate way.

“I think I am a custodian of this football club. This club has been around since 1882 and when I leave it will be somebody else. I think we have a duty to manage the club appropriately. I don’t think that long term for any club it’s sustainable to spend more than you earn. You can have periods where you do but over the long term you can’t.

“I think that some of the activity that’s going on at the moment is just impossible to be sustainable. If somebody is spending £200m more than they’re earning then eventually it catches up with you. You can’t keep doing it. We’ve invested a lot of money in physical facilities for long-term growth. So we’ve got one of the world’s best training facilities. We’ve invested over £100m in that facility.

“We’re now investing in the stadium. The stadium is fundamental because with that we get more fans and more income and that’s the way to clearly have a more sustainable business. At the same time the academy is important because we can produce our own players. We don’t have to go and spend £20, £30m, £40m on a player and obviously that homegrown player has an affinity with the club that a player we buy doesn’t.

“That’s what the fans want to see. They want to have that passion. That’s what you get with a homegrown player and that’s why people love Harry Kane and sing that he’s one of our own.”

Tottenham are currently building their new 61,000-seat stadium, which is expected to cost around £750m and is scheduled to open next year.

“Obviously when you’re building a stadium of this magnitude and it all has to be privately financed – there’s no state help whatsoever – it is a challenge,” Levy added.

“We have to find the right balance but I can honestly say it is not impacting us on transfer activity because we are not yet in a place where we have found a player that we want to buy who we cannot afford to buy.”


I find the bit I've put in bold particularly interesting but also, the part about homegrown players. If you've ever sung 'he's one of our own', look at what you did :D
 

eddiev14

SC Supporter
Jan 18, 2005
7,173
19,679
A few interesting quotes from 18 months ago. I've included the whole article but really there are only one or two bits that caught my eye.

July 2017

“My view is that it’s totally unsustainable,” Levy said after ringing the Nasdaq opening bell in Times Square on Spurs’ pre-season tour of the US. “I’m not sure if that’s the view of the other Premier League clubs, but certainly the prices that are being paid for other Premier League players, I can’t see it being sustainable in the long term. We’ve managed the club, we think, in a very appropriate way.

“I think I am a custodian of this football club. This club has been around since 1882 and when I leave it will be somebody else. I think we have a duty to manage the club appropriately. I don’t think that long term for any club it’s sustainable to spend more than you earn. You can have periods where you do but over the long term you can’t.

“I think that some of the activity that’s going on at the moment is just impossible to be sustainable. If somebody is spending £200m more than they’re earning then eventually it catches up with you. You can’t keep doing it. We’ve invested a lot of money in physical facilities for long-term growth. So we’ve got one of the world’s best training facilities. We’ve invested over £100m in that facility.

“We’re now investing in the stadium. The stadium is fundamental because with that we get more fans and more income and that’s the way to clearly have a more sustainable business. At the same time the academy is important because we can produce our own players. We don’t have to go and spend £20, £30m, £40m on a player and obviously that homegrown player has an affinity with the club that a player we buy doesn’t.

“That’s what the fans want to see. They want to have that passion. That’s what you get with a homegrown player and that’s why people love Harry Kane and sing that he’s one of our own.”

Tottenham are currently building their new 61,000-seat stadium, which is expected to cost around £750m and is scheduled to open next year.

“Obviously when you’re building a stadium of this magnitude and it all has to be privately financed – there’s no state help whatsoever – it is a challenge,” Levy added.

“We have to find the right balance but I can honestly say it is not impacting us on transfer activity because we are not yet in a place where we have found a player that we want to buy who we cannot afford to buy.”

I find the bit I've put in bold particularly interesting but also, the part about homegrown players. If you've ever sung 'he's one of our own', look at what you did :D

:D

Regarding the bit in bold, the quote was from nearly 2 years ago now and, given how the transfer fees have jumped even further in that time, I guarantee it's not true now.
 
D

Deleted member 27995

I understand why people get frustrated with the way in which Levy conducts business when you read things such as this 18 months on.

I don't mind admitting as a fan that I am finding the clubs stance on transfers (and lack there of) frustrating.
 

wrd

Well-Known Member
Aug 22, 2014
13,603
58,005
A few interesting quotes from 18 months ago. I've included the whole article but really there are only one or two bits that caught my eye.

July 2017

“My view is that it’s totally unsustainable,” Levy said after ringing the Nasdaq opening bell in Times Square on Spurs’ pre-season tour of the US. “I’m not sure if that’s the view of the other Premier League clubs, but certainly the prices that are being paid for other Premier League players, I can’t see it being sustainable in the long term. We’ve managed the club, we think, in a very appropriate way.

“I think I am a custodian of this football club. This club has been around since 1882 and when I leave it will be somebody else. I think we have a duty to manage the club appropriately. I don’t think that long term for any club it’s sustainable to spend more than you earn. You can have periods where you do but over the long term you can’t.

“I think that some of the activity that’s going on at the moment is just impossible to be sustainable. If somebody is spending £200m more than they’re earning then eventually it catches up with you. You can’t keep doing it. We’ve invested a lot of money in physical facilities for long-term growth. So we’ve got one of the world’s best training facilities. We’ve invested over £100m in that facility.

“We’re now investing in the stadium. The stadium is fundamental because with that we get more fans and more income and that’s the way to clearly have a more sustainable business. At the same time the academy is important because we can produce our own players. We don’t have to go and spend £20, £30m, £40m on a player and obviously that homegrown player has an affinity with the club that a player we buy doesn’t.

“That’s what the fans want to see. They want to have that passion. That’s what you get with a homegrown player and that’s why people love Harry Kane and sing that he’s one of our own.”

Tottenham are currently building their new 61,000-seat stadium, which is expected to cost around £750m and is scheduled to open next year.

“Obviously when you’re building a stadium of this magnitude and it all has to be privately financed – there’s no state help whatsoever – it is a challenge,” Levy added.

“We have to find the right balance but I can honestly say it is not impacting us on transfer activity because we are not yet in a place where we have found a player that we want to buy who we cannot afford to buy.”

I find the bit I've put in bold particularly interesting but also, the part about homegrown players. If you've ever sung 'he's one of our own', look at what you did :D

Hes actually said this twice also, coupled with that meeting with the supporters where they said about ticket prices needed if we wanted to sign top players.

Im just confused though as Ive been told theres no evidence.
 
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