Levy discusses transfer plans, shoots down those Nike stadium rumours

mawspurs

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Tottenham Hotspur chairman Daniel Levy has been talking about the club's transfer problems and the new stadium, particularly the naming rights and those Nike rumours.

Source: Football London
 

Paolo10

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#5
  • DL said that transfers were tricky. If we could have sold XYZ and found someone better, we would have done it
  • DL said he was disappointed that the market was not as liquid as it had been previously
Déjà vu tbh.
 

Johnny J

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#6
  • DL said that transfers were tricky. If we could have sold XYZ and found someone better, we would have done it
  • DL said he was disappointed that the market was not as liquid as it had been previously
Déjà vu tbh.
The liquidity point is an odd one. Sounds like he was expecting it to somehow get easier.
 

Paolo10

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#7
I mean with prices going up and up and us not liking spending too much on fees or wages comparitively, it's bound to get...easier?
 

Vdvaart80

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#8
Also mentioned CL football next season will provide more flexibility. Sounds like excuses are being put forward already in case CL qualification is not achieved this season.

In case levy hasn’t noticed CL qualification last few seasons has hardly helped us in the transfer market !
 
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#9
2. ENIC and future plans for the Club
2.1 What was ENIC’s strategy and vision for the next 5 years?
  • DL started by going back to 2001, when the priority was to invest in the first team and become a European Club. That had been achieved
  • The strategy was to build the organic way, to produce their own players
  • It isn’t sustainable to spend more money than you earn in the long run
  • So, ENIC invested in the training facilities
  • And then in the stadium project, which started 18 years ago when the first pieces of land were acquired
  • The stadium has been a huge undertaking which shouldn’t be underestimated
  • It’s been a very stressful time for everyone involved and the staff have worked incredibly hard
  • The next aim is to get the stadium open and get it running effectively
  • The foundations are there for Spurs to be one of the biggest clubs in the world
  • The easy way to success is to spend big money on players. The harder way is to lay foundations. In DL’s view, that is fundamental to a sustainable football club
  • The ambition is to make Spurs regular Champions league contenders
  • He wants Spurs to compete at the highest possible level without jeopardising the Club
2.8 Plans for remaining competitive on field?
  • MG asked whether the amount for transfers was shrinking given the stadium outlay
  • DL said no. The fact that stadium costs had risen does not impact that number
  • DL said that with a debt of £637m, subject to reasonable assumption on interest rates, the net spend on players would not be affected
  • DL continued that UCL qualification gave more flexibility
  • There is a certain amount the Club wants to invest in the team. If players are sold, that amount increases.
  • MG asked if money wasn’t the issue, what had prevented us from adding to the squad over the last two windows
  • DL said that transfers were tricky. If we could have sold XYZ and found someone better, we would have done it
  • DL said he was disappointed that the market was not as liquid as it had been previously
  • DL also stressed the requirement for Tottenham’s squad to include more homegrown players. There were squad limits and we had reached the maximum for overseas players
  • MC explained that, while not understanding the complexities, people are worried that two windows have passed without investing in the team, the stadium has overrun and people are worried about us standing still
  • KL said the fans feel that the team was so close to winning and so close to taking that final step that the lack of investment in the playing side this year has been particularly distressing and frustrating
 

Archibald&Crooks

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#10
  • MC explained that, while not understanding the complexities, people are worried that two windows have passed without investing in the team, the stadium has overrun and people are worried about us standing still
  • KL said the fans feel that the team was so close to winning and so close to taking that final step that the lack of investment in the playing side this year has been particularly distressing and frustrating
What did longshanks say about these two items?
 

worcestersauce

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#12
These are the bits that concern me:-
  • MG asked whether the amount for transfers was shrinking given the stadium outlay
  • DL said no. The fact that stadium costs had risen does not impact that number
  • DL said that with a debt of £637m, subject to reasonable assumption on interest rates, the net spend on players would not be affected
Well that's rather disappointing I was hoping that with the new stadium the net spend would well and truly affected.
 

JCRD

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#13
I think this summer will be crazy when it comes to transfers.

Several clubs will be splashing the cash and I think we will be one of them (we will sell no doubt but we will buy heavily).
 

double0

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#14
Also mentioned CL football next season will provide more flexibility. Sounds like excuses are being put forward already in case CL qualification is not achieved this season.

In case levy hasn’t noticed CL qualification last few seasons has hardly helped us in the transfer market !
I don't see it as an excuse if we get CL we might not have to spend as much however we'd have to spend more to get back into contention.
 

davidmatzdorf

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#15
These are the bits that concern me:-
  • MG asked whether the amount for transfers was shrinking given the stadium outlay
  • DL said no. The fact that stadium costs had risen does not impact that number
  • DL said that with a debt of £637m, subject to reasonable assumption on interest rates, the net spend on players would not be affected
Well that's rather disappointing I was hoping that with the new stadium the net spend would well and truly affected.
I think his point is the opposite of what you are saying: that the stadium debt is in separate borrowing facilities, probably secured mainly on the asset of the NDP itself, whereas player trading comes out of general club funds and debt. Thus the capital cost of the stadium is unlikely to affect player trading negatively.

Over the next few years, especially after any profits from Phase 3 of the NDP are used to reduce the stadium debt, we can gradually look forward to the increased revenue from the stadium feeding into the club's general profitability and making player trading easier.
 

worcestersauce

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#16
I think his point is the opposite of what you are saying: that the stadium debt is in separate borrowing facilities, probably secured mainly on the asset of the NDP itself, whereas player trading comes out of general club funds and debt. Thus the capital cost of the stadium is unlikely to affect player trading negatively.

Over the next few years, especially after any profits from Phase 3 of the NDP are used to reduce the stadium debt, we can gradually look forward to the increased revenue from the stadium feeding into the club's general profitability and making player trading easier.
Yeah I get that I was just hoping that the net spend on players could rise a teensy weensy little bit with the extra revenue from the ground, my toungue was firmly in my cheek.:)
I know he was reassuring them that the stadium build wouldn't affect spending on players but people overlook that "the net spend on players will not be affected" cuts both ways, it may also mean that our net spend isn't going to rise which, I think you'll agree, would be rather disappointing.
 

Paolo10

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#17
Considering our 'net spend' is renowned for being unusually low, I wonder how large or small that particular number is.
 

davidmatzdorf

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#18
Yeah I get that I was just hoping that the net spend on players could rise a teensy weensy little bit with the extra revenue from the ground, my toungue was firmly in my cheek.:)
I know he was reassuring them that the stadium build wouldn't affect spending on players but people overlook that "the net spend on players will not be affected" cuts both ways, it may also mean that our net spend isn't going to rise which, I think you'll agree, would be rather disappointing.
Bovvered, TBH ;)

As I wrote on another thread this week, we spend plenty on a player when there is youth, talent, capacity for improvement and character in the same package. Record-setting transfer fees for Aurier, Sanchez and Sissoko would suggest as much, plus a fair whack for Lucas as well.

It's just not our business model, nor is it Pochettino's preferred team-building strategy, to buy ready-made stars. What we have been doing has been working, it has delivered us to a couple of rungs above our expected level on the ladder and I have no desire for the club to change its approach, as long as we keep qualifying for the Champions League. A club that perennially qualifies for the CL is good enough to win some trophies in good time.
 

Japhet

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#19
Bovvered, TBH ;)

As I wrote on another thread this week, we spend plenty on a player when there is youth, talent, capacity for improvement and character in the same package. Record-setting transfer fees for Aurier, Sanchez and Sissoko would suggest as much, plus a fair whack for Lucas as well.

It's just not our business model, nor is it Pochettino's preferred team-building strategy, to buy ready-made stars. What we have been doing has been working, it has delivered us to a couple of rungs above our expected level on the ladder and I have no desire for the club to change its approach, as long as we keep qualifying for the Champions League. A club that perennially qualifies for the CL is good enough to win some trophies in good time.
We're sailing a bit too close to the wind this year for my liking. Wait and see I guess.
 
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#20
I would hope if this is how things have been & are to remain moving forward, then we would invest significant money into our scouting network.

I read & hear stories here in Oz of clubs like Man Utd, Man City, Barca, Real and even Juventus watching kids and in some cases signing up kids as young as 12 & 14 years old. I have never heard the name Tottenham Hotspur in any of these articles. Is that down to scouting budgets ? Genuine question. In no way taking the piss.
 
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