New Stadium will not impact on transfer budget, says Daniel Levy

[Mullers]

Daniel Levy has told Tottenham fans that the club’s transfer policy will remain unaffected by their plans for a new stadium.

Read the full article at Evening Standard

 

[Spurger King]

"We'll continue to strive to break even at the expense of key areas of the first team. The stadium isn't going to make it any worse than it already is."

 

[Chris_D]

Struggle to believe this one. It's going to be our biggest outlay so it's bound to have some impact on other areas.

 

[npearl4spurs]

"Low-balling is what we do best, and the stadium won't change that."

 

[slartibartfast]

No impact on our zero net spend?

Very reassuring.

 

[yankspurs]

Struggle to believe this one. It's going to be our biggest outlay so it's bound to have some impact on other areas.

Eh? This is absolutely believable. We have no set discernable transfer budget. Our "transfer budget" is our transfer policy, which is not spending much more than we make on sales. We pay for the stadium, wage budget and operating expenses with the tv/prize money, match day and commercial money. We've secured a loan facility for the new stadium if needed and we'll have a naming rights deal for it as well.

What I will say is, we are kidding ourselves if we expect it to significantly effect our spending immediately. Once we are in the stadium, it'll be a few years more of not spending more than we take in as we'll have a large debt to pay off. The challange is keeping the club competitive on the pitch during that time so fans will still go to the games and find it being worth their while as ticket pricing and food/drink pricing will have to rise, as will merchandise price.

 

[greywizard2020]

The team still needs to streamline; the likes of Chadli, Dembele, Townsend need to go. I really don't see how they improve the team & it's difficult to justify their inclusion.

I think its a little unfair when people pass judgment on the outlay of our recruitment. The last 36 months have proved that a truck-load of money & poor scouting don't a good team make. We need to be shrewd, but brave in our player additions. I want to see players who love to be direct; that have speed. I really hope we do something in January.

I, for one, support the club as we transition to the new stadium, but I just want to be a little bit more courageous & dynamic.

 

[Misfit]

This thread is full of little rays of sunshine isn't it.

 

[sparkle]

The team still needs to streamline; the likes of Chadli, Dembele, Townsend need to go. I really don't see how they improve the team & it's difficult to justify their inclusion.

I think its a little unfair when people pass judgment on the outlay of our recruitment. The last 36 months have proved that a truck-load of money & poor scouting don't a good team make. We need to be shrewd, but brave in our player additions. I want to see players who love to be direct; that have speed. I really hope we do something in January.

I, for one, support the club as we transition to the new stadium, but I just want to be a little bit more courageous & dynamic.

Why pick on Chadli?

http://www.sportsmole.co.uk/footbal...orers.html#$$nwc2sg&&Sv0FgnRSEeW1AgpAkT3Uuw$$

Dont understand the knock....

 

[Gaz_Gammon]

According to the minutes of the meeting, published on the Trust’s website, Levy indicated that transfer funds would remain ring-fenced

How can negative spend be affected for God's sake. He could build a bloody Town, nay City and still have no need to dip into coffers with nothing in them....

 

[Gaz_Gammon]

This thread is full of little rays of sunshine isn't it.

Almost..........

 

[Mullers]

Why pick on Chadli?

http://www.sportsmole.co.uk/footbal...orers.html#$$nwc2sg&&Sv0FgnRSEeW1AgpAkT3Uuw$$

Dont understand the knock....

He's been one of the best signings from 2013, scored 12 goals last season and only cost 7 million. No way should we sell, we need him.

 

[Lifeson]

Why pick on Chadli?

http://www.sportsmole.co.uk/footbal...orers.html#$$nwc2sg&&Sv0FgnRSEeW1AgpAkT3Uuw$$

Dont understand the knock....

I can see it, he scores a lot, but slows down our play and doesn't press like our other options.

 

[Block D Spurs]

Nacer is being played out of position IMO... should be moved to CF Harry as No.10. Then we will have a 6'2" powerful striker, who can hold his own against CD that get physical/ intimidating also he and can score goals..and then we will have a support striker (harry) with pressure off him. Poch. should try this

 

[worcestersauce]

See, what I read was that with new stadium we will start buying elite players and not sell any of our best ones.
That sounds fine to me.

 

[Lilbaz]

Um. What he said was that transfer spend will be ringfenced (as ot has been for the last 5 years).
Which probably means that like the last 5 years we generate what we can spend on players through sales.

 

[Dillspur]

What is this transfer budget he speaks of?

 

[octavian]

Levy said in the summer that then new stadium would be a gamechanger.
He forgot to say when this would occur,though I know it's after his wallet has been filled with enough gold.