Salaries

[mano-obe]

Spurs pay good wages it's just that City, Chelsea, Arsenal, United and Liverpool that pay absurd wages. They started this trend we should not follow

To put it into perspective United and Liverpool have double our wage bill and more. It's them clubs that are the problem

 

[Krule]

As I was so eloquently informed by davidmatzdorf on this forum regarding increasing wages.....

We can't do that until we have the increased turnover that the new stadium should provide. In accounting terms, total salaries should be limited to approx. 55% of turnover if you want to be seen to be running a sustainable business - and we have to do that, because we don't have the kind of rich hobbyist owner that Chelsea and Man City have - the ones the FFP regulations were ostensibly designed to control.ENIC run THFC as a business and a long-term investment, not as a hobby or a toy. They don't subsidise the club, they invest in it.With a 36k stadium, we couldn't increase wages without breaching the guidelines on turnover.

Most informative.....the players are probably aware of this and looking forward to a pay rise once the move to the new stadium is completed.

 

[Spursmatty87]

Don't we have the 11th biggest wage bill in European football? Not sure Crystal Palace could get near that.

 

[nailsy]

As I was so eloquently informed by davidmatzdorf on this forum regarding increasing wages.....

We can't do that until we have the increased turnover that the new stadium should provide. In accounting terms, total salaries should be limited to approx. 55% of turnover if you want to be seen to be running a sustainable business - and we have to do that, because we don't have the kind of rich hobbyist owner that Chelsea and Man City have - the ones the FFP regulations were ostensibly designed to control.ENIC run THFC as a business and a long-term investment, not as a hobby or a toy. They don't subsidise the club, they invest in it.With a 36k stadium, we couldn't increase wages without breaching the guidelines on turnover.

Most informative.....the players are probably aware of this and looking forward to a pay rise once the move to the new stadium is completed.

That's a good point about being seen to run a sustainable business, especially with the amount of money we're borrowing to build the new stadium.

 

[ComfortablyNumb]

That's a good point about being seen to run a sustainable business, especially with the amount of money we're borrowing to build the new stadium.

There's also the possibility that we've hit peak Sky, in the sense that we cannot assume that the next Sky/BT funding package will be as big as the last one. Sky's whole business model is being challenged. The latest packeage only runs to 2019, so we don't want to start signing 5-year deals only to find them becoming unsupportable after 2 years.

 

[alexis]

There's also the possibility that we've hit peak Sky, in the sense that we cannot assume that the next Sky/BT funding package will be as big as the last one. Sky's whole business model is being challenged. The latest packeage only runs to 2019, so we don't want to start signing 5-year deals only to find them becoming unsupportable after 2 years.

If this is the case be interesting to see what the impact would be on the big wage paying clubs

 

[ComfortablyNumb]

If this is the case be interesting to see what the impact would be on the big wage paying clubs

Probably less crucial for the Arabs and Russians. The Yanks will still be looking for returns on investment, so they'll have to take notice. It's the smaller clubs, for whom the Prem money is a big windfall, who might find themselves over-stretched.