The ousting of Daniel (COYS)

[Rodrigonodefendi]

The property years… That’s where the focus has been

 

[Albertbarich]

And what did that achieve other than inconveniencing the fans?

Point taken but the difference is targeting ENICs money is the only way fans get a modicum of power. The Glazers are taking those dividends whether man Utd play or not.

 

[mpickard2087]

I see a lot of fans wondering about where the money goes, and that we should be able to net spend xhundred million amount, and the general consensus that the club – both from a business and football standpoint - is in brilliant financial health… but I’m not so sure. The business model, balance sheet and long term debt structure is sound, but I think there have been, and still are, problems elsewhere.

There are two factors I feel that continue to lag and have a hangover effect.

Covid is the first. The club lost in its own estimate a couple of hundred million in revenue in that period, Levy’s public statements were of a man very spooked by this. We had to take a government loan (175m) and pay it back. Accounts as of last year still showed a massive loss…. We should be out the other side of that now, but I think there has been potential "liquidity" challenges and how to keep trying to remain competitive against the backdrop of this. The ENIC injection of funds last year looks more and more to me as more of a hole-plugger, than what fans framed it as.

Transfers and under performance on the pitch is the other. We’ve kept buying, not very well, but also barely sold anyone for an amount worth a wank in years now. At the moment we’re at a point where a shit sandwich of a situation is in play. Before this summer window (according to what I read from the gold standard analysts on the subject) our net transfer liabilities stood at just shy of a quarter of a billion pounds, one of the very highest worldwide. Add to that a senior player roster of 30-35 players and no European football revenues this season and I don’t think it’s terribly surprising if that leads to attempts to rein it in a bit.

Whatever the club is (or isn’t) trying to learn and do differently now, unfortunately, especially in relation to that second factor, bad decisions and errors can be long, lingering, and hard to shake off. We’re partly still feeling the after effects and the reckoning of awful mistakes, crappy and inconsistent squad building, and pissing money up the wall.

 

[Bluto Blutarsky]

Someone was asking in the Kane thread where to find Tottenham's financial statements:

Annual Reports | Tottenham Hotspur

Find out about and download previous Annual Reports for Tottenham Hotspur dating back until 2006 and Interim Reports between 2006 and 2010.

www.tottenhamhotspur.com

 

[pablo73]

The property years… That’s where the focus has been

Absolutely right. Imagine an alternative scenario where Levy had focused on the real estate side of things and handed over the running of the football to, you know, someone who actually knows something about football.

That really shouldn't be a groundbreaking concept for a football club, it's a fucking shame Levy's ego wouldn't allow it. Custodian my arse, he's as much a custodian as he is a fan.

 

[sundanceyid10]

The property years… That’s where the focus has been

We are now transitioning to the Beyonce years. Entertainment, NFL and so on. You know screw winning something and keeping star players with football ambition.

 

[Nerine]

I love a good old doom scroll.

Fortunately the Ousting of Daniel Levy thread delivers. In fact, it delivers more than Daniel Levy.

 

[olliec]

Levy has had it easy for many years, but this season I think he’s going to get a very hard time as the majority of the fan base is now waking up to what a fraud he really is. I really hope we start protesting in mass numbers. Watch him advertise a nice bonus for himself in a couple of months aswell. It’s like he’s rubbing it in our face and that he’s untouchable.

 

[g_harry]

We're in this position because Levy hasn't matched Kane's ambition on the pitch.

Winner Winner. Levy I just want him gone. He is ruining this club, how sad is it that our all time greatest goal scorer and greatest English goal scorer, so close to premier league record feels like he has leave and to go to Bayern - because of that little bald prick. It's f##cking disgraceful, Mick Lynch once described Boris Johnson as unembarrassable, sums Levy up perfectly. There is absolutely no way Harry is happy to be going there.

 

[peispurs]

I've stopped spending money at the Club Shop a few years ago. I have all the Puma and Under Armour Home Kits, and a bunch of the away kits. I bought the first Nike kit, and that was basically it. I used to get the calendar, and a few household items but no longer. I'm hoping there are more people like me, and the club shop sales grind to a halt. And then there are things like SpursPlay. Never in a million years would I pay for this... in fact they should pay me if I have to watch Dier, Davies, and Sanchez "play" defence.

 

[Inq]

Levy’s tenure is quite similar to that of most up and coming companies that plateau at the top.

In the industry I am in, I often see companies rise up quickly providing quality product and new ideas for the industry. It can be really cool to watch. Yet the majority of the time that company will rise quickly but then either falter or stay at that level never pushing on. It is generally due to the owner/president/ceo or whatever title they have bestowed upon themselves, that is the hinderance for the company in taking the next step. Through failing to see that while the work and effort they have put into getting the company to where it is now and not knowing that there is a time to accept that they have taken it as far as they could. They fail to understand that there are and could be people better equipped to push on with elevating the business further.

I suspect this is Levy. It’s probably a very hard thing to admit to himself considering where we have come as a club due to his shrewd future planning and execution over the years, but it is time for him to understand he’s becoming more of hinderance to this club than he is benefiting it anymore. Without him and ENIC we likely would never have got to where we are now. But this is a completely different club from when they bought. We need new ideas and ambition to push on.

Unfortunately, it is evident that it would take a massive change for him to be shifted from his position now. Considering the few mentions that if we did get bought he would want to stay on in his current position.

It’s all a bit shit really.

 

[G Ron]

It’s worrying how brainwashed some of our fans are in his defence. The constant excuses rolled out are laughable.

Failure to sell our dead wood - European clubs are skint post COVID - other teams don’t seem to have the same problems.

Failure to go for the very best players - we can’t compete with the oil money - Arsenal, Chelsea, United, Liverpool don’t struggle

Can’t compete in attracting top talent - no European football so who wants to come? - Hasn’t stopped Chelsea this summer, didn’t stop Arsenal in the past - pay the money and the wages and they will come.

Failure to get key transfers in early -
We need to sell before we buy / waiting to see what happens with Kane - Such a small time approach in line with how West Ham do business while the likes of Chelsea, Liverpool, Arsenal, Newcastle, Villa, United and even Brighton have their ducks in a row and a clear plan.

Zero net spend for the best part of 20 years - don’t have the revenues to compete as the stadium is too small (didn’t stop Liverpool competing or Arsenal at Highbury) / using proceeds to pay for a new stadium - stadium funded almost entirely with debt.

That’s not even taking into consideration the last two managerial searches, the Paratici farce, the super league, use of furlough during the pandemic, horrendous recruitment, awful Academy despite best in class infrastructure, and finally, 1 Trophy in 23 years.

On the football side this clown is the biggest joke in the game and until he fucks off we won’t win anything of note. He’s actually made us a laughing stick among all football fans.

 

[Cavehillspur]

It’s worrying how brainwashed some of our fans are in his defence. The constant excuses rolled out are laughable.

Failure to sell our dead wood - European clubs are skint post COVID - other teams don’t seem to have the same problems.

Failure to go for the very best players - we can’t compete with the oil money - Arsenal, Chelsea, United, Liverpool don’t struggle

Can’t compete in attracting top talent - no European football so who wants to come? - Hasn’t stopped Chelsea this summer, didn’t stop Arsenal in the past - pay the money and the wages and they will come.

Failure to get key transfers in early -
We need to sell before we buy / waiting to see what happens with Kane - Such a small time approach in line with how West Ham do business while the likes of Chelsea, Liverpool, Arsenal, Newcastle, Villa, United and even Brighton have their ducks in a row and a clear plan.

Zero net spend for the best part of 20 years - don’t have the revenues to compete as the stadium is too small (didn’t stop Liverpool competing or Arsenal at Highbury) / using proceeds to pay for a new stadium - stadium funded almost entirely with debt.

That’s not even taking into consideration the last two managerial searches, the Paratici farce, the super league, use of furlough during the pandemic, horrendous recruitment, awful Academy despite best in class infrastructure, and finally, 1 Trophy in 23 years.

On the football side this clown is the biggest joke in the game and until he fucks off we won’t win anything of note. He’s actually made us a laughing stick among all football fans.

Great post, you can throw the Amazon documentary in there too, it's all gone downhill rapidly since that.

 

[Dov67]

Was chatting to a mate who is Brighton season ticket holder yesterday - said if I had a choice between Caicedo on a free or paying £100m for Tony Bloom, I’d take the latter. It’s a better deal and long term will be worth more to the club

 

[Sid Tottenham]

Levy and ENIC have been massively successful at Tottenham so successful the Tottenham are now too big for them.

 

[IfiHadTheWings]

If the stadium is negative and toxic on the opening game of the season we're in for a long one.

we need to figure out a way to make sure we are getting behind the team in the ground but also voicing discontent around the ownership when the football isn't being played.

 

[jolsnogross]

Going to Spurs is a nice day out. All the talk of furious fans and Levy being in for a rough time are a joke. And even if/when we're ambling around in mid table, the stadium will be full and the entertainment venue will make money.

 

[easley91]

If you're going to protest, don't do it v Shakhtar on Sunday. Will not help anyone's cause. Aim for the United game. High profile enough to get the media's attention on it.

 

[DiVaio]

It’s worrying how brainwashed some of our fans are in his defence. The constant excuses rolled out are laughable.

Failure to sell our dead wood - European clubs are skint post COVID - other teams don’t seem to have the same problems.

They absolutely have the same problems lol. At the moment there are basically only three confirmed permanent transfers from Premier League to other European clubs - Loftus-Cheek and Pulisic who were both long term targets for AC Milan and it only happened because they sold Tonali and Xhaka to Leverkusen who can't be considered deadwood.

Failure to get key transfers in early -
We need to sell before we buy / waiting to see what happens with Kane - Such a small time approach in line with how West Ham do business while the likes of Chelsea, Liverpool, Arsenal, Newcastle, Villa, United and even Brighton have their ducks in a row and a clear plan.

We had Maddison and Vicario signed who can easily be considered even more important transfers than centerback.
Of course we need to sell before we buy when we have ~30 players in first team squad right now lol. That's also the main reason why our outgoings deal were poor last summer because other clubs knew that we were desperate.

There's really no difference to other clubs mentioned here who have done exactly the same - Liverpool are now moving for Lavia only after Fabinho and Henderson are sold and signed 2 other midfielders after losing 4 earlier on free transfers/loans, Brighton moved for Dahoud and Milner after selling Mac Allister, Onana after De Gea, Chelsea sold prety much half of the squad before, Rice moved to Arsenal after Xhaka was done, Newcastle signed Barnes after selling ASM...

 

[olliec]

They absolutely have the same problems lol. At the moment there are basically only three confirmed permanent transfers from Premier League to other European clubs - Loftus-Cheek and Pulisic who were both long term targets for AC Milan and it only happened because they sold Tonali and Xhaka to Leverkusen who can't be considered deadwood.


We had Maddison and Vicario signed who can easily be considered even more important transfers than centerback.
Of course we need to sell before we buy when we have ~30 players in first team squad right now lol. That's also the main reason why our outgoings deal were poor last summer because other clubs knew that we were desperate.

There's really no difference to other clubs mentioned here who have done exactly the same - Liverpool are now moving for Lavia only after Fabinho and Henderson are sold and signed 2 other midfielders after losing 4 earlier on free transfers/loans, Brighton moved for Dahoud and Milner after selling Mac Allister, Onana after De Gea, Chelsea sold prety much half of the squad before, Rice moved to Arsenal after Xhaka was done, Newcastle signed Barnes after selling ASM...

Whose fault is it that we still have 30+ players in the squad, which some are dead wood and been trying to get rid of for years! Problem is levy is the hardest negotiator and most other teams know this. Look at the hassle Bayern are going through to get Kane. Nothing is straight forward with Levy!