- Aug 16, 2003
- 8,274
- 12,242
http://www.espnfc.co.uk/club/totten...k-on-field-ambition-but-not-in-the-boardroom?
Tottenham may lack vision on the field, but not in the boardroom
What kind of season do you feel Tottenham had? Here's the one I remember: a league campaign that never seriously threatened for a Champions League place, an uninspired Europa League that ended in the first round of the knockout stages, a fourth-round home FA Cup defeat, and a Carling Cup final defeat to Chelsea.
There were some high spots. The two home wins against Chelsea and Arsenal, along with the emergence of Harry Kane and the continued excellence of Hugo Lloris. On balance, though, I'd call it a fairly average season. A little better than some, a little worse than others, but still one that never truly delivered on expectations.
Here's the season Spurs actually had: According to Brand Finance, a company that measures a football club's global financial value, Spurs moved from 12th to 10th in the world brand league table, increasing its value by over $100 million in the process. Spurs still may be a long way behind the top four English clubs, Barcelona, Real Madrid, Bayern Munich and Paris Saint-Germain, but they comfortably outperformed Juventus, AC Milan, Inter, Napoli, Ajax and Atletico Madrid.
It's hard to believe. I can't help feeling Juventus fans would have had a much more exciting season than anyone at White hart Lane did. A Serie A title and a Champions league final is the kind of year Tottenham can only dream of. Atletico Madrid may not have repeated their annus mirabilis of 2013-14 but they still qualified for the Champions League, as did Ajax. The two Milan clubs for once failed to make the Champions League but they both still have records in that competition of which Spurs can hardly imagine.
All this comes with the obvious caveats, of course. World football isn't a level playing field. The TV rights for the Premier League are far more valuable than those for any other national league, and the highest-ranked club in the world outside Europe is Brazil's Sao Paulo at 43rd. Yet the fact remains that Spurs, a club that has won just a single trophy in the past 15 years -- the Carling Cup in 2008 -- and has only once qualified for the Champions League, is the 10th most valuable brand in world football.
What's more, the biggest obstacle keeping Tottenham from climbing higher up this particular table is not a continuing lack of on-field success, it's the size of its stadium. If (once) the new stadium is built and the capacity is increased from 36,000 to 60,000, then the sky is apparently the limit.
What the Brand Finance global rankings best illustrate is the disparity between the aims of a football club's board of directors and its fans. For chairman Daniel Levy, Spurs is first and foremost a business whose financial interests must be protected at all costs; on field success is merely an added bonus. When Levy bemoans the way the £90 million windfall for Gareth Bale was spent, his main complaint isn't that Erik Lamela, Roberto Soldado and Paulinho have failed to win the club a trophy, it's that the club overpaid for their services. The bottom line is all that really counts.
Fans see things rather differently. Our priority is the trophy cabinet not the balance sheet; one based on sentiment rather than business. We often fail to appreciate we are part of the balance sheet: a captive market to be exploited for as much money as possible. While we take some stoical comfort in the passion and loyalty we show to the club when things are going badly, Levy just sees us as numbers to be taken for granted. He knows there are enough people, like me, who can be guaranteed to renew their season tickets come what may.
This isn't a particularly welcome home truth. It isn't the way we want our football to be. But it is perhaps a salutary reminder of where we stand. Because while the fans may argue among themselves about the reasons for Spurs having shown so few signs of improvement, despite -- or even because of -- the changes in managers and personnel, the reality is staring us in the face. For those in charge of the club's finances, everything is looking rather rosy. What fans may call a lack of vision and strategy is actually a highly effective business plan.
John Crace is a columnist and feature writer for The Guardian. He is also a THFC season-ticket holder. Follow him on Twitter @JohnJCrace.
Tottenham may lack vision on the field, but not in the boardroom
What kind of season do you feel Tottenham had? Here's the one I remember: a league campaign that never seriously threatened for a Champions League place, an uninspired Europa League that ended in the first round of the knockout stages, a fourth-round home FA Cup defeat, and a Carling Cup final defeat to Chelsea.
There were some high spots. The two home wins against Chelsea and Arsenal, along with the emergence of Harry Kane and the continued excellence of Hugo Lloris. On balance, though, I'd call it a fairly average season. A little better than some, a little worse than others, but still one that never truly delivered on expectations.
Here's the season Spurs actually had: According to Brand Finance, a company that measures a football club's global financial value, Spurs moved from 12th to 10th in the world brand league table, increasing its value by over $100 million in the process. Spurs still may be a long way behind the top four English clubs, Barcelona, Real Madrid, Bayern Munich and Paris Saint-Germain, but they comfortably outperformed Juventus, AC Milan, Inter, Napoli, Ajax and Atletico Madrid.
It's hard to believe. I can't help feeling Juventus fans would have had a much more exciting season than anyone at White hart Lane did. A Serie A title and a Champions league final is the kind of year Tottenham can only dream of. Atletico Madrid may not have repeated their annus mirabilis of 2013-14 but they still qualified for the Champions League, as did Ajax. The two Milan clubs for once failed to make the Champions League but they both still have records in that competition of which Spurs can hardly imagine.
All this comes with the obvious caveats, of course. World football isn't a level playing field. The TV rights for the Premier League are far more valuable than those for any other national league, and the highest-ranked club in the world outside Europe is Brazil's Sao Paulo at 43rd. Yet the fact remains that Spurs, a club that has won just a single trophy in the past 15 years -- the Carling Cup in 2008 -- and has only once qualified for the Champions League, is the 10th most valuable brand in world football.
What's more, the biggest obstacle keeping Tottenham from climbing higher up this particular table is not a continuing lack of on-field success, it's the size of its stadium. If (once) the new stadium is built and the capacity is increased from 36,000 to 60,000, then the sky is apparently the limit.
What the Brand Finance global rankings best illustrate is the disparity between the aims of a football club's board of directors and its fans. For chairman Daniel Levy, Spurs is first and foremost a business whose financial interests must be protected at all costs; on field success is merely an added bonus. When Levy bemoans the way the £90 million windfall for Gareth Bale was spent, his main complaint isn't that Erik Lamela, Roberto Soldado and Paulinho have failed to win the club a trophy, it's that the club overpaid for their services. The bottom line is all that really counts.
Fans see things rather differently. Our priority is the trophy cabinet not the balance sheet; one based on sentiment rather than business. We often fail to appreciate we are part of the balance sheet: a captive market to be exploited for as much money as possible. While we take some stoical comfort in the passion and loyalty we show to the club when things are going badly, Levy just sees us as numbers to be taken for granted. He knows there are enough people, like me, who can be guaranteed to renew their season tickets come what may.
This isn't a particularly welcome home truth. It isn't the way we want our football to be. But it is perhaps a salutary reminder of where we stand. Because while the fans may argue among themselves about the reasons for Spurs having shown so few signs of improvement, despite -- or even because of -- the changes in managers and personnel, the reality is staring us in the face. For those in charge of the club's finances, everything is looking rather rosy. What fans may call a lack of vision and strategy is actually a highly effective business plan.
John Crace is a columnist and feature writer for The Guardian. He is also a THFC season-ticket holder. Follow him on Twitter @JohnJCrace.