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Swiss Ramble Article on our finances

muppetman

Well-Known Member
Jul 29, 2011
8,901
24,817
Thanks for this.

"So Tottenham’s revenue of £181 million is the 6th highest in England, but is a long way behind the other leading clubs: Manchester United £433 million, Manchester City £347 million, Chelsea £320 million, Arsenal £299 million and Liverpool £256 million. After Tottenham’s recent loss to Aston Villa, Mauricio Pochettino commented, “It is difficult to fight for the top four. We need to be realistic.” This was probably in reference to their current league position, but could just as easily apply to the huge financial disparity.

That said, Tottenham are in turn a fair way above the next clubs (Newcastle United £130 million and Everton £121 million), so they could be considered to some extent to be “The Inbetweeners” of the Premier League, struggling to reach the highest echelon, but comfortably beyond the chasing pack."

Pretty much sums up where I feel we are. I'm also not convinced that the new ground will catapult us upwards but will instead keep us where we are - behind the usual suspects but in front of everyone else.
 

dontcallme

SC Supporter
Mar 18, 2005
33,988
81,937
Thanks for that, it's well remembering.

But I still feel we could do better if we handled managerial changes and transfers much better. Might not be able to get top 4 consistently but could maybe pick up a few more trophies and finals.
 

0-Tibsy-0

Well-Known Member
Aug 13, 2012
11,201
43,791
I think if we just released an extra shirt each season, or maybe an updated one each month of the campaign, we could get there and compete financially.......
 
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cornelius knob

Active Member
Mar 9, 2013
301
512
"That`s more than a quarter of a billion in player sales as Levy`s tough negotiation skills have reaped large financial rewards, albeit at the cost of weakening the team"

Sums the current regime up beautifully.

Audere est Facere
 

Stoof

THERE IS A PIGEON IN MY BANK ACCOUNT
Staff
Jun 5, 2004
32,220
64,274
"That`s more than a quarter of a billion in player sales as Levy`s tough negotiation skills have reaped large financial rewards, albeit at the cost of weakening the team"

Sums the current regime up beautifully.

Audere est Facere

Ah for the halcyon days of finishing in mid-table with Sir Lord Alan Sugar OBE MBE CBE at the helm, being sponsored by Amstrad and eating rightly-sized wagon wheels.
 

cornelius knob

Active Member
Mar 9, 2013
301
512
Ah for the halcyon days of finishing in mid-table with Sir Lord Alan Sugar OBE MBE CBE at the helm, being sponsored by Amstrad and eating rightly-sized wagon wheels.
Oh . I see. Everything must be compared to the Sugar years then. Forget everything that happened before in our long and illustrious history. So long as we finish top 7 and secure record profits all is OK.
What a passionate supporter you must be.
 

225

Living in hope, existing in disappointment
Dec 15, 2014
4,563
9,064
"That`s more than a quarter of a billion in player sales as Levy`s tough negotiation skills have reaped large financial rewards, albeit at the cost of weakening the team"

Sums the current regime up beautifully.

Audere est Facere

You're obsessed. Again, you should be blaming the likes of Bale, Berbatov and Modric for all walking out on the team each time we're on the edge of building something good.
 

cornelius knob

Active Member
Mar 9, 2013
301
512
"That`s more than a quarter of a billion in player sales as Levy`s tough negotiation skills have reaped large financial rewards, albeit at the cost of weakening the team"

Sums the current regime up beautifully.

Audere est Facere
So, I get a disagree from 225 (probably with more to follow). If you disagree, then you must agree with this policy. What kind of a fan are you ? Staggering.
 

cornelius knob

Active Member
Mar 9, 2013
301
512
You're obsessed. Again, you should be blaming the likes of Bale, Berbatov and Modric for all walking out on the team each time we're on the edge of building something good.
You really are the most gullible, naive, person of ever had the good fortune not to meet. Its all the players fault then. So Lloris will be the next one to blame will he ? Good Lord.
 

225

Living in hope, existing in disappointment
Dec 15, 2014
4,563
9,064
In short, we'll never be more than also-rans under Levy and Lewis.

It's not ENIC that's the issue now, it's FFP.

I'm sure we can only increase our wage bill by £4m/season, so even with a 'sugar daddy' we'd be massively breaking rules.

As wage bills are linked to team quality (in terms of attracting/retaining better players generally equals higher wages)

1) £215m - Man Utd
2) £205m - Man City
3) £193m - Chelsea
4) £166m - Arsenal
5) £144m - Liverpool
6) £100m - Tottenham

Even if we increased by the maximum £4m/season, and the other clubs stayed stagnant, we'd only just be overtaking Chelsea in 24 years time.

So unless I've got mixed up somewhere, the FA are essentially 'preserving' the elite's place in the table by suffocating the growth of those teams below them. It's like we're being punished for not "buying" the game before FFP.

That being said, I noticed our wages went up 50% from the start of Redknapp's reign to the end! (some £60m in 2009 to £90m in 2012)
 

michaelden

Knight of the Fat Fanny
Aug 13, 2004
26,386
21,685
Two words

New Stadium

You can also see why the OS was such a draw for us, even though it was outside of Tottenham. A huge site with massive transport links, close to the city, the CW financial district, a revamped mall & shopping district, and even City Airport. The commercial opportunities for a club like THFC in that environment would've been stratospheric.

I hope WHU aren't able to take advantage of them or else we might soon be fighting them regularly too.
 

225

Living in hope, existing in disappointment
Dec 15, 2014
4,563
9,064
You really are the most gullible, naive, person of ever had the good fortune not to meet. Its all the players fault then. So Lloris will be the next one to blame will he ? Good Lord.

Lloris, who hasn't indicated he wants a move, has good reason - we've achieved very little since he's been at the club.

Berbatov forced his move after we'd just won a trophy and had formed a lethal partnership with Keane, who also as-good-as forced a move (tapped up by Liverpool).

Modric forced a move after we'd nearly finished 3rd, and only missed out on CL football by a stupid (now defunct) rule.

Bale forced a move after we'd obtained our highest ever points tally and marginally missed out on CL football.


What do you want the club to do? Give the players away? You always seem so pissed that the club make the best possible outcome from a bad situation.
 

not_tenth-again

Well-Known Member
Jun 19, 2009
2,599
2,095
Lloris, who hasn't indicated he wants a move, has good reason - we've achieved very little since he's been at the club.

Berbatov forced his move after we'd just won a trophy and had formed a lethal partnership with Keane, who also as-good-as forced a move (tapped up by Liverpool).

Modric forced a move after we'd nearly finished 3rd, and only missed out on CL football by a stupid (now defunct) rule.

Bale forced a move after we'd obtained our highest ever points tally and marginally missed out on CL football.


What do you want the club to do? Give the players away? You always seem so pissed that the club make the best possible outcome from a bad situation.

That year Chelsea won the champions league..... fuck me, that was such a pivotal moment, especially after we had just thrown 3rd place away.
 

225

Living in hope, existing in disappointment
Dec 15, 2014
4,563
9,064
That year Chelsea won the champions league..... fuck me, that was such a pivotal moment, especially after we had just thrown 3rd place away.

Which is why Modric annoyed me so much. It wasn't like we showed a lack of ambition or under achieved, we were surely on the precipice of something special then.

Modric and Redknapp - the hangmen of our PL pinnacle.
 
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