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Our Situation: Myriad of Factors

When something goes wrong in life, people always look for something or someone to blame. That to me is what is happening at Spurs right now. However, what is often the case - especially in services or business, is that no one thing is to blame but rather a chain of events that lead to the problem. I know from personal experience that these things are usually multi-faceted.

Over the last couple of weeks we've see finger pointed at Levy (get your wallet out) and Poch get out of my club). These are one-dimensional, straw-man arguments.

Spurs have, for some time now, been operating on a buy to sell policy when it comes to player trading. Even the year we spent +£100m, we made a profit. This is because the club have been funnelling resources into off field growth to ensure our long term sustainability. Since Poch came to the club he has had a net spend of £29m. Compare that to the clubs he is competing with where net spend is between £250m and +£500m depending on which team you're looking at (and that's before you get onto wages). Yet Poch has had us in title races and competing regularly in the CL. But the lack of investment eventually starts to take its toll in the modern game.

Yes there have been disappointments along the way, but overall he has more than met the remit the club gave him, hence his big contract last summer.

So if Poch has done so well why don't the club back him more? Get your wallet out Levy! As has been discussed on other threads, it isn't that simple. Last year revenue was up about 30%, but we haven't seen a commensurate reinvestment into the team save for new deals for Poch & Kane. Logically our wage bill, which totals approx. 55% of revenue could've increased in line to ensure big contracts for our better players, thereby protecting our assets. The fact that hasn't happened, and that come the summer window we wont have bought a player for 18 months, tells you all you need to know about how the stadium going over budget (and the consequent added costs of staying at Wembley) are impacting the clubs finances.

Regarding Levy, the man is the CEO (and shareholder) of THFC, not the owner. He isn't a billionaire that can just lob money at a football matter like Roman. That man if he exists is Joe Lewis - by proxy of ENIC who actually own us, and who are an investment firm. But there is also such a thing as FFP. There is no 'get your wallet out solution'. Levy runs us at operational level on behalf of ENIC, and has a remit and budget to work within to ensure our financial viability - a budget currently dominated by stadium expenditure.

He is doing an excellent job, just like Poch, but both are working in tough conditions. Stadium costs, stadium over budget by £400m, Wembley bill, smaller clubs getting wealthy putting up the price of transfers, no pre-season for half the squad, no signings, injuries, no home ground. Eventually all these many factors will have a impact on results, as they have done since the turn of the year.

We all want progress, we all want a state of the art stadium, but there have to be sacrifices; we are at the tail end of a long & complex process, we have moved on immensely both on & off the pitch but we have to be patient and trust those in charge at board and pitch level to get us over the line, rather than scapegoating - short term pain for long term gain.

comment by Ace (U18814)

posted 1 week, 1 day ago

comment by sandy (U20567)
posted 14 seconds ago
Ace honestly deleting comments because you don`t like an opinion. Honestly talk about pot and kettle.

Last night you were pleading with me for an opinion. Hardman on the Internet deletes pensioners post, because he thinks it may derail his article.

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An opinion you weren’t prepared to give because I’d done you like a kipper. You have an agenda and have written plenty of articles about it this week, but I’ve put some thought into this article and don’t want it derailed. As I said, I like you, I don’t have a problem with you.

comment by Sem (U9729)

posted 1 week, 1 day ago

comment by Ace (U18814)
posted 5 minutes ago
comment by sandy (U20567)
posted 14 seconds ago
Ace honestly deleting comments because you don`t like an opinion. Honestly talk about pot and kettle.

Last night you were pleading with me for an opinion. Hardman on the Internet deletes pensioners post, because he thinks it may derail his article.

----------------------------------------------------------------------
An opinion you weren’t prepared to give because I’d done you like a kipper. You have an agenda and have written plenty of articles about it this week, but I’ve put some thought into this article and don’t want it derailed. As I said, I like you, I don’t have a problem with you.
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i actually hate Sandy. I never thought it's be possible to dislike someone so much I've never met, but here I am...

comment by Sem (U9729)

posted 1 week, 1 day ago

re your article Ace,

a brilliantly worded article and it makes complete sense

it's easy for me personally to get swayed by various comments on here scapegoating individuals, but it isn't until someone like yourself puts it all in to perspective for me, does it hit home how well we have done in the last 5 years

I love Poch, I don't mind Levy, I love our new stadium.

I'm happy to continue as we are in the near future until stadium debts are scaled down a little in the coming decade

posted 1 week, 1 day ago

The straw man arguments come around because Poch and the team outperformed the task they were given (at least a season earlier than expected) which raised expectations among fans. This meant that, coupled with the stadium delay, reality couldn't deliver on those expectations.

I believe it was all supposed to culminate in a glorious opening season at the new stadium followed by a squad strengthening in the following Summer window.

This season has been frankly all the more impressive BECAUSE of the circumstances faced by the club.

posted 1 week, 1 day ago

Good article

Anyone with more than a single brain cell should be able to understand the position we're in and good that you've removed Sandy's comment. He is literally getting on my nerves now with his ridiculous opinions and you can't get away from them.

posted 1 week, 1 day ago

comment by Diamondlights (U20501)
posted 52 minutes ago
Agree 100% re your comments re Poch

Re Levy, I think we all acknowledge that he's looking to do whats best for the club. I think his views on the transfer market are misguided. Even before the stadium build i think some of his antics held us back. Whether he likes the mkt/ player valuations or not, he's a total hypocrite given what he demands for players yet low balls other clubs and quite frankly has made a mess of salary negotiations meaning we are likely to lose 2 of our best players when it could have been easily avoided.

Your final paragraph raises a couple of interesting points which would really help the club/ Levy to manage expectations of the fan base who are quite rightly a little frustrated that the best team in a generation has not been strengthened & has missed out on success as a result.

While I agree we need the stadium & sacrifices must be made, a little honestly & communication from the club re the timing of the ground, money available for players and the true financial impact of the stadium would be greatly appreciated. Instead we get Poch and Club "no names" coming out in public saying there's nobody available that could improve the team. I think results prove that's clearly not true. Perhaps if expectations were clearly managed and we all had an understand of what is possible given the stadium restrictions there would be less scapegoating by the fan base..... After all the club is never shy about asking for our money
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Hypocrisy has nothing to do with anything in business. You try and sell for the highest and try and buy for the lowest.

As for salary negotiations, no one really knows the facts of this. Eriksen will be wanting be wages but he also thinks he can be at one of the top European clubs. He's using his contract to make that big move possible or force us to offer him whatever he wants. Smart by him, not necessarily a failure by Levy. Toby, may be he was pissssed off by our initial offers to him a couple years ago but he's also looking out for himself He could walk in to most top defences in Europe and has one last contract in him.

Agreed on the communication, it would help fans understand so much more, rather that getting angry in a sea of silence and no signings. But it is hard to be specific about targets.

What levy did say is that players expected to leave did not. I think this points to us being in a situation where we cannot accommodate surplus players in the squad. If we bought a striker a LB and RB in the summer and had Davies Trippier, Llorente, Nkoudou and Janssen all sitting o our books doing F-all, thats probably £350k a week going down the toilet - £17.5m a yea. Thats a down payment on a top quality player, or covers Bale's wages

I think we have money to spend. As usual it has to be the right sort of player but I think we cannot afford to waste it or have too much surplus in the squad.

posted 1 week, 1 day ago

quality article by the way Ace

posted 1 week, 1 day ago

Excellent article, and excellent comment by Diamond:

"While I agree we need the stadium & sacrifices must be made, a little honestly & communication from the club re the timing of the ground, money available for players and the true financial impact of the stadium would be greatly appreciated. Instead we get Poch and Club "no names" coming out in public saying there's nobody available that could improve the team. I think results prove that's clearly not true. Perhaps if expectations were clearly managed and we all had an understand of what is possible given the stadium restrictions there would be less scapegoating by the fan base..... After all the club is never shy about asking for our money"

I think many anti-Levy fans could and would understand the issues we face as pointed out in the OP but a lot of the anger is due to the lack of communication from Spurs and the feeling that we're treated as customers rather than part of the club.

Lots of positives at Spurs but one thing that needs to be addressed is the goodwill between the club and its fans. Don't abuse the loyalty.

Football is a business but one fundamental difference is the fact that the "customers" aren't going to go elsewhere. There aren't competitors. Levy appears to be taking advantage of that fact. Some things that can easily be improved upon:

We should be kept up to date on all delays at the stadium. It's our stadium too. We're paying for it.

I think the fans should've been more involved in the design of our home. This could be done simply with polls on featuring such-and-such. Perhaps this happened and I missed it but I don't remember being asked.

Other clubs do gestures like pay for fan travel. There was an away cup game that fans couldn't get back from as there was no public transport back. Forget which one. Why wouldn't the club recognise this and lay on a free of heavily subsidised coach.

Away ticket hoarding is a big issue. The club should provide its own ticketing exchange forum for face value tickets so they can monitor repeat offenders who are purchasing tickets and re-selling them. This won't completely stop it of course but it'll help and at least show that they recognise the problem.

Others that I forget now.

posted 1 week ago

Comment Deleted by Article Creator

comment by Spurtle (U1608)

posted 1 week ago

Having read all this, I still feel Levy needs to get his wallet out.

If it really is a case of not having the money to spend, why not just be honest and say the stadium will and is interfering with signings, rather than it isn't. Be straight with the fans and they'll have more chance of understanding.

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