Club Refinances Construction Debt.

All this extra cash and couldn't sign a RB...

Comment Deleted by Article Creator

comment by Doovdé™ (U2996)
posted 9 minutes ago
All this extra cash and couldn't sign a RB...
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We already have two

comment by MKspur (U9129)
posted 36 minutes ago
comment by Doovdé™ (U2996)
posted 9 minutes ago
All this extra cash and couldn't sign a RB...
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We already have two
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Sanchez and Foyth

Regarding Levy's commenst of doing things differently, i think the focus is on buying younger potential rather than established quality, for teh following reasons.

The big danger to a clubs finances is wages. Players are assets, they have value which can be realised and where they are not sold/stay a long time, the cost of those assets over the course of a contract can be relatively small....take Aldi or Eriksen. Both at £11m over 5 years a cost of £2.2m a year if they walk away for £0. Probably exceptions in this market.

If a player costs a lot of money and is in their prime, say buying Eriksen (27) now for £80m, then the resale will be limited/zero and the cost of that player over their contract huge (£16m a year).

That is why we focus on younger players. The LoCelsos, NDombeles of this world may have cost £60m but ulitmately if they stay their whole career its cost about £6m a year and if they leave and we recoup even just half that money, the annual cost is about the same. If we get the same or more back then theres no cost.

Wages are a double-whammy. High wages not only add to the costs, they also set the bar through the whole squad - so like at Utd, all the top players want the £500k a week or whatever Sanchez was on. It snowballs. Like Sanchez, then getting rid of the player becomes very difficult.

So again, young players help this. LoCelso is 23 and reportedly on £70k a week at Spurs. Despite a high transfer he will not cost us much over the course of his contract even if hes just a partial success.

Lamela is the perfect example. 30m Euro record signing, now in to his 7th season. If he stays beyond this then his cost will have been relatively little over his contract and he's only just earned a new deal so was on relatively low for most of that.

So a younger player, even where the cost a lot in fees, will enable the club to keep their wages under control, minimise risk and the cost of the player over the life of their contract.

So for this reason Levy will continue to target these sorts of players, rather than go out and spend £50m on Bale on £300k a week or £100m on Countinho.

He says we do things a bit differently but really i think the smarter clubs all act this way, even City often target younger rather than the completed player.

Devon

comment by MKspur (U9129)
posted 8 hours, 40 minutes ago
comment by Doovdé™ (U2996)
posted 9 minutes ago
All this extra cash and couldn't sign a RB...
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We already have two
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THAT is very debatable.
I would be in the camp that says we do not have an adequate RB.
KWP not good enough. Aurier unreliable.
Alderweireld not his best position for us.

"He says we do things a bit differently but really i think the smarter clubs all act this way, even City often target younger rather than the completed player. "
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NDomble and Lo Celso and Sessignon are still to be tested in Spurs uniforms.
And haven't we had our hiring younger players strategy fail a few times in recent years?

Ndombele

Oh yes, and Foyth at RB, I forgot that one.
I think he's not up to it either!
But go on and read this ............

https://www.theguardian.com/football/2019/sep/20/mauricio-pochettino-tottenham-squad

"Mauricio Pochettino is not convinced the squad he has this season is the best since he arrived at Tottenham in 2014 despite a net summer spend of around £120m."