This deserves a wider audience


SENSIBLE SPURS SUPPORTERS


My article on European TV money demonstrating the disparity between us and our top four rivals produced the following comment in answer to an initial comment. It deserves a wider audience.

Great article! Its stating the obvious, however its needed as there are a few spurs fans with blinkers on. COYS

They would still just ignore it. It doesn't matter how many times these things are explained.

The club is run by the revenues generated by the club - all clubs should be. How Lewis and Levy could be siphoning off huge sums of cash while improving the club drastically on zero net spend is beyond me. It is ludicrous that anyone does. There are five teams that have higher revenues than us, but we have finished lower than fifth once in the last eight seasons. We are regularly outperforming teams with much higher revenues than us. The wage policy is as suggested by UEFA even down to the percentages. Our rivals are not. They earn more revenues than us and then pay a much higher percentage of those revenues in wages. Liverpool's percentages are horrible - I don't know (or maybe don't want to know) how they sustain then. The only one of our rivals to adhere to a similar wage policy is Arsenal. And all certain of our fellow Spurs fans do is join in the media generated witch-hunt against Levy for being financially responsible.

You always get the same thing with them - if only he spent a little more to get deals done earlier, if only he accepted a little less to get rid of players sooner. Okay, I always ask them, we operate on zero net spend, we do this, and, hypothetically, we buy five players and sell five players every season (not wholly unrealistic). That means we've paid five million more in buying players to get deals done quicker, and accepted five million less to sell players quicker. That is £10 million over net spend, or in other words £10 million in debt. After five years operating like this we are £50 million in debt. After ten years £100 million in debt. Are you happy with that? The only answer you'll get is effective off! 😂

We just have to be glad Daniel Levy is thick skinned and we have a manager who holds a degree in economics.

COYS

To simply pretend the things that matter and make the difference, don't matter as they don't fit a blinkered pre-determined agenda, is divorcing yourself from reality.

The football landscape has changed, the Premier League has been won every year by clubs with more money and therefore a higher wage bill than we have had at the time in every year since it's inception except the one extraordinary win for Leicester City.

FA Cup wins in PL era
Arsenal 8
Man U 5
Everton
Chelsea 6
Liverpool 2
Portsmouth
Man City
Wigan
Total 25 - 22 won by money

So the top two trophies in this country have produced just 47 winners from 50 attempts for clubs with substantially more money than we have, in other words, who have greater wage bills than we have or can afford. 47 out of 50.

If you can't see the correlation between the two then you, well, I don't think I need to say anything, it speaks for itself.

Without the business side though, the Leicester success wan'ts sustainable, which is what we are after.  Portsmouth now play in League Two, they were built on an unsustainable business model, Wigan are in League One because they overspent on wages and Everton have remained as a mid-table side.

Like it or not, business revenue pays player wages, entrance fees from fans don't. Business generated revenue is absolutely essential for success. fans shout about the amount of TV money etc, but we are not the only club getting it, everyone is so it isn't increasing our revenue to the levels of the teams we are competing against, a fact totally overlooked it seems.

Thanks for this. It really clarifies the temporary problem we have. Thanks to Mr Levy (best Chairman in football) and Pochettino (one of the great managers) our long term future is secure.

Football does not drive revenue, being a marketing platform drives revenue and you have to drive revenue before you take the football to the level we all want to take it to. Yes it is frustrating, but you don't gamble by throwing money into football that your revenues can not sustain if you don't qualify for the top tier competition in Europe.

Spend and keep your fingers crossed is the route to sending this club backwards, sorry folks, much as you would like it, that isn't the way forward. Buying players is more about wages than a transfer fee, the whole package over 5 years has to be taken into account, a £100,000 wage is £26 million over 5 years, add to that the transfer fee.

You have to have the guaranteed additional income in your wages budget to cover it and if you are buying more than one then you need a higher earner leaving perhaps to free up the wages budget. It needs to remain at a sustainable level against income.

It is no surprise that the teams with the 6 biggest wages budgets in Europe win the UEFA Champions League every season.

But heh, let's ignore all this and complain!


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