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Post by thfc67 on Jun 8, 2021 13:03:54 GMT
Quite a good read. For those that can’t do the whole thing I nipped this out: From where? The Guardian www.theguardian.com/football/blog/2021/jun/08/daniel-levy-the-common-denominator-in-tottenhams-endless-managerial-farce Frankly, it's a load of bollocks. Jonathan Liew, the writer of this piece, has writen three anti Spurs articles in the last couple of months. When I pointed this out in the comments below the piece. The Guardian where 'comment is free' deleted it. The time to judge Spurs and where they are, will be next season once a new manager has been appointed and all the player comings and going have been completed. As for Liew, his dislike of Spurs borders on hatred. A Spurs fan must have once spat in his skinny latte, or something similar.
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Post by Deleted on Jun 8, 2021 13:37:50 GMT
Quite a good read. For those that can’t do the whole thing I nipped this out: Clearly Levy has a fine instinct for commerce. And yet in any normal business there would be some sort of reckoning for the serial errors that have occurred on his watch: a hierarchy to answer to, consequences to confront. Even the much-maligned Ed Woodward at Manchester United has to face the shareholders every few months. Levy, by contrast, operates a small circle of loyal nodding dogs, with an absentee owner in Joe Lewis who may as well be propped up by pillows and sticks. With fans locked out and largely ignored in any case, Levy basically has untrammelled power to keep messing up and getting away with it. How curious that the ninth richest club in the world has somehow ended in a position where the major footballing decisions are being taken by a guy who – with the greatest of respect – does not really seem to know that much about football. This much is evident from the club’s Amazon documentary, in which the normally reclusive Levy is clearly at pains to present himself as some superior footballing intellect, only to come across as the bloke who sits next to you on a plane and tells you about how he won the Champions League with Bolton on Football Manager. I think Spurs should be relatively happy with their overall side etc. They had a poor season last year, but barring a spell in the 60’s, they’ve often been a mid table side. That’s only really changed in the last 15 years and now they are somewhat consistently top 6 (barring last season). Levy also came in around 2001, so he’s really been there since the beginning of their resurgence.
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Post by dirtclod on Jun 8, 2021 14:22:00 GMT
A lot of people say similar and that they wish we had a "crisis" like Tottenhams. I started the thread and would draw attention to the question mark after the word crisis, indicating that it wasn't a statement of fact but an enquiry. Yes I conveniently ignored that Somerset and it for sure wasn't intended as the main point of my post. (To ridicule whether or not it was a crisis) It very well could be a crisis, as I don't have an insider's look at their books. Pretty bad timing, completing the billion dollar stadium during Covid- got it. I know they are in the Pig 6 but it seems only....reluctantly are they allowed in. (Probably my own perception-bias) But for top PL clubs, money creeps around the edges of everything. Just look at what they spend on players and stadiums and keep on ticking year after year. And if they do get in trouble? They are far more attractive targets for investors than Champo clubs. Maybe I'm wrong to be in "envy" of their position, player-inventory and infrastructure - but look at where WE are at. I'd rather be in the PL with money to invest than in this deadly Championship, a league that delights in penalizing and kicking teams when they're down. They just pile on misery on top of self-inflicted issues. Say what you want about clubs getting themselves into trouble - got it. But there are some pretty long histories becoming extinct because of this dictator posing as a league. They aren't helping the league thrive, they're just bringing the hammer down - couldn't even find it in their hearts to amend FFP for one freaking pandemic season? Can't amend it long enough for a club to save itself? WTF? When they find themselves left with a league of 6 or 8 teams? I only have sympathy for the teams stuck in this league. If they can save themselves financially, let them. Just give them a 3 year penalty where they aren't allowed to win the league, but don't kill them. So you finally fight and claw your way to the top for a season: Now you can't even spend money to be competitive in the next league without taking a reckless gamble! If you are relegated, now you will be in financial trouble very soon. Sheffield Wednesday, self-inflicted issues, ridiculous owner and fans we don't get along with - got it. But you won't see me laughing at their plight. They have joined an ever-growing list - the league is becoming a serial killer. Just wait, more teams are falling under their eye next year, including us - not a positive trend. Yes, self-inflicted issues - got that. But they're just stabbing already wounded clubs in the back. Maybe I'm being overly negative?
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Post by Deleted on Jun 8, 2021 16:30:40 GMT
If Levy keeps a steady hand, he'll look at the Euros to see who the next big coach is; some of them aren't up for grebs as they enjoy their lengthy contracts too much, but others are just waiting for an offer.
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Post by onepara on Jun 8, 2021 18:52:22 GMT
From todays newspaper:-
The club debt was again highlighted by lifelong fan Lord Triesman. He said " Spurs have a gross debt last reported in February of £1.177bn. The biggest in Europe. And we think that we have a debt.
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Post by thfc67 on Jun 8, 2021 19:53:29 GMT
From todays newspaper:- The club debt was again highlighted by lifelong fan Lord Triesman. He said " Spurs have a gross debt last reported in February of £1.177bn. The biggest in Europe. And we think that we have a debt. Without going into too much, mainly because I'm no financial expert. But basically most business's including football clubs are in debt, that's how they work and grow. What's more to point is the value of your assets compared to your debt. Spurs may have a debt of £1.2bn, but they are valued at/worth £1.7bn
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Post by followyoudown on Jun 8, 2021 20:15:02 GMT
From todays newspaper:- The club debt was again highlighted by lifelong fan Lord Triesman. He said " Spurs have a gross debt last reported in February of £1.177bn. The biggest in Europe. And we think that we have a debt. Without going into too much, mainly because I'm no financial expert. But basically most business's including football clubs are in debt, that's how they work and grow. What's more to point is the value of your assets compared to your debt. Spurs may have a debt of £1.2bn, but they are valued at/worth £1.7bn Yes being in debt is only a problem if you can't pay the interest and or capital back per agreed schedule. Strange decision to sack Jose, stranger decision to appoint him, Conte would have been a bigger disaster I reckon so dodged a bullet there.
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