Roflham Lolspurs - "It's Just Who We Are Mate"

[HawK]

1 hour ago, AyeDubbleYoo said:

Maybe at a relegation battler. 

 

I can see it happening but I think it would be a really bad move for the club involved.

 

It's not often that managers from clubs that traditionally are challenging at the top can then do well with clubs at the bottom - it's a different mindset entirely.

 

If Poste goes to someone near the bottom it's going to be Southampton 2024-2025 mk2 imo.

[AyeDubbleYoo]

Personally I don’t think he’ll get another PL job but you never know what owners can do. 

[The Bonk]

3 minutes ago, AyeDubbleYoo said:

Personally I don’t think he’ll get another PL job but you never know what owners can do. 

Could see him at Leeds if they’re terrible by November next season. 

[The College Dropout]

Ange is a manager for a team that wants to progress. Not a relegation battle team.  
 

 

Better off going abroad in Europe at a European level club. 

[Cf]

3 hours ago, Menace said:

I think he gets another job in the Prem to be honest

 

Don't think his suicide attacking play suits a team towards the bottom.

[The College Dropout]

It’s giving AVB for sure. 
 

Who went on to have a solid career but has seemingly packed it all in in his early 50s to become a race car driver (this is not entirely made up). 

[GeordieDazzler]

6 minutes ago, The College Dropout said:

It’s giving AVB for sure. 
 

Who went on to have a solid career but has seemingly packed it all in in his early 50s to become a race car driver (this is not entirely made up). 

He’s now the president of Porto 

[M1tche]

I'd be shocked if any other Premier league club goes near him. For me, he's not good enough to be a manager in the prem, he's poor at most parts of what it takes 

[Ben]

Without trying to sound like a massive hypocrite because of our protests for Ashley ect, but what the fuck has Levy done wrong ?

[HaydnNUFC]

24 minutes ago, Ben said:

Without trying to sound like a massive hypocrite because of our protests for Ashley ect, but what the fuck has Levy done wrong ?

 

There'll be figures and more detail & minutiae that best interpret it but from my POV managers and players have come and gone, some very good ones at that, and they still have consistently failed to challenge seriously for anything. There's only been one constant in that time: Levy.

[Geogaddi]

56 minutes ago, Ben said:

Without trying to sound like a massive hypocrite because of our protests for Ashley ect, but what the fuck has Levy done wrong ?

I don't get it either , looks where Spurs were in the league before Levy joined and look at where they have finished since , Spurs ceiling is the top 4/6 and he's had them in and around that position more often than not. Comparing him to Ashley is insanity .

 

 

Edited February 16 by Geogaddi

[SteV]

4 minutes ago, Geogaddi said:

I don't get it either , looks where Spurs were in the league before Levy joined and look at where they have finished since , Spurs ceiling is the top 4/6 and he's had them in and around that position more often than not. Comparing him to Ashley is insanity .

 

 

 

Playing devils advocate - the biggest complaint against Ashley was that he never allowed the club to strive to be the best it could be. You can see how that accusation could be levelled at Levy. 
 

It’s all relative, but you can at least see the argument.

[Jonas]

Think its a long standing Spurs thing.

Will never forget them singing "We want our Tottenham back" at SJP in 97/98 (game had to be 0-0 cos we won it late) and the quizzical looks on people as to what they were on about.

In my experience they'd finished 3rd (16pts off top and never in it) once since I'd gotten into football and since then had finished between 7th and 15th which they were on for again (and for the forseeable)

They had an average finish of 10-11th in the 90s, 7th in the 80s and 12-13th in the 70s so confused looks from older fans was justified.

Levy's had them well above that and their all-time position so it can only be about not winning the occasional trophy with bang average teams like his predecessors. They finished 10th and 11th when they won cups in 91 and 99 and were a bad watch Ginola and Gascoigne apart. They'd moan about that, they did then.

 

 

Edited February 17 by Jonas

[Zero]

Levy’s problem is more on his struggles with the previous managers. Re squad building and budget control he is fine, definitely has rooms for improvement but fine.

 

Spurs under Poche / Jose / Conte were ECL contenders. All getting fired by Levy, and that’s the end of their glory days (if any)

[Stifler]

9 hours ago, SteV said:

Playing devils advocate - the biggest complaint against Ashley was that he never allowed the club to strive to be the best it could be. You can see how that accusation could be levelled at Levy. 
 

It’s all relative, but you can at least see the argument.

Not really. As you say, Ashley actively made us uncompetitive and took what he could out of the club. He took a team who regularly got into Europe (and went deep in UEFA Cup) to being a yo-yo team between the Premier League and Championship.

 

You can rightfully say Spurs aren’t actually challenging for titles and not winning cups (although a cup win in 2008 is still good for a team who’s not elite). However Levy has put everything in place for Spurs to compete. They have possibly the best stadium in sports, a world class training ground, a squad who should be doing better, since Poch they have had managers who have been ambitious appointments, even if they never came off, and they have the revenue and clubs stature to compete financially.

 

Levy and Ashley are not comparable.

[bobbydazzla]

Having a spanking new state of the art stadium that’s basically a money printing machine but then seeing yourselves rock bottom of the PL wages to turnover list must sting a bit as a Spurs fan

 

Where’s all the millions of billions of extra bunce going ? 

[Stifler]

2 minutes ago, bobbydazzla said:

Having a spanking new state of the art stadium that’s basically a money printing machine but then seeing yourselves rock bottom of the PL wages to turnover list must sting a bit as a Spurs fan

 

Where’s all the millions of billions of extra bunce going ? 

It’s going to paying off their stadium.

Thats’s why their wages to turnover is so low, because the remaining amount has to pay off their stadiums and training ground.

[r0cafella]

4 minutes ago, bobbydazzla said:

Having a spanking new state of the art stadium that’s basically a money printing machine but then seeing yourselves rock bottom of the PL wages to turnover list must sting a bit as a Spurs fan

 

Where’s all the millions of billions of extra bunce going ? 

They have to self fund. So they owe a lot of money. They almost went under during covid for some reason they got a loan from the bank of England. 

 

This is why they are a cartel club, they simply don't have the finances to be able to compete without thes restrictions. 

[bobbydazzla]

I’m not sure the stadium debt is where the money goes, they only spend £30m a year on it and their income has rocketed up to £500m.

 

I looked into their stadium debt vs income a weeks ago and posted this in our SJP thread: 

 

 

They pay about £30m a year in repayments for the stadium build. The stadium finance is over several decades and with low interest rates

 

Their revenue just from commercial activity is now £230m a year, a big chunk of which comes from having a state of the art multi-use stadium in London

Match day revenue is £115m on top of the commercial activity revenue

 

Cogito ergo sum, the money they make each year from the stadium is shitloads more than what they spend paying off the cost of building the new stadium

 

 

 

Edited February 17 by bobbydazzla

[Stifler]

 

1 hour ago, bobbydazzla said:

I’m not sure the stadium debt is where the money goes, they only spend £30m a year on it and their income has rocketed up to £500m.

 

I looked into their stadium debt vs income a weeks ago and posted this in our SJP thread: 

 

 

They pay about £30m a year in repayments for the stadium build. The stadium finance is over several decades and with low interest rates

 

Their revenue just from commercial activity is now £230m a year, a big chunk of which comes from having a state of the art multi-use stadium in London

Match day revenue is £115m on top of the commercial activity revenue

 

Cogito ergo sum, the money they make each year from the stadium is shitloads more than what they spend paying off the cost of building the new stadium

They spend £72m per year on the stadium debt and that’s just on the repayments, it doesn’t include the training ground, or general maintenance.

 

https://thstofficial.com/interim-analysis-of-tottenham-hotspur-financial-statements-2022-3/

 

[bobbydazzla]

1 hour ago, Stifler said:

 

They spend £72m per year on the stadium debt and that’s just on the repayments, it doesn’t include the training ground, or general maintenance.

 

https://thstofficial.com/interim-analysis-of-tottenham-hotspur-financial-statements-2022-3/

 

 

From what I can see that article says that the £72m a year is an annual depreciation charge on the stadium ?

 

I'm not a bean counter, but I can navigate the basics of a balance sheet and depreciation isn't debt repayments

 

Happy to be corrected though

 

 

Edit: had another quick squizz at their accounts as that's where I got my info from. Unless I'm reading it completely wrong they pay £25m a year for their finance. They owe £850m to various lenders, with an average term of 20ish years and average interest about 3%

The finance for the training ground was paid off in early 2023

 

 

 

Edited February 17 by bobbydazzla

[The College Dropout]

It looks like Spurs are all about becoming a big club financially but not on the pitch by winning trophies. 
 

This squad is in transition imo. It’s for 2-3 years down the line. A lot of teenagers.  

[TheBrownBottle]

1 hour ago, bobbydazzla said:

 

From what I can see that article says that the £72m a year is an annual depreciation charge on the stadium ?

 

I'm not a bean counter, but I can navigate the basics of a balance sheet and depreciation isn't debt repayments

 

Happy to be corrected though

 

 

Edit: had another quick squizz at their accounts as that's where I got my info from. Unless I'm reading it completely wrong they pay £25m a year for their finance. They owe £850m to various lenders, with an average term of 20ish years and average interest about 3%

The finance for the training ground was paid off in early 2023

 

 

 

 

You’re dead on - that’s precisely what it is.  It’s not a payment - it’s the amount of the original cost of a property which is amortised for accounting or tax purposes across a fixed period (usually as a percentage of the original cost).  Spurs’ actual repayment costs could be a different sum. 

[leffe186]

1 hour ago, The College Dropout said:

It looks like Spurs are all about becoming a big club financially but not on the pitch by winning trophies. 
 

This squad is in transition imo. It’s for 2-3 years down the line. A lot of teenagers.  

Yeah that’s part of the point - this is a transition that was needed at least a couple of years before it eventually happened. Doesn’t preclude us being able to win trophies now or later, but it was never going to be without at least a little bit of pain.

 

I think people are partly protesting because of missed opportunities in the recent past, partly because however impressive the wage-to-turnover is - and it is impressive - if you want to be one of the big boys sooner or later you have to spend real money. The Postecoglu stuff is harder to parse because we’ve truly looked bloody good at times then everyone died, and that is clearly a result of his coaching, bad luck, and the timing during squad-building. I don’t think the fans would be protesting if we were winning/playing better, and I don’t think that part is really down to Levy.

[TomYam]

2 hours ago, The College Dropout said:

It looks like Spurs are all about becoming a big club financially but not on the pitch by winning trophies. 
 

This squad is in transition imo. It’s for 2-3 years down the line. A lot of teenagers.  

That's kind of how it was with Spurs back in the middle to late '80s. Making masses of money first, winning second. Remember they were the first club to float on the stock exchange and set up a marketing dept. Taught ManU a thing or two.