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The accounts also reveal how much of the transfer fees are paid in stages with Tottenham still owing other clubs £51 million, while being owed £73 million – though Spurs have received £33 million of the Bale fee from Real Madrid since the balance sheet date.

The majority will surely still be from Real .......:levystare: call in the debt and bring him home. :baletroll:
 
Oh OK then. considering we`re playing shite, with average players, and unlikely to spend again this summer, that graph is supposed to bring cheers of joy and laughter is it. Just 2 words for you baby............... Fuck Off
Oh, I appear to have hurt someone's feelings.

We have a bunch of young players. Not average ones, unless you think they'll never get better.

Kane is excellent. Lloris is excellent. Eriksen is excellent.

The rest are a work in progress. We've got the youngest team in the League, and the intention is to develop them. What were we supposed to do? Spend big buying whatever name floated across the fax machine?

We did that last year, it was such a roaring success.

Berbatov, Modric and Bale all wanted to go. Van der Vart bailed when he found out he'd have to fight for his place. Sandro was permacrocked. We didn't look to sell them through a gleeful desire to run a massive profit, we made lemonade when they became lemons.

But don't let me get in the way of your narrative.
 
1. Profit on player sales - we are a selling club.
2. But also much improved sponsorship arrangements for 2014/15 will provide strong addn funds for thfc.
3. We need a bigger stadium
 
Great read as usual from Swiss Ramble.

I don't see us a 'selling club', as that term is often used in a pejorative way to talk about clubs that need to sell to survive. This is clearly not the case for us. Our 'forced sales' have been due to player pressure not economic necessity.

For years I have described us as a 'trading club', and I still see us as that. Indeed under ENIC we have been incredibly successful in these trading activities, racking up a profit of £267m in the last nine years. We've found some incredible bargains of course, especially Bale.

Incidentally the next accounts won't show much of a player profit, IMHO, unless we sell one of our big players in the next couple of months. We might even make a loss on player sales, because the amortisation charge is likely to be very hefty, with Soldado and Lamela et al continuing to cost us big-time, plus this season's arrivals like Fazio and Dier.
 
When I think about the horribly average squad we now have, then think of the squad we had 5 years ago, then look at that graph at the bottom, it makes me want to put my fist through the screen. I`m going for a lye down... bye.
 
When I think about the horribly average squad we now have, then think of the squad we had 5 years ago, then look at that graph at the bottom, it makes me want to put my fist through the screen. I`m going for a lie down... bye.
If you can figure out how to convince Modric and Bale to not go on strike and move to Madrid, find a time machine and get in touch with Levy. Otherwise, quit whining about players being rational about their careers.
 
If you can figure out how to convince Modric and Bale to not go on strike and move to Madrid, find a time machine and get in touch with Levy. Otherwise, quit whining about players being rational about their careers.
Oh OK then. considering we`re playing shite, with average players, and unlikely to spend again this summer, that graph is supposed to bring cheers of joy and laughter is it. Just 2 words for you baby............... Fuck Off
 
Surely our net spend is a little anomalous. I didn't see anyone else buying one player for 5m and selling him for 86m.

Even Suarez cost 22 and went for 60. Which was far too low if you ask me
 
Surely our net spend is a little anomalous. I didn't see anyone else buying one player for 5m and selling him for 86m.

Even Suarez cost 22 and went for 60. Which was far too low if you ask me


Yes, but we never reinvested the Modric money as far as I can tell - that was just £30m in and then we bottled signing Moutinho.
 
Always love the Swiss Ramble reviews,
I said we are are selling club, Greavsie said we are not - rather a trading club.
I'll accept that.
But yes we cannot walk away from this - when our Sponsorship monies (shirt, kit, etc) and Media (missing CL money) is so far below our competitors.
So yes we need to be a trading club - i'm ok as long as we can have the hope of jagging the odd excellent yr when a group of talented players come together.

The comment by Poch saying we may not be a bigger club but rather a different club - to me now says what the strategy is.

Rather than buying Capuoe, Stambouli, Chiriches, Fazio etc I can see Levy, Poch, Mitchell saying we will hold say 16-18 quality players and then holding 10-12 young players (under 21).
This strategy provides -
1. A lower total wage ratio %
2. The smaller number of quality to deal with EPL
3. Holding and coaching the younger 10-12 will play more games from EPL U18/21's with double up in the early rounds of EL/CC/FA Cups. Some of these quality younger players can still be loaned out from January if cup commitments reduce.
4. Provides upside for adding value $ to the total squad for TRADING Surpluses.

So we need to:
1. Identify/acquire younger players to come in - Mitchell and his offsider (name escapes me). Dele Alli is a clear example of his.
2. Improve the quality of the first 11-16. This has to be done, it has been announced already that the likes of up to 10 be moved on - Paulinho, Capoue, Chiriches, Adebayor, Kaboul etc.... This 8-10 being sold need to be replaced by say 4 quality but also say 4 Mitchell identified U21 rising stars.
3. Build that Stadium
 
Good post Shawry and a lot that I agree with there.

For me it's key we keep some of our youngsters to play in the EL rather than loan them out. I don't want any of the 'first XI' on a plane to anywhere during those autumn and winter Thursdays. Youth and fringe players only for away games, probably for home games too, but at least there you can mix it up a little if desired, and it isn't an early Sunday kick off.

I want to see Fredericks Yedlin Alli Prichard and maybe a few others like Onomah, Walker Peters etc playing for us next season, not other teams.

One problem with the blueprint you outlined and I'm sure you're aware of it is moving on the players you mention ' Paulinho, Capoue, Chiriches, Adebayor, Kaboul etc'. Some of them might not want to go, others might not attract the fee Levy wants. Never forget how long BAE and Gomes stayed with us, for example, despite it seems being surplus to requirements.
 
1. Profit on player sales - we are a selling club.
2. But also much improved sponsorship arrangements for 2014/15 will provide strong addn funds for thfc.
3. We need a bigger stadium
Basically. But every club is a selling club, save for Bayern, Real Madrid and Barcelona (even them, arguably, though under different circumstances).

We really need the new stadium to be able to consistently compete.
 
MIND THE GAP.

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