You’re probably expecting this article to a be a lengthy breakdown about the amount of TV revenue, sponsorship, merchandise and prize money lost from being unceremoniously dumped out of our well earned Champions League place? It’s not. That breakdown can be found in great detail elsewhere. There is another way to generate that amount of money, and Levy has been trying to generate it for the last few seasons – cut the deadwood.
Now before anyone says a thing, this is obviously easier said than done. There are players that we have been trying to shift for 2 or 3 successive transfer windows (I’m looking at you Dos Santos and Bentley). Daniel Levy has quite rightly always tried to recoup as much as possible from the original transfer fees, and in the case of Dos Santos, he is seemingly trying to employ a ‘double or quits’ tactic. However, we can sell as many as 6, 7 or even 8 players, without significantly damaging our squad. It could be time for Levy to have a 30% sale at White Hart Lane, and generate some income that could be used for transfer, or more importantly, to increase our wage cap to nearer £100k p/w
Jenas, Bentley, Dos Santos, Bassong, Corulka, Kranjcar- Six players right there that are still on our books and picking up a pay cheque signed by Daniel Levy. Ok, Corulka and Bassong went out on loan, so we weren’t paying their wages, but surely all of the above players are likely to, finally, leave White Hart Lane this summer? Even at a knock down price of £4M each there is ￡28M worth of footballer on that list, probably more like £35M knowing how Levy conducts his business. That’s some of your Champions league loss right there.
[typography font=”PT Sans” size=”20″ size_format=”px” color=”#222222[/linequote]If we can ship these players out there is money coming in to make up some of the lost Champions League money. Chances are only some of this will ever be reinvested in the squad, the rest will be put away for a rainy day, when the new stadium needs a sliding roof.[/typography]
Factor in the wages and bonuses of some of these players and it becomes even more money. If each of these players is on ￡35k p/w that is another ￡10.9M, most likely it may actually be nearer ￡13M.
Sell this little lot and potentially there is ￡28M in the kitty and ￡210k p/w in wages. That goes a long way towards meeting the increased wage demands on our key players, such as Bale, and possibly Modric, with virtually no impact in terms of affecting our squad.
Oh, and let’s not forget Pienaar. Another ￡4M at least and a he is rumoured to be on around ￡60k p/w. Nelsen isn’t likely to be here next season, and depending on signings Saha will most likely be off. Cudiccini, Gomes? Little money in terms of transfer income, but potentially another ￡70k p/w saved on wages. Gallas will probably stay another season, but he is also rumoured to be on £70k p/w.
If we can ship these players out there is money coming in to make up some of the lost Champions League money. Chances are only some of this will ever be reinvested in the squad, the rest will be put away for a rainy day, when the new stadium needs a sliding roof. However, with Dawson and Huddlestone returning, plus Caulker, and possibly Naughton, likely to be on the fringes of the first team, we have good cover in all but a few positions.
Plus the signing of Jan Vertonghen looks likely, and at between £9-12M it seems like great value for the Ajax captain and Dutch player of the year. He steps in to replace Nelsen and Bassong.
Obviously forwards are the guys who will command hefty transfer fees and wages, and as per usual we have been linked with every striker under the sun. The sticking point has always been wages, with most fans believing that we have the potential to spend £25M IF the right striker is available.
Getting rid of the players rotting away on our bench and in our reserves will free up wages to reward our current squad, as well as giving us much needed transfer funds to keep competing at the top of the table.
I think this could be the window where Levy finally cuts his losses and lets some of these players go at less than he would have previously wanted.
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