Club statement about transfers

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This is hard to put into words so sorry it's long winded....but the reason we improved under ENIC is not better "scouting" it was as obvious as increasing squad depth. No more, no less.

Between 97 & 03 we had some fantastic first team players, but close to zero squad depth. ENIC working to the Lyon model - (worth researching that ) simply reduced the top level wages & then spread the money they set aside for wages across more squad talent. They have done the same ever since.

At Spurs there is a low threshold on our top earners and loads of players on middle to lower ( comparatively) wages within the squad. The light bulb seemed to go on with Frank Arsensen's appointment. It was immediately a fairly ( fairly ) successful model and remained as such for a decade.

But now, the model needs to adapt to retain 5/6 spot. The mid level clubs can now have top level players on big money, but no squad depth ( look at the last Transfer window @ Stoke, Swansea, WBA and others for clear examples ) This current situation is the same as the 90's where the likes of Boro had a few big names and no squads.

To adapt, THFC now need to do the reverse of what they did 10 years ago and invest in some top level wages whilst retaining the squad depth otherwise the net result / risk is that Stoke, Swansea,WBA Match or better us. However, I don't see any adaption coming soon.

I also feel we need to clear up the Bale money fallacy as that distorts how good/bad ENIC have been. Real paid a smallish sum up front and the rest of the debt was spread over 5 years ( as Levy himself once said they still owed us Modric money when Bale was sold ) this part payment and then installments Is how 99.9% of transfers work. ( and God Alone knows what Jeremy Pearce's problem was )

On the opposite side THFC would not have "Spent" the Bale money all in 2013. They might have spent a % of the initial payment, but I guarantee they have not even committed half of the final total of Bale's sale towards first team players ( given there are at least two more big payments left )

A large portion of the TV money & other wider revenue our Club generates is taken by ENIC out of the club holdings & used to increase non football asset, like property in and around the stadium.

When the time is right the property will be sold by ENIC and their company will pocket the profits, of which we won't see a penny. They will during the same period be borrowing £400 million to pay for a Stadium we actually don't need ( take a deep breath here...we do not need a 61,000 seater stadium ) anyone remember the "loan" of 50 million ENIC made to the club a few years ago ? ? ? Anyone able to explain how that works ?

The final net result wifi be a huge debt ( we don't currently have - 50 million debatable see above ) an average team ( we currently have ) and a Stadium ENIC are equally happy to rent out to NFL / U2 concerts or God knows what before it's sold off or they make THFC a tenant in their stadium.

Daniel Levy is a Land Economist by the way, not just Mr Buyrite.


Christ that is sobering.

Another little factoid conveniently swept under the carpet is that the Fulham chairman has just applied to Wembley to play there for 10 years for the sole use of his American Football team. Given that Levy has leveraged an awful lot of finance on his ambition, and it is only ambition. Nothing is signed yet. To borrow on building the stadium with American Football money. The idea the NFL will allow two different teams to operate in London seems a bit far fetched.

Even if his much trumpeted deal was reality it is only 2 games a year.How much is that actually worth? 61k of fans buying a few cokes and burgers and a slice of the ticket revenue doesn't seem much value for basically redesigning the stadium and adding a huge cost to the building of the stadium.
 
Christ that is sobering.

Another little factoid conveniently swept under the carpet is that the Fulham chairman has just applied to Wembley to play there for 10 years for the sole use of his American Football team. Given that Levy has leveraged an awful lot of finance on his ambition, and it is only ambition. Nothing is signed yet. To borrow on building the stadium with American Football money. The idea the NFL will allow two different teams to operate in London seems a bit far fetched.

Even if his much trumpeted deal was reality it is only 2 games a year.How much is that actually worth? 61k of fans buying a few cokes and burgers and a slice of the ticket revenue doesn't seem much value for basically redesigning the stadium and adding a huge cost to the building of the stadium.

I did not know that about Fulham's owner. Interesting that no approach was made to use the Olympic Stadium maybe they could not afford to issue 45,000 sets of binoculars each home game.

The 2 games a season NFL deal seems ridiculous all in all. That was never going to be enough to justify the huge loans. What makes me laugh is billionaire Joe could afford to build the Stadium brick by brick 10 times over @ £400 million.

He would owe no one anything in interest & own the stadium outright...so why not do that ? Would any sane man want a 400 million pound mortgage ( which will by the way be much more when debt interest is added ) when he could own it outright ?

This smells bad
 
I did not know that about Fulham's owner. Interesting that no approach was made to use the Olympic Stadium maybe they could not afford to issue 45,000 sets of binoculars each home game.

The 2 games a season NFL deal seems ridiculous all in all. That was never going to be enough to justify the huge loans. What makes me laugh is billionaire Joe could afford to build the Stadium brick by brick 10 times over @ £400 million.

He would owe no one anything in interest & own the stadium outright...so why not do that ? Would any sane man want a 400 million pound mortgage ( which will by the way be much more when debt interest is added ) when he could own it outright ?

This smells bad


It's actually 14 years.... Billionaire Pakistani American Shad Khan to have Jacksonville Jaguars continue playing at Wembley Stadium - The American Bazaar

And with Lewis it's anything to turn a coin and make more money for them. Anything they can put on the p&l sheet to boost our value they will do. lets wait and see if the planning permission goes smoothly.
 
This is hard to put into words so sorry it's long winded.
I feel the need to reply to this as if anyone reads it they might actually believe all the assertions, half truths and lies contained in it.


A large portion of the TV money & other wider revenue our Club generates is taken by ENIC out of the club holdings & used to increase non football asset, like property in and around the stadium.

Where is your evidence for this? If you mean the property held in Tottenham. This is not owned by THFC, but by TH Property LTD. The debt is not owned or paid for by THFC, so why should we profit from it? Are they dirty tax dodgers? Sure. Are they stealing from Spurs? No. Please provide some evidence instead of assertions.

For example anyone remember the "loan" of 50 million ENIC made to the club a few years ago ? ? ? Anyone able to explain how that works ? A club is debt free, so the owners lend it 50 million at pepper corn rates...at the same time Bulls Crosd cost 50 million funny enough
What happened is ENIC loaned the club 50 million which they then converted into shares. So effectively they invested 50 million in the company, the thieves! The club was in debt at this point (2013). It is no longer in debt. Presumably due to all the money ENIC have been filtering out?

THFC a tenant in their stadium !
Just pure hysteria.

So we @!THFC would not have "Spent" the Bale money all in 2013. They might have sanctioned a % of the initial payment, but I guarantee the board would both haveeven committed half of the final total of Bale's sale towards first team players ( given there are at least two more big payments left )
A very bizarre thing to claim. Both sales and purchases are done in instalments. So this point is entirely irrelevant. Are you claiming that the prices we paid for the players we bought were made up? There are quite clear accounts for that crazy transfer window, and they show a profit from all the transfers of £933,000 including future payments and repayments.

I love a good conspiracy theory as much as the next man. But this one is very half-baked and damaging to our club. Stick to 911 or the moon landings in future,
 
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I feel for yours. The shame must be killing her.
" How's your Audere doing love? Still drinking?"
Poor woman.

So weak.

I miss when twats were worth burying. Honestly, I can't even muster a dry fart of pretending I couldn't care.

For shame.

You must be an original get along. No one else would be so poor.
 
So weak.

I miss when twats were worth burying. Honestly, I can't even muster a dry fart of pretending I couldn't care.

For shame.

You must be an original get along. No one else would be so poor.
I can't believe the guy who just said to me "I hate your mum" is accusing me of having weak comebacks.
 
Not sure if this has already been posted, but here is good old Lyall's tuppence worth:

Tottenham's transfer window was far from a disaster - Daniel Levy appears to have changed


3790829.jpg

Tottenham's transfer window was far from a disaster - Daniel Levy has changed for the better

3401223.jpg

Reported by Lyall Thomas



Published Saturday 5 September 2015 / News

Daniel Levy has made a number of bad decisions during his time as Tottenham chairman.

Sacking good managers and selling the club’s best players have cost Spurs Champions League football season after season.

But refusing to bow to Jeremy Peace and hand over £30m for Saido Berahino is not one of them. Why? Because it would have worsened an already difficult market, set a bad precedent, cost money the club don't have and broken their new transfer policy.

Levy deserves much of the criticism he's got over the years but this time it's just not justified. Understandably, the abuse has its roots in his history of errors and the supporters’ strong desire to remain competitive for the best players and a Champions League place. But this premise is outdated and the criticism, therefore, ill-judged – irrelevant even.

If competing with the top-four, both in the market and in the league table, was Tottenham's primary aim this season then fine; the window could be branded a disaster. But this isn’t their policy. Things have changed. You’d be smashing furniture in the wrong house.

The club have recently implemented a long-term recruitment strategy that doesn’t involve competing with the top clubs in the transfer market, doesn’t even entertain the idea of panic-buying, and doesn’t put the manager under pressure to make the top-four this year. If these were never the club’s intentions, how can they be scolded for not doing them?

If there is anything Levy should be criticised for it’s not communicating this change in philosophy properly to the fans. Mauricio Pochettino, for all his cleverness in front of a microphone, has tried to, but only recently has he articulated it cleanly.

"We have five teams above us when it comes to spending (Manchester United, City, Woolwich, Chelsea and Liverpool) but our project is different to their project," he said in August. "We have young boys, mainly English, and we are trying to create a team for the future, to set the base for the following years. People maybe cannot see what our philosophy is. Sometimes you need to make a decision, sometimes you need to wait, and sometimes it is difficult for people to understand why we do not sign a player."

It’s quite simple then. Any suggestion that Pochettino is quietly furious with Levy for not landing Berahino or another centre-forward is utter nonsense. He is quite prepared to wait.

A good club and a good chairman learn from their mistakes and all the signs point to this being the case at Spurs. The recruitment drive of 2013 was grossly wasteful, with deeply disruptive consequences that Pochettino has worked hard to dissipate. Ask Brendan Rodgers how Liverpool got on with the same policy last season and how uneasy he feels about them repeating that policy this term. Tottenham would have been very foolish to make the same mistakes again and thank goodness they haven’t. The short-termism is dead and supporters should be dancing on the grave.

Is that to say the club’s new long-termism will guarantee Champions League football now or in the next four years? Not remotely. Nothing can. But for the first time in a long time, the chairman, the head coach and the club’s recruiters are united. They’re implementing a clear strategy. Villas-Boas and even Harry Redknapp will be the first to say that this hasn’t previously been the case.

Above all, to judge whether or not this strategy has been a success just days after a transfer window, or after four matches, is impossible. To brand the window a failure, Berahino or not, is nonsensical.

To decide Heung-Min Son or Clinton N'Jie, both of whom have played through the middle for either their country or their club, can't play as a centre-forward is short-sighted. This is not like training a DJ to be a doctor: more like teaching a rhythm guitarist how to play lead.

Furthermore, to burden a centre-forward as the difference between a side that scores and one that doesn’t would be to treat the team as totally one-dimensional, and the antithesis of what Pochettino is training them to be. This view is an unfortunate ill of the virtuoso-like appearance of Harry Kane and his goals last season, and is again understandable, but Pochettino wants goals from everywhere, not just his spearhead.

There has also been criticism of Levy for apparently leaving the Berahino pursuit too late, and an insinuation that he was the only target. This just isn’t accurate. The first player Spurs tried to sign this summer, the day after the season ended in fact, was Danny Ings. They then tried for Anthony Martial, then Timo Werner. Not enough targets? To blame Levy, again, would be launching torpedoes at the wrong boat. You want HMS Paul Mitchell.

Yet to criticise Mitchell and his new staff, who only began work in earnest in January, would be even more unjust than besieging the chairman. To do so would be to completely misinterpret the market, Tottenham’s place within it, and the considerable challenge Mitchell, Rob Mackenzie and David Webb have undertaken in trying to change not only the club’s recruitment methods, but also its reputation within the market, which is not good.

Ings is an excellent example of this. Spurs are not seen as the attractive destination, or even the tactical stepping stone, that they once were. Players have seen their contemporaries dwindle and fade at White Hart Lane in recent seasons. They've seen Paulinho struggle then bolt for China, Etienne Capoue outcast and offloaded to Watford, Erik Lamela trapped in purgatory, and Roberto Soldado - one of Spain's best ever goal-scorers - in complete crisis. Whatever the real reasons for this, players are suspicious towards the club. If Levy is to be criticised here, it's for helping cause this bad reputation. Nevertheless, it is going to take Mitchell and Co. more than just one transfer window to change it.

As Miguel Delaney excellently outlined in a recent Independent column, the transfer market has changed. The squeezed middle clubs can afford to simply say 'no'. And as Arsene Wenger recently pointed out, the top bracket of top talent has shrunk.

Therefore, as Pochettino recently stressed, Tottenham have got to be “clever”.
 
Lyall was banging this drum all summer and is clearly very impressed with our new structure and recruitment policy. Doesn't change the fact that we have one specialist striker though. Once the impact (or lack of it) of the new signings can be seen we'll just have to wait and assume everyone knows what they're doing :levyeyes:
 
Lyall was banging this drum all summer and is clearly very impressed with our new structure and recruitment policy. Doesn't change the fact that we have one specialist striker though. Once the impact (or lack of it) of the new signings can be seen we'll just have to wait and assume everyone knows what they're doing :levyeyes:


Like anyone with (supposedly) privileged information he isn't going to slate the club.

I can believe that we have changed our approach and objectives though - everything from the manager, scouting staff, youth setup, progress on the stadium, etc points towards it being true.
 
But only one club can say they ended the window with just one striker in their squad. And only one club and say they have spent fack all on the squad other than money recouped in player sales over the last 6 years.
I think, as fans, we have more reason than most to feel short changed
Man Utd - Rooney
Woolwich - Giroud

There's 2.
 
Not sure if this has already been posted, but here is good old Lyall's tuppence worth:

Tottenham's transfer window was far from a disaster - Daniel Levy appears to have changed


3790829.jpg

Tottenham's transfer window was far from a disaster - Daniel Levy has changed for the better

3401223.jpg

Reported by Lyall Thomas



Published Saturday 5 September 2015 / News

Daniel Levy has made a number of bad decisions during his time as Tottenham chairman.

Sacking good managers and selling the club’s best players have cost Spurs Champions League football season after season.

But refusing to bow to Jeremy Peace and hand over £30m for Saido Berahino is not one of them. Why? Because it would have worsened an already difficult market, set a bad precedent, cost money the club don't have and broken their new transfer policy.

Levy deserves much of the criticism he's got over the years but this time it's just not justified. Understandably, the abuse has its roots in his history of errors and the supporters’ strong desire to remain competitive for the best players and a Champions League place. But this premise is outdated and the criticism, therefore, ill-judged – irrelevant even.

If competing with the top-four, both in the market and in the league table, was Tottenham's primary aim this season then fine; the window could be branded a disaster. But this isn’t their policy. Things have changed. You’d be smashing furniture in the wrong house.

The club have recently implemented a long-term recruitment strategy that doesn’t involve competing with the top clubs in the transfer market, doesn’t even entertain the idea of panic-buying, and doesn’t put the manager under pressure to make the top-four this year. If these were never the club’s intentions, how can they be scolded for not doing them?

If there is anything Levy should be criticised for it’s not communicating this change in philosophy properly to the fans. Mauricio Pochettino, for all his cleverness in front of a microphone, has tried to, but only recently has he articulated it cleanly.

"We have five teams above us when it comes to spending (Manchester United, City, Woolwich, Chelsea and Liverpool) but our project is different to their project," he said in August. "We have young boys, mainly English, and we are trying to create a team for the future, to set the base for the following years. People maybe cannot see what our philosophy is. Sometimes you need to make a decision, sometimes you need to wait, and sometimes it is difficult for people to understand why we do not sign a player."

It’s quite simple then. Any suggestion that Pochettino is quietly furious with Levy for not landing Berahino or another centre-forward is utter nonsense. He is quite prepared to wait.

A good club and a good chairman learn from their mistakes and all the signs point to this being the case at Spurs. The recruitment drive of 2013 was grossly wasteful, with deeply disruptive consequences that Pochettino has worked hard to dissipate. Ask Brendan Rodgers how Liverpool got on with the same policy last season and how uneasy he feels about them repeating that policy this term. Tottenham would have been very foolish to make the same mistakes again and thank goodness they haven’t. The short-termism is dead and supporters should be dancing on the grave.

Is that to say the club’s new long-termism will guarantee Champions League football now or in the next four years? Not remotely. Nothing can. But for the first time in a long time, the chairman, the head coach and the club’s recruiters are united. They’re implementing a clear strategy. Villas-Boas and even Harry Redknapp will be the first to say that this hasn’t previously been the case.

Above all, to judge whether or not this strategy has been a success just days after a transfer window, or after four matches, is impossible. To brand the window a failure, Berahino or not, is nonsensical.

To decide Heung-Min Son or Clinton N'Jie, both of whom have played through the middle for either their country or their club, can't play as a centre-forward is short-sighted. This is not like training a DJ to be a doctor: more like teaching a rhythm guitarist how to play lead.

Furthermore, to burden a centre-forward as the difference between a side that scores and one that doesn’t would be to treat the team as totally one-dimensional, and the antithesis of what Pochettino is training them to be. This view is an unfortunate ill of the virtuoso-like appearance of Harry Kane and his goals last season, and is again understandable, but Pochettino wants goals from everywhere, not just his spearhead.

There has also been criticism of Levy for apparently leaving the Berahino pursuit too late, and an insinuation that he was the only target. This just isn’t accurate. The first player Spurs tried to sign this summer, the day after the season ended in fact, was Danny Ings. They then tried for Anthony Martial, then Timo Werner. Not enough targets? To blame Levy, again, would be launching torpedoes at the wrong boat. You want HMS Paul Mitchell.

Yet to criticise Mitchell and his new staff, who only began work in earnest in January, would be even more unjust than besieging the chairman. To do so would be to completely misinterpret the market, Tottenham’s place within it, and the considerable challenge Mitchell, Rob Mackenzie and David Webb have undertaken in trying to change not only the club’s recruitment methods, but also its reputation within the market, which is not good.

Ings is an excellent example of this. Spurs are not seen as the attractive destination, or even the tactical stepping stone, that they once were. Players have seen their contemporaries dwindle and fade at White Hart Lane in recent seasons. They've seen Paulinho struggle then bolt for China, Etienne Capoue outcast and offloaded to Watford, Erik Lamela trapped in purgatory, and Roberto Soldado - one of Spain's best ever goal-scorers - in complete crisis. Whatever the real reasons for this, players are suspicious towards the club. If Levy is to be criticised here, it's for helping cause this bad reputation. Nevertheless, it is going to take Mitchell and Co. more than just one transfer window to change it.

As Miguel Delaney excellently outlined in a recent Independent column, the transfer market has changed. The squeezed middle clubs can afford to simply say 'no'. And as Arsene Wenger recently pointed out, the top bracket of top talent has shrunk.

Therefore, as Pochettino recently stressed, Tottenham have got to be “clever”.
Much like the stadium Jam tomorrow
 
Woolwich: 4 with one injured.

Giroud - obvious
Walcott - he likes playing main striker and does play there sometimes so I would grant it on that basis. That being said I feel he is better as a sort of second wide striker.
Joel Campbell - not an awful player and very much a striker.
Welbeck - defiantly a striker, I don't like him on the wing whatsoever but injured.

Man United: 2

Rooney: pretty obvious
James Wilson: apparently some good things expected from this kid.

Spurs: 2

Kane
Ade although we won't play him so 1 striker really. Guess we will have to convert either Chadli, Son or N'jie.
 
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