Another day another hole in the bucket that brought you the ‘Pochettino wants out’ story. César Luis Merlo is an Italian journalist with one of those fancy smancy Twitter Blue ticks to his name.
It looks from the extension of the Argentinian’s contract and this move, that PSG decided to get their spring-cleaning done in one day and are now prepared for a new season with a coach that hopes to build upon his single domestic trophy.
I take a view that this is would be a welcome relief and that were Daniel Levy to have thrown more good money after bad, then it would have backfired. In truth, it would maroon Poch at Tottenham for s good while his reputation for flip-flopping was able to heal.
Tottenham needs a coach who can get a long-lasting tune out of what is a dysfunctional squad and the notion that Pochettino was the right man after already failing the first time is risible. Nice guy – won nothing – went to coach Neymar and Mbappé and won a domestic pot. Hooray for Hollywood.
The matter in hand is getting Spurs back on track for next season, and the first step would be for someone other than Ryan Mason to host the preseason.
Semantics. The fact remains he departed as a result of being fired. The fact remains it was Levy’s decision once again.
You are correct. Eriksen was being paid £70,000 per week whilst that Dele was being paid £200,000 per week. The net result of this short sightedness was that Eriksen wouldn’t sign a new contract and effectively his performances deteriorated. To add icing to the cake, Levy tried to sell him for £150 mill based on the money Liverpool sold Coutinho to Barca for and then ended up selling him for £15 mill. A master negotiator in the murky jungle of the transfer market, you’re having a laugh!
Before Levy started on building the new Utopia, there was approximately £360 mill in cash on the club’s balance sheet which was earnt by top four finishes and consequently CL income. In other words the football club’s success helped build an NFL franchise with Spurs as the anchor tenants. You couldn’t make it uo.
I have a feeling that Levy isn’t overly bothered about ‘Investing’ in higher wages. I think he prefers to sell these top players on to the clubs that will pay them at that level. I assume that the stadium debt was originally planned to be paid for by the other events that were going to take place there. In respect of the player investment for transfer fees; I see this as a twofold problem. The overall net spend on transfers has not been excessive but money has been badly spent. Without knowing who is responsible for each individual signing it is difficult to form an opinion on who was at fault. My view is that Levy allows his managers to spend what they generate from player sales and any other resources directed towards transfers. He doesn’t speculate or gamble. In truth Leicester have done better at what Spurs were doing 3-4 years ago. When Spurs should have been buying a Grealish a Maddison or an N’didi we were wasting money on the likes of Llorente, Foyth, Sanchez, Aurier and Moura. Levy cannot escape the blame for any of these signings. He may not have picked them but if he didn’t; he employed the people who did and paid himself 5 million a year while sanctioning these deals.
And several more illegitimate children. At least he can afford to pay the maintenance
I accept that they had the luck or foresight to buy the club before the broadcast environment exploded which is why the value of the club and indeed all other premier league clubs have increased. However the large profits they have made have been due to the clubs relative success on the field, by late I mean high league placings and CL football.
The failure to invest in the playing staff both in transfers and salaries has and will continue to lead to a significant decline in the clubs profitability, resulting in less player investment and a vicious circle, especially in regard to debt repayments on the stadium.
Ajax are showing interest in Bergwijn but value him at €12,500,000, approximately half what Levy paid for him using his technical black box which consists of a caged chimpanzee throwing darts at a map of European clubs.
Meanwhile in the real world of professionally managed PL clubs, Liverpool have bought Konate, a CB from RB Leipzig and Leicester have bought Soumare, a CM from Lille and retain interest in Ryan Bertrand.
I do not believe Conte is a serious contender. Conte does not have the minerals to manage this team minus Harry Kane. Spurs will get a manager who will be able to manage on the bones that Levy throws them. Jose just bought Levy some time and is now the new ‘Avram Grant’ / Roy Hodgson. A manager brought in when a club is going down the shitter to create an illusion of being semi serious. Eddie Howe is your man alright. He ticks all the boxes.
Frank Butcher’s car lot…….
Stein like Wenger shows you what an outstanding coach can do, but only if allowed to get on with the job.
I am neither for or against the appointment of Eddie Howe. I’m pointing out that Eddie Howe is about the best candidate to operate as a head coach under ENIC’s regime. He has managed nearly 500 games and is 43 years old. He has a knowledge of and presumably contacts in all 4 English leagues and retained Bournemouth’s top flight status fo four four seasons, before being relegated, on probably the smallest budget of all other clubs. With a DOF like Ragnick and Howe as Head coach Spurs would have Europe and England covered with knowledge, networks and scouting relationships. When Poch was sacked; Howe’s Bournemouth began their decline. I thought then Howe was the most likely to come to Spurs. This business with Celtic and in particular the timing of it, seems a little odd to me. If Potter is a credible candidate then Howe has to be. Sir Alex tipped him last weekend for the job. He likes a bet sir Alex does he not?
What manager worth their salt would want to work under Levy? If Pochettino did come back, you have to question his mentality. We have an accountant running football affairs and Jose found that out real quick when Bale and Bergwjin were forced upon him. Both signings to fill Levy’s agenda, Bale coming back has been his vanity project for ages while Bergwjin clearly was available so we bought him for what we perceived to be a good cost so we can sell him for more later down the line if he does well. No actual thought of what the squad actually needs in terms of filling the actual positions we need.
We need Conte who’s a winner not a loser like Eddie Howe, he took Bournemouth down to the championship !
Eddie Howe took Bournemouth down, no thank you, need a winner not a loser !
It’s a well run business if you paid 29 mi££ion for a minority share in a PLC, issued shares which devalued other shareholders stake, then bought up lots of small scale devalued shareholders stakes, took complete control of the club through these methods and have been getting paid 5 million per year to enforce the agenda described above. ENIC have turned an initial 29 million pound investment into a business rumoured to be worth 2 billion. Whatever happened to Mark Jacob who wrote that book; ‘What’s The Story Boring Glory’? Does anybody know?
I believe PSG had an exclusive right to extend his contract by 12 months and that’s what they’ve done. They’ve exercised their option and it seems all parties involved are happy with it. Can we now please move on from the Poch nonsense to more realistic stuff.
Lewis didn’t put up the money because he loved Tottenham he’s a speculator and we were one of his punts. ENIC have never been good news for any of the clubs they owned they too were punts based on a perceived under valuation of the relevant clubs.
Has he extended his PSG contract? First I’ve heard of it.
Hardly a well run business then. So when we had a top notch starting 11 we paid below the going rate, while making huge profits and at the same time we had the highest paid chief executive in football.
If he’d been chief executive in any company with any scrutiny, f..k knows what the non execs do, he would have been binned years ago based on failure on the footballing front, the stadium debacle and more recently the ESL fiasco.
No, they don’t, and they sometimes relegate teams ie Sheffield Utd and Wolves, whose downward trajectory took them on a journey all the way down to the old fourth division. And it hasn’t done a lot for Arsenal so far and is not promising good things at Spurs, either, with huge levels of debt to be surmounted.
Ah diddums
Writing was on the wall when Kyle Walker quit, he must have been utterly drained listening to all the hype, and he has now earned fortunes and has many winners’ medals.
Spurs is looky-likey club.
Better timing there and of benefit to THEM but lousy timing with the stadium and the pandemic and a loss to US in terms of supposedly generating some funds to create a successful team on the pitch. Admittedly, they couldn’t have foreseen covid.
“The wage structure is all wrong”
The wage structure is what ENIC build their ‘success’ on. Bigger wages, on longer contracts, are only given to those players who can be sold on in the future for a fee that will cover the cost of the original fee paid for that player, their wages for the time spent at Spurs and the fee for their replacement. Whenever a Spurs player becomes world class, or a player that the best clubs in Europe would desire, ENIC always sell in the end. ENIC do not want a squad full of high wage earners. They have an overall budget for wages which they will not alter. If one or two players are given a huge increase then this leaves some of their team mates short changed. Eriksen was paid a relative pittance compared to Son, Dele, Kane & Hugo. I think Danny Rose also got thrown under this particular bus. Toby too for a while. Levy blew it once Spurs had a top notch starting 11. ENIC’s structure couldn’t keep them all happy.
Yes, it would appear so. Quite extraordinary, though, that we hire a manager with the brief (we were led to believe) of delivering trophies and, then, just a week before a final and perhaps a chance of winning one, we sack him!
Yes, Celtic have been incredibly complacent in recent seasons, though former CEO, Fergus McCann, did an incredible job while at the club, building them a new stadium (or three quarters new) while stabilising the finances of a club that had been within minutes of going out of business. He said he had a plan and that he would only stay five years and he was as good as his word.The stadium was on time (Celtic played at Hampden for one season) and on budget, I think. The club was then more successful than their bitter rivals (a much bigger club, incidentally) over the course of the next twenty years or so.
One parallel with Spurs, however, is the bad effect that an interfering chairman can have on a club’s performances on the field. Sir Robert Kelly was their chairman for almost a quarter of a century from 1947 and had some good points, being an outstanding administrator north of the border while, for his club, being an advocate of attacking football and good sportsmanship. Unfortunately, he fancied himself as a manager and for years overruled his gentlemanly manager in team selections. It was only with the coming of Jock Stein, who was given full control of team matters, that things really took off during the last few years of Kelly’s reign. Even allowing for the greater competition in Scottish football then, Celtic, in the first 19 seasons after the war only managed 10 finishes in the FIRST FIVE! Incredibly bad results, I think you would agree, for a club like Celtic in that environment, where, historically, they and Rangers generally dominate.
At present, like ourselves,but for different reasons, they are finding no one decent wants to manage them.
Alan suger got slagged off but he saved us but he put us on better footing but no one has built on it i am afraid new ground dont win trophies
In total agreement and whatever the pros and cons of building this new stadium (and I think far too much money was spent on it to the detriment of the team, probably for many years to come!), it has turned out to be the most unfortunate timing with this pandemic and, as you say, the unlikelihood of full capacity attendances anytime soon at The Albatross.
Total hogwash. Enjoy posting somewhere else.
Sadly, there are no repercussions for Levy personally for making a fool of himself, footballingwise.
That’s their fault for being so incompetent that, with all the money swilling around, they can still get into such debt. An ESL is hardly justified on the grounds of helping out morally corrupt clubs to sort out their finances..
Apart from the conference (if you count that, which I don’t! But then, I find it really hard to count the Europa like others do.), unless we slip even further.
Worked out well indeed.
Is the present set up sustainable with the huge debts of Real, Barcelona, Juventus.
There has to be change, the ESL was an attempt to change things.
Agree
Not a lot of logic there my understanding was Jose was brought in to win trophies
he sacked him because the uptake on cup final tickets was forgive the pun Dier
remember first final in13 years, we were
selling out Wembley for 2 seasons normal games
jose has created a toxic atmosphere it’s that simple
When will Levy et al realise, even after building the greatest stadium in Europe, having one of the greatest forward lines in European Football, he STILL cannot attract the best managers to us. The wage structure is all wrong so the best players will go elsewhere. Nobody wants to coach mediocre players with such high expectations.
Also, If you are happy playing in the bowels of Europe, (7th place ) then it’s the way to go, but then you have to be honest with the fans who fork out hard earned cash on season tickets etc.and tell us we have no hope of winning anything.
I also expect a DOF & Ledley King to be retained as part of the coaching set up under Howe with possibly / probably Robbie Keane or some other ex players recruited to give the whole ‘project’ a ‘Tottenham’ nucleus. Lipstick on a pig. It’s a predictably mediocre and Levylike solution. Turd polishing wins again.
Can we just get Eddie Howe in sooner rather than later? This roller coaster of unrealistic / underwhelming candidates has run it’s course. Eddie Howe is perfect for Levy & ENIC’s Tottenham ‘philosophy’. I’ve always suspected it would be Howe eventually. The self created drama and decline which has engulfed Spurs, since Winks and Sissoko replaced Dembele and Wanyama, was going to lead to the inevitable departures of all the big wage earners. Levy then rolls the dice with a new group of ‘prospects’, bought with the loot from the sale of the crown jewels. Eddie Howe will begin to look like the increasingly attractive ‘solution’ to the ‘problem’ Spurs currently have. I expect the Howe bandwagon to gather pace in the next two weeks.
The only thing that is astute about Levy is that he and Lewis bought the club before the explosion in broadcast revenues.
He sacked him because if he had won it it would have been more to difficult to get shot of him.
what a stupid take on his spell in French football. You’re just a shock jock, nothing more nothing less. The last time I will be click baited in to readings your proverbial shat.
Mourinho didn’t depart. He was FIRED! A few days before a cup final. The team needed the trophy badly to build up momentum and re-establish a hunger to perform. Levy miscalculated badly.
Sadly he’s no fool. The opportunity to invest was there at WHL but it was used for property investment. That’s his brief and he’s doing it well, the little cnut
Depressingly concise and accurate
I don’t know whether to laugh or cry as we see Levy stumbling around like a wino in an alley while teams who know their transfer business like Leicester and Liverpool start filling positions of need early. It is great to watch Levy make a fool of himself but sad to watch the team I have loved for over 50 years slide downhill with him.
I’d say Celtic would give Spurs a run for their money. In fact you could twin Celtic and Spurs the way they do with cities.
ENIC and Levy raise £250 million in private placements in the USA increasing their loan account debt to £850 million.
A private placement round of financing has been carried out by ENIC and Levy to raise £250 million. However, this will not be investment funding for the squad but mainly used to pay off the Bank of England pandemic loan that was borrowed as a result of having no insurance cover ( what does AIA stand for?)
The club now sits with a billion-dollar multiplex that it is unlikely will ever be completely full again for many years. The club has become comedic in its scurrying around for someone to replace the departed Mourinho and appears now as a pariah position for any credible individual with an established CV who wants success.No sponsor of any worth would currently attach their brand to the toxic reputation that ENIC has created. It has an aging squad, the vast majority of which would get nowhere near any of the top six clubs in the EPL or Europe. It has a world-class striker who now feels the only option is to leave for pastures new to actually start winning something like so many others of our best players have done over the past twenty years.
Is there any worse run club in the UK and Europe at the moment?
Can we now cut out the rhetoric that Levy is an astute businessman. The evidence indicates otherwise.
Cue the but this guy is not reliable or he has been wrong before people.