Daniel Levy: Spurs chairman says Premier League transfer spending unsustainable

darkwolf666 said:

I thought he made a few good comments, but agree it was lost in the self indulgence.

Think Spurs problem is they are not perceived as a big club anymore and probably not really since the 60s. A bit like West Ham, always tried to play entertaining football, yes even under George Graham, they have always been a decent cup side, but a big team? That's possibly why they are struggling to sell the grounds naming rights for the sort of money they want - not a worldwide name. I mean one of their old players / managers Ossie couldn't even say their name!

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TomandJerry said:

Chairman Daniel Levy has defended Tottenham's lack of transfer activity this summer and claimed the spending by other Premier League clubs is unsustainable.

More than £850m has been spent by top-flight sides in the transfer window, which ends on 31 August.

But Tottenham, who sold Kyle Walker to Manchester City for £45m this month, have not made any signings.

"We have a duty to manage the club appropriately," said Levy.

"Some of the activity that is going on at the moment is just impossible for it to be sustainable.

"Somebody spending £200m more than they're earning, eventually it catches up with you. And you can't keep doing it."

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El Presidente said:

Shirt sale profits are a myth though. The manufacturers make the profits, and the club gets a small commission (part of which goes to the player for image rights).

Clubs make their money from shirts from the general licencing deal, which is regardless of individual players.

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Pavilionaire said:

Make no mistake, Spurs are a big club. They'll have no trouble selling out their new stadium and could do the same at Wembley with a fair wind. The new WHL will also be hosting at least 2 NFL matches in a 10-year deal so the appeal for naming rights will be broad. They're regularly qualifying for Champions League and have run Leicester and Chelsea closest to the title for the past 2 seasons.

That said, Wembley and modest wages could be their undoing this season. They missed the boat when the Premier League was created because Alan Sugar wouldn't spend the sort of cash Man Utd, Leeds, Chelsea, Newcastle and Blackburn were spending, and Levy has to be careful that Spurs are not bypassed in this regard again.

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El Presidente said:

Just as well United had Schmeichel, Cantona, Bruce, Pallister, Robson, McLair, Hughes, Kanchelskis and Parker then.

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GreersElbow said:

Ah, I completely ignored that aspect! Do you have any good reads on finance in football?

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darkwolf666 said:

I thought he made a few good comments, but agree it was lost in the self indulgence.

Think Spurs problem is they are not perceived as a big club anymore and probably not really since the 60s. A bit like West Ham, always tried to play entertaining football, yes even under George Graham, they have always been a decent cup side, but a big team? That's possibly why they are struggling to sell the grounds naming rights for the sort of money they want - not a worldwide name. I mean one of their old players / managers Ossie couldn't even say their name!

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darkwolf666 said:

I think you missed my use of the word perceived!

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El Presidente said:

If the player is high profile it can help in terms of negotiating commercial deals with sponsors (they like to be photographed with world known players such as Messi, Ibrahamovic, Aguerro, Chris O'Grady, Ronaldo, Beckham etc.).

It's also useful when arranging pre-season tours, as the club can charge more money for overseas matches if they have household names in the team.

For most fans, if they are going to buy a shirt, they buy it, and the name on the back is not the main driver of their decision to make a purchase.

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El Presidente said:

Premier League average weekly wage, you can see the problem that Levy has, even if Spurs pay the transfer fee, they are a long way behind the other elite.

View attachment 87654

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AmexRuislip said:

I'm not surprised at Watford being in the lower half of that list, given the amount of loan signings they get from the Pozzo feeder clubs!

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El Presidente said:

It does show that plucky little Bournemouth did well to survive given their wages are over 10% below that of the next club.

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Arthur said:

This coming from the bloke who sold Gareth Bale to Real Madrid for at the time a world record fee and has just off loaded Kyle Walker for a British record (I think) fee for a defender.

Bit hypocritical moaning about it when he is part of the problem.

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AmexRuislip said:

I'm not surprised at Watford being in the lower half of that list, given the amount of loan signings they get from the Pozzo feeder clubs!

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Weststander said:

And what a good job Pulis does. Even if their style of football is unpleasing on the eye.

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