error / mistake ? in their first year!
1: Sacking the key footballing decision makers before putting in a new structure?
2: Taking over the transfer dealings?
3: Sacking Tuschel for no sound footballing based reasoning?
4: Spending 600m over two windows without ensuring that the key positions , problems within the squad were settled.?
5: Showing a mind blowing level of naivety regarding:
The impact to the club of missing loosing a C/L place:
The knock on effect on FFP.
The difficulty of dealing in both the Premiership & European transfer markets:
The instability to the playing squad of Going through 4 managers in one season.
Lumping 12 new players on an in experienced manager G/Potter.
Totally miscalculating the effects of the issues of the sanctions against Roman & the club.
Not valuing the importance of the goodwill bounce a new owner should bring with them.
I could go on!
So what do you think has had the greatest impact?
It has been said that all new owners will make mistakes, agreed, but the list above is ridiculous & real.
Imo these guys are money people , spending 600m on players does look good on the books, but this will cost the club in terms of loosing players because the club cannot meet wages demands, players fees being undervalued because the will have to cover the contracts to make the sale.
The truth is generally you get what you pay for, if your not going to pay the wages, you will get players who are average.
CFc are not in a position to spend an extended period in limbo, due to the amortisation strategy:
Where does this first year put the club with the stadium expansion plans?
At some point these guys will just be about the money, after all they are investment bankers.
COY Blues, KTBFFH!
Todd & the consortium's most significant
posted on 6/6/23
Sacking Tuchel was the biggest mistake. You'd have been 3rd at worst with him.
posted on 6/6/23
The biggest mistake for me is the one that runs right through the whole of their tenure so far. That is don’t try to fix what isn’t broken or if you are going to fix something then have a good long look at it first to properly ascertain that it IS broken or in need of a tweak. The trouble with some rich individuals who are in a hurry to show everyone just how clever they are is that they lose sight of the fact that less is more. I would imagine that right now they feel pretty stupid and chastened by their experiences in their first year. Let’s hope they are learning the lessons moving forward.
posted on 6/6/23
In terms of naivety i think that he has probably under estimated the difficulty of getting rid of players.
Your buying strategy must have been carried out on the basis that you'll ditch the unwanted players and probably recoup a chunk of the 600m spent. getting some of these very highly paid players off the books for any kind of transfer fee will be very challenging and other chairmen will be looking to take advantage.
Overall, as a Spurs fan one can appreciate that the off-field structure needs to be right. The right expertise and knowledge, experience and understanding of the club and the whole system. Without this decision making at all levels can be flawed or undermined by failures in other areas. If Boehly cleared out a lot of the structure and failed to replace it before implementing this plan, then the plan is probably doomed to fail.
posted on 6/6/23
Going forward, the issue will be the rate of progress the clubs around us are willing to invest in.
Imo the new ownership have created a problem that may take 2/3 + plus seasons too over come.As our rivals will be in front of the curve.
Imo, when Todd & co took over the club was in a difficult position, due to the impact of the sanctions and disruption, that this brought to the club and players as it was significant.
It strikes me that although well intended the new ownership are, they did not thoroughly analyses the dynamics of running such an entity, in a combined way, the impact of business structure changes, footballing strategy and being aware of the priorities ie,
1:The importance of having a manager that is capable at the very top end & developing the squad around the managers vision. Not just a scatter gun approach , spending 600m in two windows and winding up with a dysfunctional unbalanced squad.
2: first ensuring the squad is balanced enough to compete as a top floor / CL side.ie, instead of investing assets long term , they should have also tackled the issues we have with our goal scoring problems as a minimum.
3: Introduce a direction ,new plan & process gradually without totally throwing the baby out with the bath water.
posted on 6/6/23
The pressure on Poch to succeed (top 4) will be pretty immense.
I really do not think that Chelsea can follow through with this strategy if they miss out on another year of CL. FFP will bite and while getting rid of some unwanted players this year will help now, it may not allow for more big investment and if no top 4 for a second season then the next round of sales may be of some genuine assets.
The owners right now have a further big decision to take on investment. Gamble, invest again, speculate to give a better chance of achieving the riches of the top 4, but if it back fires it only throws them into a deeper FFP mire.
posted on 6/6/23
CL is essential, but this more than likely going to take a minimum of two seasons to turn round.
It probably will all depend upon how well the club does with bringing in the right 3/4 players to fill the problem areas.
This all will depend upon how much the club is prepared to loose with regard to letting players go.
There are enough players who are attractive to other clubs available.
RL Cheek for example, he is a 30/35m player he is being sold for under 20m, the club have had an offer of 13m.
The club do have 300m > 400m worth of players available to sell.
Clear the 120m first, then after that it will be about building a fund to spend on the required players:
My biggest fear is how difficult it will be to bring 3/4 quality additions, to fill the problem areas.
posted on 7/6/23
The biggest mistake for me is the one that runs right through the whole of their tenure so far. That is don’t try to fix what isn’t broken or if you are going to fix something then have a good long look at it first to properly ascertain that it IS broken or in need of a tweak.
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This exactly
posted on 7/6/23
Tbf , to the new ownership,
Clearly when they took over the club did have numerous issues.
I hope from this point on they will have learnt from this baptism of fire.
I trust Poch, but he will only be able to do so much.
The biggest problem is imo what our rivals do to maintain their progression. How they invest, the quality of players that they bring in. All of which is out of Cfc hands.
The squad was in need of improvement.
An issue which i believe has been ongoing since the Conte era.
The club, manager & the players had been through a torrid time due to the sanctions and upheaval that this created.
My issue is that the new ownership charged in like a bull in a china shop.
It did not consider the effect of the upheaval on the players.
The issues around the poor pre season.
It did not consider the effect of new policy, wage structure on the squad.
It did not realize that first , it is essential to maintain C/L status and gradually introduce change.
Personally i wish they had spent 200m on a striker and 400m on investing in the long term development, assets.
Imo to date they have totally misjudged how best to turn the club around and gradually integrate their vision.
All of which is imo a shame and absolutely unavoidable.
They've squander the new ownership bounce, they've exposed themselves as not being the smartest people in the room.
To straighten the FFP issue and invest in the required new players they are going to take another 200/300m hit, on the devaluation of decent players to move them on.
posted on 7/6/23
Clearly when they took over the club did have numerous issues.
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Not really. They inherited a stable board situation (once their takeover relived the issues created by sanctions obviously). A club without outgoing money through debt repayments. A decent, young'ish squad with plenty of resale value in it & a world class coach. All PL clubs are a mess to a certain degree cos it's a bonkers business, but relatively speaking we were fine & an extremely appealing investment for anyone, or group of people, with the pockets to carry it.
The stadium aside, Abramovich delivered all the nuts & bolts as well. State of the art facilities at every level, youth academy with arguably the best reputation in the country, a foundation of considerable pulling power due to on-field success watched by players as kids who now are professionals. Awful lot of boxes ticked here.
posted on 7/6/23
Agreed a lot of boxes ticked,
But i think the new ownership have unnecessarily squandered a lot of capital and goodwill.
I think they have also created a situation where there is not a massive amount of band width for failure.
Football at this level by its very nature is very unpredictable, and the clubs around us will seize the moment.