Part Two!!
Our revenue has grown from £115 million in 2008 to £181 million in 2013/14, an increase of £66 million, 83% of that, £55 million, is the result of increased TV money. Commercial income has risen by £8 million to £42 million and match day income by £4 million to £44 million. Raising commercial and match day income is essential, reducing all income by not being in Europe simply makes matters worse for us, not better.
Our Champions League exploits raised £37 million in prize money and gate receipts. We tried in the summer of 2013 to buy a team to achieve it again, three proven quality players (Lamela, Soldado, Paulinho) with what we hoped was burgeoning talent (Capoue, Chiriches, Chadli, Eriksen). It didn't work so we returned to the successful model we had before that got us Champions League football in the first place.
Fans were crying out for investment in a quality striker, as if that was a guarantee of success, we bought one virtually all were happy with, he failed. Spurs can't just afford to say never mind, give that one away and spend big on another. That is a recipe for disaster, it is not a sustainable business model, without which we won't have the consistent success we seek.
Of course everyone is enjoying greater TV money and with the top clubs growing their commercial income as well, we can not stand still. As mentioned our revenue grew by £33 million in 2013/14, however Manchester City grew £76 million, Manchester United £70 million, Chelsea £60 million, Arsenal £55 million and Liverpool £50 million.
Even growing and being in a better position than the rest we are falling further behind the top clubs and thus can not compete for the top players financially. Why join Spurs on £70,000-a-week when Arsenal or Liverpool will pay you £140,000-a-week or Chelsea, Man Utd, Man City will pay you £250,000-a-week?
1. Manchester United £433 million
2. Manchester City £347 million
3. Chelsea £320 million
4. Arsenal £299 million
5. Liverpool £256 million
6. Tottenham Hotspur revenue £181 million
7. Newcastle United £130 million
8. Everton £121 million
We may be the 6th richest club in the Premier League but we are the poor relations and have to cut our cloth accordingly. Changing the huge financial disparity is the only method to success so I ask the anti Levy brigade who is best to do that, Levy or the unknown.
A new owner does not guarantee success but increasing our income gives us a chance. Remember the statistics, 44 of 49 trophies won by clubs with greater income than us. Just 4 won in total by the other 14 clubs with less income than us in the Premier League at any time.
Money is everything in football today.
Comment deleted by Site Moderator
Comment deleted by Article Creator
Cal..............not sure what you are trying to say!
Glad you have a sense of humour Kolo!
I'm a Liverpool fan, god knows I need one!
Comment deleted by Site Moderator
"I now expect the Rose tinted spectacle members to maul me for daring to speak"
your opinion.
Well that was boring, all that stuff usually gets brought up on here anyway
Another way of looking at it is like this:
Tottenham under Levy have the worst return on investment in Europe.
the most sensible way to look upon this situation is that when levy came in we were a bottom half club, and in an era of football where money has gone crazy with oil money, he has run it as a business and dragged us up to become a regular top 6 team with pretty much the best training facility in the country, and one of the best stadiums in the country.
not sure many other chairmen could do that, and we are very, very lucky to have him.
made loads of mistakes, but he's human… got more right than wrong and unfortunately we have far too many idiot fans who cannot understand or appreciate the huge task it is to keep spurs competitive on less finances than our rivals….
comment by Topgeezah (U15856)
posted 27 minutes ago
1. Not strengthening when we were strong - cardinal sin and additions at key times would have seen us as an established CL team.
2. Zero net spend is not investment
3. Stadium should have been built by now - should have just paid off Archway and got moving.
4. The Harry to AVB move was a massive mistake.
5. Franco Baldini - no need to expand on that one
6. Clearly the club is being mobilised to be sold and a whopping profit will go into the back pockets.
I now expect the Rose tinted spectacle members to maul me for daring to speak the truth
----------------------------------------------------------------------
what a mug .
1. the faack ups were down to redknapp taking eye off ball and lack of rotation.
2. not sure of your point
3. its a stadium. not a garden shed. you clearly don't work in property, and have no idea how the property market works.
4. redknapp talked himself out of a job and made his position untenable. AVB was not the best possible appointment, agreed. but if you loved harry so much, remind me who employed him…
5. virtually certain that you have no idea what bald ini's exact role is at the club, and if he wasn't performing i am pretty sure levy is cut throat enough to sack him.
6. well yeah, its a business.. levy doesn't call the shots on that.. lewis does… spurs is one investment of enic and tavistock group. again you are showing that you have little understanding of how your club works. how sad.
you have just been mauled by a sensible spurs fan
and one of the best stadiums in the country.
--
on the way of course...
Comment deleted by Site Moderator
comment by Topgeezah (U15856)
posted 2 minutes ago
Sorry nothing "sensible" in that drivel, just one poster who thinks he is right all the time
I now predict a series of abusive responses
----------------------------------------------------------------------
nah you are just a joke mate. week after levy announced a truly groundbreaking deal that could make huge strides for the club you still cannot even give him a tiny bit of praise.
no point in abuse, just feel a bit sorry for you
i would be interested for you to pick out the drivel for me…
redknapp didnt take eye off ball?
we are not run as a business?
you don't know bald ini's exact role?
levy didnt hire redknapp?
i mean all these are facts…… but its drivel to you
stadium should be built by now, spurs run the courts do we?
what a mug !
…………waiting to hear the drivel mate
which of the above facts are drivel?
Best praise about levy is compare Spurs when he joined, to now.
comment by Edinspur (U1109)
posted 32 seconds ago
Best praise about levy is compare Spurs when he joined, to now.
----------------------------------------------------------------------
thats just it.
huge huge improvements at a time when prem is more competitive than ever.
loads of mistakes, but all in all step back and see the progress.
could we have done better? yes, but unless you win the league then you can always do better…
club is now set up to properly move forward in the next decade.
I agree that we're lucky to have Levy and I feel sure that a fella with the business acumen of Joe Lewis wouldn't employ him if he doubted his ability. He's not a fella I'd enjoy a pint with but I would be happy to shake his hand ............ checking to ensure that my watch was still on afterwards obviously.
Careful what you wish for
Irving Scholar
comment by Harrys accountant (U1141)
posted 10 minutes ago
I agree that we're lucky to have Levy and I feel sure that a fella with the business acumen of Joe Lewis wouldn't employ him if he doubted his ability. He's not a fella I'd enjoy a pint with but I would be happy to shake his hand ............ checking to ensure that my watch was still on afterwards obviously.
----------------------------------------------------------------------
Lewis doesn't employ him, Levy owns 30% of the company
comment by The Holy Doos (U10416)
posted 1 minute ago
comment by Harrys accountant (U1141)
posted 10 minutes ago
I agree that we're lucky to have Levy and I feel sure that a fella with the business acumen of Joe Lewis wouldn't employ him if he doubted his ability. He's not a fella I'd enjoy a pint with but I would be happy to shake his hand ............ checking to ensure that my watch was still on afterwards obviously.
----------------------------------------------------------------------
Lewis doesn't employ him, Levy owns 30% of the company
----------------------------------------------------------------------
I stand corrected but the watch issue is still valid
Sign in if you want to comment
For those who hate Daniel Levy!
Page 1 of 5
posted on 15/7/15
Part Two!!
Our revenue has grown from £115 million in 2008 to £181 million in 2013/14, an increase of £66 million, 83% of that, £55 million, is the result of increased TV money. Commercial income has risen by £8 million to £42 million and match day income by £4 million to £44 million. Raising commercial and match day income is essential, reducing all income by not being in Europe simply makes matters worse for us, not better.
Our Champions League exploits raised £37 million in prize money and gate receipts. We tried in the summer of 2013 to buy a team to achieve it again, three proven quality players (Lamela, Soldado, Paulinho) with what we hoped was burgeoning talent (Capoue, Chiriches, Chadli, Eriksen). It didn't work so we returned to the successful model we had before that got us Champions League football in the first place.
Fans were crying out for investment in a quality striker, as if that was a guarantee of success, we bought one virtually all were happy with, he failed. Spurs can't just afford to say never mind, give that one away and spend big on another. That is a recipe for disaster, it is not a sustainable business model, without which we won't have the consistent success we seek.
Of course everyone is enjoying greater TV money and with the top clubs growing their commercial income as well, we can not stand still. As mentioned our revenue grew by £33 million in 2013/14, however Manchester City grew £76 million, Manchester United £70 million, Chelsea £60 million, Arsenal £55 million and Liverpool £50 million.
Even growing and being in a better position than the rest we are falling further behind the top clubs and thus can not compete for the top players financially. Why join Spurs on £70,000-a-week when Arsenal or Liverpool will pay you £140,000-a-week or Chelsea, Man Utd, Man City will pay you £250,000-a-week?
1. Manchester United £433 million
2. Manchester City £347 million
3. Chelsea £320 million
4. Arsenal £299 million
5. Liverpool £256 million
6. Tottenham Hotspur revenue £181 million
7. Newcastle United £130 million
8. Everton £121 million
We may be the 6th richest club in the Premier League but we are the poor relations and have to cut our cloth accordingly. Changing the huge financial disparity is the only method to success so I ask the anti Levy brigade who is best to do that, Levy or the unknown.
A new owner does not guarantee success but increasing our income gives us a chance. Remember the statistics, 44 of 49 trophies won by clubs with greater income than us. Just 4 won in total by the other 14 clubs with less income than us in the Premier League at any time.
Money is everything in football today.
posted on 15/7/15
Comment deleted by Site Moderator
posted on 15/7/15
Comment deleted by Article Creator
posted on 15/7/15
Kolo out!
posted on 15/7/15
posted on 15/7/15
Cal..............not sure what you are trying to say!
posted on 15/7/15
Glad you have a sense of humour Kolo!
posted on 15/7/15
I'm a Liverpool fan, god knows I need one!
posted on 15/7/15
Comment deleted by Site Moderator
posted on 15/7/15
"I now expect the Rose tinted spectacle members to maul me for daring to speak"
your opinion.
posted on 15/7/15
Well that was boring, all that stuff usually gets brought up on here anyway
posted on 15/7/15
Another way of looking at it is like this:
Tottenham under Levy have the worst return on investment in Europe.
posted on 15/7/15
the most sensible way to look upon this situation is that when levy came in we were a bottom half club, and in an era of football where money has gone crazy with oil money, he has run it as a business and dragged us up to become a regular top 6 team with pretty much the best training facility in the country, and one of the best stadiums in the country.
not sure many other chairmen could do that, and we are very, very lucky to have him.
made loads of mistakes, but he's human… got more right than wrong and unfortunately we have far too many idiot fans who cannot understand or appreciate the huge task it is to keep spurs competitive on less finances than our rivals….
posted on 15/7/15
comment by Topgeezah (U15856)
posted 27 minutes ago
1. Not strengthening when we were strong - cardinal sin and additions at key times would have seen us as an established CL team.
2. Zero net spend is not investment
3. Stadium should have been built by now - should have just paid off Archway and got moving.
4. The Harry to AVB move was a massive mistake.
5. Franco Baldini - no need to expand on that one
6. Clearly the club is being mobilised to be sold and a whopping profit will go into the back pockets.
I now expect the Rose tinted spectacle members to maul me for daring to speak the truth
----------------------------------------------------------------------
what a mug .
1. the faack ups were down to redknapp taking eye off ball and lack of rotation.
2. not sure of your point
3. its a stadium. not a garden shed. you clearly don't work in property, and have no idea how the property market works.
4. redknapp talked himself out of a job and made his position untenable. AVB was not the best possible appointment, agreed. but if you loved harry so much, remind me who employed him…
5. virtually certain that you have no idea what bald ini's exact role is at the club, and if he wasn't performing i am pretty sure levy is cut throat enough to sack him.
6. well yeah, its a business.. levy doesn't call the shots on that.. lewis does… spurs is one investment of enic and tavistock group. again you are showing that you have little understanding of how your club works. how sad.
you have just been mauled by a sensible spurs fan
posted on 15/7/15
and one of the best stadiums in the country.
--
on the way of course...
posted on 15/7/15
Comment deleted by Site Moderator
posted on 15/7/15
comment by Topgeezah (U15856)
posted 2 minutes ago
Sorry nothing "sensible" in that drivel, just one poster who thinks he is right all the time
I now predict a series of abusive responses
----------------------------------------------------------------------
nah you are just a joke mate. week after levy announced a truly groundbreaking deal that could make huge strides for the club you still cannot even give him a tiny bit of praise.
no point in abuse, just feel a bit sorry for you
posted on 15/7/15
i would be interested for you to pick out the drivel for me…
redknapp didnt take eye off ball?
we are not run as a business?
you don't know bald ini's exact role?
levy didnt hire redknapp?
i mean all these are facts…… but its drivel to you
stadium should be built by now, spurs run the courts do we?
what a mug !
posted on 15/7/15
…………waiting to hear the drivel mate
which of the above facts are drivel?
posted on 15/7/15
Best praise about levy is compare Spurs when he joined, to now.
posted on 15/7/15
comment by Edinspur (U1109)
posted 32 seconds ago
Best praise about levy is compare Spurs when he joined, to now.
----------------------------------------------------------------------
thats just it.
huge huge improvements at a time when prem is more competitive than ever.
loads of mistakes, but all in all step back and see the progress.
could we have done better? yes, but unless you win the league then you can always do better…
club is now set up to properly move forward in the next decade.
posted on 15/7/15
I agree that we're lucky to have Levy and I feel sure that a fella with the business acumen of Joe Lewis wouldn't employ him if he doubted his ability. He's not a fella I'd enjoy a pint with but I would be happy to shake his hand ............ checking to ensure that my watch was still on afterwards obviously.
posted on 15/7/15
Careful what you wish for
Irving Scholar
posted on 15/7/15
comment by Harrys accountant (U1141)
posted 10 minutes ago
I agree that we're lucky to have Levy and I feel sure that a fella with the business acumen of Joe Lewis wouldn't employ him if he doubted his ability. He's not a fella I'd enjoy a pint with but I would be happy to shake his hand ............ checking to ensure that my watch was still on afterwards obviously.
----------------------------------------------------------------------
Lewis doesn't employ him, Levy owns 30% of the company
posted on 15/7/15
comment by The Holy Doos (U10416)
posted 1 minute ago
comment by Harrys accountant (U1141)
posted 10 minutes ago
I agree that we're lucky to have Levy and I feel sure that a fella with the business acumen of Joe Lewis wouldn't employ him if he doubted his ability. He's not a fella I'd enjoy a pint with but I would be happy to shake his hand ............ checking to ensure that my watch was still on afterwards obviously.
----------------------------------------------------------------------
Lewis doesn't employ him, Levy owns 30% of the company
----------------------------------------------------------------------
I stand corrected but the watch issue is still valid
Page 1 of 5