The group is held/headed by THL, THFAC was the original entity but is now just a subsidiary company which holds the registration of the players which is why i asked where FFP was based.
Thomas Frank & Johan Lange (& Fabio Paratici) Watch
- Thread starter Dier Hard
- Start date
-
Please bear with us on the new site integration and fixing any known bugs over the coming days. If you can not log in please try resetting your password and check your spam box. If you have tried these steps and are still struggling email [email protected] with your username/registered email address
-
TFFT, i thought it was just me
If FFP is just based on THFACL though it explains why you come up short with transfer fees.
If based on the whole group THL then you should have plenty of money.
Cheers lads, been a good night for me tonight.
Asked a few honest questions and got some honest answers and all without seeming to upset anyone (too much)
Asked a few honest questions and got some honest answers and all without seeming to upset anyone (too much)
With the passage of time and certain players' true abilities becoming clearer, I've found myself being more comfortable blaming Poch for aspects of the current predicament than I would have done within the first few years of his departure. Seeing the dross he loaded us with (not just in his final window, I'd go back and include Sanchez and Sissoko too) as well as the players he reportedly turned down, leads me to seriously question whether he ever had it in him to regroup after the devastation of that CL final and build Chapter II.
However, the series of decisions made since his departure have been bizarre if not downright frightening. Maureen and Nuno were the managerial definitions of the wrong people at the wrong time. And Nuno only became a possibility because Plan A - bringing Poch back - mercifully failed.
They join the likes of Santini, Ramos and AVB in a rather long list of the worst managerial appointments ever made.
Even Conte is a stupid appointment. If we can't back him to a similar level to which he is used to being backed, hiring him was the equivalent of paying Lewis Hamilton to drive around in a Ford mondeo.
As chairman, Levy's absolute number 1 footballing decision is who sits in the dugout. Everything else flows from that decision. And it is a decision he has only got right twice in 21 years.
Yeah Poch peaked in 2019 and you could tell he put everything into that team and time has shown he’s not bounced back from that. All his talk after the semi final win against Ajax worried me at the time and nothing I’ve seen from him since has changed my mind. He will win the title in Paris but he’s not done anything spectacular with an amazing team. Maybe he’s the sort of manager who really needs to feel connected to the ‘project’ to be at 100%. Possibly he could get that back at Spurs when he returns (seems when not if)
The Conte in a mondeo analogy is actually spot on
we aren't talking about FFP, we know you guys are massively positive FFP (which means money earnt vs money spent on the footballing side of things). The initial conversation between myself and PS was about Levy not taking any profits from the company (PS has said this and it is true levy doesn't take "dividends" he gets a fat bonus and salary, the 2nd highest in all of the PL even though tottenham are not the 2nd highest earning club or the 2nd most successful football wise to justify this)
With respect to your argument about FFP, The issue is that the club supposedly has no money (or needs to hold a bit back in reserve but no where near the amount that your FFP surplus deems) as it has spent it on investments/paying your club director.
So much word play and semantics from some Spurs fans when it comes to trying to paint our owners as saints.
doesn’t take the profit, just gets a bonus, it’s his wage lol
Roman kills people to get the oil, Uncle Joe just shows off his financial power and slowly starves the poor around him of their basic needs and starts to change the geography of their land just so that he can sit in his fat ranch a bit like the Arsenal owner we take piss out of for caring more about his ranch than his club.
ENIC OUT
doesn’t take the profit, just gets a bonus, it’s his wage lol
Roman kills people to get the oil, Uncle Joe just shows off his financial power and slowly starves the poor around him of their basic needs and starts to change the geography of their land just so that he can sit in his fat ranch a bit like the Arsenal owner we take piss out of for caring more about his ranch than his club.
ENIC OUT
I was bang on the Money when I said this reet bastard has paid more for a painting for his ****ter than he has eve for a player at Spurs, one of his many ‘projects’ and for me that is a massive reflection of his ambitions for Spurs…that’s my club, not one of his ‘projects’.
****ing dodgy bastard
****ing dodgy bastard
The worthiness of the level of remuneration that Levy has received
in recent times is fair game (specifically the PR aspect) .
"The issue is that the club supposedly has no money (or needs to hold a bit back in reserve but
no where near the amount that your FFP surplus deems) as it has spent it on investments/paying your club director."
Please feel free to educate us as to the cumulative remuneration
Levy has received during his tenure as club chairman, as a %
of the cumulative profits the club has made over the same period ...
And while we await that from you ...
Said remuneration has not impacted the club CAPEX/OPEX
(player transfer/wage costs) in building a squad competing
where Spurs have in recent times. BAD DECISION MAKING has.
So much basic misunderstanding about the fundamentals
of businesses in general from some Spurs "fans" , when it
comes to trying to pass comment on the machinations of the club.
Its a very sad fact that since that Champions league final - Fees well in excess of £250m have been paid for players to join our club and and at this moment in time we have probably not got a better player (that we bought) in any position than we had that night. Reggie for Rose is a maybe but that is a sad indictment of the transfer business done in the last 3 seasons, particularly when you remember that Sissoko, Winks and Alli all played that night
As others have said before, Spurs have not been good enough
in buying players priced in a particular price range, from whom
great things are expected but fail to materially deliver.
That statistically Spurs may be no better/worse than other clubs on
this front is moot. For where Spurs currently are and want to be,
the margins of error are very thin, and there is no luxury of wasting
money that the recent empire or Sugga Daddy FCs have.
if you would like to read the rest of the post and prior posts, you would see i have mentioned that i think it is down to the investments for the lack of cashflow (that or its all sitting in a bank). That's the whole point of FFP and the FFP balance. If you were perfectly balanced and living on a knifes edge, your FFP surplus would be close to 0 rather than the biggest in the league.
Yes you have made some appalling transfer decisions but this has already been included in your FFP calculation.
I've never tried to paint our owners as saints though. Our ideal owner would actually not be a saint because a billionaire saint would probably have better uses for her money than bankrolling a football team.
We would certainly do better on the pitch if we had an owner like Abramovic who was prepared to splash lots of cash without having any sort of a business case because he enjoys the reflected glory of owning a football club. But the Chelsea model isn't sustainable and I wouldn't actually want someone who stole his wealth in control of my club.
Joe Lewis is not exactly my cup of tea either but certainly made his money without criminality. It is pretty clear that he has instructed Levy to maximise the long term value of his investment. That has been going pretty well so far but we are now at a point where all that is at risk without more cash being available.
Diego, I think your last point about the bigger stadium not bringing in more matchday revenue was pretty clear, as was my reply.
Matches behind closed doors and loss of event revenue such as the cancelled Guns and Roses concert obviously contributed to the comparatively low figure compared to expectations.
21/22 will show an improvement but it will be 22/23 before revenue will achieve the expected figures - provided there are no more covid restrictions.
I make it thrice.....Jol, Redknapp and Poch with one more by luck than judgement. But if you compare that with say Man Utd I reckon they have only got one decision right since the 60s. Similarly Everton. None of Levy's managerial decisions have caused long term harm as evidenced by our improving league position.
A bit harsh on United, (nothing wrong with that generally), but the appointments of both Dave Sexton and Ron Atkinson were not without merit, both did a decent job at a time when the league was dominated by 1 team. Both played good football too.
Interesting stat here: since Conte has arrived at Spurs, Chelsea have picked up just one more point than us - in spite playing five more games
Of course the other surprise is that the Nomads have actually played some games in that time...
You must log in or register to see images
Of course the other surprise is that the Nomads have actually played some games in that time...
It’s crazy that we have so many games in hand. I worry about the scheduling now but to be 6th having played at a minimum 2 games less than the teams around us should be encouraging.