Club watch

[PleaseNotPoll]

Well that brings us back to the moral argument. That clearly requires players and directors salaries to be cut first. I think that is the ethical and moral thing to do. The trouble with that is the PFA are right that reducing the players's salaries by 30% effectively takes nearly half of that out of the government's coffers by reducing tax take. So the 'moral' thing to do actually costs the Government more in the short term than claiming the furlough money!
This stuff is more tricky than it looks which is why hasty judgements are always bad.

Don't cut the players' salaries.
Have them pay a cut of it into a pool and use that to pay the normal employees, then use the rest on coronavirus funding.
Buy PPE for those on the frontline, transport staff, etc.

The players would find that acceptable, in my opinion.

 

[Spurlock]

I completely agree the decision is morally wrong. But morals don't come in to company law unfortunately. I am just trying to understand why the Club took such a strange decision. And it definitely isn't taxpayers money. Why do you facepalm that?

because Levy would try anything to save a penny...thinks like a tramp yet runs Spurs and you are ok with that as a supporter of the club?

I’m glad you can digest that enough to make excuses for him And if you are just trying to understand why Levy made the decision then let me know when you reach the conclusion that it’s because he’s got deep pockets and short arms and that isn’t just a blasé response it’s based on his penny pinching that we have witnessed for years and years mate.

 

[PowerSpurs]

because Levy would try anything to save a penny...thinks like a tramp yet runs Spurs and you are ok with that as a supporter of the club?

I’m glad you can digest that enough to make excuses for him And if you are just trying to understand why Levy made the decision then let me know when you reach the conclusion that it’s because he’s got deep pockets and short arms and that isn’t just a blasé response it’s based on his penny pinching that we have witnessed for years and years mate.

Have you actually seen the stadium and the training ground? They are as far away from penny pinching as you can get. He makes rational decisions on how much to spend on transfers based on a sensible analysis on whether the spend is justified. Again not penny pinching. What proven PL Chairman has improved their club more over the ENIC ownership years? The only one is Man City and they broke the rules.

 

[vimhawk]

Don't cut the players' salaries.
Have them pay a cut of it into a pool and use that to pay the normal employees, then use the rest on coronavirus funding.
Buy PPE for those on the frontline, transport staff, etc.

The players would find that acceptable, in my opinion.

PPE not so much of a problem now. My wife says that they've just reclassified (in her hospital anyway) what constitutes proper PPE, and since that's less than it used to be, it's clearly much easier to meet the requirements!

 

[PowerSpurs]

Don't cut the players' salaries.
Have them pay a cut of it into a pool and use that to pay the normal employees, then use the rest on coronavirus funding.
Buy PPE for those on the frontline, transport staff, etc.

The players would find that acceptable, in my opinion.

That would indeed be the moral and ethical approach. But the club still goes bust in less than a year if we don't start playing again and it would be quite hard to structure the pool to make it comply with tax and employment laws.
One solution would be to get the FA and UEFA to suspend the FFP rules and allow each owner to inject the lost cash. But that would really harm the poorer clubs.

 

[PleaseNotPoll]

PPE not so much of a problem now. My wife says that they've just reclassified (in her hospital anyway) what constitutes proper PPE, and since that's less than it used to be, it's clearly much easier to meet the requirements!

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If the ball won't come to the goal...

 

["Thanks for that Brian"]

Since the value of the land is already included in the net assets, selling it makes no difference to our solvency unless we get a higher than book price which seems unlikely in the current situation.
We are very likely better advised than most other clubs and I suspect we have taken the words I quote above, namely our Directors' obligations to "take every step with a view to minimising the potential loss to the company’s creditors" very seriously. Taken at face value, if the revised business plan currently shows the club being insolvent within a year because of no income, and there is Government help available, it would be hard to get a lawyer to advise you not to take it.

Didn't we recently (last couple of months) get permission to develop 300+ housing units? That must have increased the value of that land beyond its previous book value? The club have access to considerable saleable assets. Lo Celso's value must be well in advance of what we have him valued at. We're nowhere near crisis point.

Levy took the money because it was available. He's a scorpion...it's what he does. Unfortunately for him, it could involve him killing the frog and drowning in the lake.

 

[remembercolinlee]

On your first point I agree that the decision is wrong....I am more looking to understand why the Directors took it.
On your second point I don't think any of us should feel shame about the actions of the club. Each of us might well decide whether or not we should continue to support the club financially or otherwise based on their decisions on how they use our money. Which is why I am trying to understand why they did this.

This'll probably sound like bollocks so forgive me...

You are right...I should not have said it shames all but it does shame me and here is why...

When I was a kid Spurs was the lifeline that helped me cope with the child beating **** that my idiot mother married.

The beatings, threats and insults were manageable cos I had Spurs and they couldn't take that away no matter what he did and how much she failed to protect me.

As a 10 year old I had some subuetteo pieces (a broken goal, a keeper with one arm and about 6 players) which I used to reenact games I heard on the radio or read about or watched on my busted up portable tv.

These are some of my fondest memories as a kid.

I never went in the front room or ate with the family (apart from xmas day cos of my kid brother and sister... his kids) from the age of 12 until I left aged 17.

Listening to spurs, making scrap books of our matches made me feel part of something other than my ****ed up family.

From 1981 til I left home going to spurs was like having a home. I was welcomed, treated like I belonged and this made everything good in my world.
Used to go with a mate and we ate at the same chippy everytime before and after the game and listen to the radio build up and match reports.

In a final act of spite my idiot mother and her **** of a husband destroyed all my scrapbooks and my programmes and memorabilia when I left home.

I took my girls to games which was something I dreamed about doing as a kid. I even got to take them to the same chippy I used to go to as a kid before it was closed down.

12 years ago I became ill and had all sorts of cancer tests (luckily clear) but it turned out I was in the middle of a mental health episode based around my childhood and my son's death.

My fantastic partner helped me get counselling and after telling her about my stuff being destroyed, she encouraged me to re buy what we could through Ebay.
Found all the programmes and some scrapbooks of when I was a kid.

I get "bonding" time with my girls at football and have a huge amount of memories. I even make them both a scrapbook every year which they love.
Their Grandad (mums side) even saves paper cuttings for me to help out.

I believed I was part of something as a kid and I introduced that to my girls.

It is this experience that leads to me feeling shamed.

Sorry to make this about me but spurs have always been a huge part of me as a person.

And to deprive staff of 20% of their wages (even if you ignore the furloughed issue) shames me...and (if it is not stopped) it ain't something I can continue to financially support so will have to end our decades of memberships and of travelling to the lane.
It will be a gut wrenching thing to do but if this goes through I will not return or buy snything from the club while Levy remains our Chairman.

 

[PowerSpurs]

This'll probably sound like bollocks so forgive me...

You are right...I should not have said it shames all but it does shame me and here is why...

When I was a kid Spurs was the lifeline that helped me cope with the child beating **** that my idiot mother married.

The beatings, threats and insults were manageable cos I had Spurs and they couldn't take that away no matter what he did and how much she failed to protect me.

As a 10 year old I had some subuetteo pieces (a broken goal, a keeper with one arm and about 6 players) which I used to reenact games I heard on the radio or read about or watched on my busted up portable tv.

These are some of my fondest memories as a kid.

I never went in the front room or ate with the family (apart from xmas day cos of my kid brother and sister... his kids) from the age of 12 until I left aged 17.

Listening to spurs, making scrap books of our matches made me feel part of something other than my ****ed up family.

From 1981 til I left home going to spurs was like having a home. I was welcomed, treated like I belonged and this made everything good in my world.
Used to go with a mate and we ate at the same chippy everytime before and after the game and listen to the radio build up and match reports.

In a final act of spite my idiot mother and her **** of a husband destroyed all my scrapbooks and my programmes and memorabilia when I left home.

I took my girls to games which was something I dreamed about doing as a kid. I even got to take them to the same chippy I used to go to as a kid before it was closed down.

12 years ago I became ill and had all sorts of cancer tests (luckily clear) but it turned out I was in the middle of a mental health episode based around my childhood and my son's death.

My fantastic partner helped me get counselling and after telling her about my stuff being destroyed, she encouraged me to re buy what we could through Ebay.
Found all the programmes and some scrapbooks of when I was a kid.

I get "bonding" time with my girls at football and have a huge amount of memories. I even make them both a scrapbook every year which they love.
Their Grandad (mums side) even saves paper cuttings for me to help out.

I believed I was part of something as a kid and I introduced that to my girls.

It is this experience that leads to me feeling shamed.

Sorry to make this about me but spurs have always been a huge part of me as a person.

And to deprive staff of 20% of their wages (even if you ignore the furloughed issue) shames me...and (if it is not stopped) it ain't something I can continue to financially support so will have to end our decades of memberships and of travelling to the lane.
It will be a gut wrenching thing to do but if this goes through I will not return or buy snything from the club while Levy remains our Chairman.

It sounds like anything but bollocks. I truly hope that the Club finds a different approach or I might well take the same action. I'm not committed for anything like the same reasons but it would still be a wrench. They've already got my money for next season though so not sure how that will go....

 

[PleaseNotPoll]

It sounds like anything but bollocks. I truly hope that the Club finds a different approach or I might well take the same action. I'm not committed for anything like the same reasons but it would still be a wrench. They've already got my money for next season though so not sure how that will go....

Have they already opened the window for some areas of the stadium?
I thought it had all been delayed, though I'm aware that yours isn't a normal season ticket.

 

[The RDBD]

Also, we own huge tracts of land in Tottenham

We own ALL of that manor.

< We are the true heirs of the "Hotspur" >

 

[PowerSpurs]

Have they already opened the window for some areas of the stadium?
I thought it had all been delayed, though I'm aware that yours isn't a normal season ticket.

Premium seats were renewed by 1 March.....

 

[humanbeingincroydon]

because Levy would try anything to save a penny...thinks like a tramp yet runs Spurs and you are ok with that as a supporter of the club?

I’m glad you can digest that enough to make excuses for him And if you are just trying to understand why Levy made the decision then let me know when you reach the conclusion that it’s because he’s got deep pockets and short arms and that isn’t just a blasé response it’s based on his penny pinching that we have witnessed for years and years mate.

If he wanted to save money he'd claim force majeure and sack the non-essential staff

And this is one of the point nobody bothered checking: FIFA put out a directive saying that, in the event of a season being suspended, clubs should retain staff above all else and, even if that means using government schemes in order to do so - so from that standpoint we are simply following this advice

The problem is that the other English clubs doing so can be counted on one hand: Newcastle, Norwich, Bournemouth, Sunderland and Crewe - it was briefly onto the second hand when Saltypool did so, but they changed their minds on the matter when their ex-players in the press were in agreement with Everton fans - which takes us right back to the issue of timing. Imagine if last Monday a bunch of clubs from League One and the lower half of the Championship furloughed staff, absolutely nobody would argue with that due to the number of potential financial basket cases fall into that group, and if a week or two after that teams higher up the food chain furloughed the response would be very different. But as it was a bunch of Premier League clubs doing it, of course this means it's time to get the torches and pitchforks yet remain tight-lipped when teams in the third and fourth tier do so a week later

And, of course, continue to act as if the PFA being utterly pigheaded isn't the major problem here, given they're adamant that the main source of every clubs' outgoings don't take a hit, meaning the hit gets passed on to someone else

 

[humanbeingincroydon]

So the Torygraph has published a story suggesting that Levy is prepared to have the ground staff (who are not currently furloughed) work on his estate, and he'll pay them out of his own pocket

Somebody post this on Twitter so we can make a drinking game out of the replies...

Meanwhile, in other Bad PR news...

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[bigsmithy9]

Wow! Imagine that. A fantastic stadium and training ground......and no bloody trophies!!!!! At the moment a Spurs player has to go somewhere else to win something!
Money first,fans last...…!

RCL. Seems like my stepfather was a little like your dad. I was 3 when he married mum.They had a daughter he gushed on. I guess I wasn't his so...….! Never knew my real dad. This I never found out until I was 38. So I thought it was too late to bother mum about him!

 

["Thanks for that Brian"]

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No hookers...?

Amateurs.

 

[remembercolinlee]

Wow! Imagine that. A fantastic stadium and training ground......and no bloody trophies!!!!! At the moment a Spurs player has to go somewhere else to win something!
Money first,fans last...…!

RCL. Seems like my stepfather was a little like your dad. I was 3 when he married mum.They had a daughter he gushed on. I guess I wasn't his so...….! Never knew my real dad. This I never found out until I was 38. So I thought it was too late to bother mum about him!

Tbh smithy he were feck all to do with me...I always refer to him as my idiot mother's husband!

 

[bigsmithy9]

Spurs have been involved in many firsts,apart from 1960/1 and 1962/3.
For example:-
First FL team to go public and float their shares on the London Stock Exchange.
First overseas player to play in a FL fixture.He wore Spurs colours in a match on 26 Sept 1908. Max Seeburg,a German.
First club to tie clubs ribbons on the FA Cup after the 1901 Final.
First player/manager to collect an FA Cup winners medal.John Cameron in1901.
First FL "live" tv match...Spurs v Notts Forest 2nd Oct 1983.
Other things:-
In the early 1890's,Spurs wore red shirts and were known as the "Tottenham Reds!" (Choker that one!)
Spurs first known fixture was a game against Edmonton side Latymer. Spurs lost 1-8.
A nursery run by a firm called Beckwiths was the former usage of the land on which White Hart Lane stadium now stands.
Spurs did not suffer a home defeat in European competition until their 43rd,a 0-1 defeat by Real Madrid on March 6th 1985. This was a UEFA Cup tie.
In 1896 Spurs colours were.....chocolate and gold!
For the first two years of their existence,Spurs were simply called "Hotspur FC". "Tottenham Hotspur" was adopted in 1884 to avoid confusion between themselves and another side called "London Hotspur".
The name "Hotspur" was adopted because club founder member Henry Percy,the son of the Duke of Northumberland,was nicknamed "Hotspur".
Early committee meetings of Tottenham Hotspur FC were held under a street lamp that stood on the corner of Park Lane and Tottenham High Street.
Spurs ground at Northumberland Park was closed for a fortnight in 1898 after three Luton Town players were struck by spectators after a match.

……...and how was your day? COYS!

 

[Alfie Conn]

Have you actually seen the stadium and the training ground? They are as far away from penny pinching as you can get. He makes rational decisions on how much to spend on transfers based on a sensible analysis on whether the spend is justified. Again not penny pinching. What proven PL Chairman has improved their club more over the ENIC ownership years? The only one is Man City and they broke the rules.

I have insider knowledge through a friend about the build of the stadium and it does look and is a fantastic stadium but it could have been so much better and easier to maintain if not for the continued interference and penny pinching by Mr Levy , it's his nature to penny pinch and the latest fiasco by him surprised me not one bit

 

[KingHotspur]

Not paying staff, training in public park during a lockdown ignoring social distancing.

I wonder what is next for Spurs to make headlines about