Liverpool have Football vs Money differences
TRANSFER TALK
If I have this right, Philippe Coutinho has packed his bags to leave for Barcelona, understandably, the owners of Liverpool are happy to accept the money being offered by the Spanish club but Jurgen Klopp is refusing to sanction the move.
Money vs Football.
This is the cry from fans across the country and certainly the same here at Tottenham. The difference is how much money a club already has, Liverpool have sufficient turnover not to have to sell Coutinho and to invest in the team. The club at the last audited accounts had a wages bill over double our own.
At Spurs it was £100m at Liverpool £208m.
Liverpool turnover (end of June 2016) - £302m (5th highest in the league)
Tottenham Hotspur - £210m (6th highest in the league)
The merseyside club have £92m more income and pay 69% of their turnover in wages, while Spurs pay the UEFA guidline figure of 48%, but then we do also have the expense of a new stadium.
Are the Liverpool owners, The Renway Sports Group, co-owned by John William Henry II, looking to adjust that percentage figure? An extra £90 million coming in would certainly make a difference, even if you did spend say £40 million on a replacement player.
In an ideal world football would always be the winner, but we don't live in that world. The reality is the business has to be successful to invest in the team and these issues are going to continue to arise.
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14 comments
The point about comparative revenues and wages is so I portent but so difficult to get through to folk who swallow media BS whole. We don't have a safe cap, as is so often reported, we have a safe structure. And it is exactly that advised by UEFA. It is the other clubs who are distorting the situation who are doing things wrongly.
Oh how I remember Liverpool fans telling us we would sell Bale and laughing when it happened because "yous are a selling club lah". And how I remember when we replied that they would sell Shares, their answer was "no become we are Liverpewel. We're norra sellin club. Serra club tha' wins things!" And how I remember their laughter when the Bale money purchases weren't immediately successful. And how they cheered, when they used the Suarez money, and Brentan Rodgers gloated that they "aren't Tottenham, they have a plan!" 😂
Besides, that was then. We have a new team at the helm now. One better focused on weeding out the failures before we get them in.
One thing we can be very thankful of is that we have a chairman who works with, and supports, the manager. Klopp deserves the same.
So, Liverpool are a selling club now. A point I shall be happy to bring to mind when called upon .
COYS!!
We hide behind a stadium build, Liverpoolhave just finished there new stand , which was miles behind our proposed development.
Lets just face facts , we squeak when we walk !
Their stand build was considerably delayed too, and was a compromise anyway that won't give them what our new stadium will give us. They simply weren't bold enough to take on a new stadium. There is very little doubt that building a large new stadium in London will have a massive effect on turnover, both near and far term. Look at The Emirates. How much did the Arse struggle during that period? How well are they cushioned now from their poor performances because of their massive stand?
We should face facts - but that doesn't mean we have to face only those we select. It's …
I really am not anti Levy or how we are doing things and I think I have said it before we are that close.
Look there is no getting away from it. Dan Dan loves a deal and I don't think he can always see the the benefit of getting the deal done early or taking the risk but that's the sort of business he runs and he runs that well.If you were to gauge a business from who much money they could produce he wouldn't be at the top because he doesn't take enough risk to accumulate vast wealth. The question is , when we catch up or competitors with the NFL and ground build they will have moved on their own earning streams and will will still be well behind. A successful side will out strip any internal growth as everyone wants to be associated with a winning product. We can grow the brand but they will be growing there's to.
COYS
Clever use of Nero. Not 100% appropriate IMHO but you've got to throw in what you can. All part of the to and fro.
Not sure how much Dan doesn't understand about the early deal. I see us as being in a different marketplace from the richer clubs we strive to compete with. They can more easily afford to throw money at prizing a player away from another club. We use that strategy at our peril. We also suffer more, I'd suggest, from not doing so as playing for Spurs is something most players need to gear up for over a period of time. A nice balance (Nice in it's truest sense of course).
Poch can explain all that to him if he were in need of an explanation. I suspect it's just one of those things we need to battle through as we're in no position to do otherwise. It's a long while since the balance of power in English football has shifted. That's no accident. Shitty being bought…
The fair play rule actually helps preserve the status quo ( Whatever you want , da da da da, Whatever you need da da da da )
In other words ‘we ain’t gonna bite the hand that feeds us’ but ‘we need to be seen to maintaining the status quo’…
The 2017/18 accounts for PSG should make interesting reading…
I don't claim to be an expert but that's how I read it. I believe we are on a very exciting and sensible path ATM and I'm happy we are.
COYS!!