Spurs - run like a Top 4 club
Success in football today is dependent upon the wage bill, the winners of the UEFA Champions League come from the clubs with the top 6 wage bills, the Premier League is won by clubs with the biggest wage bills, as is the FA cup and usually the League Cup too.
The premier League began in 1992-93 and every year it has been won by a team with a large wage bill, far larger than ours. Naturally income dictates what wage bill you can sustain. We have passed through the era of Sugar Daddies and now if an owner wants to pump money in it has to be money they are giving to the club, not interest free loans as has been the case in the past.
Wage bills will again dictate who can win trophies and who can't. Mauricio Pochettinio has never been at a club where he has a chance of winning anything so it's hardly surprising he hasn't. That doesn't make him a bad or unsuitable manager as a section of the anti-Levy cluster would have us believe. Frank de Boer has only ever won trophies at the biggest club in Holland, that isn't a like for like comparison with a broke Espanyol who had to sell their players every transfer window just to survive.
A look at the Wages Bill and (Turnover) table below shows we are well behind the top four in terms of total wages spent. Manchester United, Manchester City and Chelsea spend more on wages than our total income. There is now way we can compete on wages for the very top players when they can command better elsewhere.
In Italy clubs have a general wage and pay a high wage only to important selected individuals, Napoli were reported to be paying the majority of their squad £35,000-a-week but striker Higuain over £100,000-a-week. In the Premier League, everyone wants a high wage.
The days of simply assembling a winning team are long gone, now you have to assemble a team you can afford and what you can afford dictates what you can achieve. You can understand why people should for a Sugar Daddy, but unless they can provide one who will simply give us money and not loan it to us then it's a fantasy. When we have the stadium built and when the NFL grows in the UK then we will become an attractive proposition as there is the potential for the club to increase in value. Right now we are a club that will be having a high expenditure, not a particularly attractive time to buy.
A look at the wages to turnover table shows we pay the same percentage level to turnover as Arsenal and Liverpool and more than Manchester United. The club is financially run in the manner of a top four side. To increase the actual amount we spend on wages and thus give ourselves a greater statistical chance of winning we have to increase our income.
Crystal Palace 50.5%
Arsenal 56%
Liverpool 56%
Tottenham Hotspur 56%
West Ham United 56%
Everton 58%
Manchester City 59%
Aston Villa 59%
Southampton 59.3%
Chelsea 60%
Newcastle United 62%
Swansea City 64%
Stoke City 67%
Sunderland 67%
WBA 75%
Leicester City 116%
To an extent our hands have been tied, buying the players we can afford has not proved successful. We have seen fleeting success when all factors come together, but if we want to be consistently successful that simply isn't a sustainable formula until our income can compete. Do we, therefore, continue with a policy that is proven not to work on a consistent basis and one that we can't sustain when we build a new stadium anyway or do we look for another solution?
The answer was clearly the latter. We looked for and put in place an alternative solution, that solution is being built. Are there really people who can't see the building process underway? Are there really people who want to jeopardise that by calling for change for changes sake?
We not only have a side we want to watch, but we have a side where we can enjoy watching them develop. I'm looking forward to tuning in for another instalment on Saturday.
Further Tottenham Reading
Spurs identify Baldini replacement
He shouldn't have signed a contract
MacKenzie scouting 5 games in 3 countries in 4 days
Honda is too old at 29
VIDEO: NDP Work - Are we away from The Lane for 2 seasons?
Restructuring the squad - Ranocchia
The premier League began in 1992-93 and every year it has been won by a team with a large wage bill, far larger than ours. Naturally income dictates what wage bill you can sustain. We have passed through the era of Sugar Daddies and now if an owner wants to pump money in it has to be money they are giving to the club, not interest free loans as has been the case in the past.
Wage bills will again dictate who can win trophies and who can't. Mauricio Pochettinio has never been at a club where he has a chance of winning anything so it's hardly surprising he hasn't. That doesn't make him a bad or unsuitable manager as a section of the anti-Levy cluster would have us believe. Frank de Boer has only ever won trophies at the biggest club in Holland, that isn't a like for like comparison with a broke Espanyol who had to sell their players every transfer window just to survive.
A look at the Wages Bill and (Turnover) table below shows we are well behind the top four in terms of total wages spent. Manchester United, Manchester City and Chelsea spend more on wages than our total income. There is now way we can compete on wages for the very top players when they can command better elsewhere.
In Italy clubs have a general wage and pay a high wage only to important selected individuals, Napoli were reported to be paying the majority of their squad £35,000-a-week but striker Higuain over £100,000-a-week. In the Premier League, everyone wants a high wage.
Wages Bill and (Turnover)
- Manchester United £215.8m (Turnover £433.2m)
- Manchester City £205m (Turnover £345.5m)
- Chelsea £192.7m (Turnover £319.8m)
- Arsenal £166.4m (Turnover £298.7m)
- Liverpool £144m (Turnover £256m)
- Tottenham Hotspur £100.4m (Turnover £180.5m)
- Newcastle United £78.3m (Turnover £129.7m)
The days of simply assembling a winning team are long gone, now you have to assemble a team you can afford and what you can afford dictates what you can achieve. You can understand why people should for a Sugar Daddy, but unless they can provide one who will simply give us money and not loan it to us then it's a fantasy. When we have the stadium built and when the NFL grows in the UK then we will become an attractive proposition as there is the potential for the club to increase in value. Right now we are a club that will be having a high expenditure, not a particularly attractive time to buy.
A look at the wages to turnover table shows we pay the same percentage level to turnover as Arsenal and Liverpool and more than Manchester United. The club is financially run in the manner of a top four side. To increase the actual amount we spend on wages and thus give ourselves a greater statistical chance of winning we have to increase our income.
Wages To Turnover Ratio
Manchester United 50%Crystal Palace 50.5%
Arsenal 56%
Liverpool 56%
Tottenham Hotspur 56%
West Ham United 56%
Everton 58%
Manchester City 59%
Aston Villa 59%
Southampton 59.3%
Chelsea 60%
Newcastle United 62%
Swansea City 64%
Stoke City 67%
Sunderland 67%
WBA 75%
Leicester City 116%
To an extent our hands have been tied, buying the players we can afford has not proved successful. We have seen fleeting success when all factors come together, but if we want to be consistently successful that simply isn't a sustainable formula until our income can compete. Do we, therefore, continue with a policy that is proven not to work on a consistent basis and one that we can't sustain when we build a new stadium anyway or do we look for another solution?
The answer was clearly the latter. We looked for and put in place an alternative solution, that solution is being built. Are there really people who can't see the building process underway? Are there really people who want to jeopardise that by calling for change for changes sake?
We not only have a side we want to watch, but we have a side where we can enjoy watching them develop. I'm looking forward to tuning in for another instalment on Saturday.
Further Tottenham Reading
Spurs identify Baldini replacement
He shouldn't have signed a contract
MacKenzie scouting 5 games in 3 countries in 4 days
Honda is too old at 29
VIDEO: NDP Work - Are we away from The Lane for 2 seasons?
Restructuring the squad - Ranocchia
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