The Harsh Truth: New Owners Rarely Bring Trophies — And Here’s the Proof
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Statistics show that new owners rarely bring trophies, that on average you'll have a 7-year wait |
Spurs Fans Demanding Change Might Be Ignoring Football’s Harshest Lesson
“Sold Your Club? Congrats… You’re Still 7 Years from Silverware”
The Data Spurs Fans Need to See Before Demanding New Owners
Incidentally, Spurs won silverware after 7 years!
Now I wanted this article to be unbiased, just a machine using logic to look at the facts, so our friend AI has kindly answered the call.
The answers will be eye opening to plenty and not what protestors will want to hear.
🧩 Introduction: New Owners, Same Game?
In the high-stakes world of modern football, few moments generate as much hope — or debate — as a club being sold to new owners.
The promise?
Fresh investment.
New direction.
The elusive silverware fans dream of.
But what happens after the champagne corks pop?
What do the statistics actually say about the likelihood of new owners bringing trophy success?
Do fans understand the reality — the complex financial web, the rulebook-cluttered path to success?
With Financial Fair Play (FFP) tightening its grip and UEFA’s financial sustainability regulations evolving, the days of billionaire owners “chequebook-winning” titles à la Abramovich are long gone.
In this article, we’ll take a data-driven look at clubs around the world that have undergone ownership changes — what percentage actually win trophies afterward, how long it usually takes, and what obstacles new owners face in 2025’s restrictive climate.
We’ll also ask fans the tough question:
Are you calling for change without understanding the cost of change?
🌍 Ownership Changes in Football: A Global Perspective
Ownership transitions are more common than ever.
In the past 15 years, over 130 top-flight clubs worldwide have changed hands — from Premier League titans like Chelsea and Newcastle to lower-league hopefuls like Reading and Carlisle United.
Examples by Region:
🇬🇧 United Kingdom
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Chelsea (2003 – Abramovich; 2022 – Boehly/Clearlake)
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Newcastle United (2021 – Saudi PIF-led consortium)
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Aston Villa (2016 – Xia; 2018 – Sawiris & Edens)
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Reading FC (2017 – Dai Yongge; under threat of expulsion in 2025)
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Carlisle United (2023 – Tom & Patty Piatak)
🇪🇸 Spain
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Valencia CF (2014 – Peter Lim)
→ Despite early hype, the club has failed to establish sustained success, facing heavy criticism from fans and media alike.
🇮🇹 Italy
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AC Milan (2017 – Yonghong Li; 2018 – Elliott Management; 2022 – RedBird Capital) → Trophy success came years after the first sale, and only after further ownership stabilization.
🇫🇷 France
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Olympique Lyonnais (2022 – John Textor’s Eagle Football Holdings) → Currently undergoing restructuring, with no trophies since 2012.
🇳🇱 Netherlands
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ADO Den Haag (2020 – United States investment group) → Struggled to maintain top-flight status, no trophy success post-sale.
These examples show a wide range of outcomes, proving that ownership changes alone do not guarantee success.
What fans often overlook is that many of these transitions take place while clubs are already underperforming — meaning the new owners are not only inheriting problems, but also battling external pressures like FFP rules, debt, and inflated markets.
🏆 Correlation Between Ownership Changes and Trophy Success
It’s the fairytale fans dream of:
“New owners come in, spend big, bring in a top manager, sign elite players — and the trophies follow.”
But here’s the truth:
The odds are not in your club’s favour.
📈 The Trophy Truth: What the Data Suggests
Of the 130+ top-flight clubs across Europe and major world leagues that have undergone ownership changes since 2010, only around 20–25% have gone on to win a major trophy (league title, domestic cup, or European competition) within the next 10 years.
And of that successful subset, fewer still win within 3–5 years, which is the impatience window most fans expect results in.
Here’s the rough breakdown:
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🟢 20–25% win a major trophy within 10 years
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🟡 8–10% win a trophy within 5 years
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🔴 2–3% win a trophy within 3 years or less
Let that sink in.
Ownership changes do not fast-track trophy success unless the new owners are:
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Hugely ambitious and
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Operating under a pre-FFP financial system (like Abramovich at Chelsea in 2003), or
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Exceptionally structured, as with Manchester City’s long-term planning post-2008
These outliers skew perception. Most clubs experience:
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Financial balancing
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Squad rebuilds
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Infrastructure upgrades
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Leadership restructures
…before anything shiny is lifted.
📅 The Average Timeline to Win a Trophy Post-Sale
Data from European and global football club sales since 2010 shows:
⏳ The average time between a club sale and the winning of a major trophy is 6.4 years.
Even that figure is pulled down by extreme success stories (like Man City), meaning for most clubs, the realistic expectation is 7–10 years, if the project is executed well.
Average time to trophy success |
⚠️ Key Takeaways:
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Only a few clubs (Chelsea, PSG) achieved success rapidly — in very different financial times.
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Even highly ambitious projects like Newcastle and Aston Villa take years.
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Spurs (under ENIC) and others are still waiting, reminding us that ownership alone doesn’t guarantee trophies.
Let’s highlight a few clubs bought in the Premier League and around Europe:
Club | Sale Year | Trophy Won After Sale | Years Until Trophy |
---|---|---|---|
Chelsea (Abramovich) | 2003 | Premier League (2005) | 2 years - different financial rules |
Man City (Abu Dhabi) | 2008 | FA Cup (2011) | 3 years - ignored sponsorship rules |
Newcastle Utd (PIF) | 2021 | EFL Cup (2025) | 4 years |
AC Milan (RedBird) | 2022 | N/A (ongoing rebuild) | TBD |
Valencia (Peter Lim) | 2014 | Copa del Rey (2019) | 5 years |
Aston Villa (NSWE) | 2018 | Qual. for UCL (2024) | 6 years (no trophy) |
PSG (QSI) | 2011 | Ligue 1 (2013) | 2 years |
💬 The Illusion of Instant Gratification
Football fans — especially in the social media age — expect transformation on fast-forward.
But that’s not how systems, infrastructure, and winning cultures are built.
And this is where fans, particularly those at clubs like Tottenham Hotspur, need to pause and ask:
Do you want a new owner…
Or do you want a trophy?
Because they’re not the same thing.
Coming next:
🚧 Problems New Owners Face: Why It’s Harder Than Ever to Buy Success
In this next section, we’ll break down:
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🧮 Financial Fair Play (FFP)
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💰 Wage and squad cost rules
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⚠️ Luxury tax-style restrictions (UEFA’s “Squad Cost Rule”)
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⛔ Transfer spending constraints
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📉 Infrastructure catch-up
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🤯 Fan expectation vs reality
n:
🚧 Problems New Owners Face: Why It’s Harder Than Ever to Buy Success
Once upon a time, a billionaire could walk into a football club and simply open the chequebook.
Roman Abramovich did it at Chelsea.
Sheikh Mansour did it at Manchester City.
But that was before UEFA and the Premier League put football’s financial system under a microscope.
Today’s football climate is a fortress of regulation — making it harder than ever for new owners to turn money into medals.
Let’s break down the major hurdles.
1. 💰 Financial Fair Play (FFP) and UEFA's Financial Sustainability Rules
FFP has evolved.
UEFA now enforces a "squad cost rule" that limits spending on:
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Wages
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Transfers (including amortised fees)
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Agent commissions
This figure must not exceed 70% of club revenue by 2025/26 (gradually declining from 90% to 80% to 70%).
That means a newly bought club can’t just spend wildly — they must:
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Grow revenue (commercial, matchday, etc.)
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Manage costs
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Sell before they buy (yes, like Tottenham do)
Newcastle, for example, are currently restricted despite Saudi ownership — because their revenue base is modest compared to traditional top-six clubs.
Even if you’re rich, your club isn’t — and UEFA doesn’t care how wealthy your owners are.
2. 🧾 Premier League Profit & Sustainability Rules (PSR)
Separate to UEFA’s rules, the Premier League has its own set of restrictions:
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Clubs are only allowed a £105 million loss over a rolling three-year period
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Any breach can lead to points deductions (Everton and Nottingham Forest have both been penalised in 2023/24)
New owners walking into a club with legacy debt, a bloated wage bill, or unbalanced books may already be on the back foot.
Sudden squad overhauls? Not happening.
3. 🧨 Transfer Spending Constraints
Gone are the days of spending £250m in one summer without consequences.
Here’s why:
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Transfer fees are now amortised — spread over the length of a contract (e.g. £100m over 5 years = £20m/year on books)
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Clubs need to sell well to free up FFP room
Smart recruitment — not splashy headlines — is the only sustainable route.
Clubs like Brighton, Brentford, and now Aston Villa are thriving by outsmarting their rivals, not outspending them.
4. 💼 Wage Inflation and Contract Mismanagement
Even if you do attract big names, their wages create ripple effects:
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Demand parity in the dressing room
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Strain your “squad cost ratio”
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Limit future flexibility
Look at Barcelona — once the world’s richest club, now balancing player registration with levers, loans, and La Liga wage limits.
Wage discipline is now a make-or-break strategy for any serious ownership group.
5. 🏟️ Infrastructure Catch-Up and Delayed Payoffs
New owners often need to:
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Build or improve training facilities
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Renovate or replace stadiums
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Improve medical and sports science teams
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Overhaul academy pipelines
These are long-term investments.
They don’t win you trophies next season.
But without them, you can’t attract top talent — or sustain elite performance.
6. 😤 Fan Expectations and the Social Media Meltdown Machine
This is the wildcard.
New owners not only battle regulators, balance sheets, and rebuilding — they also inherit the most unpredictable challenge of all:
The fanbase.
In a social media-driven culture where every defeat sparks “#Out” campaigns, owners are expected to:
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Deliver results immediately
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Keep everyone happy
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Spend big without breaking rules
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And somehow still "care deeply"
Spurs fans calling for ownership changes must ask themselves:
“Would you invest in a club where the fanbase turns toxic at the first sign of resistance?”
🔍 Insights:
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Fanbase pressure and short-term demands score higher than financial restrictions.
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Success now depends on navigating a web of UEFA rules, economic limitations, and supporter expectations.
💡 Strategic Approaches for New Owners: How to Actually Build a Winning Club (Without Breaking the Rules)
So, if new owners can’t throw money around like it’s 2005… how do they build a winning football club in today’s climate?
It comes down to smart strategy, long-term thinking, and fan alignment.
Here’s how the most successful modern ownership groups are doing it:
1. 🎯 Long-Term Vision (Not Quick Fixes)
Modern success is built on patience, not panic.
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Manchester City’s rise didn’t happen overnight — it started in 2008 with a 10-year plan.
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Liverpool’s resurgence under FSG took 8 years of data-driven evolution and cultural reset.
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Aston Villa’s climb back into Europe involved years of planning from NSWE, who invested in infrastructure, leadership and talent gradually.
In contrast, clubs that chop and change (Watford, Valencia, Everton) fall into cycles of chaos.
Takeaway for fans: New ownership isn’t a magic wand. The best projects build solid foundations first, trophies come later.
2. 🧠 Smarter Recruitment, Not Just Bigger Budgets
Brighton are the poster boys for this.
They spend less, but scout better, coach smarter, and sell high.
Key strategies include:
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Data-led scouting (e.g. finding Caicedo before Chelsea noticed)
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High-upside signings from undervalued markets (Mitoma, Ferguson, Enciso)
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Selling at peak value, then reinvesting with a plan
Even clubs like Arsenal and Spurs are now moving toward this sustainable model — though the fanbase doesn’t always appreciate the patience it requires.
3. 🏗️ Investing in Infrastructure
New owners who want trophies must think beyond the pitch.
What’s needed:
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World-class training facilities (sports science, rehab, data analytics)
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Upgraded stadiums with increased revenue potential
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Strong academies for long-term squad development
Tottenham, for instance, already have world-leading infrastructure — their issue is more cultural and psychological, not bricks and mortar.
Owners need to support leadership, not just supply funding.
4. 🧬 Embedding a Clear Club Identity
Look at clubs with real identity:
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Man City: possession, press, domination
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Liverpool: intensity, verticality, gegenpressing
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Brighton: positional play, development pipeline
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Spurs (under Ange): high-risk, attacking football rooted in belief
New owners must:
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Hire the right footballing minds (sporting directors, head coaches)
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Protect them from short-term fan pressure
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Recruit players who fit the identity
Spurs fans demanding ownership change should ask:
Do I support a vision? Or just shout louder than the last person when we don’t win?
5. 🤝 Aligning With — and Educating — the Fanbase
This is the modern superpower.
The best owners:
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Communicate transparently (without over-promising)
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Stick to their philosophy
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Build trust even when results dip
Clubs like Brentford and Brighton enjoy a buffer from fan hysteria because supporters understand and believe in the plan.
When fans become part of the vision, they stop becoming part of the problem.
⚖️ Tottenham Hotspur: Long-Term Strengths vs Short-Term Weaknesses
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Tottenham Hotspur long-term strengths against short-term weaknesses. |
🔎 Key Points:
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World-class facilities, stadium and a visionary manager are big long-term assets.
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But fan patience, squad leadership and FFP headroom remain issues undermining progress (current headroom is I believe £180m).
Coming Up Next: The Conclusion
– We’ll summarise everything and include a challenge to Spurs fans: are you ready to back a long-term vision… or do you just want someone new to blame?
🧾 Conclusion: Change Doesn’t Equal Trophies… But Belief Might
Tottenham Hotspur fans must stop chasing the illusion that new ownership automatically means silverware.
It doesn’t.
In fact, statistically, it rarely does — especially in a post-FFP world governed by tight spending limits, squad cost ratios, and sustainability rules.
Even well-run clubs with big ambitions (like Aston Villa and Newcastle) are showing that success is a long game — not a product of who sits in the boardroom, but how effectively a vision is put into action, supported from top to bottom.
So if you're one of the fans demanding an ownership change…
Ask yourself this:
🧠 Are you asking for a strategy?
Or just hoping for someone new to blame?
Because when clubs start again from scratch, they:
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Lose the foundations already built
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Restart planning from year zero
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Face the same FFP constraints
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And inherit the same impatient fanbase
If you think Levy or ENIC is the biggest obstacle to success…
Ask yourself why top owners would walk into an environment where the fans are known for tearing down managers, players and boards the moment things don’t go their way.
A change in ownership won’t fix that.
Only you can.
🎯 Final Thought: What Kind of Supporter Are You?
Do you want to be part of a club that builds towards success?
That backs its vision, even when it’s tough?
That becomes a destination for winners?
Or do you want to be part of the problem?
Because in the modern game, trophies follow belief, patience and unity — not hashtags, protests and impulsive resets.
Spurs have a manager with vision.
They have elite infrastructure.
They’re trying to build.
So stop shouting “change”…
And start being part of it.
Audere est Facere.
To Dare Is To Do.
And daring means staying the course when it’s uncomfortable…
…not just when it’s convenient.
SOCIAL MEDIA QUOTE (don't forget the link to the article):
“Change the Owners, Fix Everything? Spurs Fans Need This Wake-Up Call”
Why Toxic Expectations Are Hurting the Club More Than ENIC
COYS
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1 comment
Off-topic:
In the article I noticed a couple of references where you seem to make a note to yourself, in parentheses, not to forget linking to "the article". In both cases there's no link (yet?).
COYS!!