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A Sugar Daddy Owner

8:30 am
Sugar Daddies are a thing of the past, Financial Fair Play rules were brought in to stop another Abramovich coming in and buying up who he wants with his own money given to the club, that is against the rules now.

A Sugar Daddy Owner


The income of the club has to pay for all transfers and wages, thus the club is restricted in what it can spend. Is Daniel Levy therefore the bad man the small minority paint him as.

However what an owner can do is invest in infrastructure, if they want to, it is their money and not the clubs after all. ENIC for instance could pay for the stadium, freeing up club funds to be used on wages and transfer fees instead meaning we wouldn't be strapped for cash over the next few years.

Changing owners isn't necessarily going to give us more money, it could mean we have someone else using the same money in the same way or a different way. Manchester United fund themselves by borrowing against their income so they spend a massive amount servicing loans, which the supporters were all up in arms about when the present owners took over.

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Improvement in not a constant upward curve. You take stock of where you are and where you want to be, then figure out how to get there. Some steps will be the right ones, some steps will be the wrong ones. As long as the improvement curve is upwardly mobile over time then you are heading in the right direction.

We may not be within the timescale we would have liked but since ENIC and Levy took over we are in a far better position than we were and have been punching above where our financial weight says we should be.

Fans are generally spend spend spend supporters, wanting the club to spend continuously it seems and in vast sums. The realities of football and finances are lost on them, a club has a bottomless pit of money and all the owners private money is in fact the clubs money and should therefore be spent on the club.

That isn't our business model and we have done well with the model we have. Trophies are won by teams with money so to whine is simply a lack of understanding of the realities. Tottenham used the £100 million Bale money on the side and fans were happy, now with hindsight they change their minds and demand change for changes sake, without a clue what they are changing something for.

The flops we bought cost money, the sort of money fans were baying Spurs to spend, now these same fans want vast sums spent again, moaning we haven't paid £27 million for Morgan Schneiderlin when Pochettino agrees he is only worth £17 million.

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What is we had gone out and spent £25 million on Wilfried Bony and £27 million on Schneiderlin and they had flopped, what then? And what do you do with the players you have got that nobody will pay more than half for?

Is that seriously how fans think a club should be run? Is that how you run your own finances or do you actually only buy what you can afford? All Tottenham is is your household income on a bigger scale. The principle is still the same and living on credit is not the way to go because sooner or later it goes belly up.

We have a blip at the moment, we made some duff buys but we are trying to put it right. It will take a couple of windows to get somewhere near where we want to be and there will be more pain to go through along the way but the curve is still upwardly mobile over time.



A Sugar Daddy Owner A Sugar Daddy Owner Reviewed by THBlogNews on 8:30 am Rating: 5
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