Spurs and Arsenal have the same business models. They rip-off their own fans with ticket prices while taking as much TV cash as possible to give to their foreign Directors. Like Arsenal most of the money ends up being invested outside the UK. Just like Arsenal it will take Spurs fans about five years to realise they are being taken to the cleaners. Levy will use the stadium as an excuse, and their so-called development of young players, to avoid givng anything back to their fans and as little as possible to their local community.
you have to win stuff to be a big brand in football , and with levy if the nfl franchise makes more money than the football side spurs will be forgotten , he will put as little as possible into spurs and channel the funds into nfl.Yes. Of course. The Levy/Pochettino model is the same as the Wenger/Dein model. But Levy is going further, once he has the stadium, he wants the London NFL franchise, and then he will sell to Facebook and use that to make Spurs one of the biggest sports brands in the World. Maybe he'll pull it off, maybe we won't but it is a bold plan.
you have to win stuff to be a big brand in football , and with levy if the nfl franchise makes more money than the football side spurs will be forgotten , he will put as little as possible into spurs and channel the funds into nfl.
Not sure he's said much wrong. Think most are overreacting and getting their knickers in a twist due to the general media narrative that 'city are ruining football'.
He doesn't mention city and its obvious that when / if the tv money drops then transfer fees will also come down. They are hyper-inflated this season '45mil quoted for Siggurdsson!'.
I think his point about bringing through academy players is valid. Spurs have a good record of signing promising lower league players and turning them into prem stars. Something I am sure we aspire to - in a few years time our investment in the academy will start to pay off - fingers crossed - and wont be in a situation of replacing all four full backs in one window.
The goal is surely to have a core of homegrown players and the financial muscle to pursue truly world class superstars when / if they are available.
At this rate, and if this transfer window is anything to go by, you'll be operating on a minus £70 million net spend at a time when the lucrative new TV deal enables the likes of clubs the size of Bournemouth (who are tiny in comparison to Spurs) to go out and splash £20 million on a single player. Even accounting for the tight ship Levy runs at Tottenham, that surely can't sit well with many Spurs fans mate. For the record, I don't think his comments were necessarily a pop at City or any other club spending big money - IMO he was getting his excuses in with the Spurs fans for not spending much money on players this summer.
The ownership of Spurs is based in the Bahamas. According to Forbes the club's owner Joe Lewis is one of the world's richest men. They will get at least £150m from TV this year plus they have some of the highest ticket prices in the UK. They could easily afford to spend big if they wanted to but choose not to. They are more interested in getting an NFL franchise than doing anything for their own supporters or local community. In fact they would have moved in a flash if they could have got the Olympic stadium. For me they were the best team last season and could win the title with a bit of investment. But yet again we will hear the media saying Spurs are doing things "the right way." The way they operate, just like Arsenal, pours cash into the pockets of rich overseas investors at the expense of their fans. Don't expect this narrative to be covered by our one-dimensional sports journalists.
Where does all the money go at Arsenal then? They made a fortune on the housing deal at Highbury. They make huge profits every year. In the case of Spurs their revenues are not far behind City. What do they do with all that cash? Both companies have numerous Directors based overseas. Do none of them revceive any remuneration? What have Aresenal done significantly for the local community and their fans in recent years? What have Spurs done? Have you been to White Hart Lane? Do you think the seats there are value for money for fans? They are not very transparent with their figures are they?It is simply not true that Arsenal or Spurs "pours cash into the pockets of rich overseas investors".