Daniel Levy has issued a huge spending warning to our fans about the club’s ability to continue investing in the first-team squad. | SpursNetwork

Daniel, the person, points a warning… about spending. So no extra hair-brained concepts about spending massive on our membership. Moreover, there are extra essential issues aside from soccer… like leisure acts, boxing, go-karts, and so on…

Daniel Levy has issued an enormous spending warning to our followers in regards to the membership’s potential to proceed investing within the first-team squad after the board launched their monetary outcomes for the yr ending June 2024.

By our official web site, Tottenham has launched the detailed numbers for the yr ending June 2024; we registered a loss. Revenues have decreased by 4% to £528.2m as a consequence of a discount in match receipts (this is because of fewer matches) and the dearth of UEFA cash as a consequence of not being concerned in Europe final season. And whose fault is that? What do you count on when you don’t spend money on the staff and don’t get the suitable supervisor?

Nonetheless, there’s a plus facet: Tottenham’s TV and Media revenues rose from £148.1m to £165.9m, whereas industrial revenues grew from £227.7 m to £255.2m.

Because of this poor funding within the staff will proceed because it has since Levy took over. Whether or not Ange is there or not, or a less expensive model of him… we gained’t be competing any time quickly, with aggressive golf equipment like Arsenic, Metropolis, Liverpool, and even Forest do.

Levy pointed to those numbers and warned that the membership’s switch spending over the previous few years shouldn’t be sustainable (a phrase he has used constantly since taking on the membership… spending shouldn’t be sustainable). He made it clear that he and the board wouldn’t make any selections that will jeopardise the membership’s long-term monetary stability, which most likely means not risking the success of his different acts that carry within the cash for him and the board.

Curiously, it’s not sustainable for Tottenham or Levy. Nonetheless, it’s sustainable for the opposite top-winning golf equipment… and who hold profitable trophies and constantly get locations within the Champions League…

To be sincere, there’s nothing new right here or something he has been preaching since coming to our membership.

Once I have a look at our subsequent recreation towards Chelsea, our recreation towards Southampton, and even our Europa video games, I can solely really feel gloom and doom in my coronary heart… and I’ve been going since my dad took me within the late 50s. Even after we received relegated within the 70s, there was hope… I don’t see it now…

If Ange fails to get us into European soccer subsequent yr by way of the Europa League, he can be changed by one other wannabe… and the cycle will repeat itself indefinitely or not less than whereas Levy is in cost.

This text was alleged to be about our prospects towards Chelsea and our different up-and-coming matches. In my earlier article, I in contrast Ange to Humpty Dumpty, the place even Levy or the followers’ military couldn’t put the cracked eggshell again collectively once more. No person coming to our membership will ever be put again collectively once more after their traumatic instances underneath Daniel’s command. Until they depart or get fired.

There’s excellent news, although, for individuals who fail underneath Levy… go someplace else to resurrect your profession and achieve success… similar to Nuno Espírito Santo did. He’s now managing Nottingham Forest to success. All over the place he has gone, he has labored effectively… till he involves Tottenham and will get a blip in his profession… as each supervisor who comes right here and fails.

Studying Daniel Levy’s assertion. It appears that evidently the membership is unwilling to take of venture and jeopardise its long-term monetary pursuits.

The catchphrase “We’re doomed!” is famously related to Non-public James Frazer, a fictional character from the BBC sitcom Dad’s Military, performed by John Laurie; if he had been a Spurs supporter, then he would have been proper when he stated, “We’re doomed… doomed, I say.”  I would favor the extra colloquial “We’re fucked”. It doesn’t matter who’s accountable for the staff… it nonetheless can be Levy pulling the strings… till soccer lastly vanishes from Tottenham.

From 1882, the founders and people who got here afterwards steadily constructed a footballing legendary model, and Glory days and nights lastly arrived… after which Levy got here… He got here, he noticed… and he conquered… till nothing was left however the circus clowns laughing all the best way to the financial institution!!!

Up the Spurs!

Glenn

My identify is Glenn Renshaw.

I’m presently a Premium Season Ticket holder (West Stand) within the new stadium. Earlier than that – at White Hart Lane – a season ticket holder in numerous elements of the bottom (primarily within the North stand).

Earlier than changing into a season ticket holder, I stood on the shelf and numerous different elements of the bottom for the reason that Fifties. In 1987 I turned one of many first to carry a Spurs Membership card. I used to be additionally a life lengthy member of the Spurs supporters membership (now defunct).

I’m going to all residence, away and overseas matches.

I used to be born in 1955, Edgware, London (it was within the late 50s – as a child – that my dad took me to Spurs to provoke me). I presently reside in Berkshire.

I additionally acquire all Spurs books (and have everybody printed), Spurs handbooks (from Twenties onwards, Spurs programmes (for the reason that 40s).

Beforehand, I wrote for Spurs Fanzines: The Spur, Spur of the Second, My Eyes have seen the Glory and numerous different Spurs fanzines’.  I additionally wrote for the SpursWeb app & its web site.

I presently write and work for spursnetwork.com and its web site. I write its Evaluations & Match experiences and much more.

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I’ve been writing blogs/ articles since 1989

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