This is a direct quote from the Lewis family
We also take responsibility for rebuilding Spurs. Our ambition is to recapture the spirit of the Club and bring back the excitement, the fearlessness and the bold football we have always felt defined us. That means football comes first. The Board and Executive team have laid out their plans to meet this ambition.
This will require investment – in our teams, the academy, our backroom functions and more - and we are fully committed to this. We are not selling the Club. We are all in. We are investing in it. You will see more of this in the coming months.
How you, or others on this board translate that into "it's ok to spend less money than we have in the last 5 years" is beyond me. This isn't about wanting anyone to fail, when it comes to Spurs, may everyone prove me wrong and may we be the most successful club in the world, I'll eat all the humble pie I can get.
Reality is (so far)
- They fired Levy and made statements about investment very conveniently when the last window closed (so they couldn't be held accountable to those statements)
- In January when we were in a desperate position (not hyperbole to say the future of club was at risk), somehow it didn't make sense to buy players and the only business was effectively a swap (Johnson for Gallagher)
- Now, after the worst season in our history in the PL and probably in 50 years, the early business is "free transfers" and rumoured business looks like another swap/net zero scenario (Romero, Vic, Dragusin out, Savino, JVH in)
My issue is I have spent all of my career in much bigger companies than Spurs or ENIC, and I smell flimflam PR, someone on board takes the bullet, all nice statements made, nothing fudging changes. And as always, it's amazing how well PR works.
I understand we need to do better business (even though
@Bishop doesn't think I grasp it), but we also need to spend more,
both, not one or the other. City is going to spend 120M on single midfielder, United is rumoured to be in for another 300M, Liverpool is expected to buy heavily again after spending 400M last season, Arsenal as well on top of a PL winning and CL final side. Chelsea same.
We spend 120M - 180M net per season for last 5 years. Please, please explain to me why with the situation the club is in, with the flimflam "we are all in, we are investing" from the owner's mouth, the club should spend less than average of last 5 years?
West Ham (related as reminder), Wolves (relegated), Brighton, Villa, Saudi Sportswashing Machine all spend ~>100M-120M a season (some do better jobs at offsetting the spend via sales than others, Brighton obvious example), those are clubs we need to aim to be above, and right now, for two seasons we have been the worst club in the PL to survive, which to me means we need to spend to catch up, and then to improve beyond what other clubs will do.
I'm literally at a point where I probably going to just step away from these conversations because the dissonance is insane
- There is another thread right now on this board, where people are insistent that the club was cheap, didn't invest appropriately in the 2017-2019 era (when we had the small matter of a 1B+ stadium being constructed)
- And in other threads like this one, with the completed stadium, with Covid done, with proven revenues in (5 years of data), with a struggling team, now,
now is the time to be fiscally smart? and not overspend