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Spurs are lowest net spenders in the EPL

Dharmabum

Well-Known Member
Aug 16, 2003
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http://www.tottenhamblog.com/2015/06/05/stats-show-spendthrift-spurs-are-out-punching-their-weight/?

Stats show spendthrift Spurs are out-punching their weight

BY TOTTENHAMBLOG · JUNE 5, 2015


A statistic showing the net spend of every Premier League club clearly demonstrates that Tottenham are performing beyond expectations.

Recorded over the last five seasons, the following table reveals that Spurs have actually made a profit in the transfer market over this period, at an average of £4,370,000. This makes the club the lowest net spenders in the Premier League, despite finishing within the top six in each of these seasons.



There’s two ways to look at this information. On one hand it is proof of the club being run in a financially sound manner at a time when a new stadium needs to be paid for.
 
Jan 28, 2011
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http://www.tottenhamblog.com/2015/06/05/stats-show-spendthrift-spurs-are-out-punching-their-weight/?

Stats show spendthrift Spurs are out-punching their weight

BY TOTTENHAMBLOG · JUNE 5, 2015


A statistic showing the net spend of every Premier League club clearly demonstrates that Tottenham are performing beyond expectations.

Recorded over the last five seasons, the following table reveals that Spurs have actually made a profit in the transfer market over this period, at an average of £4,370,000. This makes the club the lowest net spenders in the Premier League, despite finishing within the top six in each of these seasons.



There’s two ways to look at this information. On one hand it is proof of the club being run in a financially sound manner at a time when a new stadium needs to be paid for.

Two things I get from the above chart.

Firstly, Liverpool spend £30m a year more than us on transfers (alongside the £44m or so they spend more than us per annum on wages) and still we get more points than they do. :woot:

Secondly, Hull bought the REF and still they got relegated. How crap were they?
 

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
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Two things I get from the above chart.

Firstly, Liverpool spend £30m a year more than us on transfers (alongside the £44m or so they spend more than us per annum on wages) and still we get more points than they do.

Secondly, Hull bought the REF and still they got relegated. How crap were they?

Yet last season a lot of posters on here were rueing the fact that we didn't get Rodgers as manager.
 

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
74,893
Where the fuck did West Ham get all that money? They were in massive debt last I heard. There are not many clubs I'd love to see go to the wall, actually there are only 2. Chelsea and West Ham.
 

davidmatzdorf

Front Page Gadfly
Jun 7, 2004
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We bought equally with Bale's money. So, can't see any change in net

But spending the Bale money on 7 players meant that we didn't have to spend a similar amount of money signing 6 of those players to fill places in our squad. So it does affect net spending in the end.
 

davidmatzdorf

Front Page Gadfly
Jun 7, 2004
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45,030
The headline writer clearly does not know the meaning of the word "spendthrift". It means someone who blows money carelessly on anything and everything. S/he apparently thinks it means the opposite.
 

arunspurs

Well-Known Member
Aug 31, 2012
8,857
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But spending the Bale money on 7 players meant that we didn't have to spend a similar amount of money signing 6 of those players to fill places in our squad. So it does affect net spending in the end.

These figures are just transfer fees, if I am not wrong. If it were to include wages, I would agree with you.
 

davidmatzdorf

Front Page Gadfly
Jun 7, 2004
18,106
45,030
I think a more instructive way to look at this is to compare gross spending on players with last season's final league position:

Gross spending:

1. Chelsea
2. Manchester City
3. Manchester United
4. Liverpool
5. Arsenal
6. Tottenham

After that "top six", there's no one else even remotely close - only Southampton, a long way behind, who last summer were spending sales receipts from an exodus, as we did the summer when Bale left.

Final league position:

1. Chelsea
2. Manchester City
3. Arsenal
4. Manchester United
5. Tottenham
6. Liverpool

And, of course, guess who's 7th: Southampton.

Reputations for sensible management would cause many to anticipate that Arsenal and Tottenham would slightly out-perform their gross spending and so it has proved last season.

But what we find here is that it is gross spending that is a reliable indicator of league position, not net spending.

Net spending is only a reliable indicator of a club's ability to acquire talented young players and sell them at a profit.
 

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
74,893
I think a more instructive way to look at this is to compare gross spending on players with last season's final league position:

Gross spending:

1. Chelsea
2. Manchester City
3. Manchester United
4. Liverpool
5. Arsenal
6. Tottenham

After that "top six", there's no one else even remotely close - only Southampton, a long way behind, who last summer were spending sales receipts from an exodus, as we did the summer when Bale left.

Final league position:

1. Chelsea
2. Manchester City
3. Arsenal
4. Manchester United
5. Tottenham
6. Liverpool

And, of course, guess who's 7th: Southampton.

Reputations for sensible management would cause many to anticipate that Arsenal and Tottenham would slightly out-perform their gross spending and so it has proved last season.

But what we find here is that it is gross spending that is a reliable indicator of league position, not net spending.

Net spending is only a reliable indicator of a club's ability to acquire talented young players and sell them at a profit.

By that argument though if your team has a massive turnover of players every transfer window you'll do better.
 

chinaman

Well-Known Member
Jul 19, 2003
17,974
12,423
Where the fuck did West Ham get all that money? They were in massive debt last I heard. There are not many clubs I'd love to see go to the wall, actually there are only 2. Chelsea and West Ham.


So they have even more massive debts.
 

Sevens

Well-Known Member
Apr 23, 2014
4,583
6,947
...and the other?

It perfectly demonstrates that ENIC will never be Audere Est Facere in the transfer market. Which isn't necessarily a bad thing but the bottom line is ENIC's primary concern with Spurs is the bottom line. You offered them a life time choice of breaking even every year and winning several titles or finishing 2nd every year and making record profits then they'd go for the latter every single time.
 

Spursidol

Well-Known Member
Sep 15, 2007
12,636
15,834
It perfectly demonstrates that ENIC will never be Audere Est Facere in the transfer market. Which isn't necessarily a bad thing but the bottom line is ENIC's primary concern with Spurs is the bottom line. You offered them a life time choice of breaking even every year and winning several titles or finishing 2nd every year and making record profits then they'd go for the latter every single time.

The transfer fees paid go into the balance sheet., not the P & L so its irrelevant to the 'bottom line' and 'breaking even'
 
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