ENIC...

fishhhandaricecake · Sep 15, 2020

AberdeenYid said:
I’m always at a loss to work out where this assumption comes from that we should be winning things. We were a big club in the 60s and again in the 80s. Been pretty poor since then. That’s 35 years. And we are almost certainly the sixth biggest club in England as far as support is concerned. And up against a couple of massive clubs and a couple of massively wealthy owners too. We should be aspiring to be finishing above or near Arsenal, not demanding league titles.

And let’s suggest Joe Lewis decides that he’s going to go for it. What’s that going to cost? Let’s say he bangs in £500m, interest free, all for player recruitment. That’s three or four top dollar signings, when you also consider agent fees, signing on fees, huge wages for the incoming players, wage increases for our present players who don’t want to be making half of what the new guys are on and finally, their loyalty bonuses for signing new contracts.

So those three incoming players are maybe Koulibally, Dybala and Griezmann. Are we guaranteed that they will perform for us? Will those three be enough to win us the league? I’m extremely doubtful. And also doubtful any three players we could sign would suddenly make us favourites for the title. So maybe we need six or seven players? That’ll be £1b please uncle Joe.

Also, the insistence that we spend loads of money. Where’s the proof that this works? Most money we’ve spent on a right back was on Aurier and he’s hopeless. Give me Kyle Walker from Sheffield Utd or Matt Doherty from Wolves any day. Spend a fortune on a DM, or buy a solid pro like PEH? Considering our recent best DMs have been signed from Southampton and Wigan, I know who I’m going for. Our history is littered with awful expensive players and very good inexpensive ones. A big fee doesn’t equal guaranteed success.

ENIC have spent years setting us up for an elongated period of success. The foundations are now in place and they now know they have to invest in the playing squad even more than before. I firmly believe we are at the start of a period of success and believe we need a period of stability at all levels of the club to achieve this.

Its not just about spending big mate its about running the football side of the club in the right way, Liverpool are a prime example of that with the signings they've made and the manager they appointed who they fully backed with astute signings.

We take too long to sell players we don't need anymore or who don't want to be here and we sign a lot of expensive duds, sure all clubs make some mistakes but our scouting network and transfer committee etc are just not good enough and Levy has also made a number of poor managerial hire's until he got lucky with Poch and it looks like he's messed up again now with hiring Jose, its sucked the complete life out of the club and fans.

Trotter · Sep 15, 2020

DiVaio said:
Mate, this definetely isn't defending the indefensible. You can read post again as I edited because I forgot to include what in reality would be 'indefensible'.

I am not saying that post is, but it is spin to a very large extent. I am saying a couple of previous ones have been though
Again though serious question. Do you have a tottenhamhotspur.com e-mail address ?

skiba · Sep 15, 2020

MK Yid said:
Basically in laymans terms, the club have directly bought some of the shares that ENIC didn't own for £40 million, and instead of ENIC then buying them, they have just cancelled the shares and reduced the overall share capital.
In example numbers we had £500 million worth of shares of which ENIC owned £ 400m, others £100m (ENIC own 80%), club (not ENIC) spent £ 40m to buy up some other shareholdings. ENIC still own £ 400m, but others are now just £60m (and ENIC own 87%) without having spent a penny of their money, but instead having spent monies that could otherwise be used for players etc.

This is incorrect. As I posted above, if you look back to 2014 you will see that they invested £40m in the form of preference shares. The repayment and cancellation of these shares is therefore a repayment by the club and not them using club money to increase their shareholding.

DiVaio · Sep 15, 2020

MK Yid said:
I am not saying that post is, but it is spin to a very large extent. I am saying a couple of previous ones have been though
Again though serious question. Do you have a tottenhamhotspur.com e-mail address ?

yeah and it's starting at daniel.levy

vegassd · Sep 15, 2020

AberdeenYid said:
I’m always at a loss to work out where this assumption comes from that we should be winning things. We were a big club in the 60s and again in the 80s. Been pretty poor since then. That’s 35 years. And we are almost certainly the sixth biggest club in England as far as support is concerned. And up against a couple of massive clubs and a couple of massively wealthy owners too. We should be aspiring to be finishing above or near Arsenal, not demanding league titles.

I was thinking a similar thing myself recently. Isn't it the case that over the last 120 years Bill Nicholson has won a third of our total trophy haul? It's uncomfortable to think that we are basically a football club who had a purple patch, but I would say that some of the rhetoric about a glorious history being ruined by the current owners is off the mark.

Of course that shouldn't mean we should just give up, and I would disagree with you in terms of not aspiring to win titles. The aspiration should always be to win, but that doesn't mean that should be a realistic expectation.

And herein lies the problem with this entire conversation. An anti-ENIC position essentially boils down to the amount of money spent. Everything from wages to agents fees to timings to ticket prices to salaries to new player contracts and "backing the manager" comes down to money spent. And whilst I would say that winning matches is about more than just spending, it's generally true that the extra spending would give us a better chance to win.

But that desire to win does not mean 1 trophy in 10 years. It doesn't mean 1 in every 5 years. It means we want to get back to that Bill Nich purple patch which I'd say is what we should all aspire to as fans. In the current football climate (mega money, not Covid) that doesn't mean have an occasional splurge or a high turnover of players. It will only be achieved with continued high spending which includes spending on existing players.

I think we all want to see the club get back to the heights on the 60s and probably most of us want to see us spending every last drop of money on the playing staff. We could maybe summarise the ENIC tenure so far as an annoying "maturing" period in which we haven't spent every drop but will have greatly increased the total number of drops available for future spending. ENIC's success (or lack of it) will only be truly judged in 20 or 30 years from now, but we don't experience football on those sorts of timescales which makes it an impossible conversation to have.

Metalhead · Sep 15, 2020

makeveli said:
Enic was always an investment , they built and made there money now they need to sell up, this is pathetic , we have 6 season tickets on west stand which is nothing improves we giving up , only the boards fault no point blaming management

Those would be my concern because even though we have this fantastic new stadium, we cannot just assume that we will continue to see it filled if the ambition that went into building the stadium is not reflected in the playing side.

buckley · Sep 15, 2020

I f ENIC are all about investment well its just been reported that Lazio have had a 13 million pound bid excepted For Hun Min Jae.
After reading about a guy in India who says " spurs are becoming known because of Son and you are starting to see people with Son shirts . Now that is in India a cricket mad country . Surely the rest of Asia that is more football orientated the signing of this player makes sense because even if he fails the shirt sales alone would be cover his transfer fee in a couple of years . I am no genius but this seems like an investment opportunity to me that we would be foolish to turn our back on the few Korean players that have played in this country have been really good and they are low maintenance as they seem to be model pros . But the way Levy is dithering I would not be surprised if we miss out yet again on a player that has stated he wants to come to us .

Trotter · Sep 15, 2020

buckley said:
I f ENIC are all about investment well its just been reported that Lazio have had a 13 million pound bid excepted For Hun Min Jae.
After reading about a guy in India who says " spurs are becoming known because of Son and you are starting to see people with Son shirts . Now that is in India a cricket mad country . Surely the rest of Asia that is more football orientated the signing of this player makes sense because even if he fails the shirt sales alone would be cover his transfer fee in a couple of years . I am no genius but this seems like an investment opportunity to me that we would be foolish to turn our back on the few Korean players that have played in this country have been really good and they are low maintenance as they seem to be model pros . But the way Levy is dithering I would not be surprised if we miss out yet again on a player that has stated he wants to come to us .

You realise the amount of money clubs make on shirt sales is minimal.
Clubs sign contract for in the main fixed fee plus very small percentage of the sales.
It is the kit manufacturers that would benefit massively, and only give us some power when next up for renegotiating that contract.

PT · Sep 15, 2020

Insofar as the last five years are concerned, we’ve actually bought sensibly and within the boundaries imposed by a very stringent set of FFP rules. The demolition of WHL was iconic, since it was essentially a straight jacket on the team for improvements. Not only capping our abilities in the transfer market, but also the salaries to the top players, both those already playing and those we were in competition for with other clubs.

The income generated from 1.75 seasons at Wembley where the club made that a formidable home for us, the income improved, with a ramped up focus on club shop offers and then those record crowd attendances.

THe new stadium is set to be a cash cow. Not just with the 62k crowd capacity, but the extended opening hours for the bar areas. Then there’s the extra curricular events outside our season. The NFL events and then the boxing and pop concerts. Each events swells the coffers and deliberately so. There’s even talk of a rugby Union club sharing the ground in-season.

So, we’ve already seen the record transfer fee broken three times lately, implying the funds are being diverted from the income stream to the squad. In addition, our top players have had contracts renewed with record salaries, not possible at WHL.

COVID has kyboshed the strategy for the season ahead. Income streams cancelled or postponed meant that any spare revenue ha had to be re-diverted to assist with running costs.

The squad essentially, in the short term, has to generate its own player transfer funds. There is deadwood to shift, but they’ll not go until the end of the window as clubs keep their own limited powder dry. The players we want have similar principles applied for now.

Once the virus has died down to the extent where the sports allow attendances again, the machine will ramp back up and that is when the next level of participation will generically happen. Be patient.

markdadude · Sep 15, 2020

MK Yid said:
Club money has been used to do a buy back and cancellation of ordinary shares, which has the effect to increase their share % without investing any of their own money. Have a look in 2015 accounts (available online, there is some movement in that year, only pulled the 2015 and 2019 as that was in effect the comparison SR was doing, but it seems continual, although none happened in 2019), so yes in effect he is right to a certain extent, they have taken money out of the club, but they have not benefitted from the whole £40m as ENIC do not own 100% of shares, the other small shareholders will have benefited a little of those buy-back also.
Just gone back to prior years, this only started in 2015.

Basically in laymans terms, the club have directly bought some of the shares that ENIC didn't own, and instead of ENIC then buying them, they have just cancelled the shares and reduced the overall share capital.
In example numbers we had £500 million worth of shares of which ENIC owned £ 400m, others £100m (ENIC own 80%), club (not ENIC) spent £ 40m to buy up some other shareholdings. ENIC still own £ 400m, but others are now just £60m (and ENIC own 87%) without having spent a penny of their money, but instead having spent monies that could otherwise be used for players etc.

This, if true, is utterly scandalous. Underhand theft. It sounds plausible to me, taking into account the known character of Levy and Lewis. And this board is absolutely full of club employees... likely using multiple accounts. Pathetic.

Lighty64 · Sep 15, 2020

Clockspur said:
Yeah but nothing that truly matters. The new stadium is great but I’d take the old stadium and a couple of domestic cups over that.

do you honestly believe a couple of domestic cups would have been easy to win in the old stadium? a lot of players stayed with us because of Poch, and the knowing that their salary at next contract would go up, they also hoped to win a trophy or 2, but they themselves and Poch team selections in vital games cost us. had we stayed at the Lane they were never going to see the salaries they are on today.

what hasn't helped is the stupid money that Chelsea piled into the game at 1st, then came along the sheik with an already built stadium. when ENIC took us over we had already been left in the shadows with teams dominating due to being in the right place at the right time when football changed.

if people can't appreciate where we are today compared to before ENIC, then I feel sorry for them. yes we all want trophies and the reason we haven't is down to the players. if the teams that Poch put together couldn't win a trophy, I would like a list of players at the time that would of guaranteed not only winning the games, but would have even got us that far. I would also like to know why all the blame goes to levy when he never picked Son to play LWB, or Kane over Moura in the CL when he had no match fitness, or Dembele and Trippier getting in a tangle to concede v Man U.

The trouble will be someone coming in with the 2b to buy us, and then another bill to buy trophies. it's not ENIC's fault that Abramovic and the Sheik turned up and made it so much harder to win.

Trotter · Sep 15, 2020

markdadude said:
This, if true, is utterly scandalous. Underhand theft. It sounds plausible to me, taking into account the known character of Levy and Lewis. And this board is absolutely full of club employees... likely using multiple accounts. Pathetic.

To be fair looking back at the 2014 accounts, which I had not done at that stage, the buy back of ordinary shares was by far the more minimal element of the £40m, it is only 160k shares the club bought back, and it is in the main preference shares issued which were paid for in 2014 and repaid back by the club over the next 3 years (so in effect the £40m is repayment back of a loan to another ENIC company and in effect just a timing issue on the Swiss Ramble thread, the true amount of club funds they used for club share buy-back is nearer £200k

AberdeenYid · Sep 15, 2020

fishhhandaricecake said:
Its not just about spending big mate its about running the football side of the club in the right way, Liverpool are a prime example of that with the signings they've made and the manager they appointed who they fully backed with astute signings.

We take too long to sell players we don't need anymore or who don't want to be here and we sign a lot of expensive duds, sure all clubs make some mistakes but our scouting network and transfer committee etc are just not good enough and Levy has also made a number of poor managerial hire's until he got lucky with Poch and it looks like he's messed up again now with hiring Jose, its sucked the complete life out of the club and fans.

Ok, let’s agre that we don’t need to spend big, just on the right players. Are we signing these guys before they become a success elsewhere, or only wanting them afterwards?

Lets consider Liverpool then. How well would it have went down with the fans if we’d signed a left back from relegated Hull City? We’ve just signed an international class full back from a top ten team and it’s all a bit “shrug of the shoulders” from sections of the fan base. How about signing PEH, who wasn’t great this weekend and is a signal we are showing no ambition. How about if we’d signed Jordan Henderson, a shite player for a shite club, but is now player of the year? Sadio Mane has been brilliant, but was no better in his last season than Danny Ings has just been. Liverpool have been so lucky that a number of their punt signings have worked out. But have signed a lot of dross too.

As for your final point, this is what winds me up the most - Levy is crap at making managerial hires but got lucky with Poch? So Levy gets a kicking for getting things wrong, but when he gets them right, he’s lucky? Fuck that man. At least give credit where it’s due.

riggi · Sep 15, 2020

Donki said:
Getting that bad for you chief?

Yes and no. I just think the place needs something. The atmosphere under the lights when the ref was being a **** at whl was excellent. It’s all too fluffy and sanitised.

fishhhandaricecake · Sep 15, 2020

AberdeenYid said:
Ok, let’s agre that we don’t need to spend big, just on the right players. Are we signing these guys before they become a success elsewhere, or only wanting them afterwards?

Lets consider Liverpool then. How well would it have went down with the fans if we’d signed a left back from relegated Hull City? We’ve just signed an international class full back from a top ten team and it’s all a bit “shrug of the shoulders” from sections of the fan base. How about signing PEH, who wasn’t great this weekend and is a signal we are showing no ambition. How about if we’d signed Jordan Henderson, a shite player for a shite club, but is now player of the year? Sadio Mane has been brilliant, but was no better in his last season than Danny Ings has just been. Liverpool have been so lucky that a number of their punt signings have worked out. But have signed a lot of dross too.

As for your final point, this is what winds me up the most - Levy is crap at making managerial hires but got lucky with Poch? So Levy gets a kicking for getting things wrong, but when he gets them right, he’s lucky? Fuck that man. At least give credit where it’s due.

I get your view and yes levy did well hiring poch but come on mate no way he thought Poch would do as well as he did.

Also not sure Jose is the right fit but fair play to levy as he sees Jose as a winner and the fans keep banging on about trophies or lack of. If we sign bale reguligion and a striker all will be forgiven

Clockspur · Sep 15, 2020

Lighty64 said:
do you honestly believe a couple of domestic cups would have been easy to win in the old stadium? a lot of players stayed with us because of Poch, and the knowing that their salary at next contract would go up, they also hoped to win a trophy or 2, but they themselves and Poch team selections in vital games cost us. had we stayed at the Lane they were never going to see the salaries they are on today.

what hasn't helped is the stupid money that Chelsea piled into the game at 1st, then came along the sheik with an already built stadium. when ENIC took us over we had already been left in the shadows with teams dominating due to being in the right place at the right time when football changed.

if people can't appreciate where we are today compared to before ENIC, then I feel sorry for them. yes we all want trophies and the reason we haven't is down to the players. if the teams that Poch put together couldn't win a trophy, I would like a list of players at the time that would of guaranteed not only winning the games, but would have even got us that far. I would also like to know why all the blame goes to levy when he never picked Son to play LWB, or Kane over Moura in the CL when he had no match fitness, or Dembele and Trippier getting in a tangle to concede v Man U.

The trouble will be someone coming in with the 2b to buy us, and then another bill to buy trophies. it's not ENIC's fault that Abramovic and the Sheik turned up and made it so much harder to win.

It’s not that it would have been easy to win, it’s that we potentially could have been backed more in the market if it wasn’t for the new stadium. Adequate Back up for Eriksen and Kane and we pip Leicester to the title. A decent back up striker for Kane and Poch potentially doesn’t feel he has to play an unfit Harry against Lpool in the CL final.

I’m fed up of the stadium being the excuse. I’m fed up that we never bought back up for Eriksen until it was clear he was going and now we aren’t buying back up for GLC - when Sunday made it clear it’s necessary.

Im fed up that we were running round Europe and the wider world in January looking for a striker, and here we are again still looking for a striker with the season started even though we have had 9 months to address the fucking issue.

I’m fed up that we low ball teams rather than just paying that bit more for that bit of extra quality.

I am fed up that we pay the highest prices in the world as fans yet the chairman constantly pleads poverty. You can’t run football like a normal business as it is not a normal business.

To dare is to do, not haggling over the payment structure of a deal and constantly changing the goal posts so that the team misses out on the vital ingredient it needed because you fucked all the other parties off.

AberdeenYid · Sep 15, 2020

fishhhandaricecake said:
I get your view and yes levy did well hiring poch but come on mate no way he thought Poch would do as well as he did.

Also not sure Jose is the right fit but fair play to levy as he sees Jose as a winner and the fans keep banging on about trophies or lack of. If we sign bale reguligion and a striker all will be forgiven

You can question the success or otherwise of our managers, but not the ambition. Ramos was a top boss. So was Santini. Redknapp was more of a punt and worked. AVB was and is a top manager. Poch was fantastic for the most part. Jose is in the top five for the last decade or so. But sometimes timing is wrong and shit just doesn’t work out as planned.

What I do doubt is that the man who runs the club hires a manager and thinks he won’t do well. I don’t get that logic. It’s from the same stable as Levy just cares about profits, not the football team. What owner doesn’t want his team to be a success?

Even considering the plan is to exit with a huge sale, either we become massively successful and sell for billions to a nation state or similar. Or we go bottom half of the table and become a sleeping giant to sell to a project owner. Option A gets Levy and Lewis the most money, so it makes sense they’d want the team to succeed no?

Lighty64 · Sep 15, 2020

Clockspur said:
It’s not that it would have been easy to win, it’s that we potentially could have been backed more in the market if it wasn’t for the new stadium. Adequate Back up for Eriksen and Kane and we pip Leicester to the title. A decent back up striker for Kane and Poch potentially doesn’t feel he has to play an unfit Harry against Lpool in the CL final.

with adequate back up for Kane, the problem we definitely had was signing someone that was willing to sit it out in case. we signed an inform dutch striker that had not long before made the England defence silly. with Eriksen back up I honestly don't remember our squad size at the time

I’m fed up of the stadium being the excuse. I’m fed up that we never bought back up for Eriksen until it was clear he was going and now we aren’t buying back up for GLC - when Sunday made it clear it’s necessary.

the stadium wasn't at fault for non back ups, the old stadium was to blame for not being able to sign and pay top wages. we had a 36k stadium and have been so far behind competing on and off the field for a very long time. at the moment we can't afford to buy quality back ups for every single position, and we need to get rid of the deadwood

Im fed up that we were running round Europe and the wider world in January looking for a striker, and here we are again still looking for a striker with the season started even though we have had 9 months to address the fucking issue.

as I said buying another striker isn't easy when you have a world class player there. the french strikers agent that I think went to Napoli said his player wasn't willing to come if we had Kane

I’m fed up that we low ball teams rather than just paying that bit more for that bit of extra quality.

when we are talking about millions I can understand trying to get the fees down

I am fed up that we pay the highest prices in the world as fans yet the chairman constantly pleads poverty. You can’t run football like a normal business as it is not a normal business.

we pay the highest prices, (the same thing with every moaner) you have only had to pay it once, and if you never expected the prices to go up once completed then more fool you. when Arsenal completed theirs they charged the most, Everton fans will be paying more when they finish. they are not pleading poverty, they just don't want to be paying 2-3 players wages when they can't even be included, and are being over-cautious to when covid will end and fans will be allowed back as in full capacity and everything open. we haven't had any income in over 6 months, and no idea when that will return.

To dare is to do, not haggling over the payment structure of a deal and constantly changing the goal posts so that the team misses out on the vital ingredient it needed because you fucked all the other parties off.

that moto was created a very long time ago, and definitely not in todays mad world of stupid transfer fees

Shadydan · Sep 15, 2020

fishhhandaricecake · Sep 15, 2020

AberdeenYid said:
You can question the success or otherwise of our managers, but not the ambition. Ramos was a top boss. So was Santini. Redknapp was more of a punt and worked. AVB was and is a top manager. Poch was fantastic for the most part. Jose is in the top five for the last decade or so. But sometimes timing is wrong and shit just doesn’t work out as planned.

What I do doubt is that the man who runs the club hires a manager and thinks he won’t do well. I don’t get that logic. It’s from the same stable as Levy just cares about profits, not the football team. What owner doesn’t want his team to be a success?

Even considering the plan is to exit with a huge sale, either we become massively successful and sell for billions to a nation state or similar. Or we go bottom half of the table and become a sleeping giant to sell to a project owner. Option A gets Levy and Lewis the most money, so it makes sense they’d want the team to succeed no?

If we sign Bale then I’m taking credit due to the e-mail I sent him last night:

Dear Daniel, Jose and Steve,

I've been a Spurs supporter all my life and a season ticket holder for 25 years, my family are also huge lifelong Spurs fans. On viewing the recent All or Nothing series I wanted to take the time to email you as you claim in the show that you do read emails from supporters so here's to hoping you're true to your word...

Firstly I wanted to say thank you for all the good you've done during your time at the club, the transformation of the club during the time has been remarkable, I don't think there is another Premier League club comparable in terms of the improvements on and off the pitch without a billionaire sugar daddy ploughing money into the club. I believe we've gone from a rough average league position of around 12th to 4th, mid-table mediocrity to at times under Pottichitino title contenders playing some of the most attractive football in the league.

Off the pitch we now have one of the best stadiums in the world the envy of many rival fans and I don't think our fans in particular quite understand the complexity with regards to acquiring businesses and land in the surrounding area to the old stadium as well as planning permissions so the time and effort and thoughts spent over many years to get us to the point of stadium completion needs to be absolutely commended. The training ground is equally impressive, so the foundations have now been built for us to be a sustainable top top class top tier football club.

I also understand the decision to replace Potticitino with Mouriniho, Poch did brilliantly for 5 years but ultimately ran out of steam and I commend the difficult emotional decision to sack him but it was indeed the correct one. I also completely commend the decision to hire Mouriniho especially as we're now at a point as a club where the next step is to start winning trophies again so who better than Jose Mouriniho. I also appreciate as you mention in the documentary the difficulty and complexity of transfers and appreciate that we did partake in a large net spend last summer which makes sense with the stadium finally being up and running that we can start to be a bit more ambitious with our net spending to really take the team and squad to that next level.

What I would like to express my concerns about are two things:
1) The style of football being played under Mourinho (not all Jose's fault at all, he's doing a commendable job considering the unbelieveable issues last season with injuries and big players contracts running down and coming in mid-season etc): You mentioned in the documentary that you want us to win and play in style. Unfortunately as much as I respect Mourinho as a manager I have to say that the tactics and style of play are constantly extremely negative, we have such little possession and create so few chances that not only is it often very dreadful to watch but time and time again it is showing to not be effective.

I believe this is partly down to tactics but also more so down to the fact that our midfield lacks creativity and has done since Dembele and Eriksen left. We cannot just rely on Lo Celso and clearly Ndombele cannot be trusted or needs more time to adapt so not only is signing another striker to support Kane imperative but also a creative central midfielder and ideally a top top class attacking midfielder ‘Baleesque type player’ as we cannot just rely on Son and Kane every match.

We all want to win trophies but as a Tottenham fan as you say you are hopefully you're familiar with Danny Blanchflowers quote below because Bournemouth away last season and the 2nd half of the game against Everton in the first game of this season were up there with the most toothless and inept and uncreative performances I've ever seen as a Spurs fan in 30 years and I fear you will lose a lot of season ticket holders if we continue playing in this manner, especially if we don't get good results.

“The great fallacy is that the game is first and last about winning. It is nothing of the kind. The game is about glory, it is about doing things in style and with a flourish, about going out and beating the other lot, not waiting for them to die of boredom.”

2) The set-up of the football decisions: Now I respect that I don't know the full goings on behind the scenes but a real frustrations as fans is that year after year after year we either don't address the glaringly obvious issues with our squad by either not moving players on at all or quickly enough and not signing players in positions we actually need and/or making signings so late in the transfer window that we have a really disrupted start to the season where we are constantly playing catch-up to other clubs.

I personally find it sad how you as a chairman and the board get so much negativity from the fanbase given that all you've done for the club, you could say a lot of the fans are ungrateful. However to me it seems from the documentary that you're stretched too thinly and are having to be too involved in the football decisions of the club which should be much more down to a Director of Football type role and or the manager. I'm concerned that whilst we've made huge strides off the pitch during the last few years our rivals have made big strides on it and we've gone from the 2nd best team in the league under Poch only 3 seasons ago to now struggling against mid and lower table teams. I hope Jose can be successful for us but he needs the quality of players to be able to get us playing for example like his last most successful Chelsea team and right now we are a good 4-5 players away from that level of squad.

The signings of Hart, Hoyjbjerg and Doherty have been a good start but we still need to improve by making signings for:

Left back : upgrade on Davies
Centre back: replacement for super Jan
Creative centre midfielder: replacement for Eriksen
Attacking midfielder : to improve on Lucas and Lamela who consistently give the team very little in the way of goals or assists especially compared to players in similar positions for our rival teams
Striker : to play WITH Harry Kane not just as a back-up

We need absolutely minimum to sign a striker and either a creative centre midfielder or a top top class game changing attacking midfielder and a centre back otherwise it doesn't matter who are manager is we have zero chance of finishing in the top4 or even the top6. These next 3 weeks are crucial and I really hope that Jose and Steve Hitchen can see these squad weaknesses and address them as if all of us fans can see them week in week out on forums and podcasts etc then surely a manager getting paid £15million a year and a so called expert Head of Recruitment can also recognise these areas of weakness.

Many thanks for your time Daniel and a huge thank you again to you and all the staff at the club to make us so proud of our great club, I just hope that my two points can be addressed and improved upon so we can see the type of football we as Tottenham fans would want to watch and we have the squad we need to finally win a trophy again which would be the icing on the cake of your tenure as our chairman.

I look forward to your response.

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North Stand behind Pat's goal.

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I believe

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I believe

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