Next Manager Watch

Jaddas · May 4, 2023

JN walked away from Chelsea and will probably (or already has) done the same with us. Think he would've been perfect for us.

Also, I really hope the Levy out chants continue on Saturday, and not just if we are losing. Need to make him squirm in his seat whilst the match is on. He expects us to accept mediocrity whilst fleecing the fans and building his property empire.

Sounds harsh, but we need to drive him out of the club as he'll never step aside from the football side.

Yiddo100 · May 4, 2023

Dakes said:
Just going off the caption, it sounds like we've done zero interviews to date. Just due diligence thus far. Fair enough, but I thought we'd have spoken to a couple of candidates already.

The article does suggest we’ve made contact with Nagelsmann and Enrique, not 100% sure what that really means but id imagine that’s at least some talks

ShriekinKnight · May 4, 2023

Anyone else surprised Luis Enrique is still on the list with the others?

Seems the oddball out of the candidates in that he is very tactically inflexible AND so little of our squad is equipped to play his style

Seems like Conte 2.0 in that it would take huge investment to fully get his system running

thebenjamin · May 4, 2023

What should posy mean?

Archibald&Crooks · May 4, 2023

Dakes said:
Just going off the caption, it sounds like we've done zero interviews to date. Just due diligence thus far. Fair enough, but I thought we'd have spoken to a couple of candidates already.

Due diligence my hairy arse

mil1lion · May 4, 2023

Bluto Blutarsky said:
Think about it like this:

When Levy (or any chairman) sets the transfer budget - they are not setting a "cash" budget. Instead, they set the budget as how much obligation the club can take on. All transfers are paid in installments. What matters is the overall obligation to the team (as well as future obligations owed to the team via player sales).

So, a £50M transfer budget does not mean we have £50M in cash to spend, it means we can take on £50M in obligations. We have, as you noted, historically tried to expand our budgets by working loans - which have the effect of moving the obligation to the next Fiscal Year - more of an accounting trick than anything related to cash outflows. As long as revenues keep rising, it's not a big deal.

Right now, we have Porro's obligation, which we will have to add this summer, and we have Kulu's option, which we will probably add - and those obligations will be ~£80M. Those obligation will come out of the 23/24 transfer budget - in a year when revenue is likely to fall due to lack of CL, and a lower than expected finish in PL.

Now - we have a lot of players who we can sell - which, it should be noted does not mean we get cash up from for all of the sales, since those are also paid in installments. But, having to account for Kulu and Porro in the new fiscal year, along with a projected drop in revenue, will mean that we are limited in what we can take on in terms of other player transfers. So, we either get a bigger investment from ENIC (I think I have read they are still willing to commit at least the unused £50M from last summer), or we will have to be creative in our transfers with more "inexpensive" players and more loans with options/obligations than outright transfers.

Not being funny but I doubt anyone really knows how the budget works. I doubt the Kulusevski fee comes out of one budget for example. I thought the reason we put off triggering it was because we had the option to pay it over a longer period if we take it this summer. Therefore I can't see how if a transfer was say 25m and paid as 5m over 5 years that the transfer wouldn't just be 5m of each budget set per year. I doubt the full fee is taken out from the budget this summer alone. I'm sure the club projects what they can commit too over each year and then work a transfer into that overall projection. If we project we can spend 500m over 5 years (100m the budget for each year) then as long as the transfers are spread over that term it would surely be fine for the overall fee to be covered by the 500m not say 100m of 1 year. If I take out a loan of 5k over 5 years I don't set my budget up to commit to 5k in 1 year. I set it to 1k per year for 5 years.

easley91 · May 4, 2023

Dakes said:
Just going off the caption, it sounds like we've done zero interviews to date. Just due diligence thus far. Fair enough, but I thought we'd have spoken to a couple of candidates already.

Maybe we were waiting for Munn to get involved before going any further with actual interviews?

HildoSpur · May 4, 2023

Wheeler Dealer said:
In Porro's case, this maybe a blessing in disguise

We have to sign him regardless

Bluto Blutarsky · May 4, 2023

Russ1201 said:
What amazes me is how Lewis just sits back and watches him destroy the club.

Lewis does not care about the club - at all. Lewis cares about his investment.

So, far the investment is performing admirably, whilst the club struggle. As long as that remains true, then Levy is doing what Lewis wants.

Where is gets interesting is how Lewis reacts to the next couple of years when revenue is declining or flat. Levy has gotten himself in a little bit of a pickle here, as he probably needs additional investment from Lewis to right the ship, but he has probably "promised" that all he needed was the investment Lewis committed to last summer.

Guntz · May 4, 2023

POK has some different info and says we haven't walked away from Nagelsmann yet.

Can imagine there's a lot of posturing going on.

Bluto Blutarsky · May 4, 2023

mil1lion said:
Not being funny but I doubt anyone really knows how the budget works. I doubt the Kulusevski fee comes out of one budget for example. I thought the reason we put off triggering it was because we had the option to pay it over a longer period if we take it this summer. Therefore I can't see how if a transfer was say 25m and paid as 5m over 5 years that the transfer wouldn't just be 5m of each budget set per year. I doubt the full fee is taken out from the budget this summer alone. I'm sure the club projects what they can commit too over each year and then work a transfer into that overall projection. If we project we can spend 500m over 5 years (100m the budget for each year) then as long as the transfers are spread over that term it would surely be fine for the overall fee to be covered by the 500m not say 100m of 1 year. If I take out a loan of 5k over 5 years I don't set my budget up to commit to 5k in 1 year. I set it to 1k per year for 5 years.

Let's just leave it as - that's not how long-term budgets work. You are confusing cash flows with obligations - they are not the same.

Ghost Hardware · May 4, 2023

Hercules said:
I dear not say anything. What a disaster. Mr D Levy, would go to the barbers for a haircut, then realise he has no hair. He wanted Nagelsmann, thought he could kid. Óops convince him to trust his way of doing things. Promised but no commitment. The remit is we have good posy we have spent a lot of money on. Surely they can get a tune out of them. Oh, btw we will discuss a budget after you sign with us. This is what we are faced with. Now let’s find a manager who I can work with. Makes please? Honestly, this is what we are up against.

What remotely established manager is going to accept the job without knowing the budget he will have. I guess thats why names like Alonso are starting to pop up, probably much less demanding. Amazing, JN right there for the taking, wants to come and Levy gets a wobbly feeling about money. One would have hoped the the current discontent with Levy would have pushed him into accepting changes needed to be made but I guess not.

Hoopspur · May 4, 2023

Fuck this negativity. I'm still looking at this as an opportunity and am looking forward to the outcome. Thank Christ the moaning 'bastuards' (that probably also sit around me) are now coming out and proclaiming it's the end for them and Spurs. I won't miss you.

It's a bloody feeding frenzy. I will also liken it to when we signed Stevie B and Porro - both the best and fastest things that ever happened to Spurs.

Wait and see and then complain when something actually does happen as opposed to something that might.

*All written with love and big kisses.

HildoSpur · May 4, 2023

As someone firmly on the Slot train I'm fine with all this. If however we end up with Mason in charge I give up.

hero · May 4, 2023

Fidget said:
7th manager of the season?

Lol!!!! I can imagine it))))

greaves · May 4, 2023

Bluto Blutarsky said:
Think about it like this:

When Levy (or any chairman) sets the transfer budget - they are not setting a "cash" budget. Instead, they set the budget as how much obligation the club can take on. All transfers are paid in installments. What matters is the overall obligation to the team (as well as future obligations owed to the team via player sales).

So, a £50M transfer budget does not mean we have £50M in cash to spend, it means we can take on £50M in obligations. We have, as you noted, historically tried to expand our budgets by working loans - which have the effect of moving the obligation to the next Fiscal Year - more of an accounting trick than anything related to cash outflows. As long as revenues keep rising, it's not a big deal.

Right now, we have Porro's obligation, which we will have to add this summer, and we have Kulu's option, which we will probably add - and those obligations will be ~£80M. Those obligation will come out of the 23/24 transfer budget - in a year when revenue is likely to fall due to lack of CL, and a lower than expected finish in PL.

Now - we have a lot of players who we can sell - which, it should be noted does not mean we get cash up from for all of the sales, since those are also paid in installments. But, having to account for Kulu and Porro in the new fiscal year, along with a projected drop in revenue, will mean that we are limited in what we can take on in terms of other player transfers. So, we either get a bigger investment from ENIC (I think I have read they are still willing to commit at least the unused £50M from last summer), or we will have to be creative in our transfers with more "inexpensive" players and more loans with options/obligations than outright transfers.

Nice and clear for simpletons like me. No one can disagree with this as I cannot currently deal with complexity...

Archibald&Crooks · May 4, 2023

I think it's entirely possible that Levy has been bumbling around being Levy, his problem is, that he's been sussed now, managers, hell, even DoF's are aware of his reputation and playing hardball, they ain't coming up for his spiel any more. It's come as a massive shock to him, he really doesn't know what to do next and some cold hard thinking is required if he's going to extract himself from the corner he's shuffled himself into.

If the current spell of negativity is true, maybe as it stands he's desperate for a get out of jail free card and could it be that there's a slim chance that he realises that card has got Pochettino stamped all over it.

But I also think we're getting ahead of ourselves, we haven't got a scooby as to what's really happening and we're all getting a little tiny bit hysterical. I think some of what we're hearing doesn't add up or sit square with previous stuff concerning him realising that a reset is needed so a lot of all this smells whiffy to me. Also, it's taking a long time but is it. Are our hands tied by the end of the season, is it unfortunate timing and the longer it takes the more the pendulum of stories swings negatively, then back to positively, tick, tock, tick, tock.

TLDR; I have no idea what's true any more but the flim-flam is strong

Bluto Blutarsky · May 4, 2023

Guntz said:
POK has some different info and says we haven't walked away from Nagelsmann yet.

Can imagine there's a lot of posturing going on.

This makes sense - and why we have a flurry of articles suggesting different targets - to make JN think Spurs are ready to move on.

Levy/Spurs probably look at JN and think Spurs are his best option - and so, JN is likely to cave to Levy's demands.

Its all part of the game.

(I will add, I think this is a dangerous game of chicken, as it ultimately leaves other managers knowing they are not the first choice, and anyone good enough to take on the job won't want to be sloppy seconds. Best case scenario is we uncover the next Poch, and not the next Nuno)

Wick3d · May 4, 2023

Archibald&Crooks said:
But I also think we're getting ahead of ourselves, we haven't got a scooby as to what's really happening and we're all getting a little tiny bit hysterical. I think some of what we're hearing doesn't add up or sit square with previous stuff concerning him realising that a reset is needed so a lot of all this smells whiffy to me. Also, it's taking a long time but is it. Are our hands tied by the end of the season, is it unfortunate timing and the longer it takes the more the pendulum of stories swings negatively, then back to positively, tick, tock, tick, tock.

TLDR; I have no idea what's true any more but the flim-flam is strong

The same can be said about Levy. :LOL:

Tucker · May 4, 2023

HildoSpur said:
As someone firmly on the Slot train

Those are called Monorails mate.

Forums

What's new

Matches

Sportsbook

Members

Next Manager Watch

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Aegina Expat

This is the place to be

Well-Known Member

Likes Erik Lamela, deal with it.

Well-Known Member

Loves a good meme/gif

Well-Known Member

Well-Known Member

You have insufficient privileges to reply here!

Likes Erik Lamela, deal with it.

Well-Known Member

Well-Known Member

Aegina Expat

Well-Known Member

Well-Known Member

Shitehawk

Similar threads