Next Manager Watch

[Majick]

Alonso clears latest hurdle to become next Tottenham boss after Levy green light

Xabi Alonso has emerged as Tottenham chairman Daniel Levy's top choice to become manager and is now ready to pay the financial package in order to hire the Spaniard

www.mirror.co.uk

Mirror saying Alonso is front runner but needs a successful interview first?! Eh surely the front runner would only be known after the interviews. I'm calling bullshit on it.

The first round is just an assessment of their headshots to see who'll look good in the 2024 calendar. Alonso doesn't really have any competition on that front.

 

[aussiespursguy]

Interested to know why you have Slot above De Zerbi?

Because whilst I really like him I can't see him leaving Brighton.
And to be honest why would he. He has them flying.

 

[aussiespursguy]

Add Kompany to that but otherwise completely agree mate

Forgot about him!

 

[KaribYid]

I think maybe one of the reason clubs are more hesitant to pay manager buyouts is the difference in accounting treatment for those vs transfers.

Transfers fees are capitalized and expensed (amortized) over the contract term. So signing a player for 10m on a 5 year contract means the expense that year for that transfer will be 2m (10m/5yrs).

That accounting treatment doesn't exist for manager buy outs so buying out Nagelsmann (as an example) for 10m and paying him 10m a year in wages means the club would be incurring 20m in expenses for that accounting year.

It also gets dicey as if the manager flops and has to be sacked, the cost to sack him would also be incurred in the same financial year. Whereas with a player (especially when we're talking transfers the size of 10m), there's always the possibility that the amount could be recouped. And from an accounting perspective selling the player for the same price you bought him for a year or two later would be recognized as a profit.

20m may not seem like a lot but it also has to be considered in the grant scheme of the total costs that football clubs have to manager.

I'm sure there's other more sophisticated reasons why clubs appear hesitant to pay manager buyouts vs transfers despite managers being more important. The above is just my perspective as an accountant.

 

[cliff jones]

JN has a much more solid base of evidence he really knows what he's doing than XA- who could be anything?

Every appointment is a risk, we know, but why take an even bigger one?

JN, RdZ, VK are my top three in that order. AS could be exciting but who knows?

Mason's successful decision to drop Dier yesterday has me, for the first time, imagining whether he might, just might, know what he's doing. Still think he needs to go off and do a good job elsewhere though...

 

[HedgieSpur]

I think maybe one of the reason clubs are more hesitant to pay manager buyouts is the difference in accounting treatment for those vs transfers.

Transfers fees are capitalized and expensed (amortized) over the contract term. So signing a player for 10m on a 5 year contract means the expense that year for that transfer will be 2m (10m/5yrs).

That accounting treatment doesn't exist for manager buy outs so buying out Nagelsmann (as an example) for 10m and paying him 10m a year in wages means the club would be incurring 20m in expenses for that accounting year.

It also gets dicey as if the manager flops and has to be sacked, the cost to sack him would also be incurred in the same financial year. Whereas with a player (especially when we're talking transfers the size of 10m), there's always the possibility that the amount could be recouped. And from an accounting perspective selling the player for the same price you bought him for a year or two later would be recognized as a profit.

20m may not seem like a lot but it also has to be considered in the grant scheme of the total costs that football clubs have to manager.

I'm sure there's other more sophisticated reasons why clubs appear hesitant to pay manager buyouts vs transfers despite managers being more important. The above is just my perspective as an accountant.

Raises the interesting question though… why isn’t the manager an asset? Why are manager costs deemed Opex and players Capex?

It’s a rhetorical question really (and don’t wanna clog this thread with accounting treatment of assets!) but seems a little strange to me.

 

[Frozen_Waffles]

JN has a much more solid base of evidence he really knows what he's doing than XA- who could be anything?

Every appointment is a risk, we know, but why take an even bigger one?

JN, RdZ, VK are my top three in that order. AS could be exciting but who knows?

Mason's successful decision to drop Dier yesterday has me, for the first time, imagining whether he might, just might, know what he's doing. Still think he needs to go off and do a good job elsewhere though...

I'm not totally against Mason.

Nagelsmann and Slot are clearly the main contenders, but if for some reason we are unable to get one of those, then I wouldn't be averse to Mason being part of the discussion.

 

[brasil_spur]

Sorry but until we are close to appointing a new Manager all the mass panic in here is pointless.

First time in Spurs chat?

We were 99% about to appoint Fonseca previously and that came completely out of the blue,

Didn’t that end with us appointing Nuno though??

who knows who Levy will pull the trigger on this time but I think lessons will have been learnt in terms of the type of Manager we want to hire even if the process behind the scenes is a bit messy again.

The old lessons have been learned line, love it.

 

[Albertbarich]

I'm sorry as this maybe confirmation bias but there is no way on earth Alonso has jumped the queue Infront of Nagelsmann.

The pilot ITK guy on twitter told someone to be careful about links as the club is purposely leaking them to keep their options open and I can see this whether he's made it up or not. Enough links suggesting different people are first choice makes everyone feel like just that and if in reality we're going for our second choice it may hide it .

 

[HodisGawd]

I'm sorry as this maybe confirmation bias but there is no way on earth Alonso has jumped the queue Infront of Nagelsmann.

The pilot ITK guy on twitter told someone to be careful about links as the club is purposely leaking them to keep their options open and I can see this whether he's made it up or not. Enough links suggesting different people are first choice makes everyone feel like just that and if in reality we're going for our second choice it may hide it .

What a load of nonsense. Does this "pilot ITK guy" also wear a pointy foil hat?

Believing conspiracy theories, however small, isn't going to help unpick what's happening here.

Just stick to what's actually been said and after that what's reported in respected publications, while still applying a heavy dose of salt.

 

[Albertbarich]

What a load of nonsense. Does this "pilot ITK guy" also wear a pointy foil hat?

Believing conspiracy theories, however small, isn't going to help unpick what's happening here.

Just stick to what's actually been said and after that what's reported in respected publications, while still applying a heavy dose of salt.

The Daily Mirror isn't a respected publication .

Not sure why you felt the need to reply in such a rude tone, maybe another cup of coffee is in order but the club putting out stories isn't exactly an area 51 style conspiracy theory.

I'll leave you to enjoy your good mood.

 

[-Afri-Coy-]

The Daily Mirror isn't a respected publication .

Not sure why you felt the need to reply in such a rude tone, maybe another cup of coffee is in order but the club putting out stories isn't exactly an area 51 style conspiracy theory.

I'll leave you to enjoy your good mood.

Stealing this one.

 

[nickspurs]

I think maybe one of the reason clubs are more hesitant to pay manager buyouts is the difference in accounting treatment for those vs transfers.

Transfers fees are capitalized and expensed (amortized) over the contract term. So signing a player for 10m on a 5 year contract means the expense that year for that transfer will be 2m (10m/5yrs).

That accounting treatment doesn't exist for manager buy outs so buying out Nagelsmann (as an example) for 10m and paying him 10m a year in wages means the club would be incurring 20m in expenses for that accounting year.

It also gets dicey as if the manager flops and has to be sacked, the cost to sack him would also be incurred in the same financial year. Whereas with a player (especially when we're talking transfers the size of 10m), there's always the possibility that the amount could be recouped. And from an accounting perspective selling the player for the same price you bought him for a year or two later would be recognized as a profit.

20m may not seem like a lot but it also has to be considered in the grant scheme of the total costs that football clubs have to manager.

I'm sure there's other more sophisticated reasons why clubs appear hesitant to pay manager buyouts vs transfers despite managers being more important. The above is just my perspective as an accountant.

Yes, I think this is right. In addition, it may be that the loans against the stadium have minimum restrictions on the levels of reported profit in any year which make big hits on manager comp even less possible.

 

[Chris Flynn]

Raises the interesting question though… why isn’t the manager an asset? Why are manager costs deemed Opex and players Capex?

It’s a rhetorical question really (and don’t wanna clog this thread with accounting treatment of assets!) but seems a little strange to me.

I suppose a manager isnt a salable assette in the way a player is. No transfer fee

 

[dontcallme]

I suppose a manager isnt a salable assette in the way a player is. No transfer fee

Yep, before recently when top clubs regularly struggle to sell players, the cost of a player was the wages and the transfer fee was the investment.

 

[AJW]

With Madrid winning last night I think there is less chance of Ancelotti going.

I just don’t see what other choices Nagelsmann will have apart from us unless he waits for someone to get fired but I don’t see who that would be

 

[thebenjamin]

With Madrid winning last night I think there is less chance of Ancelotti going.

I just don’t see what other choices Nagelsmann will have apart from us unless he waits for someone to get fired but I don’t see who that would be

Whoever we get instead of him

 

[bbunc]

No clue who it is or will be. I know when you have to negotiate a fee to buy something you want it’s best if the seller thinks you have other options

 

[Albertbarich]

With Madrid winning last night I think there is less chance of Ancelotti going.

I just don’t see what other choices Nagelsmann will have apart from us unless he waits for someone to get fired but I don’t see who that would be

PSG, I came across a Juve Twitter thread and their fans are desperate to see Allegri sacked and according to them so are a lot of the players so that may come up.

 

[Guntz]

PSG, I came across a Juve Twitter thread and their fans are desperate to see Allegri sacked and according to them so are a lot of the players so that may come up.

Can't see Nagelsmann going to any club in Italy.

Juve are a shell of a club they once were and are in all sorts of trouble right now.