Finney Is Back
Luka Modric
Does it concern you that we'd cut these things to the bone previously as clearly not deeming them important?
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Tottenham Hotspur Karen Club....what do they do?
- Thread starter Aldo
- Start date
Finney Is Back
Luka Modric
I don't love the bloke at all. Just don't think your account is correct. Abramovich did not load debt onto Chelsea. He kept Chelsea debt free while loading debt onto a business that he solely owned (Fordstram Limited).
Finney Is Back
Luka Modric
How did it become so broken in the first place? Who oversaw that?
You know who oversaw that as does everyone else.
The club seemingly failed or simply neglected this side of operations over the period from around the time we left WHL up until Paratici joined.
I don't know if they were cut to the bone or not, I don't track who works in these departments and even if I did I wouldn't have the knowledge of what's needed in each department and if those that are there are any use. I doubt any of us really do.
What concerned me more was that we abandoned the DoF model we had in place to keep a few managers happy. That should never have been the case. That's finally been fixed and I hope Levy never abandons it again. With Paratici in place it seems a lot of things are improving behind the scenes. Again I don't have the knowledge, but just the bits of info coming out seem to indicate this.
Funny that, some who want to blame Levy for everything are the biggest defenders of Poch (who didn't want the DoF)
Fact is, it's too easy to say Spurs were brick at buying player until Paratici -> Carrick, Modric, Bale, Walker, Rose, Jan, Toby, Lloris, Eriksen, Dembele, Keane, Defoe, Berbatov, VDV, Son, list goes on, we have a history of making some brilliant buys.
Now it would be a fun exercise to map FA, Comolli, Mitchell, Paratici, no Dof buys and do the comparison, probably with some context of club income/profit at the time.
Finney Is Back
Luka Modric
Who says that Poch didn't want a DoF? He seemed very happy to work with Mitchell didn't he (though to be fair Mitchell wasn't actually a DoF but he was at least a very good head of football recruitment). Letting Mitchell leave (essentially over money) was a big mistake
I think we also had Baldini as DoF for a while?
Also pleat, would have been the likes of walker, bale, lennon, keane etc... Modric was comolli but levy had to fly out to secure the deal. Eriksen was baldini the magnificent 7 lot. Vdv was a late offer to levy on deadline day which harry ok'd. Can't remember the others.
Nobody has said we were brick at buying players for our entire history until Paratici, but we have been brick for several years prior to him coming in.
There's been a marked improvement under him compared to the 4-5 years previous.
Also, it's not just about buying players, but overseeing the whole football side of things.
Gutter Boy
Tim Sherwood
He brought Ramon Planes over from Espanyol when he arrived (the one who until recently was at Barca). I'm not sure what happened there though - whether he clashed with Baldini or just didn't settle in England - but he only stayed a year.
Hitchen joined in 17 ahead of the summer window and left after the 22 January window (Paratici joined summer 21)- pretty sure there wouldn't have been more than 1 or 2 decent buys in that period, excluding when Paratici was involved
Finney Is Back
Luka Modric
The scouting side of things also went to brick under Hitchen, we barely had a network.
Grays_1890
Colin Calderwood
The debt and loan was listed on the clubs accounts which suggests that until the embargo and pressure over Ukraine he wanted that noney back which was actually listed to be owed to another company although paid from the company you mention. It might also explain why till this day, independent financial experts still value the club less than what was paid saying that 1.5bn is closer to the true value with the extra being paid likely to be the money from the debt. I mean we could argue about that till the cows come home because some will say they were paying for the brand etc but I am going by analysts who looked into it.
But that aside, as I always say on here, people will always look past the fact he was a murderous scumbag because he won a CL title and a few leagues titles, which makes it ok. Some Spurs fans would have taken Chemical Ali if it meant a league title
Kandi1977
Terry Dyson
Both.
Bullet
Luka Modric
I'm lost on the Cheatski purchase price.
Surely if a club had a MASSIVE debt, they would be sold for a nominal £1 or something.
I.e. please take this club off my hands and take the debt away from me
So wouldn't Boehly pay less, like £1 if there was some huge debt, rather than paying e.g. £1.5bn for the club + £2.5bn for the 'debt' or whatever the numbers were.
Nothing makes sense in Abramovich land.
Bedfordspurs
Arthur Rowe
The debt was to Roman who owned the club
So anyone buying it had to pay for the club and the money the club owed Roman basically
The debt was basically wiped out, as part of the sale was that Abramovich couldn't gain from it. He did try and get the loans he provided repaid but because of the sanctions against him that was blocked.
Gazza
Frederic Kanoute
To be honest, I hate Chelsea as much as most but it wouldn't have made sense for the club to be sanctioned.