We haven't been this good for 30 years. We have players who are the best in their position in the league and we have Kane and Alli who are the two of the finest young players in world football who could get in to most teams in world football. I agree we have done an admirable job keeping wages low but I think we're being naive if we think we can continue that strategy forever given much progress the club has shown on the pitch overtaking the likes of Emirates Marketing Project and United on the pitch. I don't think we have to match what the top clubs pay but I don't believe we can continue paying a third of what those clubs pay their top players.
So say we increase our overall wage spending by 20-25% this summer. As a response to rumours that players like Walker and Alderweireld want more money to stay. That moves us from paying a third of what the richest clubs pay to closer to half of what they pay. What happens next summer? Another 20-25% bump as the same (or other players) start saying that they could be making twice as much at City? Just keep going from there?
I'm not talking about "forever". I'm talking about continuing the sensible approach Levy has taken so far where our overall wage spend is a lower percentage of our turnover than many of the clubs we're competing with. This has come by as a result of hard work and good strategical thinking from Levy and the club. Let's keep doing that. Let's increase wages as our turnover increases for sure.
Agreed. We need to really seize the day and not let the opportunity slip. Pay our key players top wack with massive incentives to achieve CL again and stay for at least two seasons in the new stadium. By that time we would surely know if we are truly title and cup winners. In the meantime, sell off all our surplus players ( Sissoko, Wimmer, possibly Walker, if he agitates for a move, and maybe Lamela if the rumours are true) and only recruit at most two or three players in key positions.
We simply mustn't regress from here. Onwards and upwards.
I don't see why not regressing, onwards and upwards and not letting the opportunity slip is best achieved by paying our key players "top wack". We all agree that we want the club to improve... The discussion is how to make that happen.
A great way to regress imo would be to overextend our wage spending, giving us less flexibility in the transfer market and risking a situation where we could be forced to sell because of our wage costs. Arsenal have spent a lot more money on wages than us, find themselves with key players on shorter contracts that want out. And they find themselves with frankly average players on way more money than they should be comfortable paying. What makes spending money more like them a good approach? Liverpool overextended their wage spending back 10-12 years ago and felt the effects of that for some time. Are they an example to follow?
No one wants to see our best players leave. But the reality is that there essentially is no way we can protect ourselves from players wanting to leave by just shoveling money at them. There is some risk that some of our key players will want to leave at some point. We have to accept some of that risk. We can try to minimize it, but we shouldn't try to eliminate it. And the fear of that risk shouldn't dictate our strategy.
Again and again I come back to Dortmund and Atletico Madrid as clubs to look too. Like us they've managed to compete with richer clubs over some time. And unlike us (so far) they've managed to establish themselves at a high level outperforming their financial constraints for some time. They have many of the same strengths as we do.
Levy has said players can want all they want. We have signed most on long contracts that they were happy with at the time. If we had performed badly then would they expect a reduction?
Very true....but slightly naive from Levy. Think he's on top of it though. He's not gonna go all Peter Ribbsdale on us anytime soon.
To be fair Levy has to say that. He can't very well go into negotiations with agents this summer having said "yeah, we'll give everyone a pay bump as they deserve it".
Say what you want about Levy, but naive...? Not buying that.
I think he's very much on top of this situation. I think he knows very well the cost and disruption that can come from losing key players. And he has a great understanding of our financial situation, the costs and earnings expected from the stadium with error margins and what we can reasonably spend on wages over the next couple of seasons. Unlike people speculating on a forum. With the help of Pochettino very good decisions will be made on this.
Levy has to actually consider the risk of what happens if we have a disappointing season at Wembley and at the same time the WHL build takes longer than expected and we have to spend another year away whilst at the same time costs at the new stadium increasing. The chance of that happening might be small. I'm guessing it's less than 10%, but I also think it's higher than 1%. It's a somewhat likely outcome and it's Levy's job to actually figure out a way that even if that happens the club overall keeps moving forward.
Levy's approach has often been criticized for being too cautious and the amount of times I've seen the "top wack/just spend the money Levy" argument over the years is beyond my ability to count. But Levy's strategy has to me been key in making sure we haven't regressed seriously at any point during his time at the club. There have been setbacks as there will be, but they've never been catastrophic and we've always bounced back quite quickly. Never getting stuck paying wages beyond our means has been key to that imo. It has left us with flexibility in our decision making and in the transfer market at all times and we've been able to react to setbacks in a positive way.