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Sell King you should get at least £5.00 for him

- Peter, Essex, 25/03/2009 16:51
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And I was under the impression Tottenham were "a big club".

At least that's what I've been told.

For 32 years.

- Stu, Beckton, 25/03/2009 15:57
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Roland 'Butter' - Its quite clear that the figures have been manipulated, either to hoodwink the possible financiers of the proposed redevelopment of WHL, unlikely, or more likely to make the club more valuable & hence more appealing to any potential purchasers. Obviously the 'profit' was not planned, it was the result of disaterous leadership from Daniel Levy, which without the injection of in excess of £40 million during the January break, Tottenham would have been relegated. The true cost of funding Daniel Levy's mistakes will be shown over the next few seasons when the cost of acquiring the new players, their wages, costs incurred in sacking & hiring managers & their staff, will hinder Tottenham's progress. In other words Levy's ill conceived plan to break into the top four will cost us dearly. We can already see that we are being told wont be able to sign players without selling & quite frankly we overpaid for many recently players, with the payments spread over the next few seasons. As far as Champions League qualification is concerned we couldnt even cope with a UEFA cup campaign, never mind the implications of the Champions league. In order to break into the top four on a regular basis we need the stadium plans to come to fruition, a top class manager & a far superior playing squad. Its such a shame that we couldnt match the progress of our illustrious neighbours down the road who have in place a superb stadium, manager & team.

- Rob Hotspurs, South London, 25/03/2009 14:53
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Rolan, good point about Spurs richest not getting into the European Cup, so it shows with a new stadium, good team for the next 5-10 years, who knows, getting into the Champions league with a new stadium, who knows!!
We now need some guidance in bringing the rght players and not over paying the odds for players...

- Adrian, london, 25/03/2009 14:21
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Rob Hotspurs (sic), you write as if Levy tried to hide the source of the profit.

Here's what he actually said in the accounts: "After deducting net finance costs of £2.3m (2007: £1.8m), the Club made record pre-tax profits for the six month period of £39.8m (2007: loss of £0.03m) - however, it needs to be noted that the Club did not make the player trading profits in a manner that was planned or welcomed, as they arose, in the main, from the regrettable sale of certain key players."

You can argue that he has made mistakes in terms of his managerial appointments - he either chopped and changed too much or kept faith too long, depending on your point of view - but on the financial side, which is the bit where he can apply his own expertise, the club is doing OK, what with the new training ground in Enfield and the prospect of a new ground at WHL. It's not as if ENIC have been siphoning major amounts of money out of the club - they only restored dividend payments a couple of years back, if memory serves, after suspending them for about 10 years.

What is amazing is that Spurs remain, I believe, the richest club never to have competed in the European Cup. That's a testament to the loyalty/gullibility of the core support more than Levy, but I wonder, does the name Peter Risdale mean anything to you?

- Roland Beurre, Hertford, 25/03/2009 13:18
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Suprise, Suprise. It was obvious that we hadnt made a true profit & that the figures were made to look positive. In reality the leadership from Daniel Levy has been woeful & has cost us dearly financially. We have to take into consideration the cost of the aquisitions in the January window as well the increased wages, the cost of disposing of managers & their staff, as well as hiring Harry & his entourage. The team is still not balanced, so more will need to be spent. However, as stated, we can recoup funds by selling Bent, Bentley, Bale, Dos Santos, Rocha, Gunter etc.

- Rob Hotspurs, South London, 25/03/2009 11:51
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THIS IS FAR ENOUGH SPURS HAVE SPENT ENOUGH MONEY OVER THE YEARS AND I AM SURE HARRY UNDERSTANDS

- J Windsor, LONDON ENGLAND, 25/03/2009 11:00
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