"Something is wrong" Romero pointed out the Tottenham problem, and there is nothing wrong. Last place in EPL for Squad Cost relative to Sales
Dec 12, 2024
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Tottenham Hotspur deputy manager Christian Romero unusually criticized the club's management policy after losing the 15th round of the English Premier League (EPL) 3-4 against Chelsea in the 2024-2025 season on the 9th (Korea time). Ultimately, it can be seen as a shot at Chairman Daniel Levy's 'Jaedori operation'.
At the time, Romero said "Manchester City compete for the championship every year, and Liverpool have seen them strengthen their squad. Chelsea also didn't do well immediately after stepping up their squad, but now they're producing results"This is exactly what we need to keep up with. (Tottenham) must realize that something is going wrong. It's always been the same over the past few years. Players have changed and coaching staff have changed. Only the same people are always responsible. We have to realize who is really responsible."
As many as six coaches and acting coaches have taken the helm of Tottenham for five years since Mauricio Pochettino was replaced in November 2019. It is currently led by coach Enze Postecoglou for the seventh time. However, the team's performance did not improve at all.
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Romero is looking for the fundamental reason for this sluggishness in the inefficient management of the club, not the manager. The club is properly turning a blind eye to investment to strengthen the team.
However, statistics revealed that Romero's point was accurate. Tottenham ranked last among EPL clubs in terms of team management cost compared to sales. On the other hand, Chairman Levi recorded the highest income among EPL club representatives.
British media TBR Football reported on the 12th that `How much money did Chairman Levi pay himself after being shot by Romero?'
Since moving to its new home stadium, Tottenham Hotspur Stadium, in 2019, Tottenham has been making almost three times as profitable as before. However, it turned out that this profit did not go into the cost of strengthening the squad. Of course, they couldn't compete for the championship.
In response, Chairman Levi and ENIC Group, which control most of Tottenham's shares and voting rights, may argue that the poor performance is not due to a lack of investment. However, the situation in the accounting books shows that investment is significantly less than that of competitors.
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However, the gap between revenue and team costs has widened. Tottenham's squad cost was the lowest of the so-called 'Big 6' clubs. In particular, the cost of squads relative to sales is the lowest in the EPL as a whole. This is a very unusual figure. Tottenham spent 66% of their profits on team expenses and other expenses, the lowest among EPL clubs.
Brentford and Brighton, the next fewest after Tottenham, also spent a whopping 78%. Arsenal were 80 per cent. It's a gap Tottenham can never keep up with.
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Levi has received a whopping 51 million pounds (about 93.2 billion won) since ENIC Group took over Tottenham in 2001 and was appointed chairman of the medical association. This is the amount that includes salary and bonuses. In the 2018-2019 season, he received an annual salary of 7 million pounds (about 12.8 billion won).
This amount far exceeds that of other EPL team representatives. Manchester United representatives (David Gill-Ed Woodward), estimated to be second in the same period (2001-2024), are estimated to have earned £41 million. In the end, Levi saved money in strengthening the squad and pointed out huge wages for himself. Here's why Tottenham is sluggish.
wman@sportschosun.com
