Tottenham is struggling with huge transfer fee debt.
The British Telegraph reported on the 28th (Korea time) that Tottenham faced a situation where they had to sell players in the transfer market this summer despite the fact that they could not violate the revenue and sustainability regulations (PSR) even if they spent more than £200 million (about 384.8 billion won).
The Telegraph said: "'With no significant funding from owner Enic, Tottenham are expected to struggle in the transfer window this summer. This could have serious implications for coach Enze Postecoglou or a new coach. Atletico Madrid target Christian Romero and one other key player may have to be sold to finance the transfer. The club's net transfer debt was 279.3 million pounds (about 537.4 billion won), explaining why Tottenham was in crisis in the transfer market.
The basis of this problem lies with Tottenham owner Enic. When other owners paid their own money to support the club, Tottenham received little money. Compared to the finances supported by other owners, Enic's support was three shots of blood.
However, it is actually not the right direction for the owner to spend his own money and support the club every time. If the owner's support is cut off, the club's sustainability will be greatly shaken. In the end, all clubs have no choice but to live through the direction of self-sustaining. That's why PSR was introduced to the Premier League (EPL).
Many fans misunderstand that Tottenham is saving investment, but it is not just that. Since the 2022-2023 season, Tottenham's total transfer fee so far has reached 566.6 million pounds (about 1.907 trillion won). Few clubs in the EPL have invested more transfer money than Tottenham during this period. In particular, after Postecoglou's appointment, the transfer fee was very high.
The problem is that few players have succeeded. If you look at the list of players who have invested more than 40 million euros (about 65.4 billion won), they include Hishalisson, Christian Romero, Brennan Johnson, James Madison, Mickey van der Penn, Pedro Porro, Dominic Solanke and Archie Gray. Hishalisson, Johnson is close to a failed recruitment. The recruitment effect of Solanke and Gray has yet to be felt significantly.
Most of the players who gave and brought in vaguely failed. Many recruitments that aimed for cost-effectiveness, such as Yves Bissouma, Radu Dragusin, Alejo Belize, and Wilson O'Donbert, failed. With so many players recruited, Tottenham decided to pay the transfer fee in installments. As such, the amount accumulated in the division has reached a point where the amount accumulated in the division is over 500 billion won.
In response, the Telegraph said 'This puts the club and those in charge of improving the squad in a very difficult situation. Especially in line with Tottenham's strictest pay system in Europe. 'The club said it would likely have to sell the player this summer, which is likely to raise questions about the future of several players including Romero, Hishalisson and Yves Bissouma'
Tottenham is financially clean, so there is no problem with spending a lot of money, but there is no money to spend, and it is full of debt to be paid. If a new coach comes, he has to provide financial support again. You have to pay a lot of money to bring in a key player. However, Tottenham does not want high-salary players, so they cannot bring A-class players. In addition, only ambiguous B-class players will be collected.
The results accumulated by the repetition of such a repertoire are now what they are, but Chairman Daniel Levy is not thinking about changing them at all. In the end, it will only be a repetition of the vicious cycle. He is heading to a club that is only financially stable so that it can be seen from the outside. Winning will be harder to expect.
Reporter Kim Dae-sik rlaeotlr2024@sportschosun.com
This article was translated by Naver AI translator.
