Analysing the Transfer Window

14

I have been considering the transfer window and it was truly a roller coaster ride this summer.

Every fan always hopes that their chairman will back their manager, provide funds for new players and retain their best old players.

In my opinion, the two most comparable examples here have been Tottenham and Liverpool. Both made significant acquisitions, both had a star player courted by Real Madrid.

To start with Liverpool, Brendan Rogers was given the funds to acquire, in no particular order, Luis Alberto, Iago Aspas, Mamadou Sakho, Tiago Ilori, Simon Mignolet, Aly Cissokho and even a loan fee for Victor Moses.

The outlay is alleged to have been approximately £60 million.

In turn they sold, in no particular order, Andy Carroll, Oussama Assaidi, Jay Spearing and Jonjo Shelvey.

The amount of funds recouped here amounting to approximately £26 million.

This means that during the course of the transfer window Liverpool backed Brendan Rogers to the tune of £34 million. That is money they will not see back. It is investment, in the squad, in the ability of the manager.

Liverpool did have a notable opportunity to offset this expenditure through allowing the sale of Luis Suarez.
Arsenal offered £40 million, Real Madrid courted the player and could obviously have afforded £40, 50, 60 million, whatever Liverpool wanted really!

The club themselves could have been forgiven for choosing to cash in. He is clearly not the easiest player to manage. He declared his desire to leave, handed in a transfer request. He also isn’t exactly the model player. Currently suspended for the first 6 games, Liverpool again could have been forgiven for selling him, and in Alberto and Aspas they have already invested in replacements.

But Liverpool did not sell Luis Suarez. They cut their losses and allowed Brendan Rogers to strengthen and retain his best player. Their position remained the same throughout the off-season, Luis Suarez was not for sale. They fulfilled this promise to the players and the fans.

Liverpool currently top the Barclays Premier League table. While I am not suggesting this is related, the knowledge your best player is staying regardless of offers and will be coming back to strengthen you, must be a serious motivator. Also seeing that the club has backed the manager is surely to have a positive effect, morale must be sky high at the Merseyside club.

Now I will consider Tottenham.

AVB was given the funds to acquire seven players, including, in no particular order, Roberto Soldado, Paulinho, Christian Eriksen, Etienne Capoue, Nacer Chadli, Erik Lamela and Vlad Chiriches.

This has been reported to have been for a total of approximately £109 million.

In return they released Steven Caulker, Scott Parker, Tom Huddlestone, Clint Dempsey, Massimo Luongo and of course, Gareth Bale.

These sales provided an approximate recuperation of £108.7 million.

This means that amount of transfer funds invested into the club, without any potential for return, is £300,000.

Or, if you would rather, one weeks salary for new Real Madrid signing Gareth Bale.

And in truth I do not know how to feel about this. Had the sale of Bale always been the plan?

Daniel Levy stated he would not be leaving (similar to how the Liverpool confirmed that Luis Suarez would not be leaving), yet this has proven to be as honourable a promise as one you might expect from a babysitting Jimmy Saville…”Oh of course I won’t touch your kids! Don’t be silly!”

In any event, because I suspect peering further into the murky depths of the Tottenham boards views and contradictions throughout this saga would be a worrying thing, I consider what this amount of £300,000 means.

It means that in comparison to Brendan Rogers who go to invest £34 million and keep his best player, AVB got to invest just £300,000, and lost his.

I wonder how many more additions could have come in had the board finally backed a Spurs manager to the hilt, without their being some disastrously negative counter balance waiting to be imposed on everyone.

No, we wouldn’t have bought all of our players we eventually did buy, but we still effected sales of £24 million as well.

That would have been £54 million to invest while still keeping Gareth Bale.

Of those we did buy we could have retained Soldado (£26 million), Eriksen (£11 million) and Paulinho (£17 million).

Ultimately we will never know what would have been better, but embedding 3 players in a team is significantly easier than embedding 7.
Likewise, your board having the strength to withhold advances from any club (like Liverpool managed to hold off Real Madrid for Luis Suarez!) for your best player, and then the settling effect of knowing who will be at the club next year, cannot fail to have a motivational and team building effect!

I really hope that another years failure to back a manager will not come back to haunt Daniel Levy, and even more, I hope that next time Real Madrid erect a stage to unveil a player still belonging to Spurs, I hope that two minutes before that player signs the contract Daniel is on the phone uttering these immortal words:

“Mr Perez? Daniel Levy. I’ve changed my mind, transfers off. In the future, don’t fuck with us!”

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When finding time away from the cut and thrust of the courtroom and student exams, Glenn is an avid Tottenham Hospur fan, so apologies for any hint of bias appearing within the articles (But then this is a Spurs site, so what do you expect!) He combines an eternal optimism with an intellectually stimulated cynicism when it comes to his beloved Tottenham, and feels that best piece of transfer business in the last few years was selling Jermaine Jenas for ACTUAL money! An actual fee was paid! He still can't believe it!

14 COMMENTS

  1. All well and good, but RM managed to turn Bale's head. How do you keep a player who no longer wants to play for you? like Modric the year before. Would Liverpool keep Suarez to train alone if he had refused to play for them.

  2. I agree to a point but the diffence between suarez and liverpool and us and bale was that Bale made it hard for spurs to keep him he refused to train. When he didnt turn up last tuesday AVB said that it was there decision not to turn up training. So bale and his agent wasnt going to take no for an answer

  3. Don't quite follow your last paragraph….failing to back a manager? Levy spent 147m on 15 players. Ranging from Fryers (free) to Soldado (26m)…. AVB has signed most of his squad. We broke transfer records and upgraded players in various areas of the pitch in that time. Backed to the hilt. Regarding us losing Bale and Modric, do not forget that Modric was here for 5 years, and Bale 6 years. They both became our best players, and wanted new challenges after spending half their top flight careers at Spurs. You cannot blame Levy for allowing players to persue their careers after 100% fulfilling their duties as Spurs players AND netting healthy profits for us in the process… In terms of net spend, people have to realise this: the fee for Bale is obviously overblown. The money coming in is not in proportion to what we spend.

  4. I like this article but you are missing a major investment point. We probably have invested £34m because while we have recouped £108.7m the outgoing players would have been on considerably lower wages than those we have brought in. I dont know the exact amounts but i would imagine thhe outgoing players combined average salary was probably only about £30k per week as Luoungo, Caulker etc wouldnt have been on much so this totals about or £180k per week. However in order to attract the best talent in Lamela, Paulinho, Soldado etc you need to pay good wages and i would hazard a guess that the 7 incoming players probably average a salary of £65k or £455k per week. That is £275K a week more invested than we were before or £71.5m more over 5 years. In addition, i dont think Liverpool's wages would have changed that much as none of their signings are "marquee" but young talent. Aspas only has one season in Spain under his belt. Alberto is also young. Mignolet has come in but the wages of Reina have gone out. Arguably the best paid player would have been Carroll as a 35m signing and they have also saved in his wages. So in my opinion not only have we been shrewed this year in our transfer dealings when i think we HAD to get people in before we get embroiled in the financial commitments of the new stadium build but i think we have also backed AVB to the tune of about £37.5 more than Liverpool have backed Rodgers. No matter which way you look at it either, our signings are much more exciting than Liverpools! Liverpool still lack a truly world class midfield to challenge this year despite their excellent defence and attack options. We lack a replacement for Rose who was horribly exposed v Arsenal and the top teams will continue to target him as our weakness. Behind him we have Naughton who also isnt good enough at the top, top level. We also need Kaboul in over Dawson – i love Dawson, but is he really top 4 class or just excellent depth? If we had got Contrao i would have been very excited indeed about out future prospects. Maybe we'll get him in Jan….

  5. @Irondoris I think you're wrong about the wages. It's only a guess, of course, but I think wages will have stayed much the same. Don't forget we have also removed Gallas and Bentley from the wage bill.

    Outgoing players
    Gallas 60k
    Parker 60k
    Bentley 40k
    Dempsey 40k
    Assu-Ekotto 40k
    Huddlestone 30k
    Caulker 20k
    Livermore 10k
    Luongo 5k
    Carroll 5k
    Total 310k

    Incoming Players
    Soldado 80k
    Lamela 60k
    Paulinho 60k
    Eriksen 50k
    Capoue 30k
    Chiriches 30k
    Total 310k

  6. @Irondoris I think you're wrong about the wages. It's only a guess, of course, but I think wages will have stayed much the same. Don't forget we have also removed Gallas and Bentley from the wage bill.

    Outgoing players
    Gallas 60k
    Parker 60k
    Bentley 40k
    Dempsey 40k
    Assu-Ekotto 40k
    Huddlestone 30k
    Caulker 20k
    Livermore 10k
    Luongo 5k
    Carroll 5k
    Total 310k

    Incoming Players
    Soldado 80k
    Lamela 60k
    Paulinho 60k
    Eriksen 50k
    Capoue 30k
    Chiriches 30k
    Total 310k

  7. If you take into account the sales of past players you'll find that spurs still have 40 million to spend before even breaking even. Even with a surplus of 40 million levy has done extremely well to strengthen the team after losing bale. In term of financial intelligence levy is a genius he has handled the bale money very well bringing in 7 great players and getting rid of the dead wood. And no offence to liverpool but they cant afford to lose spare they have a harder time making world class signings than us and no one offered 86 million for suarez so it makes sense that suarez has not left liverpool and although it would be nice if levy would invest a little more towards spurs he still does a great job so it maken me annoyed when people speaker about him as a stingy owner who does not care about the club. COYS

  8. For a barrister you have exceptionally poor spelling and grammar. You teach your students this way?

    Anyhoo don't agree with anything you have said, sorry…

    "I wonder how many more additions could have come in had the board finally backed a Spurs manager to the hilt, without their being some disastrously negative counter balance waiting to be imposed on everyone."

    Do you want to replace the whole first team? Like Levy hasn't backed him enough already, we've replaced pretty much half of it so far!

  9. @Slim My mistake, I forgot about Chadli, however, his wage is unlikely to be more than 25k. I don't think it changes the point that I was making i.e. that the wage bill will be much the same as it was last season.

  10. @Slim also I've just noticed that I didn't include Bale on the outgoing players list and he must of been on at least 60 to 80k. So it's possible that our wage bill is less than it was last season.

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