David Ginola believes Tottenham need to find more funds to invest in players if they are to compete with the likes of Newcastle United over the long term.
Despite putting together some of their strongest squads since the 1980s over the course of the last decade, the North London club have not been able to make it count in terms of silverware.
Spurs have not won a trophy since their League Cup win back in 2008 and a lot of that failure has been put down to their ownership by some pundits.
Following Newcastle’s takeover by the Saudi-led consortium, many have opined that the Magpies could replace Tottenham in the ‘top six’ over the coming years.
Ginola has now said that despite the infrastructure that Levy and co have invested in, Spurs need to start spending big on players if they are to keep up with the big-hitters in the Premier League.
The former Tottenham and Newcastle winger told Sky Sports (17/10/21 – 15:30 onwards): “I think they (Newcastle) have got in their imagination to build something like Spurs did.
“When Daniel Levy, ENIC and all those people, they build a brand new stadium, which is fantastic.
“The training ground, we spoke about, I mean it’s one of the best in the world. But that doesn’t bring success because Tottenham is still waiting for silverware.
“You look at this new era of Newcastle. You are thinking ‘will it be enough for a club like Spurs, in terms of money, to invest in players?’
“To attract players too, because it’s also vital for a club to be able to attract players. It’s not just about the money.
“But if the players don’t want to come and sign and play for you, then there is no way you have a chance to play with the best players, so for Spurs it’s the opposite.
“They have all the infrastructure to be a great club – it’s important for Spurs to find some more money to compete with the best. I can’t believe I am talking like that.”
Spurs Web Opinion
Tottenham have always been a self-sustaining club. Levy and ENIC have never told us otherwise. So, Joe Lewis is not suddenly going to have a change of heart and spend his personal wealth on the club.
However, what fans will do well to realise is that one of the main reasons for the investment into the stadium is that it would allow us to compete financially with the big boys over the long-term even without an owner willing to provide all the money in the world.
In fact, Levy showed signs of loosening the purse strings after we moved to the stadium but unfortunately, the pandemic happened at the worst possible time for Spurs.
I might be in the minority in this but I would rather see us try to compete with a self-sustaining model rather than see the club sold to a rich benefactor. Any success we enjoy will feel much sweeter if we actually earned it (like Liverpool or Leicester) rather than if it is just bought (like Chelsea or City).
Have something to tell us about this article?