This article argues that there is a tension between the pursuit of financial stability by Tottenham Hotspur and real success on the pitch. In many ways Spurs are a very well-run club, certainly compared with some of their competitors. There is no rich benefactor; long-term debts are modest; profits are healthy; and plans for a renewed stadium are well advanced. But are they too risk averse?
This article argues that there is a tension between the pursuit of financial stability by Tottenham Hotspur and real success on the pitch. In many ways Spurs are a very well-run club, certainly compared with some of their competitors. There is no rich benefactor; long-term debts are modest; profits are healthy; and plans for a renewed stadium are well advanced. But are they too risk averse?
The article does point out that in the longer run the application of the Uefa fair play rules may curb the spending of some of their rivals to their advantage. It could be clubs like Spurs who will turn out to be the real beneficiaries of these rules.