ENIC get away with it because they haven't been as overt as the Glazers. Since they've owned Spurs: - Averaged 47% wage to revenue ratio (the lowest in the PL) which boosts cash generated from operations to then spend on infrastructure. - Of that cash we've generated from operations, only spent 37% of this on transfers (net) - again by far, the lowest in the league. We are the only PL club who has spent more of its own cash on infrastructure than transfers. Arsenal who also built a stadium (and have actually paid it off) have spent 61% over that same 24 years. Average cash spend on transfers for the PL over the last 10 years (excl Spurs) is 138% of the cash they generate. - Lowest average ownership investment of any current PL ownership excl. the Glazers (the Club's own cash spent on infrastructure far outweighs ENIC's own contribution). - ENIC then walk away as a huge beneficiary when they sell with one of the highest ever investment returns in the game, whilst completely leveraging the club (both by stripping its own cash out and leaving it with c. £800m debt). Their priority has always been growing their return with as little on-pitch focus as possible. Change.

Monday night 7.30 We interview a FIFA accredited coach and ask are we improving on the following performance metrics 1901 shirt merch sales Gorrillaz tickets Skywalks in 1 day youtube.com/live/dby4bzQHUVI… via @YouTube

Even the sleepiest are starting to wake up now. Now take it further, and show your support.

Check this out 😃 And if you know your history 🎶🎶 COYS💙

Phantom bids for players we know won't join ✅ Months wasted doing nothing ✅ Allowing ourselves to be usurped by our biggest rivals ✅ If it sounds like a famliar story, it's because it is. Daniel Levy's Great Con rolls on ✍️ worldofhotspur.com/the-great…

🚨 DANIEL LEVY MODE ON FOOTBALL MANAGER 🚨 Has FM become too easy for you? Do you want to manage a "big" club without their riches and seemingly unlimited transfer budgets? Well now you can! Try some of the constraints below, inspired by Daniel Levy ✅ Trigger a player's release clause and agree to a contract, then reject or cancel the transfer at the final confirmation ✅ Wait for a release clause to expire, then attempt to negotiate for the player ✅ Continue to bid below clubs' asking prices in hopes of reaching an agreement ✅Loan unwanted players continuously until you sell them for little to no value near the end of their contract ✅ Make sure the wage budget does not exceed 50% of revenue ✅ Implement a wage cap where new contracts do not exceed the highest earner at the club

Eze, Savinho and Hinchcapie they said.🤣 Must be investment, must be showing ambition, must be moving different.🤣 Levy has alot of this fanbase on strings. Yes signing these would show real ambition, to compete for top titles. Will we? Not a fucking chance in hell. #LevyOut

Interest in a good player ✅ Interest in another good player ✅ talk of major investment ✅ must be the week of a @ChangeForSpurs protest

🧵 THREAD: The ENIC experience - as told by the managers

To give you a sense of how low our wage to revenue ratio is (42% and now likely lower) - the only time a club has been lower than 42% in the last 15 years, they've been relegated or they've been called Tottenham.

Double header for me tonight: @itsTottenham Grumpy Old Spurs - 8pm @spurskingstv - 10pm Please subscribe to both channels on @YouTube and listen in you can.

Grumpy Old Spurs Instant Reaction to @Morgangibbs27 transfer to @SpursOfficial is off! youtu.be/djCeix5eMyU?si=bOb1… @itsTottenham @MATticsandtears @LeonIsaacs @LeonIsaacs

Hopefully things are changing but a short-ish video reflecting on the investment in the playing squad at Spurs under ENIC compared to other big 6 clubs for those interested:

We are live at 9pm Grumpy Old Spurs Special - Hot Shot Tottenham - Spurs In The 80s youtube.com/live/7NzMfTfJASE… via @YouTube @itsTottenham @LeonIsaacs @GarethDace @levynomics1882

Required reading - Enic need to go.

We've got the highest cash reserves in the PL as at last set of accounts - £79m. It's got low by Tottenham standards (not by PL standards) because unlike almost every other PL club, we have owners who don't inject any of their own money and operate a model whereby cash generated from operations supports the football club AND evyerthing else (over £90m has been paid out in cash in the last two years on property, plant and equipment).

Join us at Grump Towers Tuesday night 8pm UK time. We’ll be doing keep or sell of the squad & raise money for the club coffers to be sustainable in the transfer market. Grumpy Old Spurs - Keep or Sell Transfer Talk youtube.com/live/VYO-WlgBG5U… via @YouTube

Delighted to announce that I'll be joining the brilliant Grumpy Old Spurs (Lads, it's Tottenham) podcast as a regular contributor. Please get over to the Youtube page and subscribe. @itsTottenham @DavidMHa71 @MATticsandtears @LeonIsaacs youtube.com/@ladsitstottenha…

RT @lazqetjohnson: A Tottenham account for the intellectual fan. Insights backed by facts and data, not emotions and parroting pundits’ age…

Friday night 8.30pm UK Will we be talking Season 3? Good-bye Ange Or…..Silence… Again Grumpy Old Spurs Manager Latest - Ange In or Out? youtube.com/live/sY2RH571o7w… via @YouTube