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Gary Neville, Jermain Defoe and Jamie Redknapp discuss the problems with the ENIC group, Tottenham Hotspur's owners consisting of chairman Daniel Levy and Joe Lewis, amid protest and unrest around the football club.

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00:00Well yeah of course they've got a point and I think that the rumours are that Tottenham
00:03are looking behind the scenes. It's not a public sale like when Manchester United went
00:07out there and said we're having a strategic review of our options and we're looking to
00:10bring investment in. They've not said that but the rumour mill around is that Tottenham
00:14are looking potentially for people to come and buy this club. Now it'll be a big price
00:18but it would be the right time probably in some ways because I think what he's done here
00:21in building this stadium, getting the training ground right, the problem with him is he's
00:25not been able to leave the football side or detach the football side from himself so that
00:29ultimately he just runs the business side because he's obviously very good at that.
00:33He runs a pretty tight ship and that's what you want at a football club. It's easier at
00:37a football club to get people who say yes, who get emotional about spending money. He's
00:40got to look after Tottenham in the long term future but he's also got to bring in experts
00:45in the football department and he always seems to obviously interfere in that and sort of
00:48be oppressive in the way in which he deals with that side of it and that's a big problem
00:52because a football club is a football club and it's all about first team performance.
00:55So the stadium's great, the training ground's great, that's what he can do. He can bring
01:00commercial revenue, make sure the NFL here, make sure Beyonce's here as Jamie said before
01:04the game.
01:05Jamie's someone looking forward to it.
01:06Yeah, there's loads of money coming into the club.
01:07You're not getting a ticket.
01:08He's protected the long term future of the club from a point of view of revenue and things
01:14like that which are really important but they can't let go. It's a little bit like United
01:18when sort of David Gillans or Alex Ferguson left. The guys who were running the commercial
01:22side who were doing a great job come into the football side and think they can play
01:24football manager and they can't. It's a completely different skill set.
01:28Yeah, the two sides of the argument are that financially Spurs are doing incredibly well.
01:33They've got this stunning stadium, the training facilities have been improved. They would
01:38argue that they are also spending on bringing in players and yet the fans' point of view
01:44is well why are we not seeing that on the pitch? If you're making this much money for
01:49the club and for your organisation then why are we not seeing this reflected on the pitch?
01:56I think it's the decision making as well. On that banner there would it say 16 managers
02:01in 24 years, something like that. There's been too much change in terms of that perspective
02:06and every manager, Gary made a really good point when the managers leave. Conte is second
02:12in his league, Nuno Espirito Santo is third in the Premier League after really getting
02:16outed and certainly getting embarrassed while he was here. Conte is top of the Italian league.
02:20That in itself tells you everything. It can't keep being the manager's fault. I've said
02:25the same things now Kelly about Daniel Levy and Tottenham for the last 15 years or so.
02:31I've always felt the same things. There are aspects of it that he has, of course he's
02:35done a great job, look at this stadium etc. But Gary's right, I think sometimes you've
02:39got to leave the football decisions to people that understand those decisions and making
02:43sure that when you're bringing players in, they're going to make your team better. I
02:46think that's where they've gone a little bit wrong and they've fallen behind. What happens
02:51with Daniel as well, as soon as he comes under pressure, which he is now, the first thing
02:54he wants to do is fire the manager because then that takes the pressure off him again.
02:58That can't keep having that firing culture because it's just not going to bring success.
03:01Which they haven't got at the moment because before today's game Spurs were in 15th, they
03:06had been on a really poor run of form and they've stuck with...
03:09And I think we've only got a cup final. I think after last time when he sacked, whatever
03:14we think about Jose, the greatest cup winner of all time was sacked before a final. That
03:18was absolutely crazy when you think about it and they put Ryan Mason in charge. I think
03:23this time they probably think, look they can ram it all down our throats and I include
03:27the chairman, the manager, all the criticism. Jamie Carragher said a few weeks ago I was
03:31there, he said Tottenham, they don't win a game, they don't win anything. When do they
03:34ever win a big game? Why can't they use that as their fuel to all of us and go and win
03:39something this year and then all of a sudden everyone will just go, fair enough, what a
03:42great job. As Jamie said and I think you were about to allude to there Gary, is that the
03:47fact that the managers who've gone previously have been much higher in the table than Aj
03:53Postakoglu is at this stage, whereas Postakoglu before today's game, I think only Juan de
04:00Ramos had a lower points total over his previous 12 games. So it was a very poor run of form
04:07with the mitigating circumstances that we've all discussed, but Tottenham have pulled the
04:11trigger more quickly in previous seasons. They have a model here which actually to be
04:16fair most football clubs in the country should be run by and I include my own in that in
04:20terms of, I saw a graphic before that we had, I don't know if we can show it, that said
04:23that Tottenham's wage bill to their revenue was 42% and all the other clubs in I think...
04:28We don't need to see it, you've just mentioned it, it's 42% of their revenue. I know but
04:32it's important to see it against the rest of the league in terms of, it's important
04:35to see it against the rest of the league. So this I think is a really important graphic
04:38and table. So Daniel Levy will be sat in his boardroom saying, I run my football club properly
04:45because my wages are in line with what my revenue is, which is how a business should
04:49be successfully run. The problem is with football, we've got this model which is essentially
04:54broken, the championships bust, the rest of League 1 and League 2 are struggling, owners
04:58have to put pump money in every single year to do it and he's trying to run his football
05:01club like a proper business. However, the rest of football are spending 50, 60, 70,
05:0680% of their revenues on wages which means that they invest more at times. They have
05:10invested a lot here but he is actually running the business very well and I said probably
05:14seven or eight years ago, he's the best operator of a football club in the game in terms of
05:20the business side of it and he is and that 42% there demonstrates that because it means
05:24it's keeping his club sustainable. However, the problem he's got is that he's not able
05:28to create a successful football project and that's all the fans care about and he handles
05:33that side badly so he's got to make, he's never been able to detach the business side
05:37from the football side and connect them together in a way which other people can solve. He
05:41should step away from the football side. So what does that mean then because he clearly
05:45is sanctioning the spend on players and Tottenham have spent money, they're the third top net
05:52spender since 2019. So are you talking about who they're spending the money on? You talk
05:58about recruitment because I'm sure if you spoke to the chairman he'd be like well, I've
06:02mentioned before about best in class, you mentioned the training ground is unbelievable,
06:06the academy coaches, you've got top academy coaches, you've got the stadium, you see the
06:11net spend here. So he'd probably be thinking, well I've given you everything, I've tried
06:18to get the top managers, Mourinhos, Acontes, winners to try and get over the line and the
06:23potch came close, you know, Champions League final. So I can imagine, I mean he would be
06:28hurt today seeing that. The chairman, he comes here with his family, his wife and his dad
06:32comes to the game sometimes. I can imagine of course, I know at that level you have to
06:36be thick skinned but he's human at the end of the day, he'll be hurt by that because
06:39he's probably looking at it thinking I've given so much. Of course the fans want to
06:42see more, this is a big football club. Last time I went on the trophy was 2008, it's a
06:48long time but at the same time I do believe if you spoke to him he'll be hurt because
06:53of what he's actually put into the club. What he hasn't got right obviously, it's obvious
06:57to say because there's evidence there now over 10, 15 years, is he's not built the right
07:01culture and winning mentality throughout the football club. So he can obviously run a business,
07:05he's obviously extremely talented and intelligent. So there's the winning mentality on that side
07:10of things but what does that mean? Jamie knows a lot more than I do about what it's like
07:16to work with Daniel Levy but I can only hear of what it's like to deal with him in terms
07:20of transfers where people talk about it. It's quite challenging to deal with him and if
07:25you're creating a culture and maybe it's a little bit oppressive, a little bit suffocating
07:29for managers and making it a little bit difficult for them, he's throwing money. The Glazers
07:33have been saying, we've thrown loads of money at it, where's the trophies? It's not just
07:37about throwing money at something and expecting them to give you trophies. So that comes back
07:40to Jermaine's question, is it recruitment then? You've got to create an environment
07:45for success which means employing the right people, putting the right people in the jobs
07:48on the football side. He's sacked a lot of sporting directors by the way. He's got that
07:53control mentality that's quite oppressive and suffocating for people underneath him
07:57where they don't feel like they can thrive. Then that is your problem. So yeah, we can
08:01say that he's a great businessman from a point of view of what he's achieved on the sustainability
08:05side, the stadium and the training ground but he's not achieved it through a mentality.
08:10He's not developed a winning mentality in this business and in this football club which
08:13is really important. So from that side, he's failed. When you take first team performance
08:18away from the heart of a football club, you basically need to leave a football club. It's
08:23the most important thing, first team performance. I think he thinks putting money at it, he'll
08:28point towards that graph and say look what I've done. But the reality of it is he's got
08:31to create an environment for success and Tottenham haven't had that under him. Does that come
08:35from the players as well? So you're playing the Man Utd team that dominated Tottenham?
08:38I think it's maybe the slight problem as well, Jermaine. When I look at the players that
08:42they buy, good players, but a lot of them are hoping they're going to be stars. There's
08:48a lot of players that have become stars. I look at Kulicheski and Bentancur, two players
08:51that they bought in for relatively cheap money and they've become worth a lot more than what
08:55they are now. If you look at Solanke, they paid £65 million but you're not guaranteed
09:00is he going to be a star, you don't know. Whenever they're in for a really big name
09:04player, do I think that Tottenham are going to be the team that are going to get him?
09:08Are they going to go all out and maybe spend the big wages to get the names in here? And
09:13that's what I think is a turning point for the club. I just want to let everybody know
09:15that announcement was that the bars are closing in 30 minutes. So if you want to carry this
09:19conversation on in the bar, you've got 30 minutes in which to do it. But we'll probably
09:23still be on here. At other clubs, City, United, you always felt you could get a player off
09:28Tottenham. Whereas actually he's never created a position whereby, I think at this club now
09:32with this stadium and the revenues that they have, whereby when you're at Tottenham you
09:36feel like you need to stay. Where Manchester City over the last 10-12 years, in the Abu
09:40Dhabi ownership, they've created a culture whereby players want to stay because they're
09:43winning. Now that needs to be created here because Tottenham's a bigger club than Manchester
09:48City, let's be really clear. That's not controversial by the way. When Manchester City were taken
09:53over... Well you say that... I'd say it's quite controversial. When Manchester City
09:58were taken over by Abu Dhabi 15 years ago, Tottenham were a far bigger football club.
10:02So the idea that Tottenham historically have not been a bigger football club than Manchester
10:05City, absolutely they are. Now City now, where they currently are, are right at the top of
10:10the game because they've invested in an amazing football project. They've done it brilliantly
10:13on and off the pitch. Daniel Levy's done it brilliantly off the pitch, he's not done it
10:17brilliantly on the pitch and that's why he's behind Manchester City. But Tottenham as a
10:20historic football club is bigger than Manchester City, that's not a criticism of City. City
10:23have done incredibly well. They're an amazing football club now in terms of their wins and
10:27everything like that but Tottenham historically are a bigger club, let's be clear. Harry Kane
10:31was a great example last year. He was a stadium, you thought he could stay here, win things.
10:37He needed to leave because he knows the culture here, he's not going to win anything while
10:40he's here and that tells you everything. He's one of their own but Daniel felt probably
10:44you know what, we'll get the right money for him, it's maybe good business. But Bale left,
10:49Modric left, there's a lot of players left. But Harry was one, I felt this last few years
10:55and I love Son, what he's done over the last few years. It's been incredible for this club
11:00but even he looks a little bit frustrated right now because he thinks, am I going to
11:04win anything? But as I said, he might do and that is a great opportunity because that's
11:08the beauty of football. They have one opportunity now, I mean I still think they're going to
11:11have a decent end to the season but if they win something they can ram it down all of
11:14our throats. And not just win something, they could win the Europa League. And we'd love
11:18to see it, I mean Gus spoke before about Tottenham, love watching Tottenham play and what Ajax
11:22brought and how they play. We'd love to see it. If United don't win the Europa League
11:27because they're still in it, I would love Tottenham to win the Europa League.

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