"According to Sky Sports' Kaveh Solhekol (via TBR Football), Tottenham are set to receive a significant financial boost via the Lewis family, who control a significant 70.12% stake in the club through their ENIC Group. A lot of Tottenham fans complain about the fact that they don't spend as much money on players as their rivals or pay the kind of wages their rivals pay, now that could be set to change because Tottenham's majority holders, The Lewis Family, could be ready to put more money into the club."
"How would that extra money be spent? Well, that would be up to the new leadership team at Tottenham because they have been told what you need to do is deliver more success on the pitch. If they decide that the best way to use that money is to pay more wages, because at the moment, Tottenham's wages to turnover ratio is the lowest in the Premier League, 42%."
Daniel Levy departed as Tottenham chairman, creating potential shifts in club leadership. The Lewis family, controlling 70.12% via ENIC, are reportedly prepared to provide a significant financial injection. Tottenham have historically spent less than other big six clubs and maintain the Premier League's lowest wages-to-turnover ratio at 42%. The new leadership will decide whether to allocate additional funds to higher player wages, increased transfer spending, or other areas aimed at improving on-field results. Owners have been advised that investment should produce greater success on the pitch. Uncertainty remains over whether the funds will arrive and whether they will close the gap to rivals.
Read at www.caughtoffside.com
Unable to calculate read time
Collection
[
|
...
]