Tottenham chairman Daniel Levy has been savaged by football finance expert Kevin Maguire despite being told he has the best-run club in the Premier League. Levy is coming under intensifying pressure from Spurs fans with the club lying 13th in the table after last night’s home defeat to Manchester City.
Manager Ange Postecoglou has also come under fire, with the last-16 Europa League tie with AZ Alkmaar now seemingly pivotal to salvage his side’s season.
With the club already out of this season’s FA Cup, failure in Europe will continue the club’s agonising wait for more silverware.
Spurs have not lifted a trophy since 2008 when Juande Ramos presided over a League Cup final win over Chelsea. However, Levy’s tenure has overseen the move from White Hart Lane into the Tottenham Hotspur Stadium, widely considered the best venue in the Premier League.
It’s been used for considerably more than football, though, staging NFL games, the 2024 European Cup rugby final, and a string of high-profile concerts. But despite the extra revenue, Levy has been consistently accused of being reluctant to spend money on elite players.
Maguire appeared to embrace that notion when he appeared on Rio Ferdinand Presents, alongside the former England defender and Joel Beya. and he didn’t hesitate to answer when asked who had the best-run club in the Premier League era.
“Spurs,” he replied. “They are the most profitable club in the history of the Premier League by far. The best stadium with the lowest wages compared to the money coming in.”
Ferdinand initially looked surprised by the answer. However, the author of The Price of Football then brutally suggested there was another reason why Spurs were able to balance their books so well.
“As a business, you know if I take off my football hat and put on my business hat, it’s absolutely perfect,” he said. “And also, they don’t have to pay any bonuses for winning trophies…”
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“Oh my gosh, shots have been fired,” said Ferdinand, interrupting his guest. Unsurprisingly, Arsenal fan Beya was delighted by the jibe, shouting: “It’s true, it’s true,” in the background.
Last summer, Postecoglou vowed to win something in his second season in charge, having done so at many of his previous clubs. He did lead his side into the League Cup semi-finals, but after winning the first leg 1-0, they were taken apart 4-0 by Liverpool in the second game.