Daniel Levy "What I’d say to them is that every single penny that goes into this club, whatever the revenue source is, whether that is purely football or whether that is third party events like conferences or concerts, it’s all going back into the team." Here's my ANALYSIS. 🧵.

Expect to see more of this across Europe as they look to close the gap on PL revenues…and then ultimately (I hope not), don’t be shocked if the PL follows suit.

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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.

I'm not worried. Daniel told me he wants to win the PL and CL.

Legend.

Feels a good time to remind fans that c. £556m of cash that THFC has generated from its own operations has been used towards infrastructure in the last 10 years, including £125m in the last three years. This compares to a *cash* net spend on player purchases of only £405m.

RT @spurskingstv: 🚨🚨live now with @levynomics1882 🚨🚨Ashmatic Analysis -The Post-Son Era: What Levy Said, Maddison's Brutal B. https://t.c….

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

Catch me on here at 8pm tonight 👍.

RT @LastWordOnSpurs: 🔎𝐋𝐄𝐕𝐘 𝐈𝐍𝐓𝐄𝐑𝐕𝐈𝐄𝐖!. 🎤@RickySacks, @Billie_T, @Levynomics1882 🔛 @LastWordOnSpurs. 🟡@ChangeForSpurs Protests.✍️Player Tran….

Looking forward to this tonight - listen in if you can 👍.

Very little of note in this other than spending loads of time talking about football regulation generally (as Neville is so focussed on it) and talking about the stadium. Little to no challenge on the reasons why fans are protesting etc. A nothing burger.

Just outrageous 😂 On the same day that Forest officially sell Turner to Lyon (which Lyon tried to cancel post Textor resigning but couldn’t). This Textor/Marinakis relationship just absolutely stinks (and there’s so many other examples).

This is a power play by Liverpool. They can now distance themselves whilst Isak puts more pressure on. He’s out of the protected period and so could go really nuclear with Article 17 if he wanted to. It won’t come to that but expect LFC to come back in later.

Interesting hire… she was involved with Nick Candy’s bid to buy Chelsea.

Crazy wages for Osimhen at Galatasaray. Obviously there's lower tax in Turkey, but this would be the equivalent of a PL club paying c. £500k a week for his wages and then a further c. £80k a week for the image rights. This is for a club that has less revenue than Wolves. .

RT @itsTottenham: Right back from holiday,jet lagged and pissed off from work! Perfect conditions for a chat all things Spurs 👊.@DavidMHa71….

Give this a listen tonight if you can 👍.

Let’s be honest, it doesn’t really matter if it’s Vinai as CEO or Levy as Executive Chairman who are making decisions, because it’s always been ENIC and the ENIC model actually running the football club. I never subscribed to this point scoring over every individual decision made.