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ENIC

Sorry but I just don't think that adds up.

He literally scaled the spending to what we had to spend, the idea he would not have spent more is the idea that literally does not add up.

Levy had sole control of how Spurs spent their money. He had loaded the board with 'yes men' (and women) so that he could be sole decision maker. Joe Lewis was happy with this because, as I said before, his net worth was growing nicely (along with Levy's).

When ownership transferred to Joe Lewis' children the ambition changed. Having an ambition of winning as many trophies as possible probably doesn't tie in very well with an ambition of growing net worth as much as possible. Levy effectively had complete control over how the club spent it's money. Therefore the new owners brought in new people to dilute Levy's power and then ousted him. They now have a CEO who is aligned to their (new) objectives.

The bold part is not true though, he had control over what he was allowed to spend and what the owners and their accountants would allow. I don't really rate Harry Redknapp for his story telling but I know you do, he literally confirmed that the clubs accountants were making financial decisions and suggestions to Levy on what they could do. If you don't think this was further complicated with the stadium debt then I think you are being disingenuous because you are clearly a smart guy. But also equally again, we spent a fortune in money based on the clubs finances increasing, which increased because of Levys work commercially and developing us into a financial powerhouse in PL terms.

I also don't believe the clubs not for sale and I think this spending is as much to do with this being a push to inflate the clubs standing in that respect. I am pretty confident I will be proven right on that within the next 3/5 years.
 
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I like how in the space of a few months "can't judge the new owners for at least 5 years" has been turned on it's head because we appear to have done something positive
 
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