Sorry but this is nonsense.
Spurs are a fully integrated Premier side. They have gambled big time on making the top 6 and it's gone wrong. Their expenditure on wages well goes against their income. We're hitting the point where the better run clubs have the advantage. All we have to do is keep being a better run club to take advantage of all the gambled that have gone wrong.
Leicester from Premier champions to League One within 10 years? Just run us within our means and we will benefit.
Oh dear, there's a lot to unpack here.
A high wage bill generally correlates to higher league positions and better, more consistent performance. In the PL in particular, data shows there's a strong relationship between wage-per-minute for top earners and points accumulated.
Spurs have consistently had the lowest wage bill of the top 6 and by a long distance. In fact I think it's top 7 according to their most recent accounts it was lower than Villa's in the most recent set of accounts.
Btw, that's despite being 9th (in the world) in last year's Deloitte money table - that also puts them 4th in the PL in terms of revenue generated.
Also, expenditure on wages categorically doesn't exceed their income if that's what you mean - just rewinding back a bit to 2024, Spurs' wages to revenue ratio was the lowest of the top 20 highest earning clubs in the world at 42%.
They've been fairly handy with transfer fees but that's a weaker correlation and less of a barometer of success, in the short term anyway.
But ultimately, saying they've gambled with top 6 is objectively wrong. Operationally they're entirely set up for a top 6 finish, however their inability to budge on their wage structure until really now, along with successive poor decisions on the field, has caused them to regress - hence why they've only finished in the top 4 once in the past seven years.
It all really starts when they didn't sign a single player in 18/19. Which was explainable due to their financial constraints but still, was a huge risk that backfired.
Their inability to attract top talent to the club because of this and instead continually persist with a transfer strategy that hasn't really worked for years now - i.e. largely signing prospects that might come good in 2-3 seasons rather than proven players ready to be integrated into the Starting XI straight away (with the exception to perhaps Solanke, Kudus and Gallagher) - is why they're now at real risk of relegation.
Leicester isn't a great example. King Power took the club over in 2010. It took probably 10-12 years before real issues started arising which is a fair amount of time and there's so many mitigating factors to that on top of overspending. You'd do well to replicate that shitshow.
