 | As part of an ongoing dialogue with Spurs, the THST Board recently sent four questions to the THFC Board which we, a number of Trust members and a proportion of Spurs fans generally, feel need to be answered. |
The questions were:
1) Will the Club share their medium and long-term strategy for success, both on and off the pitch? How are you measuring progress and how do you judge current outcomes?
2) We have a manager who has not signed a new contract and tells us that we should lower our expectations about on-field outcomes. Furthermore, he appears to be unsupportive of some recent transfers and he tells us that the Club needs to spend big money every window just to compete. How does this align with the Board’s philosophy for achieving success?
3) Are you satisfied with the performance of the youth teams and the development and supply of younger players through to the first team?
4) Does the Club have a plan for further investment to ensure that they remain competitive on the pitch? Are we closer to securing a naming rights provider? And are we expecting further investment from ENIC, or other potential investors or buyers?
The Club has committed to provide a response in the coming weeks. The Club says it is ‘very keen’ to address the issues raised but, for commercial reasons, will not be able to do this during the transfer window. In the meantime, the Club’s financial results will be released in February, and there will be a statement from Fabio Paratici on the completion of the transfer window. The Club will respond “in full’ to our questions at that point.
We welcome the Club’s commitment to provide the Trust with full answers to these key questions, although would have preferred an immediate response. We will scrutinise the answers, along with the financial results and the report from Fabio Paratici, and will seek answers to any further questions that may arise. We will, of course, share the Club’s full responses to our questions and our analysis of the responses and reports with Trust members and the wider fan base as soon as is possible at that time.
THST Board
10 January, 2023
1) Will the Club share their medium and long-term strategy for success, both on and off the pitch? How are you measuring progress and how do you judge current outcomes?
2) We have a manager who has not signed a new contract and tells us that we should lower our expectations about on-field outcomes. Furthermore, he appears to be unsupportive of some recent transfers and he tells us that the Club needs to spend big money every window just to compete. How does this align with the Board’s philosophy for achieving success?
3) Are you satisfied with the performance of the youth teams and the development and supply of younger players through to the first team?
4) Does the Club have a plan for further investment to ensure that they remain competitive on the pitch? Are we closer to securing a naming rights provider? And are we expecting further investment from ENIC, or other potential investors or buyers?
The Club has committed to provide a response in the coming weeks. The Club says it is ‘very keen’ to address the issues raised but, for commercial reasons, will not be able to do this during the transfer window. In the meantime, the Club’s financial results will be released in February, and there will be a statement from Fabio Paratici on the completion of the transfer window. The Club will respond “in full’ to our questions at that point.
We welcome the Club’s commitment to provide the Trust with full answers to these key questions, although would have preferred an immediate response. We will scrutinise the answers, along with the financial results and the report from Fabio Paratici, and will seek answers to any further questions that may arise. We will, of course, share the Club’s full responses to our questions and our analysis of the responses and reports with Trust members and the wider fan base as soon as is possible at that time.
THST Board
10 January, 2023
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