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| Gareth Bale is likely to be linked with a big money move away from Spurs this summer |
With Spurs finishing fourth, Chelsea were given priority to
enter the competition ahead of the North London side and, after 2005 and UEFA’s
rule change following Everton’s fourth place finish coupled with Liverpool’s
dramatic win over AC Milan in the final of the tournament, it is now impossible
for Harry Redknapp’s side to take place in next years’ competition, meaning a
second successive season in the Europa League.
Without Champions League football available at White Hart Lane next season, the ramifications are set to be massive. From player’s wanting to leave in order to play in Europe’s elite competition to the financial implications, this summer is set to be one of the longest and most difficult in recent memory for Tottenham Hotspur.
No Champions League
football = Fault of Spurs
Spurs fans can blame Arjen Robben for missing his penalty in
the final, Lionel Messi for failing to score from the spot at the Camp Nou in
the semi final or Bastian Schweinsteiger and Ivica Olic for missing their
respective penalties in the shoot-out all they like. But the fact of the matter
is, missing out on Champions League football is their own fault.
Back in February, Spurs held a 12-point gap over fourth
placed Arsenal before, ultimately, capitulating and sacrificing the
stranglehold they held over third place. In the end the race for third place
went to the last game of the season and after the Gunners 3-2 win over West
Bromwich Albion, irregardless of the Lilywhites 2-0 win over Fulham, saw the
former retain their spot in the Champions League next season.
However, that run between February and the end of April wasn’t
the fault of anyone but manager Redknapp and the player’s. They are the ones
that were charged with achieving a top four finish and whilst they managed to
secure fourth on the final day of the season, it could easily have been a
higher position in the Premier League had Spurs not had the disasterous run.
Yes, Bayern Munich were the better of the two teams, as were
Barcelona in the semi-final, but, the most important game of the season should
involve Tottenham Hotspur, not their London rivals or the second best team in
Germany. Spurs should have had Champions League football wrapped up weeks ago,
not relying on the Bundesliga side to overcome the Blues at the Allianz Arena.
Transfers
With that Drogba penalty on Saturday night, Spurs’ transfers
targets shifted very, very quickly. Marseille front-man Loic Remy was reported
as wanting to see if Champions League football would be played at White Hart
Lane next season before making a decision on his future. However, with Europa
League football all the North Londoners can offer, any move for the Frenchman
now appears highly unlikely.
Ajax captain Jan Vertonghen, last week, claimed he wants to
join the club regardless of whether Spurs reach the Champions League or not,
and with personal terms reportedly agreed between the club and player, all that
is needed is for a fee, believed to be around €15m, to be settled with the two
clubs.
Yet, when it comes to attracting top class talent, the lack
of attraction drawn to performing in Europe’s top competition will begin to
show as the summer drags on. And it isn’t just bringing players in that will be
affected; holding on to the star performers will prove an equally, if not
greater, task.
The likes of Luka Modric and Gareth Bale will both be
heavily linked with big money moves to a number of Europe’s heavyweights. The
latter, in particular, came close to leaving the club last summer, seeing a
transfer request that would aid in securing a move to Chelsea turned down
before chairman Daniel Levy rejected three bids from the Blues for the
Croatian.
The same player in question is likely to want a move away
from the club this summer having stalled on signing a new £100k-a-week contract
in recent months, with the schemer opting to wait to see the outcome of the
season before putting pen to paper. However, with no Champions League football
on offer next season, it is highly unlikely that a new deal will be signed and,
if Modric’s body language in the second half of the season is anything to go
by, his head is no longer focused on Spurs, but rather on the move to the next
big club to come calling.
Bale is another whose future is likely to be ravaged with
speculation, with many teams already linked with his signature. The Welshman has
become one of the prized trio at White Hart Lane, with Modric and Rafael Van
der Vaart, and with four games still to go of the season, insinuated that he
would be looking to leave the club should they fail to reach the Champions
League.
Now that the inevitable has happened, chances are the
vultures are likely to start circling their prey. Prior to the last game of the
season, Levy stated that none of the big name player’s would leave the club
this summer, and reports today suggest that the club have sent a letter, I’m
hoping strongly worded and in blood red to show Spurs really mean it, to all
those enquiring about Bale that he isn’t for sale.
Then again, every player has his price and if the player
wants to leave, it may be hard for Spurs to reject any bid for the duo, especially
if it is a record breaking offer from the likes of Barcelona or Real Madrid.
Financial
implications
Last summer, Spurs only made a net profit due to the
deadline day sales of Peter Crouch and Wilson Palacios. The income from TV
revenue from Champions League heavily contributed to this, while the lack of
spending on new player’s (the club have spent just £16m since they fourth place
finish in 2010 on signings) have helped the club stay out of the red.
Reaching the competition again was vital to the finances of
the club, with no club making a profit from the Europa League unless they reach
the final. With the Northumberland Development Project now beginning to pick up
steam, the boost in income could have gone a long way to speeding up the plans
to improve the surrounding area.
Furthermore, the wage structure is unlikely to increase as a
result of the lack of Champions League football. As many know, Spurs have one
of the tightest wages budgets in England, meaning the club can’t throw money at
players in a vain hope that they would join, like Manchester City did after the
2009/10 season.
Now, without the increased income, a net profit is looking
less likely than it did last season, despite Spurs appearing on TV more than
any other team in the Premiership last season. With it, looking to tie down a
number of the key performers on extended contracts is unlikely to occur due to
the small financial wind fall that would have come with Champions League
qualification.
Ben McAleer
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