Tottenham News: Maguire - Spurs overachieving because of academy

By Kieran Maguire

14th Jan, 2021 | 7:00pm

'Huge Boost' - Exclusive: Finance Guru reveals £574m Tottenham news

One of the reasons Tottenham overachieve so much is because of the “huge” financial boost their academy gives them — their current squad cost £574million less than Manchester City’s.

That is according to football finance expert and new Football Insider columnist Kieran Maguire, speaking exclusively to correspondent Adam Williams in a week when academies have been at the forefront of football conversation.

Derby County and Aston Villa were forced to field youth sides in the FA Cup after COVID-19 swept through their respective camps.

Tottenham have been one of the more successful clubs in recent years in using their youth academy to populate their first-team, which in turn has kept their transfer spend well below other members of the so-called ‘Big Six,’ according to Maguire.

He told Football Insider: “In terms of cost of squads, Manchester City have spent £906m on theirs, Chelsea £870m, Manchester United £851m, and then you drop down to Spurs who have spent £332m.

“So how are Spurs competing? Their squad is just over a third of the value of some of their competitors. It’s because they’ve been successful in bringing players through. Harry Kane is the preeminent example but they’ve had others as well.

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“And being cynical, those players are more likely to sign retention contracts with the club and they’re more likely to settle for a salary slightly lower than they might find elsewhere.

“So if Harry Kane is on £200,000 a week and if Manchester United offer £300,000, he might say ‘Well, I’ve been a Spurs fan all my life and I’ve got a relationship with the club’.

“It’s clear from the way he talks very eloquently and passionately about his affection for the club. So he might say ‘I’m willing to forgo a little bit of money because I’ve been here since I was a kid.’

“That’s an advantage financially because it helps to increase the loyalty between player and club if they’ve been there a long time.

“That can give you a huge boost.”

Harry Winks is another notable Tottenham academy graduate who has become an established presence in the Spurs first-team.

Japhet Tanganga, Cameron Carter-Vickers and Troy Parott have all made the step up to senior football in recent years too.

In other news, a top pundit and former Spurs player has said that a Tottenham youngster is not far off being an elite Premier League player.