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A bowed figure in a black padded coat, seen from behind, stands over a breakfast table where a row of plates ends with one plate pushed to the last place.
Paper TalkThe High Road Herald

CIES £159m Spurs Ranking Passes Across Breakfast Table Until Fourth Worst Becomes Last, Adding Nothing

Philippa Crane · Media Editor · Reading time: one pint

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Football London reported on Saturday that Tottenham rank fourth-worst of 106 clubs for player appreciation in the CIES Football Observatory study, at -€188m (£159m), and the figure has not changed since.

A study published by the CIES Football Observatory has placed Tottenham Hotspur among the four worst clubs in the world for player appreciation over five years, and the Herald can confirm it was a single finding on its first appearance.

The figure, -€188m (£159m), sits above only Al-Hilal, Manchester United and Al-Nassr in a table of 106 clubs. It was set out by Football London shortly before ten, alongside the league position (19th), the record (three draws, three defeats) and the summer's spending.

By the second website the clubs below Spurs had been described as a handful. By the third, Spurs were near the foot of the global game. The numbers beneath those phrases had not moved.

Fourth worst, they're saying. Fourth worst out of the lot. That's last, basically.

The remark was made by a Tottenham man at a kitchen table at 8:05am, to a person who had just read the same sentence aloud to him from a phone. It is understood that he had already read it himself.

The Herald has examined each version available before lunch. The study's method, which weighs fees paid and received against current estimated values, is reproduced faithfully in all of them. The study's conclusion is reproduced with a fresh crisis in the headline of three.

No outlet contacted anyone at the CIES Football Observatory, the club or the three clubs below Spurs. Several quoted the Football London paragraph in full and then restated it in the first person.

At time of going to press the toast had gone cold, the figure stood at £159m, and the table remained fourth from the bottom.

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