We’re joined by Anatole Pang in Hong Kong to talk through why this Spurs mess feels so much scarier than the 90s. We get into the “oil tanker” problem, the Levy exit and the vacuum it’s left, and why it’s suddenly hard to even work out who’s responsible for what. Then we dig into Romero speaking out, the director of football muddle, and why Spurs recruitment keeps feeling reactive. Finally, we look at takeover rumours, the kind of “tycoons” circling, and the grim question of whether relegation might actually make Spurs more attractive to buy.

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