This isn't the first time the club's reputation has been used as a yardstick for failure on a grand scale. In February, Swedish MP Mikael Damberg used the term in a parliamentary speech to criticise his government's economic handling. "I naturally think of Tottenham Hotspur, also known as Spurs, it is one of England's most distinguished and rich clubs with an enormous stadium, dedicated and large supporter base - everything to be considered a top team," he told the Swedish chamber. "Despite this, Tottenham find themselves in crisis. They are fighting at the bottom of the table, just a few points above the relegation zone. Not because they lack resources or benefits, but because they have squandered opportunities.
"The club have been given the name 'Spursy', [which is] when you have opportunities but get no results. Madame Speaker that is precisely how the Minister of Finance is handling the Swedish economy. Sweden has the power, ability and resources. We have the companies, workforce and innovation capabilities. Conditions exist for the Swedish economy to prosper," Damberg told the chamber.