H.H.
Player Valuation: £10m
Nobody knows but I've been thinking for a while we may be in trouble?
We have a yearly cost of around £37 million for the stadium loan but In the last two seasons we have announced profits of around £200 million so?????
Project restart discussion.
- Thread starter daza_1973
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Nobody knows but I've been thinking for a while we may be in trouble?
We have a yearly cost of around £37 million for the stadium loan but In the last two seasons we have announced profits of around £200 million so?????
Tory go-karting lollollollollollollollol
mccole
Player Valuation: £35m
Old system
catcherintherye
Player Valuation: £80m
I can't see it mate. There is going to be a cue of industries waiting to be saved, and in all honesty football is not massively well liked, particularly amongst their vote base.
catcherintherye
Player Valuation: £80m
I haven't seen your accounts closely enough mate. A lot will depend when payments are due on the stadium and what terms are associated with it. Breach them, and the deal could be renegotiated in the lenders favour.
I haven't seen your accounts, you say £200m profits last 2 summers?
H.H.
Player Valuation: £10m
I'm not 100% sure on what I'm writing but I think around £200 million over the last two summers?
I know in one of those seasons they announced a world record profit so that cash in the bank should help a lot.
The loan has been split with 3 or so different banks with terms ranging from about 20 years to 29 years, with a guaranteed cost of around £37 million a year for all of them.
Edit. Just had a quick look around. Made a record profit of £113 million one year but around half that the other year. Soim guessing a total of £160 million, not £200 million.
I know in one of those seasons they announced a world record profit so that cash in the bank should help a lot.
The loan has been split with 3 or so different banks with terms ranging from about 20 years to 29 years, with a guaranteed cost of around £37 million a year for all of them.
Edit. Just had a quick look around. Made a record profit of £113 million one year but around half that the other year. Soim guessing a total of £160 million, not £200 million.
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They have great figures compared to us.
Wages to turnover ratio was about 45% while we are about 85%
If people think Spurs are going to struggle and we won't i would like to see their reasoning why.
The binman chronicles
Player Valuation: £80m
No chance is the boss not going to cover the shortfall for at least a couple of years. What would you rather lose £50 million or risk devaluing a club they have just brought up to the top table in world football?
Kane is the easy out here though, get 150 million and that is a lot of capital and future interest slashed from the debt. At the end of the day Kane is just passing through, the stadium is a constant.
Having a right go at the PL here
It’s common knowledge that the Premier League will need 40,000 virus tests to complete 92 games and I’m told that is at a cost of around £4 million. The EFL has over 360 games to complete their games, so that’s £16 million worth of testing, unless the life of an EFL player is not valued the same?
Either way, should Premier League clubs or any of their players for that matter, feel pressured into playing, when essential workers are not getting the same respect even when on the front line, that could well result in the public turning its back on Sky Sports.
So, I’ll watch with a touch of fear for the whole of football, to see if the Premier League and Sky are now only driven by money and decide, if I keep my Sky subscription going. I know that when just one high profile person dies, and it’s traced back to the Premier League restart, that everyone will look for excuses and run for cover.
Just one unnecessary death is one too many, when we already know subconsciously that to play, people are going to be put in danger, when we already know it’s now more about risk to financial reward for the bigger clubs, when we already know it’s about the club’s access to their share of TV money, their share of sponsorship money and for the bigger clubs about their share of all advertising, endorsements and prize money related to UEFA.
I’ll also watch very closely to see if I can learn from the Premier League, it’s safety advisors and see how its money overcomes all of the health and safety aspects that at present, our scientists and government medical authorities don’t seem to be able to solve. Put simply how do they put on a 90-minute full contact game, ignore social distancing and keep the players safe?
Let’s be honest, if you take all the money out of the above equation, it doesn’t become an equation at all and it wouldn’t even be discussed.
It’s common knowledge that the Premier League will need 40,000 virus tests to complete 92 games and I’m told that is at a cost of around £4 million. The EFL has over 360 games to complete their games, so that’s £16 million worth of testing, unless the life of an EFL player is not valued the same?
Either way, should Premier League clubs or any of their players for that matter, feel pressured into playing, when essential workers are not getting the same respect even when on the front line, that could well result in the public turning its back on Sky Sports.
So, I’ll watch with a touch of fear for the whole of football, to see if the Premier League and Sky are now only driven by money and decide, if I keep my Sky subscription going. I know that when just one high profile person dies, and it’s traced back to the Premier League restart, that everyone will look for excuses and run for cover.
Just one unnecessary death is one too many, when we already know subconsciously that to play, people are going to be put in danger, when we already know it’s now more about risk to financial reward for the bigger clubs, when we already know it’s about the club’s access to their share of TV money, their share of sponsorship money and for the bigger clubs about their share of all advertising, endorsements and prize money related to UEFA.
I’ll also watch very closely to see if I can learn from the Premier League, it’s safety advisors and see how its money overcomes all of the health and safety aspects that at present, our scientists and government medical authorities don’t seem to be able to solve. Put simply how do they put on a 90-minute full contact game, ignore social distancing and keep the players safe?
Let’s be honest, if you take all the money out of the above equation, it doesn’t become an equation at all and it wouldn’t even be discussed.
catcherintherye
Player Valuation: £80m
I'll have to go more in detail when I'm a bit less tired. But essentially looking at numbers pre Covid will soon seem a world away. They are almost irrelevant. It's a world where fans go to stadiums, sponsors pay up and Europan TV money is made.
The most important ratio I would look at now is wages. We will probably keep most of the PL tv revenue (whichbis distributed quite equitably) but most other revenues will be far more difficult to claim and certainly maintain at anything approaching pre Covid levels.
Tottenham are in a uniquely bad place, as theyve just launched into a 1bn borrowing exercise, at a time where we are heading into a recession, so thing become worth less. A mitigating factor may be if they have certain targets associated to the loan, they may hit them, and trigger an rise is borrowing cost.
Tldr, clubs who are reliant on european money, gate receipts and sponsors to cover high wage Bill's are in serious trouble. Paradoxically the things that were indicative of a well run business pre Covid 19 are now weaknesses. Recessions are cruel, uneven and often quite bizarre processes that dont work to conventional logic.
We are also in trouble, we were in trouble before this happened. On the face of it, probably one of the least financial secure clubs going before this. However we might not be in the worst 5 or 6 now.
catcherintherye
Player Valuation: £80m
The interesting thing here is what's not said. Ok agents expecting it, but by no means saying they will go along with it. Sounds to me like they expect it, and will resist it.
Footballs an individualistic fairly vile game now. The idea players out themselves at risk of a career threatening, life ending illness is living in dreamworld. They wont even take a 25% pay cut on their multi million pounds oer year contract. They live in a different world.
If you're an agent, you're not going to want your player to risk their value getting an illness, that is likely to have long lasting effects that we may yet be unaware of.
tommye
Player Valuation: £120m
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