In all fairness Power is a good lad and takes a ribbing well and is one of the Spuds better posters along with Bald Archie and RCL. the rest can **** off the imbred ****s.
If it was that popular Sky would be pushing it and we would have a watchable league in the UK. I honestly couldn't name any teams, it's all spandex, cod pieces shoulder pads and helmets with about 60 people on each team . Makes cricket look rational .
Be interesting to see if they allow beer in view of the pitch. Could start a few arguments if they do.
Well it seems to sell out whenever it comes here, so I guess there must be a market for it. I don't get it either, but each to their own I suppose.
It is but there seems to be an interest in it, I mean, if there was no interest in it then it wouldn't sell out. The money men at football clubs seem to think it's a good earner too.
Gonna file this one under the bracket of wishful thinking. It took Chelsea and City year on year spending top dollar on transfers and wages and nearly £1bn each on the squad for them to be champions.
WHL was too small for you to grow, so I can see why you’ve built a new stadium. I think the timing might not be favourable to you though, as your ability to keep this squad together and add top quality to it is going to be difficult whilst you try and balance the books over the next decade. As I say, either that or Lewis and Levy will sell up, make their profit and hand the remains over to a foreign investor.
It’s actually quite a good watch once you’ve worked out what is going on. Heavily rationed to make it scarce and pricy. I reckon a London franchise would be worth a lot of money as it is an untapped market. The two regular season games at Wembley this autumn sold out in a few days at about the same prices as the Cup Final so a Franchise would make more than 50m in ticket sales alone
If the books only just balance as you claim then the Club has no value so how could it be sold at a profit?
As far as I can tell the financing costs are only about 15m a year although the 400m loan is to be repaid over 5 years which is very short so I imagine it will be refinanced soon after being built. There are 27000 more tickets and that should raise income by more than 30m which with the naming rights gets to 50m extra income. They might get the same again from other events. So,assuming the loans will be paid back over 10 years we should at worst break even and possibly be 20m a season better off.
The club has value, even if it carries a £1bn stadium debt. There are obviously some servicing arrangements for that debt. But I think your figures for paying it off and turning a profit are speculative at best, if you are factoring in spending the going rate for transfers and wages, which I don’t think you are. The point is that unless levy and Lewis want to delve into their own pockets to keep spurs competitive, then they are either going to have to sell off your best players, refrain from big spends (transfers and wages) in the market or sell up to a rich investor.
