It isn’t merely the direct income that is important. The new stadium will greatly increase our Global profile, which will lead to enhanced financial benefits elsewhere.
Just say your new stadium generates a maximum of £60m a year in extra revenue (assuming you sell out corporate areas), how long it will take you to pay back? Success on the field also improved global profile, but you will be paying off your new ground for years. And how will a new stadium increase your global profile? I'm not saying it doesn't, I'm just asking how it works.
well, it is on the news a lot because it's unfinished, maybe that's what he means, he's hoping people will send in charity donations when they hear of Spurs plight.
Are you sure that the new stadium will add 100m to revenue? Surely it will go up to £100m from say £50m??
Ultimately nothing brings financial reward and exposure more to a club than having a successful team on it. Man U didn't become a global brand because of David Beckham or Pogba or Old Trafford...it's because they had a successful team on the pitch for 2 decades. Levy needs to speculate to accumulate and I think he would reap results if he took that approach under Poch's tenure but he won't. Anymore blank transfer windows and Poch is gone and I won't blame him
Me neither, we had he same under Redknapp, but rather than spend the Rio money on te team we built a new stand (with the work undertaken by the chairman's building firm), then refused to back Harry in the transfer market and fired him instead. 2 years later we were in the championship when we should've been in the Champion's league.
I'm not sure but here are my guestimates: 5,000 extra premium seats at £5,000 per season = £25m 23,000 extra normal seats at £1,000 per season = £23m 6 non football events at £3m per event = £18m Profit from stadium facilities on event days = £15m Naming rights =£20m
gonna deduct any expenses from that? You're also assuming every game is going to be sold out. Seem like Leeds Utd finances to me, I'm guessing you don;t run a business.
^^ Realistic about Levy. As I have said I think it would be madness to not back Poch and lose him to then get a new manager and give him money to replace the players that follow Poch out the door. of course if this does happen I will piss myself
Amazing how so many seem to have a There's a reason the dictionary definition of ******ed is "West Ham fan". thanks for showing why.
Just from a brief google search Spurs officials have said they expect £100m in matchday revenue (in line with what Arsenal make from the Emirates), which is a £35m increase on Wembley, and a £60m increase on WHL. But you haven't sold out your hospitality areas and are having issues with naming rights.
Additional expenses over the old stadium will only be a few million and don't affect my answer which has an uncertainty of about £10m. I am assuming that most games are sold out. The Wembley attendances have generally been above the stadium capacity and all the season tickets and 90% of premium seats have already been sold. I agree that won't necessarily be the case for future seasons. And your final guess is wrong!
yeah, it's totally beyond imagination that they could've made the champions league, even though half the first team played in the CL final of 2008, and we also had Kanoute, Di Canio, Jermaine Defoe and Trevor Sinclair.
Levy has previously said Spurs are running two businesses -- the football side and the new stadium -- and Collecott (your finance director) said: "This is not going to touch the football. These are very separate budgets." He added that he expected matchday revenue to double to around £100m, according to Bloomberg https://www.bloomberg.com/news/arti...ur-agrees-to-897-million-plan-for-new-stadium
60m is almost exactly the sum I came to for extra match day revenue. No one will sign a naming rights deal on an unfinished stadium.
Your average attendance at WHL in 2016 was 5000 lower than your capacity, but suddenly 25000+ are going to come out of the woodwork to watch you play Bournemouth on a cold Monday? yeah, w/e
Oh I misunderstood when you said: "It will add 100m to our revenue and pay for itself over a few years. As far as I can see it adds at least 50m per season to cash as soon as it is ready. "
Why? £60m from match day revenue and £40m from naming rights and event revenue. Makes £100m as I stated. A few big assumptions in my calculation but I reckon the answer has to be in the range £70m to £120m. Even at the lowest figure it generates more cash than is needed to pay interest and capital.
The WHL capacity in that season was reduced by 5,000 because part of the ground had been demolished to allow the new stadium build to start. We've still get tens of thousands of members on a season ticket waiting list even after all the ones at the new ground have been snapped up.
