It really isn't. What profit? The club is making a huge loss. They are definitely prioritising success over profit. ENIC don't have a big enough balance sheet to renegotiate the loans.
The club's under capitalised. It has been for years. Additional investment is badly needed...even COYS Daniel has said as much. Of course, the likelihood is that they'll seek the minimum amount to keep developing, without prioritising sporting success, but it clearly needs pointing out, to some, that is a CHOICE
The problem is that the only new capital that would make a difference to spend would be enough to pay off the stadium loans plus whatever we are going to spend. That means essentially asking a new investor to put in £1.2b of which the majority is to be used to pay off loans at 4%. Proper investors are looking for returns of 10% minimum a year for this sort of investment. Even if we spent the remaining money amazingly well and won the League and Champions League in short order I can't see where the new investor is making anywhere near that return.
Nabbed the idea from Twitter but someone highlighted that we once had DESK (Dele, Eriksen, Son and Kane) and if we do indeed sign Eze and Savinho we will again have DESK (Dom, Eze, Savinho and Kudus).
I tell you what.... If Levy pulls this off... and I know that's a BIG IF... If Levy pulls this off, I will applaud him out loud like the NHS during lockdown.
I can’t help but feel Eze is going to be the “we tried” of 2025’s summer but I’d love to be wrong. Savinho I can probably see happening, though I hope my previous statement about him a few months back ends up leaving egg on my face!