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There are rumours that Musk wants to buy Liverpool. I would love him to buy Spurs for all the wrong reasons!
 
I know chaps! I did say “for the wrong reasons”!

But think about his great business successes (apart from Twitter) and think what he could achieve for Spurs!
 
There are rumours that Musk wants to buy Liverpool.

The whole city ?? Sure he could do that with "back of the sofa" cash.


"I would love him to buy Spurs for all the wrong reasons!"

Becoming a stakeholder and clearing the new WHL
debt would be very interesting.

The data analytics for on-pitch performance would be superb though.
 
I know chaps! I did say “for the wrong reasons”!

But think about his great business successes (apart from Twitter) and think what he could achieve for Spurs!
Let me take a quick look at Tesla's share price

...now let see if Timson's share price does the exact opposite at the exact same time people had the urge to buy some spare keys for walking past that one person in their neighbourhood who owned a Hipster Prius
 
Our home game against City and our FA Cup tie with Villa have had their dates announced.
City is on Wednesday the 26th of February at 7.30pm and Villa is on Sunday the 9th of February at 5.35pm.
No idea what that random time is about, but it's probably TV related.
 
Our home game against City and our FA Cup tie with Villa have had their dates announced.
City is on Wednesday the 26th of February at 7.30pm and Villa is on Sunday the 9th of February at 5.35pm.
No idea what that random time is about, but it's probably TV related.

So our next 3 points will be won on Feb the 26th, you say?

Bit of a wait but can't be helped I suppose.
 
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As per Matt Lawton in The Times, INEOS are looking for an early termination of their sponsorship deal with us as Jim Ratfink is drastically scaling back his sports investments

Gee, I hope there aren't any clubs bankrolled by Jim Ratfink, as this would be appalling news for them to hear...
 
As per Matt Lawton in The Times, INEOS are looking for an early termination of their sponsorship deal with us as Jim Ratfink is drastically scaling back his sports investments

Gee, I hope there aren't any clubs bankrolled by Jim Ratfink, as this would be appalling news for them to hear...
I saw an estimate somewhere that between him and the Glazers they've taken £1bn out of the club.
People can criticise Levy for a lot of things, but some of the alternatives are genuinely nightmarish.
 
As per Matt Lawton in The Times, INEOS are looking for an early termination of their sponsorship deal with us as Jim Ratfink is drastically scaling back his sports investments

Gee, I hope there aren't any clubs bankrolled by Jim Ratfink, as this would be appalling news for them to hear...

United have posted a 12% drop in revenue and Arsenal have posted a loss of £17m despite sustained CL qualification and of course not having a stadium to pay for.

The financial situation of most clubs around the world appears to be absolutely dire.

It does bring me back to a point I made elsewhere at some length. I wonder how profitable football actually is anymore?

By that, I mean specifically the price of sustained success. When you look at the amount clubs like City have sunk in order to achieve what they've achieved, then Chelsea who have achieved but significantly less, then United who have achieved f all, the margin of risk is huge compared to the potential net gain you're gambling on.

It's an unspoken effect of blood money clubs doping every single market.

Is it worth it anymore?
 
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United have posted a 12% drop in revenue and Arsenal have posted a loss of £17m despite sustained CL qualification and of course not having a stadium to pay for.

The financial situation of most clubs around the world appears to be absolutely dire.

It does bring me back to a point I made elsewhere at some length. I wonder how profitable football actually is anymore?

By that, I mean specifically the price of sustained success. When you look at the amount clubs like City have sunk in order to achieve what they've achieved, then Chelsea who have achieved but significantly less, then United who have achieved f all, the margin of risk is huge compared to the potential net gain you're gambling on.

It's an unspoken effect of blood money clubs doping every single market.

Is it worth it anymore?

[LONG-ish]

So, let us start from first principles ...


Q1. Is/was professional football EVER profitable ??

When were the times when all clubs in all leagues
collectively operated as "business of own account" ,
or if in debt not enough to cause waves thru their
creditors ??

If the answer to Q1 is never profitable but
significant debt, then it begs the following .:

Q2. Who are the major creditors ??
Q3. If the debt is significant, why have they never called it in ??


The answer to Q2 historically has been domestic banks.
But nowadays you have other entity types.
For example, PE firms (ex the funders of the Glazers) .

The answer to Q3 is that football clubs historically
acted as a focal point of community (tribal support and
pride) .

The other reason is the potential commercial **** storm
the creditor could face (we know as fact that Barclays did
not call the debts in on Spurs in 1991 for this very reason) .


But nowadays ??
Effectively owned by the likes of PE firms, who have no
community loyalty and often think little of "asset stripping"
their properties to get their money ??

Rather you than me.
 
I saw an estimate somewhere that between him and the Glazers they've taken £1bn out of the club.
People can criticise Levy for a lot of things, but some of the alternatives are genuinely nightmarish.

To be a bit fairer to the Glazers, I would want
to see the % breakdown of monies taken to
service their PE firm debt / for 'personal enrichment' .