You could start with the 1bn total "loan" that Oligarchsky made to the club (and has written off as he knows he is never getting a penny of it back - well I mean we all do that don't we) .
Allegedly he has legally decreed that will never happen. So if he dies and his surviving "wife" decides she would rather spend that 1bn on shoes, the debt will never be called in.
Kind of like a Trump debt,where he keeps borowing money and finds a way to not repay it!? In the end the banks whatever give up. Good way to run a railroad,as they say!
The only Spurs fans I know who care about finances are those who post incorrect comments about ENIC or overestimate other clubs' spend. The sort of people who claim that other fans are brainwashed because they can actually justify their reasoning. Trophies are a long term outcome of successful management. There is no short term route to them.
As far as I can tell, I enjoy my football more than most on here. Almost everyone else seems to want to find fault and complain.
Signing players after the international break might be less risky all round then. Who would have known.
Who knew that being bankrolled by a Russian billionaire to the point of destabilising the entire transfer market for fifteen years before deciding to exploit how they can toss that money around while 99.9% of all clubs in world football are scaling back their spending due to a global pandemic would make Chelsea fans so touchy about deserved criticism?
Mainly because there's an irritating section of our fanbase who are convinced that we're on financial par with Man Utd and get arsey when we're not spending Man Utd money every transfer window and need to be told on a regular basis to be realistic - starting with realising that having the 8th highest revenue (in the 2018-19 season) doesn't make us the 8th richest club in the world
sounds like a load of excuses on behalf of ENIC on your part tbh(again) Still churning out the trophies is a long term outcome when you was one of the posters telling us that the trophies will come after 5 years when we were under the Poch project and you was also reminding us that the stadium will not affect anything...after all we are only paying 30 mill a year which is far removed from the narrative that we have no money because we have spent near a billion on the stadium...no one has taken anything remotely like that out of their pockets Like I said on the transfer thread...even Mike Ashley has more ambition than Levy or maybe Covid didn’t affect the North East...either way ****ty Newcastle don’t have to buy to sell to fund a paltry sum of 20 million but we do.
Apologies if you thought that was aimed at you or anyone on this forum. My point is that time every single deal Spurs are linked with, the finances are talked about rather than if the player will improve the team or not. Maybe it’s because I’m a fan of Spurs and don’t pay as much attention to other club but I feel like we’re the only fan base that is overly caught up in the financial side of things of football.
THFC own nearly (perhaps) all the land on the WHL patch, and some patches nearby (those used as yards for raw material activity during the new WHL construction, the old Sainsburys site opposite Brantwood Rd etc) .
After years and years of Levy and ENIC`s thrifty approach to transfers, many Spurs fans are now so used to frugality that they don`t know any other way. The club has mugged the fans off and continues to do so, Levy`s brainwashing exercise over the years has worked with many, Covid has given them the perfect excuse not to push the boat out, not that they would have done otherwise.
it’s not just a feeling mate it’s reality most other fans want their owners to spend Everton have spent 45 million with 2 million comin in through sales. The closure of stadiums has affected everyone not just us The 30 mill loan pay back shouldn’t be coming out of the transfer Kitty and isn’t really is it? The apologists were telling us that when we were at the building stage of it...just convenient excuses for petty non footballing wins...it’s pathetic...20 years of obsessing over finance under ENIC and it’s seems to have seeped through into some of our fans DNA All these clubs that are outspending us on giving their managers what they need have simple stadiums with nothing resembling the income our stadium will have once life is back to normal...we know this money is coming...but you can’t do nothing about an ambition less owner when it comes to the football side. I dont even see the problem anymore...he admitted in the Amazon documentary that we are one of his many businesses and that’s how he sees it so that fits in with what I’m seeing...the apologists should just own that fact instead of making lame excuses on his behalf.
On the plus side, we'll be able to go a few weeks without his name popping up on SpursWeb for a change...
To change subject, how bad have Levy and Hitchen come across on this amazon series. Hitchen in particular looks totally inept.
Although I don’t use that term. It’s no worse than what HBIC says in regard to pretty much everyone
Because you should definitely base whether to sign someone on one isolated incident rather than the multiple other players who’ve actually joined their clubs so far and remained injury-free on international duty...
