Enigma_87
You know who
- Joined
- Aug 7, 2008
- Messages
- 27,892
I’m not talking about the Ltd. but Joe Lewis and Enic who own excess of 70% of your club. Those profits you keep mentioning end up in the pockets of the shareholders not buying players as seen this Summer. It's easier to issue dividends and keep you profitable so they can fill their pockets.You display your ignorance I'm afraid. Spurs - Tottenham Hotspur Ltd - are not registered in the Bahamas. Our registered office is Lilywhite House, 782 High Road, London, N17 0BX, which is the new building that adjoins our new stadium and is linked to it by a pedestrian bridge.
You're living in cloud cuckoo land if you actually think that Spurs will have to pay £100m per year - around 25% of our entire projected income (and nearly one-third of our income as record in in the most recent financial statement) - in debt/interest payments.
Toby's contract does not run out next year, as Spurs have the option to extend it. Eriksen? Well, similar things have been said about Kane, Pochettino, Son etc … all of whom have signed new contracts this summer, so don't be surprised if the club announce that Eriksen has done the same.
So we have already raised our wage bill from the new contracts issued, with more such announcements to come. And the main point here is that keeping most of our squad and manager together is far more important than signing the new players that so many are obsessed about.
I don't know why we didn't sign any new players - I certainly expected one or two. But there are many possible reasons other than some alleged lack of money. It could be, for example, that we simply couldn't get the players identified at a price that Levy and Pochettino considered reasonable, and so preferred to keep their powder dry until prices drop, which I believe they will. And nor do I consider failing to sign Grealish or Zaha or whoever as that important, given that we already have a strong squad IMO.
And after all, United mostly failed to get the players they wanted, despite having bags of money, so a lack of funds it not necessarily the reason for a lack of signings.
Stadium debt payments are a downside, of course, but far outweighed by the net positives stemming from the new stadium
You are delusional if you think it won't have impact in grand scheme of things - wages, transfer kitty, etc.
Toby is gone next summer, doubt you would use your extension option,and keep not 100% focused player for 2 seasons in a row at the club.
You keep mentioning those 100m as a net profit but those like many others are just projections and they are usually increased forecasts.
In terms of whether you'll keep your squad and manager it's again projections and if a big offer come for Poch, Kane or Eriksen I wouldn't be sure if they would be content with yet another season without CL football and no financial backing like this Summer.