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Spurs make a loss of £86m

and are in talks with potential investors.

https://www.bbc.co.uk/sport/football/68721502

posted 2 weeks ago

comment by He who Dares, waits for Trophies (U15748)
posted 2 minutes ago
damn that’s a yacht that Levy can’t order anymore 🤣
----------------------------------------------------------------------
even more pertinent we are getting cheap players now

posted 2 weeks ago

comment by Luka Brasi 🔫 The Sons of Ange 'If we l... (U22178)
posted 4 hours, 53 minutes ago
comment by Devonshirespur (U6316)
posted 8 minutes ago
Headline figures:

Revenue up £105m to £550m

Matchday revenue £117m (up £11m)

Operating Profit before player trading up £20m to £60m

Amortisation up £47m from £80m to £127m

Staff Costs up from £210m to £251m

Operating expenses up from £121m to £160m
Profit on disposal down from £19m to £15m

Sacking Conte & staff £5.11m

Spurs figures are always slightly distorted by the large depreciation cost which covers plant property and equipment, contributing about £70m each year. Much of this would not be included for FFP/PSR purposes and it is a function of having such a valuable stadium, deemed to be worth £1.5bn

The highest paid Director received £3,581,000 (up from £3.265m) and an accrued bonus of £3m paid over the year.
----------------------------------------------------------------------
Operating profit is £138m, for 2022 it was £112m
----------------------------------------------------------------------
so it should be...you sold out to the NFL & all the pop queens

posted 2 weeks ago

RE naming rights, I actually came across one of the boxes used by Spurs to pitch to potential companies back in 2018 I think. Its quite hilarious - it includes a book showing what the stadium could look like with the company’s name and colours as well as the benefits of the stadium being in london, nfl etc etc. it also has a tablet showing a video of the same stuff.

The worst bit is the company’s branding was all red, so in all the mockups inside the stadium it’s completely red. It just shows to me that they don’t have a clue about what the fans want

posted 1 week, 6 days ago

comment by BISS Bash BOSSED (U8366)
posted 13 hours, 39 minutes ago
RE naming rights, I actually came across one of the boxes used by Spurs to pitch to potential companies back in 2018 I think. Its quite hilarious - it includes a book showing what the stadium could look like with the company’s name and colours as well as the benefits of the stadium being in london, nfl etc etc. it also has a tablet showing a video of the same stuff.

The worst bit is the company’s branding was all red, so in all the mockups inside the stadium it’s completely red. It just shows to me that they don’t have a clue about what the fans want
----------------------------------------------------------------------

Whilst I agree, another way to look at is that sponsors aren't restricted to Spurs colours and can have their own brand/colours showing particularly during other events such as concerts and NFL.

posted 1 week, 6 days ago

comment by Bake 'em away toys (U7303)
posted 33 minutes ago
comment by BISS Bash BOSSED (U8366)
posted 13 hours, 39 minutes ago
RE naming rights, I actually came across one of the boxes used by Spurs to pitch to potential companies back in 2018 I think. Its quite hilarious - it includes a book showing what the stadium could look like with the company’s name and colours as well as the benefits of the stadium being in london, nfl etc etc. it also has a tablet showing a video of the same stuff.

The worst bit is the company’s branding was all red, so in all the mockups inside the stadium it’s completely red. It just shows to me that they don’t have a clue about what the fans want
----------------------------------------------------------------------

Whilst I agree, another way to look at is that sponsors aren't restricted to Spurs colours and can have their own brand/colours showing particularly during other events such as concerts and NFL.
----------------------------------------------------------------------

The fans need to get over the colour thing, Arsenal have had White shirts, Man United have had blue shirts. I’m not saying we should have a red shirt but a bit of red on a shirt I.e. the sponsor and the ground having red seats for an NFL game - who gives a faaaack, it’s a colour.

posted 1 week, 6 days ago

comment by Striketeam7 - There used to be a football club... (U18109)
posted 1 hour, 17 minutes ago
comment by Bake 'em away toys (U7303)
posted 33 minutes ago
comment by BISS Bash BOSSED (U8366)
posted 13 hours, 39 minutes ago
RE naming rights, I actually came across one of the boxes used by Spurs to pitch to potential companies back in 2018 I think. Its quite hilarious - it includes a book showing what the stadium could look like with the company’s name and colours as well as the benefits of the stadium being in london, nfl etc etc. it also has a tablet showing a video of the same stuff.

The worst bit is the company’s branding was all red, so in all the mockups inside the stadium it’s completely red. It just shows to me that they don’t have a clue about what the fans want
----------------------------------------------------------------------

Whilst I agree, another way to look at is that sponsors aren't restricted to Spurs colours and can have their own brand/colours showing particularly during other events such as concerts and NFL.
----------------------------------------------------------------------

The fans need to get over the colour thing, Arsenal have had White shirts, Man United have had blue shirts. I’m not saying we should have a red shirt but a bit of red on a shirt I.e. the sponsor and the ground having red seats for an NFL game - who gives a faaaack, it’s a colour.
----------------------------------------------------------------------
I would ban everything red, ban red clothes on staff, have nothing red around the stadium and certainly no red seats. The only exception would be a small sponsors logo like we have now and temporary red lighting for NFL / concerts etc that can be quickly turned off.

posted 1 week, 6 days ago

Can someone with a bit more nous on this subject explain to me why we're looking for investors? If the ultimate goal is to remain sustainable then what on earth is new investment being sought for? How much of it can actually be used? I find it really odd.

posted 1 week, 6 days ago

comment by fridgeboy (U1053)
posted 6 hours, 39 minutes ago
Can someone with a bit more nous on this subject explain to me why we're looking for investors? If the ultimate goal is to remain sustainable then what on earth is new investment being sought for? How much of it can actually be used? I find it really odd.
----------------------------------------------------------------------

Spurs are worth a fortune (£2-3bn) and have hugely valuable assets but many of these have been achieved through funding. Bit like you owning an expensive property on a mortgage.

You cannot realise the value of your house BUT if someone said to you, I will give you 25% of the value of the house in cash now, you can keep living there, pay me a return and i get to share its increased future value then you have effectively given away a bit of your home but now have a chunk of money in your pocket.

With Spurs, instead of giving all that money to Levy, it might well be used to pay down some of the debt. That frees up cash flow that can be used on other stuff like players.

It may also be used to get some of the nearby property developments off the ground.

Levy said "to capitalise on our long-term potential, to continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base"

Equity is Total Assets minus Total Liabilities (debts) and having a small equity base limits how much you can invest. Getting in investment, to potentially reduce those liabilities increases the equity base allows for more aggressive investment and growth.

posted 1 week, 6 days ago

comment by Sheriff JW Pepper (U1007)
posted 1 day ago
comment by Luka Brasi 🔫 The Sons of Ange 'If we l... (U22178)
posted 4 hours, 53 minutes ago
comment by Devonshirespur (U6316)
posted 8 minutes ago
Headline figures:

Revenue up £105m to £550m

Matchday revenue £117m (up £11m)

Operating Profit before player trading up £20m to £60m

Amortisation up £47m from £80m to £127m

Staff Costs up from £210m to £251m

Operating expenses up from £121m to £160m
Profit on disposal down from £19m to £15m

Sacking Conte & staff £5.11m

Spurs figures are always slightly distorted by the large depreciation cost which covers plant property and equipment, contributing about £70m each year. Much of this would not be included for FFP/PSR purposes and it is a function of having such a valuable stadium, deemed to be worth £1.5bn

The highest paid Director received £3,581,000 (up from £3.265m) and an accrued bonus of £3m paid over the year.
----------------------------------------------------------------------
Operating profit is £138m, for 2022 it was £112m
----------------------------------------------------------------------
so it should be...you sold out to the NFL & all the pop queens
----------------------------------------------------------------------

If by selling out you mean Spurs had the foresight to make their new stadium genuinely multi-use generating 10s of millions of extra revenue, then yes we sold out and is one reason why we are London's highest earning club and not in FFP trouble like Chelsea

posted 1 week, 6 days ago

comment by Devonshirespur (U6316)
posted 3 minutes ago
comment by Sheriff JW Pepper (U1007)
posted 1 day ago
comment by Luka Brasi 🔫 The Sons of Ange 'If we l... (U22178)
posted 4 hours, 53 minutes ago
comment by Devonshirespur (U6316)
posted 8 minutes ago
Headline figures:

Revenue up £105m to £550m

Matchday revenue £117m (up £11m)

Operating Profit before player trading up £20m to £60m

Amortisation up £47m from £80m to £127m

Staff Costs up from £210m to £251m

Operating expenses up from £121m to £160m
Profit on disposal down from £19m to £15m

Sacking Conte & staff £5.11m

Spurs figures are always slightly distorted by the large depreciation cost which covers plant property and equipment, contributing about £70m each year. Much of this would not be included for FFP/PSR purposes and it is a function of having such a valuable stadium, deemed to be worth £1.5bn

The highest paid Director received £3,581,000 (up from £3.265m) and an accrued bonus of £3m paid over the year.
----------------------------------------------------------------------
Operating profit is £138m, for 2022 it was £112m
----------------------------------------------------------------------
so it should be...you sold out to the NFL & all the pop queens
----------------------------------------------------------------------

If by selling out you mean Spurs had the foresight to make their new stadium genuinely multi-use generating 10s of millions of extra revenue, then yes we sold out and is one reason why we are London's highest earning club and not in FFP trouble like Chelsea


----------------------------------------------------------------------

Good point Devon

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