I'll rephrase
You're suggesting we will lose 200m in the new financial year?
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Transfers Summer 2020 Transfer Thread
- Thread starter The Fighting Cock
- Start date
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You're suggesting we will lose 200m in the new financial year?
Are you asking this because he hasn't been photo'd with the new shirt after all of 12 hours?
Levy will be an arrogant cunt and wait until the last few days before wrapping it up just to save cash on the players wages
No. Been accutely aware of it for about the same amount of time as Levy has been at the club ad we have failed to sign proper stars.
Even fucking Sugar signed stars. Alan Sugar.
Most companies keep as little cash on hand as possible because cash doesn't do much for you. Future spending is typically based on future revenues. So has anyone looked at the books to see if transfer funds come from future revenues, or past revenues?
Are you calling my post nonsense? Perhaps you misunderstood me if that’s the case.
Im merely saying the postering and feeding to the media that they’re “going to pull out of a deal because it’s too expensive” is typical of United.
United will sign Sancho, I’ve absolutely no doubts. I’ve also absolutely no doubts they won’t get Kane.
Nope - not calling it nonsense at all - calling the Utd speculation nonsense...sorry if it was unclear!
Now Dan is tweeting it, probably trying to help ramp up the price
Yeah, oldest trick in the book!
Pretty much.
We will have lost a lot of income from March 2020 onwards and will lose income during 2020/21 season - clearly the amount we lose depends on the assumptions people make about our ability to attend matches and other activities such as exhibitions/conferences and non football events (music, rugby, nfl etc).
And the club would usually budgetted to get the season ticket revenues (ie a big cash flow advantage to get seat mony paid a year in advance) for 2020/21 paid to it in May (and which many clubs use to fund player transfers in the transfer window) which helps to fund clubs through from receipt of the last match day revenues through to next season. Spurs will have had a number of non football events lined up over the summer to plug that cash gap plus of course the ICC pre-season tournament and other freindlies.
So we will have a significant loss of revenues from March through to September when new season starts (6 months) with only TV money and sponsorship income coming in but many of the costs still needing to be paid (player wages being the most £'s)
All of that is what I am suggesting to be conservatively a loss of £200m revenues - might be more if covid -19 restrictions continue significantly into the new year.
Hope that better explains the financial situation ?
Ah silly season...
Please define significant loss - figure?
This thread has turned into the fascinating Football Financials one, where Massage Boy would become engorged as teenage eastern accountants pleasured his middle-aged flabby body with perfumed and oiled profit-and-loss accounts
You think I'm a magician to work it all out ?
The real issue as I've tried to explain is that over that time period Spurs have lost revenues but not costs (players drawing wages etc - Spura largest costs).
So its not just revenues lost but Spurs actually running at a loss over that period which can only be made good from future revenues funding it - bandaged by loans to fund the short term but need repaying within about 12-18 months
ArcspacE
Financial effect of covid affecting all clubs - when did you last see a PL club nitifying redundancies before March this year
Making 55 normal people jobless rather than just terminating Ozil’s contract
In fairness Ozil has been redundant for years.
I agree we have suffered losses during that period -that's a fact
However I fundamentally disagree with the notion pedaled on here by some we're now essentially skint and should only expect loan deals for relegated cloggers
The majority of Southampton's supporters are happy with the deal.
They are saying it's 18m for Hojbjerg (15m now, plus 3m in bonus). I don't think they know about Fulham being after KWP.
In resume, I'd say good piece of business for everybody involved. And I think Hojbjerg should be praised. He showed desire to come to Tottenham and made everything really easy from our perspective.
www.saintsweb.co.uk
They are saying it's 18m for Hojbjerg (15m now, plus 3m in bonus). I don't think they know about Fulham being after KWP.
In resume, I'd say good piece of business for everybody involved. And I think Hojbjerg should be praised. He showed desire to come to Tottenham and made everything really easy from our perspective.
Hojbjerg: Official - Signs for Spurs
www.saintsweb.co.uk
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£12m for Foyth, £12m for Walker-Peters, a rumoured £4m fee we want/ wanted for Carter-Vickers.... if we get move on peripheral figures like this for the fees bein* mentioned that would go a long way to helping us get a far stronger squad with very little major outlay. 3/4 others like Rose, Aurier etc shifted and it’ll start looking like the right forward moves required.