I know, that's my point.
People see the chart and think "oh we're the 10th richest club in the world" not knowing that it's only based on revenue
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People see the chart and think "oh we're the 10th richest club in the world" not knowing that it's only based on revenue
We started from a low base, no one can dispute this.
Then Levy (wrongly imo) concentrated on the stadium rather than the team.
Poch refused some good players and Levy backed his choice.
Poch was adamant on signing others and Levy backed his choice.
Poch didn't want a DoF and wanted more say in who was signed, Levy backed his choice.
Our investment has been shocking in the past. Levy should have booted Hitchin out the door, he was useless.
Why can't you see that since the fans have been allowed in the stadium, and Levy's appointment of a DoF our recruitment is miles better ?
Both in money spent (3rd highest in last 2 years) and in quality of players bought .
Nobody is going to book a venue until it's open and they can see what it's like.Large bands usually book venues way in advance , we have 6 months of nada
You do know that the stadium was completed in 2019 , getting on for 4 years ago & work started 7 years ago , not enough time to sort out a deal ?
So that was signed after our deal for our purpose built NFL stadium. When is he appearing on dragons den ?
Agree mate, unless we get a so called sugar daddy, we will be a fourth best team at best.
As you say the odd final and semi final completes it, levy/ENIC are not bothered about anything else.
The club will be self sustaining, and for many on here that is all they want it's good enough for them.
So why complain that we aren't competing with them then ?
Which are the world's richest football clubs in 2023? | Goal.com
Deloitte have released their latest Football Money League numbers which rank the most lucrative football clubs in 2023 - and here's who make the list
www.goal.com
Liverpool have @£150m more revenue than us every year.
Chelsea, just under £100m more than us.
You say we started from a low base, which I can't dispute, we were shit. But when ENIC took over we were, at that point in time, one of the most successful clubs in England. I believe we were still the record FA Cup winner and probably 3rd or 4th all time in the honours list.
In the years since we've been well and truly pushed out of that. It's starting to feel like we could go the way of West Ham and it could be 40+ years with absolutely nothing.
At least they know what they are
There's no denying your point, but many other clubs have been "pushed out" .
Everton, Villa, even Woolwich to a certain extent, although nowhere near to others.
It's due to oil money and traditionally "bigger" clubs.
There are very, very few trophies won by teams who aren't Utd, City, Chelsea and Liverpool, and those that are , are an anomaly.
That doesn't mean I'm happy about it.
Because they could find a more ambitious transfer budget if they wanted to. They are more than ok with their business model right now and it doesn’t include Spursvregularly winning.So why complain that we aren't competing with them then ?
Which are the world's richest football clubs in 2023? | Goal.com
Deloitte have released their latest Football Money League numbers which rank the most lucrative football clubs in 2023 - and here's who make the listwww.goal.com
Liverpool have @£150m more revenue than us every year.
Chelsea, just under £100m more than us.
Winning also brings revenue btw… its not as simple or linear as you make it. Otherwise we’d still have a 36k arena.
If woolwich are lower than us in the rich list how have they outspent everyone the last 2-3 years?
What we should all be annoyed at, is that ENIC bought us before Oil Money became a thing. They have clearly put money into the club but in the wrong places. They decided, as you say, to invest in infrastructure thinking it would make us a financial, self sustained powerhouse. During the years of pondering what to do with WHL and running the squad on a shoe string other teams got bought and their squads were heavily invested in.
It's been a pretty calamitous set of decisions that have left us with the best stadium in the league that regularly witnesses the worst football as traditionally small teams pull ever further away from us.
I can't actually see any coming back from it either. Even with shit football, the stadium will make so much money that there is very little incentive for ENIC or Levy to go. How much would it cost to make them consider it? Way more than even the richest of the rich would want to pay for a club with absolutely no success for 2 decades. I suspect it would take more than what Chelsea cost for ENIC to let go. Probably more than even the amounts being discussed for Liverpool and United.
So they're here for the long term IMO. The very, very long term.
What are we (the fans) to do? Do we keep going and keep supporting the team knowing we're probably going to be forced out of the reckoning even further as Newcastle pass us?
Do we keep spending thousands a year on our season tickets knowing we're not going to do anything and probably get worse.
I mean, the answer is yes, as we're fans and it's what we do.
But I'm gonna moan like fuck about it.
Like the £150m that was there to be drawn on in the summer.
So where does the extra money come from to sign more players ?
Woolwich are only below us because they had no CL last year.
Woolwich are on the brink of FFP.
They've gambled on getting CL next year.
It looks like that has worked, but if by some miracle they don't get it, they are fucked.
When have we ever gambled? We've never thrown caution to the wind.
We know we have massive leeway in terms of FFP. But we're terrified of spending money on the squad in case we do a Leeds.
There is obviously ways to get money outside of the club income to spend on the squad. We will just never do it because we're risk averse.
It’s been open for 3 bloody years . How many artist have played ? Since restrictions ? 4 ? How many stadium bands have toured ? Hundreds . Isn’t a part of good business , planning ahead?
I don’t mind having these chats but we both know that no one is changing anyone's mind . Some people can tolerate ENIC actions , after the Olympic stadium bid , sacking Jol at half time , the super league . Hiring managers who clearly don’t fit ENIC agenda & then sacking them ( how much has that cost us) Eventually finding a manager in Poch , who did wonders & then rewarding him with a 500 day self exposed embargo of transfers. No wonder our performance dropped , he probably felt betrayed. Writing chairman’s letters to the customers as hollow as his Easter egg head about DNA & our way and then hiring a bloody folk singer to make us proud. The frugal myth is just another word for cheap, anyways we’re talking about a business that is anything but frugal , it’s insanity.
My patience ran out for his many , many years ago . Some people still live off “Jam tomorrow “ which is fine but it does feel a tad Stockholm Syndrome
Yes, and Enic have always been very clear on that point.
If anyone is expecting Enic to use there own money they'll be disappointed.
That does not equate to the club having billions locked up in a vault somewhere.
Why are you omitting all the other things that happened there.
"Events" aren't only concerts.
We've just seen a sell out crowd for boxing.
Rugby has been played there, NFL open days etc.
You are a fucking liar peddling out of date and irrelevant stats. Shut upSo why complain that we aren't competing with them then ?
Which are the world's richest football clubs in 2023? | Goal.com
Deloitte have released their latest Football Money League numbers which rank the most lucrative football clubs in 2023 - and here's who make the listwww.goal.com
Liverpool have @£150m more revenue than us every year.
Chelsea, just under £100m more than us.
Whether they have a kitty saved up or not is irrelevant. There are ways they could make money happen for the squad if they wanted to. And we could stay within FFP in doing so.
There are a list of things.
1. Seeing the neighbours finally getting their shit together and competing at the top.
2. Seeing Newcastle above us after Howe has had 2 transfer windows and seeing the writing on the wall
3. The realisation that Liverpool and Man Utd have turned a corner and are breathing down our neck.
4. The realisation that we are probably not going to remain in the top 4 clubs for long unless something drastic changes and the owners start showing more ambition. Nobody wants a return to scrapping for a Europa place every season.
5. The realisation that yet another elite manager is feeling betrayed by Levy and will probably jump ship in the summer if not before due to our lack of ambition to actually win the big trophies.
6. Kane and Son rapidly approaching the end of their careers with nothing to show for it and no way for us to replace them with similar quality.
7. The fact that we still have players on the wage bill like Eric fucking Dier in 2022. This is a guy who wasn't good enough for Poch 4 yrs ago and is now our starting CB....
Feels to me like we've blown our chances to win the big trophies and our time in the top 4 is coming to an end, so we become another West Ham for the next 20 yrs until we find lightning in a bottle again.
Unless these owners fuck off and sell us to an owner with real ambition we are fucked.
It might not have dawned on you yet but its the reality of the situation we find ourselves in.
That report was published in March this year, using the latest available figures.
Go and put your tin foil hat back on.