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Management Financial Results - Year Ended 30 June 2023
- Thread starter Spursidol
- Start date
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It's probably not as complicated as you completely ignoring it, or is that difficult for you to do?
I do as I feel Shady....do you
ok
Partly, yes and all 4 were high earners, but don't forget wages for Vicario, Van de Ven, Udogie, Maddison, Solomon, Werner, Dragusin, Lo Celso (returned from loan last year) et al are not included in last year's wages.
So our wages may or may not have not decreased this year
Announcing “talks with investors” seems a little transparent. I don’t believe a word of it and even if we did receive “investment”, you’re laughing if you think that means top quality players being brought in.
At best it’ll cover what ENIC currently allocate to transfers with the rest going towards the new hotel we’ve just received planning permission for.
At best it’ll cover what ENIC currently allocate to transfers with the rest going towards the new hotel we’ve just received planning permission for.
Lo Celso's wage was included in the books as he's out on loan, most of those players will be on cheap wages because their previous contracts would have been pittance apart from Maddison who I think is on £170k a week.
As for Werner we are paying him £5m until the Summer.
True but you'd also assume Arsenals further increased with Rice (250k p/w) and Havertz (220k p/w) and only losing Xhaka of note (110k p/w)
This sounds like the Chelsea accounting approach...
Chelsea have managed to go even beyond this - spent over £1bn in two seasons
Ted Bolly would be rubbish at the local Chinese buffet, sod pacing yourself and having 4 or 5 sensible sized plates to gorge yourself on one after the other, lump it all on the one plate and wolf it down as fast as you can!
but you can't punish a team because of a date.
It's not like they are going broke, they made an extra £20m
Filling his plate with Nicolas Jackson before getting to the really good stuff
Oh man, I'm all full up on Nico Jackson but there's a steaming hot tray of Victor Osimhen just been brought out, oh well, best go vomit up a Conor Gallagher...
Good Old Daniel says we can "now optimise the true value of key assets". He'll never know how much that phrase warms my heart.
I've supported Spurs for 65 years just so I could optimise the true value of key assets. I want that on my tombstone - "He optimised the true value of key assets."
I've supported Spurs for 65 years just so I could optimise the true value of key assets. I want that on my tombstone - "He optimised the true value of key assets."
But we lose the benefit of 'Tottenham Hotspur Stadium' being broadcast to millions of people worldwide for NFL, rugby, boxing plus Spurs matches - and that translates into higher sponsorship deals, more music concerts etc.
There are plenty of expert marketing forms who will do the match and work out whether £20m pa is worthwhile or whether not taking up a naming rights deal and having 'Tottenham Hotspur stadium ' mentioned on broadcasts with higher other revenue streams is worthwhile - and the fact a naming rights deal has not been done suggests its not particularly advantageous
Lo Celso's wages would have (at least mainly) been picked up by the club he was loaned to.
Agree most of incoming players not on Kane or Dier type wages but there are about double coming in than left, so difference in wage bill for leavers versus coming in might not be as big as we first thought.
The 105m overspend was the wriggle room. It was a hard ceiling not a target.