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Transfers January 2020 transfer thread

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Tea lady incoming
 
Sure the stadium is built - but we have a £600m+ debt on it.

FYI when I bought my flat, I had a mortgage and couldn't spend as much as I'd like as I had to pay off the mortgage - no difference. After a few years, finances were a lot easier but first year or two wre tough.

Spurs make more money today than before because of the stadium - but we need to set aside say £40m a year to repay the debt.

Still means that net Spurs have MORE money to spend - that's why we spent £100m+ (net) on players in the summer - and more this January. We could have spent more but there wasn't the quality of players we want, - so guess what we don't spend money but spend it in the summer when better quality available,

So what is it then ?

a great refinanced loan that costs £15m a year at 2% and means we can compete.

or

£600m debt, costing us 40 million a year for x number of years and we can’t really compete.

Seems to me that the first answer is used when they want our money and the second is used on days like today.

is it good debt or bad debt ? who gives a flying fuck. Its all fucking bollocks. ENIC have managed to actually create an element of our fan base who celebrate net spend and “profit”.

Who gives a shit about that, after 20 years of austerity, who wants more austerity ?

When the magic money tree delivers some decent players in the summer I might quote your post and say, you were right mate. But I somehow doubt that September will be any different to today. I don’t think the
attractiveness of Thursday night football along with our brilliantly constructed balance sheet will do anymore then see us all celebrate a letter from the modem day Rivaldo, hopefully I am really pessimistic!

sorry for my bluntness fella, not looking to row with anyone, just feel so fucked off with the same lame bollocks excuses.
 
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