Jesus.
Do any of these numbers include the cost of building a stadium in that period? I’m not referring to the debt component which is fixed and paid over a long period, I’m referring to the equity. typically on these types of build there is a 25% to 30% equity component (banks won’t finance the whole thing). That is, THFC have to put in 25% to 30% of the project value (not just the construction value). ENIC made no loans for this equity component so this was funded by THFC - shirt sales, tickets, tv revenue, etc
You guys are looking at a 3-4 year period when Spurs made a major investment that will pay off over30-50 years. Is this whole forum full of brickies and milkmen? Does no one understand finance?
I bet half of the people who are angry about stupid shit online have not even been to a frigging game.
Do any of these numbers include the cost of building a stadium in that period? I’m not referring to the debt component which is fixed and paid over a long period, I’m referring to the equity. typically on these types of build there is a 25% to 30% equity component (banks won’t finance the whole thing). That is, THFC have to put in 25% to 30% of the project value (not just the construction value). ENIC made no loans for this equity component so this was funded by THFC - shirt sales, tickets, tv revenue, etc
You guys are looking at a 3-4 year period when Spurs made a major investment that will pay off over30-50 years. Is this whole forum full of brickies and milkmen? Does no one understand finance?
I bet half of the people who are angry about stupid shit online have not even been to a frigging game.