Poch vs Stadium

  • The Fighting Cock is a forum for fans of Tottenham Hotspur Football Club. Here you can discuss Spurs latest matches, our squad, tactics and any transfer news surrounding the club. Registration gives you access to all our forums (including 'Off Topic' discussion) and removes most of the adverts (you can remove them all via an account upgrade). You're here now, you might as well...

    Get involved!

Latest Spurs videos from Sky Sports

Poch vs Stadium

  • Stadium

    Votes: 7 35.0%
  • Poch

    Votes: 13 65.0%

  • Total voters
    20
  • Poll closed .
Poch would not have been able to keep up challenging on the level he did at the old WHL. To get the players he was starting to request on a consistent basis we had to build a new stadium that generates money.

And as others have said. He burned himself out either way. A manager lasting for 5 years is rare in modern football.
 
Since the stadium build started in earnest in 2013 in terms of land acquisition and NFL negotiations, that would have been a hell of a trick.

Also, the stadium build basically had nothing to do with our lack of investment 2017-2018. It's not like Levy had a big bag of cash with "STADIUM" written on it in the summer of 2017. Everything was completely debt financed to be converted into long-term bonds. The interest payments in 2016-2018 were basically nothing compared to the huge influx of cash that was coming in through sponsorships and football success.

The stadium build and backing the manager were not mutually exclusive.

This starts off on the right track.... Like you said, much was already in motion and land was already being acquired, but the broader stadium project wasn't exclusively debt financed.

Our austerity during the preceding seasons (and the boost of CL income) very much funded the initial stages of the stadium project (as per above)..... We borrowed approx 600m....... The stadium cost in excess of 1bn.

......Do the maths.

This thread will inevitably just rapidly descend into a face off between the "Not one brick" crew and those that aren't so indulgent of conspiracy theories.
 
This starts off on the right track.... Like you said, much was already in motion and land was already being acquired, but the broader stadium project wasn't exclusively debt financed.

Our austerity during the preceding seasons (and the boost of CL income) very much funded the initial stages of the stadium project (as per above)..... We borrowed approx 600m....... The stadium cost in excess of 1bn.

......Do the maths.

This thread will inevitably just rapidly descend into a face off between the "Not one brick" crew and those that aren't so indulgent of conspiracy theories.
The billion number isn't just the 2016-2019 build, it was everything leading up to it as well, especially land. Nearly all of the austerity funding occurred well before Poch arrived starting in 2007 when the first serious plans for a new stadium began getting kicked around, maybe even before. So everything post Poch arrival, especially prime Poch, was debt based because that was when the actual build was occurring.

It's semantics in any case given the scenario.
 
Back
Top Bottom