1 hour ago, RonniePickering22 said:

 

He's what we call a baw hair away from my ignore list which it took the one poster in there years to reach.

 

Make of that what you will.

He reminds me of an Arsenal version of Peterhead, or whatever his name is.

8 minutes ago, jellydog said:

He reminds me of an Arsenal version of Peterhead, or whatever his name is.

Do you mean PeterMik?  Careful, he be offering you out next thing you know.????

Spurs "have taken the decision to confirm today that all home games will be played at Wembley Stadium up to and including the game against Wolverhampton Wanderers on 29 December".

13 minutes ago, RonniePickering22 said:

 

The part about our large upfront payment...oh and of course you know there is no allowance for inflation in the deal.

 

Of course Daniel Levy will not have considered any of those issues.

 

9 minutes ago, carmine said:

Apparently financial common sense is now about making snap judgements about financial agreements that you know nothing about because they haven't been made public and doubtless never will.  But hey, whatever rocks your boat!!

https://www.thesun.co.uk/sport/football/7594108/tottenham-spurs-nike-kit-deal/

 

Levy has revealed it will be 30 mil a year for the next 15 years. If that is the case, how can it allow for inflation?

 

As I said, receiving a large part of it up front is my own presumption. Otherwise why would Spurs take a deal which is so shoddy - both in the way it is structured long term and in comparison to a rival which signed the same deal for 100% more money. 

11 minutes ago, carmine said:

Apparently financial common sense is now about making snap judgements about financial agreements that you know nothing about because they haven't been made public and doubtless never will.  But hey, whatever rocks your boat!!

 

It amazes me the number of posters on here who claim to know all about our financial mismanagement.

 

Meanwhile we're building the most state of the art stadium and haven't sold any of our star players.

 

I just keep on grinning as their...."This can't be happening" faces turn ever sour.

1 minute ago, RickG16 said:

 

https://www.thesun.co.uk/sport/football/7594108/tottenham-spurs-nike-kit-deal/

 

Levy has revealed it will be 30 mil a year for the next 15 years. If that is the case, how can it allow for inflation?

 

As I said, receiving a large part of it up front is my own presumption. Otherwise why would Spurs take a deal which is so shoddy - both in the way it is structured long term and in comparison to a rival which signed the same deal for 100% more money. 

 

You don't know any of the details of the deal because Levy never revealed them.

 

Stick to the facts you do know Rick....because anything which is not WILL be ripped apart.

Just now, RonniePickering22 said:

 financial mismanagement.

 

And btw... I never said it was financial mismanagement. If you are desperate for a big cash injection pronto, this is the right thing to do. 

Just now, RickG16 said:

And btw... I never said it was financial mismanagement. If you are desperate for a big cash injection pronto, this is the right thing to do. 

 

I'm not commenting on whether it is or isn't, since I have no idea of the bank balance at the club.

1 minute ago, RonniePickering22 said:

 

You don't know any of the details of the deal because Levy never revealed them.

 

Stick to the facts you do know Rick....because anything which is not WILL be ripped apart.

The article I linked to quotes the Club website!!! That is where the information came from. Perhaps take the time to read it.

 

Get a grip old chap. 

Just now, RickG16 said:

The article I linked to quotes the Club website!!! That is where the information came from. Perhaps take the time to read it.

 

Get a grip old chap. 

 

The article says nothing about large upfront payments.

 

Maybe you should read it again more thoroughly!!

1 minute ago, RonniePickering22 said:

 

The article says nothing about large upfront payments.

 

Maybe you should read it again more thoroughly!!

No, that is my analysis of it, as I said from the very beginning.  Last time I checked we were allowed to have our own opinion on how a financial deal may be structured.

 

The fact you bought no players in the summer and pay rock bottom wages for a top 6 club might also suggest you are strapped for cash.

 

Maybe Spurs should retire to Thailand, cheaper over there I hear. 

21 minutes ago, RickG16 said:

No, that is my analysis of it, as I said from the very beginning.  Last time I checked we were allowed to have our own opinion on how a financial deal may be structured.

 

The fact you bought no players in the summer and pay rock bottom wages for a top 6 club might also suggest you are strapped for cash.

 

Maybe Spurs should retire to Thailand, cheaper over there I hear. 

 

It might or might not.

 

In the only interview Levy has given this season regarding transfers he stated money is available but of course not unlimited amounts.

 

If you believe paying 500k a week to a player is sound financial business perhaps so for Man Utd but not for many other clubs.

 

Again if we were heading for disaster the likes of Kane and Eriksen would be heading out the door for likely a combined fee around 300m quid.

 

Not happening though now is it?

An abusive post has been removed, this lead to a host of follow on bickering and  baiting replies that also got removed.

I know nothing about football but fortunately know just enough to suspend abusive members if they do it again.

See the clocks change at 2am tonight. Game is being covered by Sky Sports, Monday Night Football. Kick off is at 8pm on Monday. Back to those horrible 3am games for us here. Grr!

The long or short  of Totts financial status will spill out in the wash. in due course.

Presently from reports media wise and compounded from latest Club Totts report.  the club is now facing a debt of 637 mil quid  where end of June it was 366 mil quid.

with those figures it is clearly evident that Totts are in a financial meltdown

and the delay of opening the new stadium on time.is not helping their financial crisis at all.

Sure Old man Bahamas Joe and club chairman Daniel Levy will find a backdoor soloution.but it will come with a hefty price tag. not to mention the severe monetry restrictions which will be placed on day to day running of  the club which will only hamper any thoughts of winning the EPL etc etc 

Totts are in a pickle

Some interesting posts recently about teams who were once in the top flight but for some reason or t'other had falen away. I compiled the following with the TVForum football posters in mind.

 

Starting with the first league after WW2. I've not put in the usual stats 'cause these are easily found on the internet.

 

46-47 Man Cty promoted - Brentford relegated
47-48 Grimsby relegated
49-50 Spurs prmoted - Man Cty relegated
50-51 Man Cty promoted
53-54 Liverpool relegated
67-58 WHU promoted
60-61 PNE relegated
61-62 Liverpool and Orient promoted - Clelsea relegated
62-63 Chelsea promoted - Orient and Man Cty relegated
64-65 Northampton promoted
65-66 Man Cty promoted - Northampton relegated
73-74 Carlisle promoted - Man Utd relegated
74-75 Man Utd promoted - Carslile and Chelsea relegated
75-76 Bristol City promoted - QPR 2nd
76-77 Chelsea promoted - Spurs relegated
77-78 Spurs promoted - WHU relegated
78-79 Chelsea relegated
79-80 Bristol City relegated
80-81 WHU and Notts Cty promoted
81-82 Watford and Luton promoted
82-83 Man Cty relegated - Watford 2nd
83-84 Chelsea promoted - Notts Cty relegated
84-85 Oxford and Man Cty promoted
85-86 Wimbledon promoted - WHU 3rd
86-87 Man Cty relegated
87-88 Millwall promoted - Chelsea, Oxford and Watford relegated
88-89 Chelsea and Man Cty promoted - WHU relegated
89-90 Millwall relegated
90-91 WHU, Notts Cty and Oldham promoted
91-92 WHU, Notts Cty and Luton relegated
92-93 WHU and Swindon promoted
93-94 Swindon and Oldham relegated
95-96 Man Cty relegated
97-98 Barnsley relegated
98-99 Bradford promoted
99-00 Man Cty promoted - Wimbledon relegated
00-01 Man Cty relegated
01-02 Man Cty promoted - Ipswich relegated 
02-03 WHU relegated
04-05 WHU promoted
07-08 Reading relegated
12-13 Leicester promoted

A bit of an up and down period for some clubs, especially Man Cty and WHU.

 

Interesting to note that in the first league after WW2 there were 5 clubs in Division 3 South that are now in the Premier:

 

Bournemouth
Brighton
Cardiff
Palace
Watford

17 minutes ago, maximuss99 said:

The long or short  of Totts financial status will spill out in the wash. in due course.

Presently from reports media wise and compounded from latest Club Totts report.  the club is now facing a debt of 637 mil quid  where end of June it was 366 mil quid.

with those figures it is clearly evident that Totts are in a financial meltdown

and the delay of opening the new stadium on time.is not helping their financial crisis at all.

Sure Old man Bahamas Joe and club chairman Daniel Levy will find a backdoor soloution.but it will come with a hefty price tag. not to mention the severe monetry restrictions which will be placed on day to day running of  the club which will only hamper any thoughts of winning the EPL etc etc 

Totts are in a pickle

 

I'll choose to focus on the 163m quid profit we made last season....funnily enough whilst playing at Wembley.

 

In addition the debt has a date of 2022 for repayment to begin in earnest.....don't see a meltdown here my little blue pal.

I’m struggling to see why someone like Nike would commit to a 15 year sponsorship deal with a club in a pickle or going down the pan, whatever the payment arrangement or am I missing something?

 

edit. My lot got 4 mil/year from Umbro. The writings on the wall ????

1 hour ago, owl sees all said:

A bit of an up and down period for some clubs, especially Man Cty and WHU.

My youth was tortured being a City fan. That's why we are extremely happy with our lot nowadays

2 minutes ago, mrbojangles said:

My youth was tortured being a City fan. That's why we are extremely happy with our lot nowadays

Ditto that ..........but clearly not as happy as you  ????

1 minute ago, Kadilo said:

Ditto that ..........but clearly not as happy as you  ????

 

Oh come on Kadilo....you love it at the fair....dodgems and rollercoasters. 

2 minutes ago, RonniePickering22 said:

 

Oh come on Kadilo....you love it at the fair....dodgems and rollercoasters. 

Supporting (hi Alfie) the Hammers is the biggest rollercoaster anyone could be on. 

 

You or anyone for that matter .can place the witch doctors spin on Totts present massive debt.

But it.s prevalent at this point of time . that Totts are unable to service that massive debt otherwise the figures shown from your club would certainly paint a better picture LOL

Tottenham seem to be paying the price for cutting corners with the stadium delay .

Instead of hiring one main contractor to oversee all the stadium building , they cut the main contractor out and dealt with sub contractors individually , which seemed to be cheaper at the time , but all the delays this had caused , will cost them more in the long run

7 minutes ago, sanemax said:

Tottenham seem to be paying the price for cutting corners with the stadium delay .

Instead of hiring one main contractor to oversee all the stadium building , they cut the main contractor out and dealt with sub contractors individually , which seemed to be cheaper at the time , but all the delays this had caused , will cost them more in the long run

There is a main contractor, mace no? 

4 minutes ago, BangrakBob said:

There is a main contractor, mace no? 

Seems that Mace are there in a reduced role , just as advisers and they just advise subbies what to do, rather than telling them what to do and when to do it 

31 minutes ago, Kadilo said:

Supporting (hi Alfie) the Hammers is the biggest rollercoaster anyone could be on. 

 

Why don't you call it supporting from a distance which would be more appropriate ????

1 minute ago, alfieconn said:

Why don't you call it supporting from a distance which would be more appropriate ????

Blimey. A bite already. If only fishing was always this easy ????

6 minutes ago, sanemax said:

Seems that Mace are there in a reduced role , just as advisers and they just advise subbies what to do, rather than telling them what to do and when to do it 

Direct contracts with the client are not that unusual, it should work if run properly. "If run properly" being the key I guess.

34 minutes ago, sanemax said:

Tottenham seem to be paying the price for cutting corners with the stadium delay .

Instead of hiring one main contractor to oversee all the stadium building , they cut the main contractor out and dealt with sub contractors individually , which seemed to be cheaper at the time , but all the delays this had caused , will cost them more in the long run

That is very interesting.

The buck stop.s with Levy. 

Who.s well known for breaking  deals   on  the bone. (such as this stadium)

Levy has no doubt, come a cropper.

His curse has placed Totts in a very delicate finiancial  postition or possibly going 

bankrupt if his creditors decide to pull the plug.

holding them up LOL