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Are we now a big club and one of the worlds richest

fortworthspur

Well-Known Member
Nov 12, 2007
11,244
17,536
Think you’ve got your maths a bit wrong there mate- 5 years of 5% interest in a 400m loan would be £100m just on the interest, not £52m (5% of 400m is 20m per annum).

but you are paying down the principal from day one. so for year two for example the interest is computed on around 380 million and it goes down faster in later years. in year 5 you'd have less than 100 million of loan and interest would be very small.
 

kr1978

Well-Known Member
Aug 31, 2012
5,322
8,463
but you are paying down the principal from day one. so for year two for example the interest is computed on around 380 million and it goes down faster in later years. in year 5 you'd have less than 100 million of loan and interest would be very small.

Ah got you now-thought we were talking interest only loan (y)
 

SambaSpurs

Well-Known Member
Jun 30, 2013
422
2,024
Poch quotes from January:

"Of course we will be able to compete. With these facilities and the new stadium, Tottenham is going be different. A different club, a different reality, and everything is going to change.

"I hope and I wish it, because I think the fans deserve it and of course the club and the people that work here too.

"Tottenham is going to be one of the most attractive clubs in the world and with the capacity maybe to develop a more exciting or different project."

Arsenal went through years of austerity after moving to the Emirates Stadium in 2006 and have only begun to reap the rewards of the move in the last half a decade.

Pochettino would not put a timescale on when Spurs would begin to challenge their rivals but he warned: "In football sometimes you need to be patient and wait a little bit.

"It's impossible to run faster than you can and that is timing, it's time. It's time to finish the stadium, it's time to finish all the projects and the ideas that the club have, and of course every season the expectation is to win.

"We want to compete with the big clubs but the club needs time to become a club like United and Liverpool. I think we need time."
 

sak11

Well-Known Member
Aug 7, 2005
926
897
with regards to wages , I don't think any of us believe we can or should match utd/chelsea/city (top 3 highest) who have a total wage bill of £240M to £260M. (2017 figures) however we certainly need to do something.

Our total wage bill was @ £120M (6th highest) and to to put it in perspective the closest below us was Everton's at @ £106M and then West Ham @ £96M.
Above us was Liverpool at £200M and Arsenal @ £234M

Unfortunately some of what the pundits say is correct, there is going to be a time when we are going to have to start paying our players more when you consider that we are closer in total pay to those 2 teams below us than the ones we are actually competing against for the top 4 who are pretty much paying double what we are (rightly or wrongly).

Just shows what an amazing job the whole team are doing and how crazy money is in football
 

yido_number1

He'll always be magic
Jun 8, 2004
8,645
16,810
Reality is no matter what we do we can't compete financially with City and UTD unless we get a sugar daddy. We can probably grow to compete with Liverlol financially and maybe even chavski now abramovich is getting bored.
 

Wheeler Dealer

Well-Known Member
Jul 29, 2011
6,863
12,282
Reality is no matter what we do we can't compete financially with City and UTD unless we get a sugar daddy. We can probably grow to compete with Liverlol financially and maybe even chavski now abramovich is getting bored.
Reality is no matter what we do we can't compete financially with City and UTD unless we get a sugar daddy. We can probably grow to compete with Liverlol financially and maybe even chavski now abramovich is getting bored.
I think Abramovich is more worried about getting poisoned than getting bored
 

Mattspur

ENIC IN
Jan 7, 2004
4,885
7,257
No, we are not a elite club. To become an elite club you need continued success, in terms of winning competitions, over a long period of time within recent history.
 

pffft

some kind of member
Jul 19, 2013
1,527
5,540
Most clubs are not building a new stadium though.


Ball park


Hang on a minute...it's bad enough having a Yank egg-chasing field at the New Lane, and now you're telling me we're purpose-building our stadium for an it'sjustrounderswhichisagameforlittlegirls pitch as well? :eek:

Is there actually going to be a football pitch at the New Lane? Because I don't like American sports...they're all a bit crap. Actually that's not quite true- some of them are a lot crap.
 

Donki

Has a "Massive Member" Member
May 14, 2007
14,451
18,966
Big club yes, wealthy yes, elite absolutly nowhere near it. To say so out loud is laughable, I have said this a few times in the last month, to the disgust of some but we have a long way to go.

As for being able to pay our players £350k a week.......

tumblr_lozdsb0bKx1qbnd1c.gif
 
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DogsOfWar

Well-Known Member
Jan 12, 2005
2,292
3,603
We'll move into the second tier next year with the likes of Arsenal, Liverpool, Chelsea, Juve but we're not in the elite group with Real, Barca, City, United, Bayern yet. But at least that will allow us to pay the players enough to keep those who are generally happy here.

However, with off field earnings looking to increase significantly in the next couple of years in the shape of naming rights, NFL, flats, museum, sky walk, conferencing, concerts, whoring out the training ground/hotel etc it may not be long before we catch up with them financially.
 

rossdapep

Well-Known Member
Aug 25, 2011
21,905
78,641
I've always disliked it when clubs spend an obscene amount of money on players and I'd hate for our club to join the likes of city and United just throwing cash around. It's always more enjoyable watching players with potential turn into excellent players, like we did with Alli and Dier.

We will have to spend big of course but I'd hope it's very much in the mould of the Davinson Sanchez and Son acquisitions. Players who can be moulded and worked into the squad. I doubt that Poch will ever want to spend 100m and 300k on a player just to obtain a world class player, like what United did with Sanchez. Very happy that one isn't working out. Clubs won't learn from it though.
 

popstar7

Well-Known Member
Jan 14, 2012
3,036
9,367
No, we're not an elite club. In the here and now (leaving aside trophies, history, wealth, future potential) etc) the elite clubs are the one who can nearly always recruit the players they want and keep those players until they no longer want them. City, Barcelona and Madrid generally get who they want, whatever the cost, and don't sell anyone they don't want to sell. Difficult to see any of those teams being able to poach off each other either.

United, Bayern, Chelsea and Juventus are maybe a rung down on that measure. You could see their best players being tempted to join City/Barca/RM even if their clubs didn't want to sell. That's the elite to me, in practical terms at least.

From our point of view it means the first group could certainly attract our best players if they were interested. Maybe United too from the second group. In terms of buying, I imagine most players would choose these clubs over us even if salary and everything else were equal. Same for Arsenal or Liverpool - I think that's where we're competing at the moment. Vulnerable to losing our absolute best players but able to mostly retain who we want and competing for similar players in the market.
 

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
74,893
We'll move into the second tier next year with the likes of Arsenal, Liverpool, Chelsea, Juve but we're not in the elite group with Real, Barca, City, United, Bayern yet. But at least that will allow us to pay the players enough to keep those who are generally happy here.

However, with off field earnings looking to increase significantly in the next couple of years in the shape of naming rights, NFL, flats, museum, sky walk, conferencing, concerts, whoring out the training ground/hotel etc it may not be long before we catch up with them financially.

Juve are an elite team.
 

hellava_tough

Well-Known Member
Apr 21, 2005
9,429
12,382
If you're in the top 20 professional clubs out of 2000+ in the world, then you're an 'elite' club

But I know what the OP means

Basically we're the next tier down from Real, Barca, Man City, Man Utd (ordinarily), Bayern, Juventus, PSG...think that's it
 

Donki

Has a "Massive Member" Member
May 14, 2007
14,451
18,966
If you're in the top 20 professional clubs out of 2000+ in the world, then you're an 'elite' club

But I know what the OP means

Basically we're the next tier down from Real, Barca, Man City, Man Utd (ordinarily), Bayern, Juventus, PSG...think that's it

I wouldn't define that as elite thou, you can't compare us to what other clubs have won in terms of silverware.
 

DFF

YOLO, Daniel
May 17, 2005
14,225
6,090
I think a lot of fans will be miffed if we don’t start to close the wage gap, even if it’s a little bit, to Liverpool and Arsenal.

Fans will be paying an even bigger premium than they already did, and I think they’d like to see at least a portion of that going towards the end product on the pitch.
 

WexfordTownSpur

preposition me arse
Aug 2, 2007
2,615
653
250-300k per week is obscene and it is time for a wage cap worldwide for the sake of the sport.

Even capped at 200k is obscene and if you are not happy with that as a wage for playing a sport you need to have a long hard look at yourself as it means you are a greedy fecker.

That equates to 104 million over a 10 year career insane figures
Problem is some players in Spain earn that a year. Until there is a world cap rich teams would just outpay us and we would end up like the Dutch league in about 3 years. But I do agree with you in principle.
 

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
74,893
I think a lot of fans will be miffed if we don’t start to close the wage gap, even if it’s a little bit, to Liverpool and Arsenal.

Fans will be paying an even bigger premium than they already did, and I think they’d like to see at least a portion of that going towards the end product on the pitch.

Which is silly we're well run and liverpool and arsenal both pay massive wages for average players.

I'd like to tie down some players to new contracts and bring in a couple of quality additions in the summer. But paying off any high interest debt on the stadium is important as well.

I'd have preferred the season ticket prices to be cheaper and maybe a couple of cup games chucked in. Are we really going to sell out a 3rd round cup game to a non prem team?
 

DFF

YOLO, Daniel
May 17, 2005
14,225
6,090
Which is silly we're well run and liverpool and arsenal both pay massive wages for average players.

I'd like to tie down some players to new contracts and bring in a couple of quality additions in the summer. But paying off any high interest debt on the stadium is important as well.

I'd have preferred the season ticket prices to be cheaper and maybe a couple of cup games chucked in. Are we really going to sell out a 3rd round cup game to a non prem team?

You are talking past me. Of course people aren’t talking about overpaying average players, and of course they are talking about locking down our best players to improved contracts and making valuable additions to the team.
 
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