Debt

[Cicada]

a lot of that debt it from the land purchases around the ground as far as i'm aware, so that'd 'stadium cost' already..

i think..

i don't really understand accounts

 

[Lilbaz]

They put how much debt each club has but not how much assets, cash etc... each club has.

Paying off £3m a year interest is really going to give Levy sleepless nights :roll: All in all looking pretty good. Big stadium and CL footy and we will be up there. Hope that we can sort out a good deal with the stadium build and don't get too much debt, but all good so far. Ignore the £33m profit though that was spent on Pav etc...

 

[DC_Boy]

yep - i'd be interested to know how much of that debt is in assets we've already bought around the ground

for sure they won't be worth much if the plan fails - but they'll be worth a bit

but maybe these properties are owned by a spurs-related company not THFC

i jes dunno either

 

[DC_Boy]

They put how much debt each club has but not how much assets, cash etc... each club has.

Paying off £3m a year interest is really going to give Levy sleepless nights :roll: All in all looking pretty good. Big stadium and CL footy and we will be up there. Hope that we can sort out a good deal with the stadium build and don't get too much debt, but all good so far. Ignore the £33m profit though that was spent on Pav etc...

surely pav's purchase is included in these or previous accounts

i would have thought the buying of kaboul for example, would have been the type of purchase not yet accounted for

may be wrong of course

 

[TheWaddler]

Spurs charge more than double for match day tickets than Sunderland do. Irrelevant comparison. Compare us to the scum, then work out whether a new stadium is worth it.

 

[gibbs131]

Spurs charge more than double for match day tickets than Sunderland do. Irrelevant comparison. Compare us to the scum, then work out whether a new stadium is worth it.

It has limited their spending/success on the pitch.

 

[fridgemagnet]

They put how much debt each club has but not how much assets, cash etc... each club has.

Paying off £3m a year interest is really going to give Levy sleepless nights :roll: All in all looking pretty good. Big stadium and CL footy and we will be up there. Hope that we can sort out a good deal with the stadium build and don't get too much debt, but all good so far. Ignore the £33m profit though that was spent on Pav etc...

Arsenal got about £40m from City for Adebyour and Toure i don't know how that affects things, that article is a bit odd in places, saying that Liverpool and UTD's figures mg:

 

[klink]

I'm dubious on the basis it says Arsenal turnover is above Manures.

 

[Samson]

It has limited their spending/success on the pitch.

Only in the context of Abramovich taking Chelsea into a completely false position. They are able to run a £120 million wage bill. Would they be doing that if they were still at Highbury?

 

[DogsOfWar]

It has limited their spending/success on the pitch.

I don't see how.

An extra 20,000 seats x 30 home games x £50 = £30 million.
I would assume that more than compensates for the repayments on the debt.

Plus they would have seen a 50% rise in the amount of pies/pints/programmes as extra match day revenue.

As a club they certainly aren't worse off for it.

 

[DogsOfWar]

I'm dubious on the basis it says Arsenal turnover is above Manures.

So am I unless it includes property sales on the Highbury development as Arsenal 'only' posted around a £200 million turnover last season.

And even then I would imagine that money would be treated as a separate entity by some shadowy holding company to either pay off the stadium debt or to be syphoned off into someone's pocket.

 

[danielneeds]

I'm dubious on the basis it says Arsenal turnover is above Manures.

The corporate money they take in is astounding now. So many movers and shakers pay thousands for boxes there. Plus they have the higher ticket prices than United.

 

[Samson]

So am I unless it includes property sales on the Highbury development as Arsenal 'only' posted around a £200 million turnover last season.

And even then I would imagine that money would be treated as a separate entity by some shadowy holding company to either pay off the stadium debt or to be syphoned off into someone's pocket.

It does include the flat sales, apparently.

 

[klink]

The corporate money they take in is astounding now. So many movers and shakers pay thousands for boxes there. Plus they have the higher ticket prices than United.

But in the worldwide and footballing sense they are dwarfed by united. As has been said above Arsenal's turnover includeds property sales. Outside of that I would have expected turnover at united to be double theirs.

 

[DC_Boy]

so that's two important things he's got wrong - the mystery about where our money is coming from and arsenal's turnover

as i say such major inaccuracies cast doubt on the whole analyses

 

[sim0n]

I think it's interesting that manUre types are all uptight over the club's debts to the point of open mutiny and you hear absolutely nothing from chelski fans regarding club debt when they have the largest pending debt in the premiership.

clearly a red herring for the manc wanks to obsess over... :roll:

 

[SlickMongoose]

I think it's interesting that manUre types are all uptight over the club's debts to the point of open mutiny and you hear absolutely nothing from chelski fans regarding club debt when they have the largest pending debt in the premiership.

clearly a red herring for the manc wanks to obsess over... :roll:

But Man Utd have to pay back their debt. Chelsea don't.

 

[ward1848]

Chelsea did a big debt for equity swap in the summer, no issue
So long as Roman stays and the retain CL footy

 

[Sp3akerboxxx]

football is buisness. debts can be hidden. our debt versus turnover looks a veritable dream investment.

 

[Sp3akerboxxx]

I think it's interesting that manUre types are all uptight over the club's debts to the point of open mutiny and you hear absolutely nothing from chelski fans regarding club debt when they have the largest pending debt in the premiership.

clearly a red herring for the manc wanks to obsess over... :roll:

the yanks took the loans with man yoo as collateral. chelski was bought outright by abramovich, so the debt is his alone.