New Stadium Details And Discussions

[L.A. Yiddo]

Love the pic 3rd down here.

http://www.dailymail.co.uk/sport/fo...r-4-0-Stoke-City-Harry-Kane-scores-three.html

 

[neilp]

Love this pic.

That's a great pic but those lazy fuckers on the roof should be getting on with some work.

 

[RichieS]

Interesting i always thought a Caribao was a moose type thing, so the milk cup is now the mousse cup

That's a Caribou.

 

[Lilbaz]

That's a Caribou.

It's a fucking reindeer.

 

[worcestersauce]

I am reliably informed that while the build goes ever upwards the plumbing and other utility infrastructure is now underway at basement and ground level.
I don't really understand the full importance of this but I'd guess it tells us that a significant landmark along the project line has been reached successfully allowing a new phase to begin.

 

[Bulletspur]

I am reliably informed that while the build goes ever upwards the plumbing and other utility infrastructure is now underway at basement and ground level.
I don't really understand the full importance of this but I'd guess it tells us that a significant landmark along the project line has been reached successfully allowing a new phase to begin.

Makes sense as that is what I thought would happen. I wouldn't expect the them to finish the structure before start working on the plumbing wiring and the likes, where I again am assuming is going to be very time intensive

 

[fridgemagnet]

Makes sense not to bolt the khazi's down until you've got a floor to bolt them to...

 

[L.A. Yiddo]

I am reliably informed that while the build goes ever upwards the plumbing and other utility infrastructure is now underway at basement and ground level.
I don't really understand the full importance of this but I'd guess it tells us that a significant landmark along the project line has been reached successfully allowing a new phase to begin.

Yep that's well underway, you can see it here (click to enlarge):

 

[Mr.D]

Yep that's well underway, you can see it here (click to enlarge):

That is a shitload of unistrut.

 

[L.A. Yiddo]

That is a shitload of unistrut.

Haha very true. Let's hope Crouchy doesn't park down there too often in the future

 

[thebenjamin]

Dose of reality from Daniel Levy in that US documentary:

"Everybody thinks just because you have a bigger stadium you get more revenue and you'll have lots more money,"

"But when you're spending this amount of money on a stadium we'll have a lot of debt we will have to repay.

"Over the medium to long term it gives you greater financial security and also as a player if you're playing for a big club you want to play in a big stadium."

Realistically how long are we looking after the stadium's built that we'll be actually able to compete financially with the top clubs? 5 years?

 

[For the love of Spurs]

So where is the running track in our new stadium?

 

[For the love of Spurs]

Dose of reality from Daniel Levy in that US documentary:

"Everybody thinks just because you have a bigger stadium you get more revenue and you'll have lots more money,"

"But when you're spending this amount of money on a stadium we'll have a lot of debt we will have to repay.

"Over the medium to long term it gives you greater financial security and also as a player if you're playing for a big club you want to play in a big stadium."

Realistically how long are we looking after the stadium's built that we'll be actually able to compete financially? 5 years?

Guess it depends on the sponsorship, if our financing is say £500 million (build cost + interest) and we get £400 million sponsorship for the stadium then most is covered from the get go and the extra 20,000 people per game plus NFL can go straight away into our transfer/wage pot.

The difference between the cost and sponsorship hopefully will be small enabling a small time frame but who knows but Levy.

 

[C0YS]

Dose of reality from Daniel Levy in that US documentary:

"Everybody thinks just because you have a bigger stadium you get more revenue and you'll have lots more money,"

"But when you're spending this amount of money on a stadium we'll have a lot of debt we will have to repay.

"Over the medium to long term it gives you greater financial security and also as a player if you're playing for a big club you want to play in a big stadium."

Realistically how long are we looking after the stadium's built that we'll be actually able to compete financially? 5 years?

Currently our match day income is £40m, Arsenal is top with £100m and Chelsea have £75m. I suspect we will be looking to at least double our income, largely this should come from the corporate seats/things. We should also get some money from events, sponsorship and whatnot, but I dont know if costs of running a stadium are included in that 40m figure. I suspect that to break even on the stadium it will take us 5 to 10 years, to claw back the money, while still being able to maintain a similar spending structure as now.

Having said that the stadium has another advantage. Which is it allows us to push more financially without worry of breaching the financial fair play rules.

 

[djw1973]

With the ''NFL' pitch we can host all sorts of events. I would expect us to try and maximize the NFL revenue for those matches and any future proposed franchise. You can see the impact on revenue that a new stadium makes regarding NFL money to the Dallas Cowboys:

http://uk.businessinsider.com/cowboys-stadium-nfl-revenue-2014-12?r=US&IR=T

 

[worcestersauce]

Dose of reality from Daniel Levy in that US documentary:

"Everybody thinks just because you have a bigger stadium you get more revenue and you'll have lots more money,"

"But when you're spending this amount of money on a stadium we'll have a lot of debt we will have to repay.

"Over the medium to long term it gives you greater financial security and also as a player if you're playing for a big club you want to play in a big stadium."

Realistically how long are we looking after the stadium's built that we'll be actually able to compete financially with the top clubs? 5 years?

Or maybe he is still in negotiating mode, he is hardly likely to say "wow once we get our new stadium we will have loads more money to spend on transfer fees"

 

[longtimespur]

I like the idea of the supporters spending all day at the NFL games in the USA. Perhaps Levy is hoping for us UK fans doing something similar for our home games. Thus increase revenue and slow down the exodus after the game.

 

[davidmatzdorf]

Dose of reality from Daniel Levy in that US documentary:

"Everybody thinks just because you have a bigger stadium you get more revenue and you'll have lots more money,"

"But when you're spending this amount of money on a stadium we'll have a lot of debt we will have to repay.

"Over the medium to long term it gives you greater financial security and also as a player if you're playing for a big club you want to play in a big stadium."

Realistically how long are we looking after the stadium's built that we'll be actually able to compete financially with the top clubs? 5 years?

Guess it depends on the sponsorship, if our financing is say £500 million (build cost + interest) and we get £400 million sponsorship for the stadium then most is covered from the get go and the extra 20,000 people per game plus NFL can go straight away into our transfer/wage pot.

The difference between the cost and sponsorship hopefully will be small enabling a small time frame but who knows but Levy.

A very substantial part of the answer to "how long are we looking after the stadium's built that we'll be actually able to compete financially with the top clubs" depends on something unconnected to sponsorship or footballing affairs.

It depends on whether they can build and sell the 500 flats before the London property market does one of its periodical crashes. I'm sure the housing receipts will be used to reduce the debt. And it's a big factor, especially if they have to sell when no one's buying.

 

[Pellshek]

I don't take Levy at his word here at all. In truth, he's not concerned about the fundamental viability of the financing; rather, he's concerned about wringing every last penny of value out of how that financing is organised. Not the same thing.

 

[worcestersauce]

If I'm a player looking at this I am thinking wow Spurs are going places, new bigger fantastic stadium, higher profile and increased revenue they really are ambitious for success so I am sticking around or Yes I will sign for the club.
Then I read something like that from the chairman and straight away I think right ok, so not yet then and in that case I will go to another club, one that wants success during my career and not after I retire.