New Stadium Details And Discussions

Drink!Drink!

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....and I wouldn't be particularly interested in that anyway. I like the idea of the club being able to compete for high potential rather than 'Neymar' style transfers. But let's see, this summer will be very telling as to what we can and can't do. If the same excuses are churned out then I imagine it's not making enough of a difference just yet.
I like that it is sustainable...solid....real...not financial doping.

One thing I guess you can't put a money value on...is the prestige side of the stadium. It LOOKS like the stadium an elite club, who ain't going away, and should help in building our reputation even more, and so help in attracting up and coming talent.
 

Lighty64

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No, I was on the site between 8.30-8.45 and the wheel came up and then let me in but with no ticket information, when I refreshed just after 9 it took me back to the donut and they haven't moved in ages.
it wasn't meant to open till 10am
 

Saoirse

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I used to get the train from Cambridge station but used Whittlesford parkway yesterday since they increased the parking cost in Cambridge station. The train to Liverpool Street takes you to WHL station. I pre book the tickets from the trainline.com for £7 each way so not too bad really. Not that there were any ticket checks on the way there mind, I did get checked on the train back though.
Thanks for the advice. I’ve booked the train for the Palace game from Cambridge North direct to Tottenham Hale which came in at £12 each using train line. I’ll just have to see how it goes I suppose. Thanks again
Be aware that all trainline does is offer you the exact same tickets as everywhere else on a slightly prettier webpage and then charge you a booking fee. If you just go through national rail or any of the train companies you'll get the same ticket a quid or so cheaper.
 

wrd

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it wasn't meant to open till 10am
Yeah I was just trying to get in the queue at the earliest opportunity. I mean, I was on so early that the wheel came up and let me into the site at some points but after clicking it took me back. I had different browsers open so I could get in the queue at different times in-case I was too early.
 

Lighty64

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Yeah I was just trying to get in the queue at the earliest opportunity. I mean, I was on so early that the wheel came up and let me into the site at some points but after clicking it took me back. I had different browsers open so I could get in the queue at different times in-case I was too early.
because I have to purchase mine via the disability section, I don't have to use the doughnut of death. just glad Ive unlimited minutes after 104 ring tones to then go to a voice message I was getting a little worried, as there aren't that many tickets available. got through on attempt 105 North stand
 

Coyboy

The Double of 1961 is still The Double
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Did anyone go to 7 Sisters on the way home? Even in old stadium I usually went back that way as preferred walking up High Road than queuing. There was hardly ever a queue at tube station.
 

wrd

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because I have to purchase mine via the disability section, I don't have to use the doughnut of death. just glad Ive unlimited minutes after 104 ring tones to then go to a voice message I was getting a little worried, as there aren't that many tickets available. got through on attempt 105 North stand
Ah see when I saw you say you got tickets, I was mystified as you seemed the only person out of every1 but kudos to you. I do think there's validity on them withholding tickets until tomorrow.
 

mil1lion

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Be aware that all trainline does is offer you the exact same tickets as everywhere else on a slightly prettier webpage and then charge you a booking fee. If you just go through national rail or any of the train companies you'll get the same ticket a quid or so cheaper.
Thanks I never knew that. Thought they all had a booking fee. It's only 75p mind.
 
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Did anyone go to 7 Sisters on the way home? Even in old stadium I usually went back that way as preferred walking up High Road than queuing. There was hardly ever a queue at tube station.
I've a kinda similar question to yours, I've flights and train booked for my son and me for the Everton game ,the train is from Stansted to Tottenham Hale.I realise you can get the tube to seven sisters then overground to WHL, looking on Google maps it looks about the same distance to the lane from both Tottenham Hale and seven sisters, is it ? and if it is would any of you advise for/against walking the journey ?
 

coys200

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Now this is the kind of hard information about borrowing and revenue that we need, not rampant speculation and bald statements about how we won't be able to buy any players for a decade. I don't know how much of this is from the public domain, how much is inside info and how much is speculation, but it reads well and it's consistent and un-spun.

My only major criticism of the article is that it ignores the impact of Phase 3 of the development: the housing and the hotel. The direction and magnitude of that impact is unknown at present, as it depends largely on where the housing market goes in the next few years, as well as on how the club decides to procure the residential development. Still, they should at least have touched upon it.
If you’re on twitter @charlesrich82 is excellent on financials. He actually had the £50m figure months ago. I think phase 3 will be a lot less intertwined with the football finances and be seen as almost a separate project. That was the mistake Arsenal made developing Highbury at same time.
 

davidmatzdorf

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Without a doubt an investment that secures our place within the football elite

However this is not the same as suddenly getting oil money. From that article it suggests about 7-8m per year additional income available for spending after mortgage payments. Add in naming rights...probably around 20m per year....let’s be generous and round up. That is an extra 30m per year for the football team.

Helps us keep up on wages. Doesn’t mean we will be able to offer any crazy transfer fees.
....and I wouldn't be particularly interested in that anyway. I like the idea of the club being able to compete for high potential rather than 'Neymar' style transfers. But let's see, this summer will be very telling as to what we can and can't do. If the same excuses are churned out then I imagine it's not making enough of a difference just yet.
The significance of the increased turnover is in wages, not transfer fees. A well-run club (and FFP) would require wages not to exceed 52%-55% of turnover. Obviously, a big increase in our turnover will raise the ceiling of our overall salaries bill.

But the significance of the article that @ValenciaYid linked earlier is that our repayments on the capital cost should be manageable within our increased turnover. That's unlikely to result in increased transfer fees across the board, but it does signify that the new stadium won't reduce or harm our ability to compete in the transfer market, compared to our status over the past few years.

We don't blast huge transfer fees about because it isn't the club's primary policy for player recruitment. Not because we can't, because we don't. When there's an expensive player whom Pochettino and Levy think has potential for improvement and the right character, we pay: Aurier, Sanchez and Sissoko being the obvious examples.

I'm not expecting any major changes to transfer policy as a result of the new stadium, not for years and not as long as we are managed by Pochettino. But I am looking forward to being able to retain key players by offering competitive salaries.
 
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davidmatzdorf

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If you’re on twitter @charlesrich82 is excellent on financials. He actually had the £50m figure months ago. I think phase 3 will be a lot less intertwined with the football finances and be seen as almost a separate project. That was the mistake Arsenal made developing Highbury at same time.
The biggest mistake Arsenal made was bad timing! They marketed the flats at Highbury right into the teeth of the financial crash. Buyers had deserted the market and their anticipated capital receipts didn't materialise for 1-2 years after they had expected, which delayed their ability to refinance their residual stadium debt. I live locally and I work in housing development, so I'm familiar with what went on.

I agree that our Phase 3 will be procured as a separate project - the fact that it doesn't even have detailed planning consent says as much - but the club will still be looking toward its share of the profits on the housing to reduce the residual debt on the stadium. They just won't be counting exclusively on it. Once burned, etc.
 

heinsmit

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Aug 1, 2013
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The significance of the increased turnover is in wages, not transfer fees. A well-run club (and FFP) would require wages not to exceed 52%-55% of turnover. Obviously, a big increase in our turnover will raise the ceiling of our overall salaries bill.

But the significance of the article that @ValenciaYid linked earlier is that our repayments on the capital cost should be manageable within our increased turnover. That's unlikely to result in increased transfer fees across the boardm, but it does signify that the new stadium won't reduce or harm our ability to compete in the transfer market, compared to our status over the past few years.

We don't blast huge transfer fees about because it isn't the club's primary policy for player recruitment. Not because we can't, because we don't. When there's an expensive player whom Pochettino and Levy think has potential for improvement and the right character, we pay: Aurier, Sanchez and Sissoko being the obvious examples.

I'm not expecting any major changes to transfer policy as a result of the new stadium, not for years and not as long as we are managed by Pochettino. But I am looking forward to being able to retain key players by offering competitive salaries.
If you assume that the club was putting some of its operating cash flow from the last few years into investing equity in the stadium (the proportion not financed by debt), then in fact that is additional transfer funds that will be available vs. recent years. I haven't looked into how much the club borrowed vs. the total project cost however, so this could be minimal
 
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