I was under the impression that we were balancing the books already?
Hasn't our spending been in the black for the last 5 ish years? I know wages will come out of this but still think we have been quite prudent with how we spend our cash.
Suppose that's where levy comes into his own.
Poch as well bringing through our youngsters that will save us cash in the long run.
COYS
Trust Levy. There isn't another Chairman I'd rather have at the helm for this sort of project. We don't need to spend big on players anyway with Poch bringing through the youngsters.
Nope he doesn't say that.Mauricio Pochettino says Tottenham's new stadium project leaves the club facing the same financial restrictions as those endured by rivals Arsenal after their move to the Emirates Stadium.
Read the full article at ESPN
We're balancing the books right now but this stadium is going to cost a fortune, more than we typically spend on players in multiple transfer windows. The best way to pay for it would be to bring champions league football to the Lane in its last season and the odd cup final wouldn't hurt. We need the bigger stadium, we won't be taken seriously among Europe's elite if in our home town the scum, Chelsea and West Ham all have bigger grounds. Long term with success it will pay for itself but the transition from a ground holding 36k and not seriously competing for the biggest trophies to a ground holding 61k and hopefully more regular silverware isn't easy.
Levy has said in the past that the finance for the stadium is in place and that it won't impact on the football side. Naming rights, sponsorship and affiliation to the NFL will bring in a hefty chunk, so on the whole I think the little baldy geezer has got it pretty well under control. As said previously, Poch is absolutely the right Manager during this period, and hopefully long afterwards as well.
Plus we are going to get double the TV revenue than we could have expected with the new deal atarting next season. That's an extra £50 million per season!!
I can live without a transfer budget so long as the players we have now don't start leaving because we're not increasing their wages to the appropriate level that suits their ability. We need to keep this team together.
That's a bit overboard.I still cannot believe the bullet we dodged with Van Gaal, if Man Utd did not come in and poach him we could be fighting against relegation this season instead of what we are doing.