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Spurs Figures & Chairmans Statement

Stoof

THERE IS A PIGEON IN MY BANK ACCOUNT
Staff
Jun 5, 2004
32,219
64,273
Hi Stoof :) - What's IP?

In traditional business accounts, intangible assets cover things like Intellectual Property (branding: trademarks, copyright [and patents! - not sure Spurs have invented anything!] and Goodwill built up since trading began.

AG has more of an understanding than my piddling about, so was just checking. I wanted to see if we had any sort of value on the 'Tottenham' brand. (It's just a thing I'm into; and eventually want to practise in).
 

DC_Boy

New Member
May 20, 2005
17,608
5
In traditional business accounts, intangible assets cover things like Intellectual Property (branding: trademarks, copyright [and patents! - not sure Spurs have invented anything!] and Goodwill built up since trading began.

AG has more of an understanding than my piddling about, so was just checking. I wanted to see if we had any sort of value on the 'Tottenham' brand. (It's just a thing I'm into; and eventually want to practise in).

Cheers Stoof :)
 

hashmander

Member
Oct 16, 2006
164
23
I think you'll find that our profit before tax at about £27 million is about five times the equivalent figure for Arsenal. The figure they broadcast to the world was their operating profit, which is before interest payments. Their pre-tax profit was about £5 million which they kept quiet about, because it shows they are still on a knife edge and a year without CL football would still be a disaster. This is why they had such a motive (and the opportunity) to poison our players 18 months ago, though that is all water under the bridge (or down the drains) at this stage.

Against that, We have declared a dividend for the first time in about twenty years, and our tax bill will be considerably higher than Arsenal's because of our bigger profits, so the difference in what each club retains will be less.
arsenal had to pay a one-off fee of 21.4m for restructuring their loan to those really low rates they have now (lowers the debt service from 32m annually to 20m).

the "Profit before tax and exceptional items" (again, exceptional item being the one-off charge for restructuring their loan) was 26.9m. the "Profit before tax after exceptional items" is what's 5.6m. and that was more on an accounting method that doesn't affect what they have in the bank and going forward since it was a one-off.
 

striebs

Well-Known Member
Mar 18, 2004
4,504
667
Great news for the share holders and the taxman

A royal f3ck up the arse for the fans .

Dividend gimmick just goes to show Tottenham Hotspur are a business rather than a football club , Burkinshaw was perceptive .

The surplus shows the bastards could have afforded a central defender and central midfielder after all .

What ambition .
 

Bus-Conductor

SC Supporter
Oct 19, 2004
39,837
50,713
Great news for the share holders and the taxman

A royal f3ck up the arse for the fans .

Dividend gimmick just goes to show Tottenham Hotspur are a business rather than a football club , Burkinshaw was perceptive .

The surplus shows the bastards could have afforded a central defender and central midfielder after all .

What ambition .

As a fan, have you not enjoyed finishing fifth two years running ? or last years good cup runs ? or the vastly improved quality of football we have been playing the last 3 years ?
 

striebs

Well-Known Member
Mar 18, 2004
4,504
667
As a fan, have you not enjoyed finishing fifth two years running ? or last years good cup runs ? or the vastly improved quality of football we have been playing the last 3 years ?

Of course I have . The board deserve some credit as does Martin Jol , Robbie Keane , Dawson and even Robbo .

Just preferred it when people did not become directors of football clubs for how it would benefit their bank balance but rather despite how it would erode their bank balance .

If they hadn't stated their aim of getting 4th place this season then I'd not have criticised them for failing to plough more of the surplus into players .
 

camaj

Posting too much
Aug 10, 2004
8,195
883
Just preferred it when people did not become directors of football clubs for how it would benefit their bank balance but rather despite how it would erode their bank balance .

I don't think it's going to help their bank balance much, it's the clubs money not theirs, they can't just divvy it up and buy another house. They'd probably make more money by doing a good job, raising share prices, and then selling out.

It IS good news for the fans, if the club has more money they can buy better players but more importantly, it could secure investment from other parties for new stadium plans.
 

SpurSince57

Well-Known Member
Jan 20, 2006
45,213
8,229
When have 'they' ever stated that 4th was an aim for this season? That's an assumption that came up because of RamosGate. Jol said that the expectation was that the team would challenge the 'Big Four'; there's a world of difference between challenging and breaking into. As far as I'm aware, he's the only person who matters who's made a pulic statement on the matter.

If achieving 4th had been the aim we would have seen different players brought in this summer, or a couple of experienced ones on top of those that we did sign; since we didn't do that, the assumption has to be either that the goalposts haven't been moved, or that Levy took it into his head to move them at the end of the transfer window, in which case he's a total idiot. Which is the more likely of those possibilities?
 
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