- Dec 30, 2015
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Be realistic people. Until that stadium is paid for we won't be spending any money. We just have to hope we don't fall off a cliff in the meantime.
This argument doesn't really add up, because the stadium more than pays for itself. Extra seats, extra boxes, extra hospitality, third-party leasing of venue, NFL money, the new TV money: all that income is guaranteed over time, and is not dependent on team performance. (Financing could even survive relegation.)
Nor is it dependent on how Spurs itself is being run day-to-day. There is no imperative to hit profit targets in order to finance the stadium. I expect Spurs to be run the exact same in the next 5 years as in the last 5; a tight ship, modestly profitable, punching above its weight. Since we were never going to start spunking megabucks on Galacticos before the stadium, so I don't expect us to do it going forward either. So it's no change, not a worsening of the situation.