probably not.Are player sales part of "operations"? It wasn't obvious to me if they were or not.
I'm sure this has been done to death elsewhere, but does anyone have a clear idea of how much of the stadium has already been paid for and how much still needs to be paid for. I can see from those figures that we have spent a huge amount on infrastructure, but it's not clear how much of that is on the stadium and how much is the training ground etc.
Opposition fans constantly go on about how we're going to need to have a ten year period of austerity while we pay for our stadium, similarly to Arsenal's situation. It seems to me that we've been on a pretty austere spending regime for about ten years as it is. Do we know whether we've made a significant dent in the costs of the stadium already?
joke rules, ffp hasn't made much difference, they do what they want and find ways around it90% of City's funds are from the owners... How have they not been absolutely slaughtered by FFP rules already? Joke club.
Well according to those graphs Chelsea operating income is pretty minimal if I'm reading it right, unless that is net because they spend it all, I guess that might be the purchase of so many young players to then sell which would confirm what I always said that they run the player buying and selling as a seperate business nothing to di with the club's playing requirements.
The other thing that caught my eye was the total loan figure for Spurs over the last ten years is £148million which is some way less than the reported total cost of the stadium build.
Well according to those graphs Chelsea operating income is pretty minimal if I'm reading it right, unless that is net because they spend it all, I guess that might be the purchase of so many young players to then sell which would confirm what I always said that they run the player buying and selling as a seperate business nothing to di with the club's playing requirements.
The other thing that caught my eye was the total loan figure for Spurs over the last ten years is £148million which is some way less than the reported total cost of the stadium build.
I think the latest was that we had increased our limit on the revolving credit facility to £400m. I don't think we'll have a complete picture on the cost until a year's time when everything has been re-financed with long-term debt. I could be wrong though.Remember the last full financials we've had were up to june 2017. So the loans will be higher, think we got another £200m out late last year.
Our next full financials should be out in the next coulple of months so we should have a clearer idea then what the stadium has cost us.