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AberdeenYid

Well-Known Member
Oct 18, 2006
450
874

£33k wasn’t it? Apparently only to cover the costs for extra security and maintenance staff, but I’m sure we could have just let that slide on this occasion.

One thing though, I very much doubt that this got as far as Levy to decide who was getting charged and how much. Pretty sure he’s not checking every outgoing invoice.
 

BringBack_leGin

Well-Known Member
Jul 28, 2004
27,719
54,929

Maybe you should also post Spurs response to private eye’s half baked attempt at a slanderous story, otherwise it becomes a dangerous damaging rumour:

Here’s the Spurs web plagiarising the telegraph:



“Any costs paid by Haringey were those paid to third-party suppliers and no costs whatsoever have been passed to any charitable organisation involved in this project.

“The third-party costs were requested by Haringey as additional services. The club did not pass on any costs which it itself incurred and covered several other costs too.”
 

spursfan77

Well-Known Member
Aug 13, 2005
46,680
104,957
£33k wasn’t it? Apparently only to cover the costs for extra security and maintenance staff, but I’m sure we could have just let that slide on this occasion.

One thing though, I very much doubt that this got as far as Levy to decide who was getting charged and how much. Pretty sure he’s not checking every outgoing invoice.

Fuck that. I would of charged them double or triple. The council have been nothing but a hinderance to the club over the stadium etc.
 

wrd

Well-Known Member
Aug 22, 2014
13,603
58,005
I thought we had passed through the period of football clubs being the bad guys of the pandemic.
 

AberdeenYid

Well-Known Member
Oct 18, 2006
450
874
So after the initial “horror” of the Headlines, it appears that the council took in extra staff to cover their own operation and the company they took extra staff from invoiced the council?

The only way we are connected with this is that it happened in a club facility we gave the council for free. Is this all correct?

If so, what a spectacular story. ?
 

Locotoro

Prince of Zamunda
Sep 2, 2004
9,392
14,050
Fair point. But always nice to have them on side in case we need anything from them in the future.
With the greatest of respect to anyone working with a council - the modern incarnation of a local council is a financial black hole and their focus in dealing with large companies is "how can we get money from them" not "how can we help them".
 

RichieS

Well-Known Member
Dec 23, 2004
11,916
16,436
The most recently published accounts (up to end of June 2019) show a profit of £68,552,000 with £123,484,000 "cash" on hand.

Since then we have net spent €119,800,000 (£108,126,000 at today's exchange rate) on players according to Transfermarkt and sacked the previous management team.

19/20 TV income should be much the same as 18/19 (about £150m). UEFA prize money will be significantly down from 18/19's £93,963,000 for obvious reasons and match receipts will likely go down in comparison to the previous £81,675,000 (we'd played 22 home games before lockdown - I doubt we were making c.£4m per match). The other main income stream is the nebulous concept of commercial revenue, which stood at £135,159,000 in 18/19 but, again, you'd expect a significant drop this year. I reckon total income might have decreased from 18/19's £460m to c.£350m, possibly even lower.

The 18/19 accounts show that it cost £360m to run the club that season, although that includes renting Wembley and finishing off the new stadium (which must account for a fair bit of the £115m filed under "other operating costs"). It doesn't however include repayment of any of the money borrowed to finance the stadium (although there were £25m "finance" costs which I think was paying off some other loan(s)).

To my mind, it's really not hard to understand why things are a bit ? at the moment, even if "we seem to be the only club that's affected", as I read in one of the transfer threads.

Actually, on this last point, we're clearly not. Surprise, surprise, Chelsea and Man City are signing players as though nothing has happened. No-one else has done anything of note across the entire PL! Arsenal are about to sign Gabriel but would anyone be surprised if they ended up selling Aubameyang (still no new contract) and/or Lacazette to balance the books? That money's not coming out of Kroenke's pocket, I'll tell you that much!
 

KlinsmansCoughMixture

Well-Known Member
Aug 10, 2004
90
279
Anyone else feel embarrassed by our owners today? While our rivals are announcing the arrival of new signings to continue to compete in the football arena and potentially close the gap to the title. Our glorious leaders have spent the day baiting Chelsea with a billboard and advertising our sky walk. It’s embarrassing!

It concerns me that the Supporters Trust have recently had to remind ENIC that they are running a football club and not an entertainment outfit. Their priorities are clearly not on the field and I think the Trust has every right to ask about this. Its concerning.

Look I appreciate that the club may not have had complete control over the timing of that billboard but surely they have creative control over the amazon documentaries output as a whole. All or nothing is already laughable, as we know the answer. We put up a billboard and Chelsea continue to polish their trophies.

Allegedly the eighth richest club in the world cannot afford to sign new recruits without first selling. Its just baffling. I just feel like we’re all being led a merry dance and most seem quite happy to follow.
 

SandroClegane

Well-Known Member
Jun 27, 2012
3,717
13,842
Good thing you started another thread about ENIC because there already wasn't a place for people to bitch about them...

You realize business operations and the football side of things are separate operations, right? They're not mutually exclusive. You're probably one of those people that thinks because a player posts a pic on instagram they're not training hard enough.
 

DiVaio

Well-Known Member
May 27, 2020
4,177
17,419
Anyone else feel embarrassed by our owners today? While our rivals are announcing the arrival of new signings to continue to compete in the football arena and potentially close the gap to the title. Our glorious leaders have spent the day baiting Chelsea with a billboard and advertising our sky walk. It’s embarrassing!

It concerns me that the Supporters Trust have recently had to remind ENIC that they are running a football club and not an entertainment outfit. Their priorities are clearly not on the field and I think the Trust has every right to ask about this. Its concerning.

Look I appreciate that the club may not have had complete control over the timing of that billboard but surely they have creative control over the amazon documentaries output as a whole. All or nothing is already laughable, as we know the answer. We put up a billboard and Chelsea continue to polish their trophies.
"Our glorious readers" probably doesn't have a clue about it when it's Amazon advertising

Allegedly the eighth richest club in the world cannot afford to sign new recruits without first selling. Its just baffling. I just feel like we’re all being led a merry dance and most seem quite happy to follow.
Please, can we stop this bullshit about eigth richest club? And I think it was already said 10 times by media or ITK here it's not that we can't afford buying without selling but issue with limit of HG players...
 

RichieS

Well-Known Member
Dec 23, 2004
11,916
16,436
Anyone else feel embarrassed by our owners today? While our rivals are announcing the arrival of new signings to continue to compete in the football arena and potentially close the gap to the title. Our glorious leaders have spent the day baiting Chelsea with a billboard and advertising our sky walk. It’s embarrassing!

It concerns me that the Supporters Trust have recently had to remind ENIC that they are running a football club and not an entertainment outfit. Their priorities are clearly not on the field and I think the Trust has every right to ask about this. Its concerning.

Look I appreciate that the club may not have had complete control over the timing of that billboard but surely they have creative control over the amazon documentaries output as a whole. All or nothing is already laughable, as we know the answer. We put up a billboard and Chelsea continue to polish their trophies.

Allegedly the eighth richest club in the world cannot afford to sign new recruits without first selling. Its just baffling. I just feel like we’re all being led a merry dance and most seem quite happy to follow.
Literally the last post in the already extant ENIC thread is my layman's attempt to get my head around this summer's situation based on the most recent set of accounts. You might find it useful.
 
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