Spurs financesPremier
League Tottenham Hotspurby Patrick Bateman (U13792824) 18 April 2010
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Lots of rival fans go on
about the state of our finance, our spending, etc. So here are some
facts you can point them at when they make these ignorant claims:
Summary:
--------
In
terms of wage bill, we come out at around 60m-70m/year.
Average
spend is around 10m per year.
Our revenues are the fifth highest in
the league (120m)
So whereas our net spend is 70-80m on average,
this does not even match Liverpool's wage bill before ANY spending.
Forget about Arsenal, Man U or Chelsea.
We also have no net debt
to service.
Another thing to bear in mind. When you buy a player
for say 10-15m and he turns out to be bad, you can normally sell on and
recoup some of that cash. If in the meantime, he's earning 5-6m a year,
that's cash out the door that simply won't happen at Spurs. A lot of
ours earn 1-3m per year.
Wage bills 07-08
----------
Chelsea
£172m
Man United £121 m
Arsenal £101m
Liverpool £90m
Newcastle
£74m
Premier League average £59m
www.telegraph.co.uk/sport/fo...
Man
City are now in the 125m bracket, whereas we are still in the 60-70m
bracket.
Net spending
------------
Then look at net spend
from 92-2010. Our net spend is 11m per year.
This doesn't include
the 8m we have paid for Sandro nor the 30m of players that I believe
Arry will offload, so that average spend will drop for us.
That
is less than Chelsea, Man C, Liverpool.
transferleague.co.uk/
Revenues
--------
www.sportspromedia.com/notes...
Spurs:
€132.7 million.
Chelsea €242.3 million
Arsenal €263 million
(note
that Arsenal's match day takings are 117m Euros - impressive and
highlights the need for a new stadium - would generate us an extra 20m
per year + naming rights)
We can expect higher revenues if we are
in Europa or CL and put a decent run in. Even so, without that we
generate £120m/year, which is WELL within our means!
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comment by
SelwynSpur
(U11786987)
posted 2 Weeks AgoNicely put!
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comment by
Patrick
Bateman (U13792824)
posted 2 Weeks AgoSelwyn,
thanks. Just borrowing one of your posts to dispute the Arry destroys
clubs argument also. Now I can bookmark this post and send idiots here
to have a read!
-----------------
Regarding Harry
Redknapp:
WEST HAM:
- He made a net profit from transfers of
£14.71m.
- He left the club in 2001.
- Since then, the club has
had five managers, spent more than they have sold (including a net
spending of £25m over the 2006/7 season) and the club have been sold
twice.
- Their debts are largely the result of mismanagement by their
Icelandic owners (who took over in 2006), compensation from the Tevez
affair, and their shirt sponsor going bust:
http://www.guardian.co.uk/football/2009/sep/03/west-ham-financial-crisis-37m-loss
SOUTHAMPTON:
-
The club's building of a new stadium, well before Redknapp arrived,
left them with a £27.5m debt.
- He was at the club for 13 months
-
I believe he made only one paid-transfer in his time at the club,
signing Nigel Quashie for £2.1m. Other deals were either loans (Henri
Camara; Calum Davenport) or free signings of player short-term contracts
(Jamie Redknapp; Olivier Bernard). At the same time, he sold James
Beattie for £6m.
BOURNEMOUTH:
- Financial problems stem from
crowd violence that a) landed them with a whopping-great fine and b)
meant they were banned from playing home games on Bank Holidays, which
are a major source of income.
Other managers who have also
arrived at 2+ clubs that later entered major financial difficulties /
administration?
1) Tony Pulis (Bournemouth, Gillingham,
Portsmouth)
2) Glenn Roeder (West Ham, Gillingham, Watford, Norwich)
3)
Gordon Strachan (Coventry City, Southampton)
4) Iain Dowie (Crystal
Palace, Charlton Athletic)
5) Peter Taylor (Leicester, Gillingham,
Crystal Palace)
6) Terry Venables (Spurs, Crystal Palace)
7) Alan
Pardew (West Ham, Charlton Athletic)
![Cool](https://2img.net/i/fa/i/smiles/icon_cool.gif)
Alan Curbishley (Charlton
Athetic, West Ham)
9) Dave Bassett (Watford, Crystal Palace,
Leicester, Southampton)
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comment by
U14237738
posted 2 Weeks AgoThere's a
Times chart on the 2008/9 wages. Villa's wages have surged to 70m, ours
increased to around 60m. City's will be astronomical next season.
In
our most recent financial interim report (up to December 2009), our
wages increased slightly since we added more players in the summer but
total operations expenses actually decreased.
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comment by
SelwynSpur
(U11786987)
posted 2 Weeks AgoNo problem! Enjoy!
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comment by
divin
dissin darren - Harry for PM (U10966690)
posted 2 Weeks AgoHow much
do we make on the DVDs?
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comment by
SelwynSpur
(U11786987)
posted 2 Weeks AgoDDD:
I think the DVDs are
normally about £9.99. DVDs are pretty cheap to produce, so we can
expect a large profit from them. No idea how many we sell.
The
Robin van Persie action figure is £12.00, but might be a bit costlier to
manufacture. The other downside is that it's only available for half
the season...
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http://onlinestore.arsenal.com/invt/a3122&bklist=
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comment by
joe
strummer (U5878517)
posted 2 Weeks AgoThe
original article is correct, but one thing is that we class our players
as intangible assets, which totals about £250m on our balance sheet.
This
is not bad, but it does mean we don't have a credit rating. We're not
deemed a risk like West Ham etc are though.
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comment by
Hooplar (U9740424)
posted 2 Weeks Ago"we class our players as
intangible assets"
Is that because our wingers are simply
untouchable?
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