we havent had it

That Damned Mark wrote:"You bet your bottom dollar you would like spurs to stay at 36,000 whl.........."

Quite. Staying put would put you in massive debt that will take many many years to overcome, and the ability to compete in the transfer market during this 'transitional period' lol will be greatly affected.

I'm not sure why you think i'm joking?

ionman: "You were chasing revenue so that you could compete at the highest level. At that time it was due to payments through the turnstiles. Nowadays that is just a part of the story."

There's clearly no dispute over it. Plumstead was a mare to get to, also the munitions factory work had been shifted north (scotland from memory?). It was a no brainer as business decisions go.


From a goon pov we'll just deride whatever happens. The truth amongst adult football fans is that Spurs have to find a way to increase revenue to continue to compete at the top level, - whether thats NPD or a move is neither here not there.
One thing though, regular improved attendances up to around 50,000 isn't a guarantee of success, - just ask Newcastle and Sunderland.

anicoll5 wrote:I am not remotely against Spuds moving to a bigger stadium any more than I am wholly in favour of it Lew

I am pointing out that it is a huge gamble, extending over many years and which, if it goes wrong, will ruin your club. I simply don't think the argument that ' we have to borrow £450 million to compete with the big boys' stands up.

We could build and fill two Emirates but we would not have the spending power of Al Mansour or Abramovich

We have £240 million of debt still outstanding on the Emirates in the form of bonds payable over 20 years at a very modest rate, about £12 million a year - fortunately those bonds were issued in 2007 when the world was a very different place - I doubt we would even get them onto the market nowadays.

As for a new stadium creating massive funds to 'buy the best in the world' as far as I know we buy what we can afford - and so will you

shearspur wrote:i am happy were we are till a viable other option comes along nearer to "home", im sure levy will be looking for other options as we speak.

anicoll5 wrote:Wasn't hard to do was it Sid - a wonder someone in charge did not do the same arithmetic at least in September when the revised planning permission was agreed, or better still before the deal was signed off