- Nov 25, 2015
This supports my view that signing up to tear down and redevelop OT would be the game to play. It would transform the numbers.Tottenham Hotspurs FC -- the winner?
Think I spoke too soon naming Liverpool FC the winner of the FSR competition, Totteneham is in great shape.
So Tottenham is a club that makes yearly losses, and have for some time. They have not been a big spender on the transfer market. How can they be in great shape? Tottenham's finance situation is heavily impacted by their new stadium. Tottenham's yearly cost for its stadium is 40m (interest) and 70m (depreciation) = app. 110m. Since any costs associated with the improvement of the stadium is excluded from the Football Earnings Rule, it of course has a big impact on turning Tottenham's financial loss into a profit in relation to the FER.
The following is under the assumption that Tottenham miss the CL next season. But since this exercise is intended to provide information on how much a team can spend in the Summer of 2023, its of less importance. Tottenham's spending is limited by Levy, not UEFA. QSI pushing in a bunch of money into Tottentham -- could however change the club's situation drastically.