Maths isn’t a strong suit either. How does it not effect the overall increase exactly? The point here is that last seasons profit when transfer activity was limited and your loan repayments haven’t began are fairly meaningless moving forward. Nearly half your profits were from player sales. Is that Tottenham’s goal moving forward? Your incomings may increase but so does your expenditure and you haven’t a clue how much either will increase. Your 800k figure is meaningless because you haven’t a clue how much of that is profit or how it compares to other clubs.
I’m not getting into the depths of this with you again because you constantly ignore anything that doesn’t portray Tottenham Hotspur as the greatest football club that ever existed. Knock yourself out. Women’s football will increase Spurs income exponentially and I’m not sure how anyone could compete.
Reading comprehension isn't your strong suit it seems: I said "doesn't
much affect". This is accurate because £5m more or less per year is in relation my estimate of an overall increase of around £100m from stadium income compared to WHL.
Re. profits - I expect Spurs will continue to make them, regardless of these likely being smaller next time than last time around. Profits change from year to year - so what? I haven't said that our profits will continue to always rise.
You say our expenditure will increase, and in some ways it will, not least on wages probably, plus debt servicing. But you forget that for years we've been pumping money into construction costs. Some construction projects remain, but the biggest of these (the stadium itself) is now finished, as are mostly some others (like the training centre's player lodge). So our overall annual construction costs will start to
decrease.
Moreover, I do have some idea how £800k per match from food and drink sales compares to other clubs. For example, Man. City reportedly get £150k per match from food and drink sales … less than 25% of what Spurs now get.
You ask if boosting profits from player sales is our goal moving forward. I think the recent signing of Ndombele gives answer.
Financially, moving forward, our goals include (a) over-taking Arsenal's annual income - this will happen soon, with Chelsea the next target figure to surpass (b) completing construction of the remainder of the stadium complex, including a hotel and apartments immediately next to the stadium; and (c) building 330 homes on a site close to the stadium - for which we today gained planning permission.
You seem to have little clue that Spurs are one of the richest clubs in the world and are going to get wealthier still. Levy's stated aim is establish Spurs as one of Europe's elite clubs - and he continues to put the financial building blocks in place to support that ambition.
So yes, we have a debt to service and repay - and yes,
some of our costs will go up, but overall we are in great shape financially. That's essentially what I'm saying and I stand by that, regardless of any dire predictions to the contrary and regardless of your toothless claim that what I'm saying is "shite".