The investment return include not only dividend. The accumulated massive capital acquisition and gains thru land purchase, subsequent stadium build, and the facility upgrade which won't be realized in the book until the team is sold. I am not least bit surprised that there are no dividends. You pay tax on dividends, but not on capital gains until it's sold. Of course all the money will be put into stadium. Let's wait and see what happens once the stadium is finished.Off topic, but why not look at Spurs accounts (on their website) over the last say 10 years period.
Over that time period, except for the year we sold Bale, the cumulative profits are 'diddly squat' and no dividend paid. So no 'investment return being pocketed'
Fact of the matter is that so far all the revenues coming in from match tickets, TV and sponsorship are largely paid to players, and the negative transferee balance over the last few years has been invested in the training ground etc.
This is not any business but football, where you have to rely on fanbase support to generate profit. What they charge for tickets (especially Spurs) and TV rights is outrageous. It is almost verging on corporate donations. Naturally fans reserve right to demand more investments when the club has the ability to make higher expenditure instead of pocketing majority of it as investment return.
Then we can compare to other PL clubs. We are probably the 6th biggest club in PL, so naturally it's fair that we can/may expect the 6th biggest transfer investment in PL. Looking at our transfer expenditure (net amount), that's not what's happening. So where goes the profit? (besides the privately-owned stadium which is supposed to have a separate budget anyway)
The investment return include not only dividend. The accumulated massive capital acquisition and gains thru land purchase, subsequent stadium build, and the facility upgrade which won't be realized in the book until the team is sold. I am not least bit surprised that there are no dividends. You pay tax on dividends, but not on capital gains until it's sold. Of course all the money will be put into stadium. Let's wait and see what happens once the stadium is finished.
Are you kidding? They each cost 7-10m more than Alli and Dier. They didnt cost a ton but certainly werent "bargains" like Alli and Dier. Also, our scouting is decent in identifying great talent for low cost. But they have failed quite a bit as well.
Oh and one more thing. Lamela is a fantastic player and is only getting better. Do not say other wise. Countless times he was the only on the pitch last season actually fucking giving a shit and trying. One of our 2 most important players. Poch taking him off so early cost us 3 points multiple times last season, including both games against woolwich.
aliz on whether bats was first choice: Neither was 1st choice, he had a list of 4.
lacazette?Thanks Dov.
soooo.....Bats, Janss, Sanabria...who's the 4th?
You are missing the point. The fans want first and foremost player investment that will make the club challenge for higher league finishes. We have been waiting for a back up striker over a year. I still cant believe that it hasn't been resolved after the catastrophe that was Berahino dealings a year ago.Only when the club is sold can we see if there is 'an investment return' or not and whether it's reasonable
Your posts were about the owners taking out monies instead of investing.
My points stand. The owners have not taken money out
Bring. Me. Alex.lacazette?
lacazette?
He played wellSummarise summarise!
In another thread.Summarise summarise!
Sorry chief.In another thread.
Forgot about that one. I suppose that could be.Ibra??
By the nine divines... Patience?!ali z posted this in the janssen thread, not exactly groundbreaking stuff: we are trying to do deals, Poch is involved, we just have to be patient.
Berahinio?