The Weekend ITK Discussion Thread PART 2 - 20/21 July 2013

[only1waddle]

Without wanting to piss on the biscuits, I don't buy the idea of there being an exact set amount for transfers in this or any window, because that's not the way we handle our finances. If you've taken the time to read the very interesting writings of Edmonton, and I think also perhaps whiskah? you'll have learned that we don't budget for transfers in that way - we spread payments over a number of years, and with different incentives built in, and thus we adjust our budget going forward as those players' values rise or are sold on and money is recouped. It's why Daniel Levy is so much more willing to invest big money in a young player with potential than an established star - he's essentially borrowing money secured against the value or likely increasing value of the player, or speculating to accumulate.
While I'm far from a financial expert - one look at my spiralling overdraft would tell you that - I think this is the reason that we'd never have a set budget for a window - rather each case would be judged against its merits and the likely increase in value over future years of the asset we're purchasing.

I am guessing we would have a ceiling though? an amount we wouldn't go past, otherwise you may as well go buy a Ferrari on that overdraft..

 

[danielneeds]

Without wanting to piss on the biscuits, I don't buy the idea of there being an exact set amount for transfers in this or any window, because that's not the way we handle our finances. If you've taken the time to read the very interesting writings of Edmonton, and I think also perhaps whiskah? you'll have learned that we don't budget for transfers in that way - we spread payments over a number of years, and with different incentives built in, and thus we adjust our budget going forward as those players' values rise or are sold on and money is recouped. It's why Daniel Levy is so much more willing to invest big money in a young player with potential than an established star - he's essentially borrowing money secured against the value or likely increasing value of the player, or speculating to accumulate.
While I'm far from a financial expert - one look at my spiralling overdraft would tell you that - I think this is the reason that we'd never have a set budget for a window - rather each case would be judged against its merits and the likely increase in value over future years of the asset we're purchasing.

Which is exactly what alot of the ITKs don't understand when they deliver their info. If an ITK ever mentions the word "warchest" I pretty much ignore them from then on. Still it's all good for a bit of gossip.

 

[ardiles&villa]

Mansion as sponsor?

 

[nstream]

Has the cryptic been confirmed yet? I'm just asking because I'm not sure whether I should be getting Chimbonda or Keane on the back of my new Spurs shirt.

Armstrong...

 

[cosmonaut]

Did'nt we start to follow Damiao two years ago? So he is not a new face.....is he?

 

[nailsy]

Have we been sponsored by any watch companies before?

 

[only1waddle]

Which is exactly what alot of the ITKs don't understand when they deliver their info. If an ITK ever mentions the word "warchest" I pretty much ignore them from then on. Still it's all good for a bit of gossip.

Big difference between a "warchest" and an amount we are willing to commit to the pot though.

 

[mpickard2087]

My guess is that Modric misses Chicken Badge.

 

[ilikeost]

We should give some cred to the ITK's who reported on Chadli. Gards with update 119 is the first one I can see.

 

[Mouse!]

What names from the past are big enough to sponsor the stadium?
HP is surely "present", autonomy are now HP, Holsten don't do much in the UK any more...
Pony?

The - new signing but not a new face - bit could also just be to stress that it isn't the signing of a person, but rather the signing of a brand/company/sponsor.

 

[Blackrat1299]

Armstrong...

Lance Armstrong - anti doping ambassador

 

[ilikeost]

People who are talking about Modric coming back needs their brains checked out.

 

[SpursTillIDie1882]

My guess is that Modric misses Chicken Badge.

i would jizz my pants if we did!!! wed have the best midfield in the prem full stop! ..... shame it wont be though.

 

[Snarfalicious]

Maybe we're going to be sponsored by a Belgian chocolate company. Anyone know how to make that fit?

 

[Blackrat1299]

Have we been sponsored by any watch companies before?

Sponsorship on Tick?

 

[xtrac]

Did'nt we start to follow Damiao two years ago? So he is not a new face.....is he?

Na that was 10 years ago

 

[danielneeds]

Big difference between a "warchest" and an amount we are willing to commit to the pot though.

Yeah, I was just using warchest as taking it even further. £50m is such an arbitrary amount, like ohwhenthespurs said, Levy's economic model is so much more complicated than that, especially with the stadium commitments.

 

[mpickard2087]

People who are talking about Modric coming back needs their brains checked out.

I wasn't actually being serious!

 

[ilikeost]

I wasn't actually being serious!

I don't belive you because you are a crazy person.

 

[SFCS]

Neither - it's Palacios on a free.

Bargain, he cost us about twice that last time!