He's an Arsenal fan and some of his previous entries on Spurs have had a very negative spin. I just stick with looking at the graphs and comparisons.
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Financial Results
- Thread starter Jordinho
- Start date
He's an Arsenal fan and some of his previous entries on Spurs have had a very negative spin. I just stick with looking at the graphs and comparisons.
Finney Is Back
Luka Modric
Oh it is.... I have witnessed it with my own eyes on numerous occasions, too often he has completely failed to even hit the target when presented with an opportunity and that is criminal for any striker, let alone one who cost £26 million at the age of 28.
Financial Highlights
Revenue for the year ended 30 June 2015 was £196.4m, an increase of 9% on the prior year (2014: £180.5m).
Premier League gate receipts were £22.3m (2014: £22.4m). The Stadium continued to sell out for all Premier League home games further underlining the need for an increased capacity stadium to meet demand and satisfy a waiting list for season tickets that was c45,000 during this period and has now risen to over 50,000.
The Club reached the round of 32 of the UEFA Europa League (2014: round of 16) resulting in gate receipts and prize money of £7.1m (2014: £9.2m).
Revenue from the domestic cup competitions earned the Club £4.4m (2014: £3.2m) having reached the final of the Capital One Cup (2014: quarter final).
Television and media revenues rose to £90.5m (2014: £89.5m), as the Club finished a place higher in the Premier League in 5th (2014: 6th).
Sponsorship and corporate hospitality increased significantly to £48.9m (2014: £37.3m).
Merchandising revenue increased by 12% to £12.3m (2014: £11.0m).
Profit from operations excluding football trading and before restructuring and depreciation was £46.7m (2014: £36.0m). Profit for the year after interest and tax was £9.4m (2014: £65.3m).
The Club had net debt at the year end of £20.8m (2014: net funds of £3.2m) and net assets were £183.0m (2014: £183.7m).
Northumberland Development Project (NDP) Update
The progress of the Club’s new stadium scheme has been evident both to visitors to the Lane and those who have logged on to watch the webcam (www.tottenhamhotspur.com/newscheme/stadiumtv), as the Club builds out the basement.
We received planning permission from Haringey Council on 16 December 2015 for the revised updated stadium scheme. We are awaiting a number of further planning confirmations within the next month, including the White Hart Lane station delivery timetable and public realm improvements.
The Club has shown a huge commitment to the area having already delivered over 250 affordable homes on nearby developments and is conscious that the stadium scheme plays a key role as a catalyst for wider regeneration.
We shall continue to provide updates as matters progress.
Player Accommodation Lodge at the Training Centre
Construction has commenced on this facility which will provide high quality accommodation for the First Team and Academy, allowing the Club to provide a controlled, consistent and familiar environment for our players to optimise rest, rehabilitation, recovery and diet alongside our world-class Training Centre.
Outlook
Chairman, Daniel Levy, said: "This financial period saw a consolidation of the squad and substantial progress on capital projects.
“Mauricio and his coaching staff have created a great team spirit in a stable squad that encompasses both experience and youth. The results speak for themselves.
“We are continuing with an ambitious growth strategy. Our player development, on pitch performances, enhancements to our highly rated Training Centre and commencement of the new stadium scheme which will also host NFL, signify an exciting future for the Club.”
http://www.tottenhamhotspur.com/news/financial-results-year-end-30-june-2015-310316/
Revenue for the year ended 30 June 2015 was £196.4m, an increase of 9% on the prior year (2014: £180.5m).
Premier League gate receipts were £22.3m (2014: £22.4m). The Stadium continued to sell out for all Premier League home games further underlining the need for an increased capacity stadium to meet demand and satisfy a waiting list for season tickets that was c45,000 during this period and has now risen to over 50,000.
The Club reached the round of 32 of the UEFA Europa League (2014: round of 16) resulting in gate receipts and prize money of £7.1m (2014: £9.2m).
Revenue from the domestic cup competitions earned the Club £4.4m (2014: £3.2m) having reached the final of the Capital One Cup (2014: quarter final).
Television and media revenues rose to £90.5m (2014: £89.5m), as the Club finished a place higher in the Premier League in 5th (2014: 6th).
Sponsorship and corporate hospitality increased significantly to £48.9m (2014: £37.3m).
Merchandising revenue increased by 12% to £12.3m (2014: £11.0m).
Profit from operations excluding football trading and before restructuring and depreciation was £46.7m (2014: £36.0m). Profit for the year after interest and tax was £9.4m (2014: £65.3m).
The Club had net debt at the year end of £20.8m (2014: net funds of £3.2m) and net assets were £183.0m (2014: £183.7m).
Northumberland Development Project (NDP) Update
The progress of the Club’s new stadium scheme has been evident both to visitors to the Lane and those who have logged on to watch the webcam (www.tottenhamhotspur.com/newscheme/stadiumtv), as the Club builds out the basement.
We received planning permission from Haringey Council on 16 December 2015 for the revised updated stadium scheme. We are awaiting a number of further planning confirmations within the next month, including the White Hart Lane station delivery timetable and public realm improvements.
The Club has shown a huge commitment to the area having already delivered over 250 affordable homes on nearby developments and is conscious that the stadium scheme plays a key role as a catalyst for wider regeneration.
We shall continue to provide updates as matters progress.
Player Accommodation Lodge at the Training Centre
Construction has commenced on this facility which will provide high quality accommodation for the First Team and Academy, allowing the Club to provide a controlled, consistent and familiar environment for our players to optimise rest, rehabilitation, recovery and diet alongside our world-class Training Centre.
Outlook
Chairman, Daniel Levy, said: "This financial period saw a consolidation of the squad and substantial progress on capital projects.
“Mauricio and his coaching staff have created a great team spirit in a stable squad that encompasses both experience and youth. The results speak for themselves.
“We are continuing with an ambitious growth strategy. Our player development, on pitch performances, enhancements to our highly rated Training Centre and commencement of the new stadium scheme which will also host NFL, signify an exciting future for the Club.”
http://www.tottenhamhotspur.com/news/financial-results-year-end-30-june-2015-310316/
Charlie
Radek Cerny
Profit down substantially while revenue was up. Debt up while net assets were the same. What is going on?
Gutter Boy
Tim Sherwood
The magic of accounting.
lurker of old
Wilson Palacios
Cracking photo Gutter Boy, where is it from, the OS? I am already spending far too much time watching the live feed of the build, instead of working, but that photo is a cracker.
afsoc4life
Vedran Corluka
Good results
awesome dawson
Mitchell Thomas
"The Club reached the round of 32 of the UEFA Europa League (2014: round of 16) resulting in gate receipts and prize money of £7.1m (2014: £9.2m)."
Well that was worth the effort...pretty much paid for Ade's salary.
Well that was worth the effort...pretty much paid for Ade's salary.
Gutter Boy
Tim Sherwood
Second post down here: http://www.skyscrapercity.com/showthread.php?t=549397&page=690
I wouldn't venture too much onto SSC though - it quickly descends into discussions on the comparative properties of different concretes!
Gutter Boy
Tim Sherwood
Related TV money, sponsorship and merchandise will bump that significantly
Finney Is Back
Luka Modric
I think the prize money includes the TV money GB.
jts1882
Dean Richards
You missed out the following:
So profit on the operating costs, essentially revenue minus expenses, went up as the revenue went up, as you'd expect. After all the accounting tricks the taxable profit was down.
Gutter Boy
Tim Sherwood
So a big chunk of that £46.7m profit was moved around ENIC companies/to the Bahamas before it could be taxed?
jts1882
Dean Richards
Probably not. There could be amortisation charges for players bought years ago. Players bought on the Modric and Bale money would still be affecting the accounts this way. Similarly the debt could be up because we had to pay instalments on transfer fees for players signed years ago.
parklane1
Vic Buckingham
The club is definitely going in the right direction and the position we are in is better then it has been in a long time.
Spur of the moment
Frederic Kanoute
You could say!
Outstanding chairman
Outstanding manager
Outstanding team
Outstanding club
and coming soon, an outstanding new stadium
Now all we need is a few trophies to go with it.
