Finney Is Back
Paul Stewart
How many of them have built brand new stadiums recently?....
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ENIC
- Thread starter mattls
- Start date
Everton and West Ham.
He’s you or me or anyone else who manages to get a substantial twitter following. No other particular credentials.
West Ham have built f@ck all.
MartyFunkhouser
Terry Dyson
Their podcast is actually half bearable
Finney Is Back
Paul Stewart
West Ham don't own their stadium.
Below are all of the premier league clubs who have built new stadiums since the turn of the millennium. I have bolded those that didn't take on a stadium sponsor. I suspect we have turned our back on considerably more money than Cardiff have in not taking on a naming partner.
Everton: (2025): Hill D!ckenson stadium
Brentford (2020): The Gtech Community stadium
Tottenham (2019): The Tottenham Hotspur stadium
Cardiff (2009): The Cardiff City Stadium
Brighton (2011): The Amex
Arsenal (2006): Emirates Stadium
Emirates Marketing Project (2003): The Etihad
Coventry (2005): The Ricoh
Swansea (2025): Liberty stadium
Leicester (2002): Walkers stadium
Hull City (2002): The KC Stadium
Southampton (2001): Friends Provident stadium
Hill dingdong is a sponsor?
Diamond Lights
Gudni Bergsson
after several years i'm not renewing my 2 STs. No big loss someone else will take them in the long list of ST waiting, but with ENIC in charge if you haven't learned your lesson by now, you never will.
They proved it January, they proved over the Summer, and they proved for the last 25 years. Enough is enough.
They proved it January, they proved over the Summer, and they proved for the last 25 years. Enough is enough.
Then why have his tweets in here? Ffs if i wan't to read tweets from randoms i'd go on x. At least here we can have a decent conversation.
Lol I genuinely thought it was just the name of the area.
Saw an insta video of an Everton fan last night walking around Goodison Park. Made me realise how lucky we are that the new stadium is essentially in the same place. There are differences of course but things like the journey to the stadium, the pubs close, chick king etc are still all the same. He likes the new stadium but says it’s just not the same experience.
Genuinely not sure what you are stating here?
Revenue is not profit or cash flow, the media and fans are sometimes so desperate to prove that somehow (usually Levy) was hording money, that whatever random financial statement seemed to sound right was picked.
Spurs owners don't take dividends, the Stadium created considerable debt (manageable), Spurs hasn't made any significant profit since pre-Covid and total spend and net spend are comparable for a top club. All of these things are fact, yes we are the 9th highest revenue club but that doesn't mean we have some bag of unspent cash available, that was in all likelihood was what the last injection of cash was about (improving cash flow).
Now, we have bought an awful lot of players in last 5 years, will buying 1-2 players less allow us to covert that spend in wages? probably.
In the end most fans don't care (unfortunate because it has killed any need by authorities to even pretend to care), Spurs has spent somewhere in the region of 600M over last two managers but City has spent more than in two windows, and Liverpool 450M in one. Unless we get City state type investment there will always be some kind of gap, all we have managed to do is to separate ourselves from the bottom, not quite reach the top.
Finney Is Back
Paul Stewart
The ST waiting list is becoming more and more of an illusion.
My son joined it in the not too distant past and was offered a season ticket before Ange's first season. I'm not convinced that we will sell out of ST's this summer and that's even assuming we stay in the PL.
Muttley
Mauricio Taricco
This is worth a read -https://www.cityam.com/premier-league-stadiums-inside-footballs-grandstand-revolution/
Building a stadium from ground zero isn't the norm at all. Redeveloping your existing stadium is. It is not as if Spurs are the only club to have consumed a cost of infrastructure. According to this article, it's more like 70%. For us, it probably made more sense to use the existing site and start from ground zero again. For other clubs it won't I guess. I think the key is that we weren't only club to incur the cost and hassle of an infrastructure project. Sounds like lots of clubs have.
Anfield is a good example. Same capacity as ourselves.
Finney Is Back
Paul Stewart
But we are one of the relatively few clubs who have built a new stadium from scratch and therefore have an opportunity to take on stadium naming rights (naming rights are worth far more at new stadiums than for redevelopment of existing stadiums - i.e. White Hart Lane would always be known as White Hart Lane and therefore isn't worth nearly as much to a sponsor as a brand new stadium).
We are good at commercial deals. Think ours was better than arsenal and chelseas.
So if we haven't got a naming rights deal there would be a good reason.
What I am stating is that based on being 9th in revenue we should be somewhere close to 9th in terms of investment in playing squad and success. We’re not, and it cannot be excused for much longer. Especially when you consider the man difference between ourselves and the teams like Liverpool & Arsenal in terms of revenue is purely down to the prize mine and additional tv money they make from being better on the pitch.
Outside of the Glazers very few owners are taking dividends. They use the clubs as assets to borrow money against at low interest rates and buy up additional assets without a tax burden. So while the Lewis family has not been taking a salary and dividends from the club each year, he has been using the clun to grow his wealth with considerably. The revenue base to do this only exists due to the loyal fanbase.
We have spent money on transfer fees but our wage spend has been significantly lower than our rivals and when that’s all considered we are not the 9th highest spenders in world football despite the revenues placing us there. It’s also not how clubs account for expenditure on players. It’s transfer fee + wages + bonuses combined and averaged out for the length of the contract. I’m sure you know this but your also arguing on ENICs behalf.
According to Deliotte we had the 11th highest wage bill in Europe in 24/25 - so a drop of 2 places in comparison to turnover if it's correct we are 9th. In terms of net transfer spend we're likely a few notches higher than 9th over the last 5 years or so. A quick Google throws up a table from 24 showing us as 4th highest net spend over the 5 years previous.
So 'under spending' on wages by a couple of places vs 'over spending' on transfers by 5 places.
Hard to argue we aren’t spending in line with our position with that taken in to consideration.
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SissokoWasGood (BoL)
Pat van den Hauwe
Isn’t it more that the critique is of the owners rather than Levy running the club on a sustainable, break even basis. I think it’s fair to say all profits are reinvested back in, and I think totally fair to praise Levy for the job he has done under the constraints in which he operated.
Levy also then delivered us the PSR headroom, so then the critique becomes, could the owners have put in a bit more money to push us on when the opportunity was there? I’d suggest the reason they didn’t is because they could be fairly sure we could still be about 6th just by doing nothing, and to make us title challengers it starts really eating in to whatever profit they think they will ultimately realise when they sell.
Them putting a bit more in would have benefitted us as fans, and it might have placated eg Poch who wanted just a little bit more room to play with, and maybe we’d be in a much better position right now. But I’m not sure it’s worth it to ENIC specifically to put more in, and that’s fair I think the critique is fair.
Bullet
Jimmy Cantrell
^^^Thanks Billy, that saved me the effort.
If someone was to add "transfer fees + wages + bonuses + paying off all the transfers from the last few years + paying off all the managers and coaches from the last few years" we would probably be exactly where you expect us to be, since we spend whatever money we earn/win, on the club (not hotels and apartments).
If someone was to add "transfer fees + wages + bonuses + paying off all the transfers from the last few years + paying off all the managers and coaches from the last few years" we would probably be exactly where you expect us to be, since we spend whatever money we earn/win, on the club (not hotels and apartments).