Bedfordspurs
Vinnie Samways
Look at the profits they made though
It’s all self made income
Investment is plugging your own money in like City and Chelsea’s owner did
Our money is being lower into a stadium which will return plenty too
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OMT: Mighty Spurs vs Manureskjaer
- Thread starter alekaras
- Start date
Look at the profits they made though
It’s all self made income
Investment is plugging your own money in like City and Chelsea’s owner did
Our money is being lower into a stadium which will return plenty too
Robbo
Paul Walsh
Why doesn’t that surprise me... That should be about 4 and a half minutes. Which should be enough time for closer to 20 goal kicks, if you take 15 seconds for each one. Which should be plenty, unless someone's injured or you can't find the ball.
How many goal kicks did he take? 6? 7? Incredible how the ref let him get away with that, but not surprising, as refs are consistently inconsistent when it comes to enforcing penalties or even adding time for persistent time wasting. Big, big issue for refs this, and I'm not only saying that based on today's game.
Gazza Dazzla
Chris Perry
Yea sure I get the profit thing, that’s why bringing it slightly more back on topic, I’ve never had a problem with Utd spending because it’s tgere money. With Liverpool though I’m not sure they turnover quite the same and (if true) £75m a year is spending more than they make or at least not something they can do every season?
Bedfordspurs
Vinnie Samways
You get that in TV money alone
It’s about £100m TV
And they have sold some players
Gazza Dazzla
Chris Perry
Talking about net spend on transfers alone. Like I say, maybe my numbers are off but I thought I saw they’d net spent 150m in the last couple of seasons, if that's not correct then obviously forget what Im saying!
Bedfordspurs
Vinnie Samways
Yes
But the gap in net spend is coming from other income
It’s the club generated revenue
Bedfordspurs
Vinnie Samways
Meet spend is £150m
Tv money in that time £200m plus
DubaiSpur
Ian Walker
I have. They've had 176m worth of losses over the last eight years - entirely covered by FSG. Their profits have overtaken their losses in the last couple of years, but I suspect there will be another loss this year.
To give you some context, we've reported 188m in profits over the same period - our only losses were 7m each in 2010 and 2012.
https://www.liverpoolecho.co.uk/spo...verpools-finances-fsg-years-assessed-14353937
FSG converted 70m worth of debt into equity, provided 50m for stadium costs and provided 50m in interest-free loans in that time.
Not all American owners are the same, mate. FSG have invested a very large amount into Liverpool - ENIC have done virtually nothing comparable.
Yep. They've also doubled commercial and overall revenue during their time at the club, and they've now switched to generating profits - the early cushion of investment has helped in doing so while also maintaining a successful team.
I think they're the best we can hope for - and again, we don't need much. But we need more than ENIC can give - or, more accurately, more than ENIC want to give, which is nothing.
Bedfordspurs
Vinnie Samways
What did FSG pay for the club?
DubaiSpur
Ian Walker
Hashegotthesackyet?
Gudni Bergsson
Diamonds are for NEVER
Mate, I get today of all days .. the frustration comes out ...
but Levy & ENIC have build the foundations so that we don't have to win the lottery, or get involved with blood money, that's the point of the training grounds, stadium, NFL hook up, etc. It will just take a bit longer than we all wish … to dismiss that while negating the fact that we have been the most consistent club in the league in the last 3 years (and on an upward trajectory for the best part of 12+) is simply ignoring reality.
Do you forget before BMJ? Villa, Everton, Saudi Sportswashing Machine were all ahead of us, had more opportunity to break the Sky 4 monopoly … where are they now? and the others with promise? (West Ham, Southampton who all swore they were bigger)
Spurs is behind two commercial giants (United & Pool) and two blood money teams (Chelsea & City) in what we have to overcome .. your answer is we just need someone to throw money at it? join them I guess?
glorygloryeze
Jack Jull
Absolutely gutted!
I think it kinda feels worse that we were not picked off on the break in the second half like i expected us to be (due to no experienced cm options available).
The fact that we rallied very hard in the second half leaves me feeling very proud but actually feeling even worse...it's the hope that kills you
I didn't feel i could feel this down about losing to Man Utd...and another week before the next game so the festering will go on and on...grr..
Oh well...onwards...and ....arggghhhh
I think it kinda feels worse that we were not picked off on the break in the second half like i expected us to be (due to no experienced cm options available).
The fact that we rallied very hard in the second half leaves me feeling very proud but actually feeling even worse...it's the hope that kills you
I didn't feel i could feel this down about losing to Man Utd...and another week before the next game so the festering will go on and on...grr..
Oh well...onwards...and ....arggghhhh
Frustrating day .. probably should stay away from Spurs & media around it ...
My view
- United is quite agricultural, long ball to runners, hoping to hit us with pace (worked once)
- We should have won, partially needed to be a touch more clinical, partially keeper had a blinder
That said
- Another challenge failed ...
- Squad in general looked tired, just that little bit off .. too many games
- Bench was weak, midfield a real problem especially with Sissoko going down.
- Trippier and Davies have just been poor, that and CM have to get invested in.
On to the next game ...
My view
- United is quite agricultural, long ball to runners, hoping to hit us with pace (worked once)
- We should have won, partially needed to be a touch more clinical, partially keeper had a blinder
That said
- Another challenge failed ...
- Squad in general looked tired, just that little bit off .. too many games
- Bench was weak, midfield a real problem especially with Sissoko going down.
- Trippier and Davies have just been poor, that and CM have to get invested in.
On to the next game ...
glorygloryeze
Jack Jull
Ole-ball?????
Is that even a 'thing'???
Is that even a 'thing'???
glorygloryeze
Jack Jull
A big coaching challenge here on in for Poch.
If he is as professional as he has been i have no doubts he will work hard to overcome the current problems.
He has to for our sakes (as well as his actually...)
As said by many, lack of investment in CM may be our undoing..i feel with a Dembele or Wanyama of 18-24 months ago (or an equivalent CM expertise) and i don't think we lose the last two home league games...
yiddo37
Didier Zokora
We don't play until Thursday week
Jurgen the German
Erik Thorstvedt
We could fix the left back situation by playing Danny Rose, we don't have to spend a penny.
Right back and CM are the areas we need big investment in. Sorry but I'm done with Trippier, the guy is just not good enough defensively. He's a mid table player at best. Even against Cardiff he was getting put under pressure from their LW.
Unfortunately I'm not sure we will see any incomings in the next window, maybe even the next two windows.
DubaiSpur
Ian Walker
They have, mate - I've never argued that they haven't. But they did it with the club's own money - they redirected it in a semi-competent fashion into infrastructure over the team.
I've made the comparison before, but they're basically following the Arsenal model, without the actual league titles, trophies or success that comes with it. And don't get me wrong, that's competent stuff, but it's just nothing that couldn't have been done by someone who also actually cared about keeping our good teams together, and spending a bit to do it.
And let's be honest - without Poch, would that last bit be valid? Poch himself even admitted that ENIC's plan for him was to stay somewhere in the top six until the new stadium, and then get top four in the season *after* the move.
Poch is the man who revolutionized everything, far surpassing even what ENIC expected from him. The problem now is that this has put our owners in the inconvenient situation where they would actually have to invest to maintain that progress to the satisfaction of the manager and the players, who all want to win things.
And, as we've seen, ENIC has failed on that count, and keeps failing with every passing day. The team needed investment in the summer, needs it more now, and will need it even more next summer - but I expect absolutely nothing from them, because they're more comfortable with the Sahas and Nelsens of the world.
They're not bad owners. But they're not particularly beneficial anymore, either - they're just competent, risk-averse administrators.
I definitely haven't forgotten - even if I'm a bit nostalgic about those years, because every goal meant more and the days were just a lot more expectation-free in general
. But I also think Spurs fans were very traumatized by the Sugar years and the atrocious 90's - to the point where competence looks like genius, because it's better than what we had before. Anything would be better, after all - and a solid job suddenly looks inspirational and against all odds.What ENIC have done is a solid, reasonably competent job. But we can do better. And we should be striving to find better, because they've hit their glass ceiling.
That this is such a controversial opinion that generates such rage on the board (not you by any means, but more broadly) always amuses me.