Hmmm - how have Spurs made money and built a £750m stadium?
Quote from: London Villan on December 14, 2021, 12:15:03 PMHmmm - how have Spurs made money and built a £750m stadium?because it is a capital project.So it’s impact is on the Balance sheet not the Profit and loss account.
As a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.
Quote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.
Quote from: Chris Harte on December 14, 2021, 04:14:24 PMQuote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.This is over the last 10 years, so includes the dark days
Quote from: Beard82 on December 14, 2021, 04:17:33 PMQuote from: Chris Harte on December 14, 2021, 04:14:24 PMQuote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.This is over the last 10 years, so includes the dark days Yep, I get that. But even so. Four hundred and fifty-five million?
Quote from: Chris Harte on December 14, 2021, 04:39:48 PMQuote from: Beard82 on December 14, 2021, 04:17:33 PMQuote from: Chris Harte on December 14, 2021, 04:14:24 PMQuote from: Weedy on December 14, 2021, 11:50:28 AMAs a result, in the last 10 years the top two English leagues have lost a massive £3.1 bln pre-tax with the largest losses at #AVFC £455m and #MCFC £446m. In this period only 11 out of 44 clubs managed to make money, led by #THFC £338m, #MUFC £191m, #AFC £112m and #NUFC £94m.I'm scratching my head and wondering how that is even possible.This is over the last 10 years, so includes the dark days Yep, I get that. But even so. Four hundred and fifty-five million?I think if you look here - you can see a big reason for it: https://www.transferleague.co.uk/aston-villa/english-football-teams/aston-villa-transferover the last 10 years our transfer business has been awful. Hopefully that has now been amended - but that cant help at all.
Christopher Samba. I had totally forgotten about him.