LOLEvery penny genereated by THFC is spent on THFC.
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LOLEvery penny genereated by THFC is spent on THFC.
What utter lies!- They're not investing THEIR money in players; they're merely spending club revenue (like ENIC in that respect)
His contract with ENIC doesn’t permit itMore likely because the truth hurts. Doesn't it.
No one reads those essays - dont spoil the surprisThis is a internet football forum. You don't need to be writing your PHD thesis in here.
So you don't think that?
By 'revenue stream' you're implying they're taking money out?100% the owners….why?
I truly believe owning a football club should be a hobby, simply something that someone is passionate about but isn’t trying to make money on, not lose money either of course, but not make money in the sense of a main revenue stream or massive long term investment.
Anyone who can afford to buy a club in the first place has obviously done very well for themselves, so keep doing that, it’s what they are obviously good at, and there is no need to take that mentality to a football club.
Of course football clubs are “business” models these days and that’s fine, and must be treated as such to some degree, but stopping short of becoming just another revenue stream to an owner or financial group.
We all slag off Chelsea and City, and rightly so, but maybe not for the right reasons. They almost certainly hold the “sportsmanship” side of football in contempt by doing what they have done, but you can’t accuse their owners for using their respective clubs as cash cows, they probably lose a fortune annually funding their hobby, the same as we mortals do with our hobbies…
Liverpool have it to a tee, every owner knows their fans, and once that trust has been broken where the fans see the owners not putting the team first they rebel, as Hicks & Gillett, an example of overseas owners who thought they hit the jackpot, but learned very quickly the club they own wouldn’t stand for it….
Woolwich’s owners are a prime example of owners setting up a revenue stream to support the wider family circle, Kronke’s sons are set for life on their Woolwich salaries and probably couldn’t find the library on a map of London stadiums…..
So, Joe Lewis is worth an estimated 4bn quid, the man got there without Spurs, a club he bought for pennies in the grand scheme of billionaire speak. Yet the club is run like he’s on a week to week Paycheck…In no way should we not run the club in a safe and sensible manor, I mean would you buy a new set of golf clubs if golf was your hobby and treat them like you didn’t care? Of course not…But you would repair the shafts if they needed repaired….
As it stands we are the 9th richest club in the world, the fucking world!!….yet we act like we haven’t a pot to piss in, and as a result we continue to fail…9th richest club in the world and if you asked the following questions to 5 season ticket holders of the other 19 premier league clubs (that’s 95 people) the following answers would something like:
“Who do you think will win the premier league?”……95 Others - 0 Spurs
“Who do you think will win the FA cup?” 90 Others - 5 Spurs.
“Who do you think will win the league cup?” 90 Others - 5 Spurs
“Who do you think will win the European Conference league?” 75 Others - 20 Spurs
Don’t ever want a sugar daddy, but this club needs an owner who is prepared to put every last penny into this club and return only minimal profits….
#ENIC OUT……
It's the old thing of "if you say it often enough, it must be true".By 'revenue stream' you're implying taking money out?
That's not the case and has shown to be false on this forum literally 100s of times.
stevee has posted loads of links to back that up over the last couple of years, you can't have missed all of them. Most likely you're willfully ignoring them as that suits your agenda.
Technically they used the banks money to build it, which they have to repay. And like a mortgage, that means there is less money to spend on the finer things in life.It's the old thing of "if you say it often enough, it must be true".
The fact that so many people actually believe it to be fact is staggering.
Yes, Enic and Lewis have increased their own wealth through ownership of THFC and yes , they will make a huge profit when they do sell.
But that is a completely different issue to taking money from the club or not spending THFC money on THFC.
Hell, you even have people criticising them for building a stadium that will increase THFC revenues.
Using THFC monies to build a stadium that THFC own.
Shocking.
Here's a reliable table showing owner investment in their football clubs. I like this one.So you don't think that?
Is Deloitte incompetent or in collusion with taking money out of the club?
What about Swiss ramble?
How about the fans that look at the accounts?
Are they all being hoodwinked?
Or is it a case that maybe, just maybe, those who say that Enic take money out off the club are talking complete bollocks?
Moving the goal posts again?Here's a reliable table showing owner investment in their football clubs. I like this one.
Swiss Ramble, no less.
I guess we should all feel so proud.
19th place and stuck in a Mike Ashley / Glaziers sandwich
Borrowed against the club, OUR club, to build a stadium "PRIMARILY WITH NFL IN MIND." With the aim of "SECURING A PERMANENT NFL FRANCHISE IN LONDON"Using THFC monies to build a stadium that THFC own.
Shocking.
It's Swiss Ramble mate. The source we both describe as reliable.Moving the goal posts again?
When you know what that 40m is all about, get back to me.
Which is, and always will be, owned by THFC.Borrowed against the club, OUR club, to build a stadium "PRIMARILY WITH NFL IN MIND." With the aim of "SECURING A PERMANENT NFL FRANCHISE IN LONDON"
Their words, Stevee. Not mine.
You're defense of the indifensible is becoming increasingly disturbing.
So you don't know what the 40m was about then.It's Swiss Ramble mate. The source we both describe as reliable.
Quit the excuses. I've used your own source to blow them apart.
Move on.
Okay but if you account for that £40M, it still puts as as net neutral.Moving the goal posts again?
When you know what that 40m is all about, get back to me.
How can you be so blind Steve?Or is it a case that maybe, just maybe, those who say that Enic take money out off the club are talking complete bollocks?
TrueOkay but if you account for that £40M, it still puts as as net neutral.
Why can't they be in net positive like other owners?
What is it costing THFC, in actual monetary terms?How can you be so blind Steve?
Those cunts are running a property investment company at the expense of us
Is this a serious question??What is it costing THFC, in actual monetary terms?
Yep.Is this a serious question??