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Top 4 Finishes in last 4 Years
ManCity 4
Spurs 4
Liverpool 3
Chelsea 2
Woolwich 1
Leicester 1
ManUtd 1
Agree completely. You have to use the advantage to build further advantage. It's always been this way that if you play your cards right you prosper further at the expense of your rivals. Woolwich largely failed to capitalize on their advantage and now start every season hoping they get in he CL rather than being confident of it.
The revenue (direct and indirect) just grows and grows, now more than ever due to the coefficient split favoring established clubs. Particularly winning clubs. Winning the CL this year would be massive for us in that respect.
Zero profit is the standard life cycle so why would football be any different?
Assuming "being a premier league club" means your product is in development / introduction phase then it would be expected / good business practice to have zero profit.
In addition to this, profits are taxed so if you make profit you may be better off investing those in infrastructure etc. rather than recording it as profit.
West Ham the most likely ones (the horror) if they want a Premier League one.Read somewhere that PSG owners are looking to sell and buy an English club. I really hope it's not Spurs.
Agree completely. You have to use the advantage to build further advantage. It's always been this way that if you play your cards right you prosper further at the expense of your rivals. Woolwich largely failed to capitalize on their advantage and now start every season hoping they get in he CL rather than being confident of it.This is a factor which wasn't made much of in the video :
Top 4 Finishes in last 4 Years
ManCity 4
Spurs 4
Liverpool 3
Chelsea 2
Woolwich 1
Leicester 1
ManUtd 1
And a top 4 finish opens the door to CL revenues, which are substantially bigger than EL.
So the more top 4 finishes we get and our main rivals do not the better off financially we are and that translates into getting better players in TW's over time, which helps us retain top 4 finishes.
Zero profit as a business aim is very high risk.
Take on one high wage player or one or two players who are constantly injured and suddenly you are making losses - and no easy source of money to bale you out.
Aim to make a profit, and one or two mistakes in player acquisition are not a problem - you have enough spare money to get rid of the and buy more.
So aiming to make a profit is a significant risk reducer - and that's true for any business .
Most of those points were already well known - but the key bit of insight at the end was that capital payments don't have to start right away.
The way I understood it, for the next few years the interest payments will leave a good amount to spend in upcoming transfer windows and basically rebuild the squad.
After that, even if more income is redirected back to paying off the stadium, there should be some money left to maintain the squad with a smaller number of signings and offer better salaries.
Putting aside rivalry a moment, I hope that doesn't happen because you don't support a team like West Ham for the glory, you do it out of loyalty. If there was such a takeover what remains of the soul of that club, already shat on by the move to the athletic bowl, would be gone, nothing left for the true fans there.West Ham the most likely ones (the horror) if they want a Premier League one.
They already own the Olympic village I believe. At least in part.
Premier League finances: the full club-by-club breakdown and verdict
We're in damn good shape financially.