• Dear Guest, Please note that adult content is not permitted on this forum. We have had our Google ads disabled at times due to some posts that were found from some time ago. Please do not post adult content and if you see any already on the forum, please report the post so that we can deal with it. Adult content is allowed in the glory hole - you will have to request permission to access it. Thanks, scara

Daniel Levy - Chairman

Baleforce said:
For a reason. Do you really think they are hiding a pile of cash they could use to put the salaries up?
Click to expand...

No, they should use that money tree that you had mentioned.

They could take from certain allocated budgets and add to the other. This does not magically create cash but frees up funds.

Further to this we have paid over the odds for players and completely tried to low ball others in the same transfer window.

So again that magic tree that seems to be your only solution, could be saved yet by smarter use of funds, allocate funds if needed to push. We can also have some manageable debt also if it doesn't jeopardise the long term future if the right player needed by the manager is short by a few quid.
 
Gazza said:
No, they should use that money tree that you had mentioned.

They could take from certain allocated budgets and add to the other. This does not magically create cash but frees up funds.

Further to this we have paid over the odds for players and completely tried to low ball others in the same transfer window.

So again that magic tree that seems to be your only solution, could be saved yet by smarter use of funds, allocate funds if needed to push. We can also have some manageable debt also if it doesn't jeopardise the long term future if the right player needed by the manager is short by a few quid.
Click to expand...
We've already got huge debt, we're not going to add onto that
 
DubSpur said:
We've already got huge debt, we're not going to add onto that
Click to expand...

Do you know anything about accounts in general out of question?

Banks are happy to lend money if needed and the business entity shows that they are more than capable.

Most big corporations are run with a degree of debt.
 
Gazza said:
Do you know anything about accounts in general out of question?

Banks are happy to lend money if needed and the business entity shows that they are more than capable.

Most big corporations are run with a degree of debt.
Click to expand...
Do you?

If we hadn't already got large debt then yes, they'd be happy to lend to us, especially for projects like the stadium that will increase income.
There comes a point when they won't be willing to lend. There's also the difference in interest rates now compared to when we secured the loans for the stadium.
Plus Levy isn't going to keep running up debt. Interest is just going to start eating into what we make.
 
DubSpur said:
Do you?

If we hadn't already got large debt then yes, they'd be happy to lend to us, especially for projects like the stadium that will increase income.
There comes a point when they won't be willing to lend. There's also the difference in interest rates now compared to when we secured the loans for the stadium.
Plus Levy isn't going to keep running up debt. Interest is just going to start eating into what we make.
Click to expand...

So you answered by saying "no" ... the repayments are jot even close to our profits ... its very affordable.

Remember when Levy said they would be "Pumping money" into the club by the tune of around £150m ... dont think we spent it all ... thats how they can get more into the club ... dont expect it all the time but if we are a couple mil short of signing a player that could make the difference, they would recoup that money back in the short term regardless.
 
Gazza said:
Do you know anything about accounts in general out of question?

Banks are happy to lend money if needed and the business entity shows that they are more than capable.

Most big corporations are run with a degree of debt.
Click to expand...
Our debt to turnover ratio is actually rather large. The stadium clearly went significantly over budget. Had it not been for Pochettino’s ahead of schedule 4 x CL qualifications in a row the club could’ve been in reasonable financial trouble.
 
Finney Is Back said:
Our debt to turnover ratio is actually rather large. The stadium clearly went significantly over budget. Had it not been for Pochettino’s ahead of schedule 4 x CL qualifications in a row the club could’ve been in reasonable financial trouble.
Click to expand...

But as it stands we are absolutely fine
 
Gazza said:
So you answered by saying "no" ... the repayments are jot even close to our profits ... its very affordable.

Remember when Levy said they would be "Pumping money" into the club by the tune of around £150m ... dont think we spent it all ... thats how they can get more into the club ... dont expect it all the time but if we are a couple mil short of signing a player that could make the difference, they would recoup that money back in the short term regardless.
Click to expand...
I don't claim to be an expert on it, but do try and listen to those with a lot of knowledge in the area and you obviously aren't one of those.

The owners putting extra money is a totally different scenario to a bank giving a loan.
 
Grays_1890 said:
We don't but we do make silly decisions like spend another 50m (pending) on a RWB who can't defend because the manager threw his toys out about us signing a RWB who was ironically a carbon if slightly younger copy. Another example of lack of joined up thinking TBH.
Click to expand...

Indeed, it was foolhardy to sign Porro because Conte would not play Spence, even though Conte had refused to commit to us.

But alas, we make stupid footballing decisions.
 
DubSpur said:
I don't claim to be an expert on it, but do try and listen to those with a lot of knowledge in the area and you obviously aren't one of those.

The owners putting extra money is a totally different scenario to a bank giving a loan.
Click to expand...

At times that may be needed to sustain and maintain the club via a directors loan. We have yet to sell the stadium making rights etc that's guaranteed money if Levy and Co ever wanted to claim it back.

Not saying its the way forward but if a manager for example needed one final player to complete the team to actualy push then why not? However it would have to be exceptional circumstances like we are top of the league by 11 points with a game in hand in January lol.

But yes I wouldnt want to jeopardise the club however when we have faced relegation or extremely poor form levy has shown to loosen the purse strings somewhat ... just doesn't do it currently when we have been close to winning something.
 
Gazza said:
At times that may be needed to sustain and maintain the club via a directors loan. We have yet to sell the stadium making rights etc that's guaranteed money if Levy and Co ever wanted to claim it back.

Not saying its the way forward but if a manager for example needed one final player to complete the team to actualy push then why not? However it would have to be exceptional circumstances like we are top of the league by 11 points with a game in hand in January lol.

But yes I wouldnt want to jeopardise the club however when we have faced relegation or extremely poor form levy has shown to loosen the purse strings somewhat ... just doesn't do it currently when we have been close to winning something.
Click to expand...
Winning isn't a priority. It would be nice to get but taking a risk to achieve just doesn't fit their cost benefit analysis.

Sent from my XQ-BC72 using Fapatalk
 
You must log in or register to reply here.
Back