https://www.goal.com/en/news/assess...tspurs-new-stadium/13xo4l1pe98o51qrx9qyl1io4u
At the outset, it was estimated that the construction of the new stadium would incur costs of around £400 million, but in 2017 it emerged that it would actually be nearly double that - around £750m.
Since then, however, reports in the British press have suggested that the new stadium cost Spurs roughly £1 billion in the final analysis.
OK, 2.5X not triple
Brexit was a known risk and covid was not - Under those circumstances in the private sector, if i were running any project which resulted in a 2.5X overrun I am pretty sure i'd be sacked from my job. Also suspicious that that Levy received a huge bonus linked to the construction of the stadium before it was completed.
Levy, who has been at north London since 2001, earned £2.96 million at the north London club last term. This is way less than the amount he earned the season prior. In the 2018-19 season, Levy racked up £7 million. This exorbitant amount, however, also included a £3 million in connection with Spurs' £1 billion-worth new stadium development.
https://www.republicworld.com/sport...iel-levy-to-become-highest-paid-director.html
Note that in 2018 Spurs became the first club to have a no-transfer window (which would continue for another two windows) and the window we missed out on Grealish whose value would ballon a year later.
https://www.standard.co.uk/sport/fo...tory-to-make-no-summer-signings-a3907961.html
Once again not disputing that the club is heading in the right direction, just that the owners/corporate staff are milking they club and fans more.
Brexit was known risk? Taken some strokes with that comment TBH
One of the issues here (and I fall into this category too) is that fans rarely know best and its easy to run a club whilst mapping out the logic on the back of fag packs.
Our fans were so clever they hounded the club not to use the furlough scheme which was there to assist organisations like ours and rather the club lose a million pound a day in Covid hence the need to take another loan, I mean when the Enic out lot used that stick to beat the club with absolutely zero thought of the financial losses that hurt the club, that then ironically hit the transfer plans, I knew they were full of sh1t
The club had zero input into the outcome of Brexit and at the time of planning the new ground Brexit was not even a thing, so to talk like the costs and issues could have been planned around is laughable. People also like to ignore that alot of the final and expensive work, including delays was because of sabotage from rival fans, delays which meant we had to pay ridiculous labour costs, to try and hit timelines, oh and those costs were exasperated why? Lack of available labour
As for transfer policy, the club spends, I have argued we have spent badly which is our downfall but its easy as fans when you are not accountable for the decision and its easy to demand online, but I remember the clamber for the likes of Coutinho, James Rodrigues and Malcom and subsequent meltdown when we didn't sign them, but as there is no responsibility in demanding players as fans there is also no one that turns rounds and admits they were wrong about their opinions and that maybe buying players is harder than they care to admit. The Teilemanns argument another example, he was cried about missing like he was the second coming, but in reality he is an ok player no more.
Ultimately fans want us to sign every player we are linked with, regardless, and if we don't its lack of ambition, just go and spend 5 mins on twitter. I am not denying we need to make extra strides and ensure success in the market but I find the whole thing a game of extremes as far as fans are concerned. Porro another example, could well be a good player but fans acting like they have been scouting him for years, despite never mentioning him before links are clearly gearing up to lose their sh1t if that signing does not happen, its clear as day, you can sense the meltdowns already
I am not saying the club are perfect, far from it, but I am also not going to cry my eyes out in only, what is it, second or third full season in the stadium and keep repeating "Moving into the stadium was a gam changer" like the #EnicOut jive bunnies. Im also not going to claim Enic are an issue whilst pandering to links for investment from people that bunged their way to hosting a world cup
Interesting that when a plan comes to fruition and maybe owners are proved right that fans go silent, case in point, I have not heard one Kronke/Arteta out jibe from those punks down the road..... funny that