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Mauricio Pochettino - Sacked

is it?

for me, where we are now seemed impossible from where we were when they took over

Infrastructure-wise absolutely. However, ultimately we don't go to watch Spurs and engage in banter with other football fans etc singing "Our stadium is bigger than yours" or "we have the best training ground" or "our cheeses are better than yours" etc.
The infrastructure improvements are indeed great but ultimately it's success on the field that counts. Under ENIC we have won one league cup. We all have to hope that will change, but we only need to look down the road for what can actually happen instead...
 
Infrastructure-wise absolutely. However, ultimately we don't go to watch Spurs and engage in banter with other football fans etc singing "Our stadium is bigger than yours" or "we have the best training ground" or "our cheeses are better than yours" etc.
The infrastructure improvements are indeed great but ultimately it's success on the field that counts. Under ENIC we have won one league cup. We all have to hope that will change, but we only need to look down the road for what can actually happen instead...

success isn't measured by domestic cups these days, CL participation is what matters
 
I couldnt give a brick about "banter". It is of little importance to me.

I do give a brick about that infrastructure though. Not because its exciting in and of itself, but because it is exactly the sort of thing that gives us a very bright - and successful - long term future.

fudge that we havent won a few cups the last decade, we are setting up to win them every couple of years from here on out!
 
I couldnt give a brick about "banter". It is of little importance to me.

I do give a brick about that infrastructure though. Not because its exciting in and of itself, but because it is exactly the sort of thing that gives us a very bright - and successful - long term future.

fudge that we havent won a few cups the last decade, we are setting up to win them every couple of years from here on out!

That's all well and good (and i mostly agree about the infrastructure, which is great).
However, Arsenal fans were saying and thinking the same years ago and look how things have turned out.
Until ENIC show they are different from the Arsenal board - in that they use the greater infrastructure to reach for the top and not just for the riches of the top 4 - then we wont be able to see them as any different to the Arsenal board as far as i'm concerned.

ENIC have done great so far, no doubt, but lets see if they are more interested in the infrastructure long-term than the actual football and playing staff, which is the main reason i'm interested in THFC.
 
That's all well and good (and i mostly agree about the infrastructure, which is great).
However, Arsenal fans were saying and thinking the same years ago and look how things have turned out.
Until ENIC show they are different from the Arsenal board - in that they use the greater infrastructure to reach for the top and not just for the riches of the top 4 - then we wont be able to see them as any different to the Arsenal board as far as i'm concerned.

ENIC have done great so far, no doubt, but lets see if they are more interested in the infrastructure long-term than the actual football and playing staff, which is the main reason i'm interested in THFC.


Well, in terms of the jury being out on ENIC, I think thats grossly unfair.

As noted, we have developed far beyond our wildest dreams during their tenure. And are about to take possession of one of the best stadia in the world and call it home.

If ENIC packed up and left tomorrow Id call their time an unqualified success.

My personal opinion - Levy learns. He see's how other clubs work, how successful their projects are, and he takes them and makes them work for us.

Case in point - the stadium. Another example? The academy. Another? The transfer policy.

That being the case, Id be inclined to show a little faith in him/the board rather than make demands on success and maintaining a rather high degree of sceptisism.



Wenger won more than his fair share of domestic cups as well. It's not necessarily an either/or.

This is kind of what I was getting to earlier - sustained CL = big squad = able to handle more competitions = more chance of winning more.

Its fairly well proven logic.

I wonder had Arsenal been kicking around the Europa all this time like us whether they would have been as successful? And even then - people claim they should have done more.
 
That's all well and good (and i mostly agree about the infrastructure, which is great).
However, Arsenal fans were saying and thinking the same years ago and look how things have turned out.
Until ENIC show they are different from the Arsenal board - in that they use the greater infrastructure to reach for the top and not just for the riches of the top 4 - then we wont be able to see them as any different to the Arsenal board as far as i'm concerned.

ENIC have done great so far, no doubt, but lets see if they are more interested in the infrastructure long-term than the actual football and playing staff, which is the main reason i'm interested in THFC.
Had Arsenal not put that infrastructure in place they would be even further behind now than they are.
 
I’ve yet to see one clear article on it. All I’ve seen is “it costs a billion so that’s bad.”

What we really need to know is:
1. How much have we borrowed
2. Have we spent the 200m we had in the bank at the end of 2017
3. Over how many years is it repayable and how much do we repay per year
4. How much extra revenue is the stadium projected to generate per year

As I see it, 4 - 3 = our extra revenue (or deficit) while we pay the thing off and 4 = extra revenue after that time.

It'll become clearer in a couple months when our accounts for the year to June 2018 will have to be published by, and then clearer still by 12 months after that (those accounts will show the net debt position and various other details).

However, from memory we announced last autumn that net debt was around £360m, plus we'd taken out a new debt facility which was around £240m. So I'd expect net debt, before any paydown from profits this year, to be around £500m - £600m.

I believe the main facility was a 5 year term loan, which we'd likely refinance at the end of the 5 years - I could believe that we might partly aim to pay ti down in order to get more favourable terms, say to £300m. So if we paid £50m p.a. to taken it down from £500m to £300m over 4 years, plus another say £30m interest costs (£400m @ 7.5%) thats £80m p.a. on debt.

We generate more cash than that already I believe so I dont think the stadium should hamper us - however whilst its being built, the project is somewhat open-ended, and we might have also made commitments to the banks about what we would spend on transfers etc during the build.
 
It'll become clearer in a couple months when our accounts for the year to June 2018 will have to be published by, and then clearer still by 12 months after that (those accounts will show the net debt position and various other details).

However, from memory we announced last autumn that net debt was around £360m, plus we'd taken out a new debt facility which was around £240m. So I'd expect net debt, before any paydown from profits this year, to be around £500m - £600m.

I believe the main facility was a 5 year term loan, which we'd likely refinance at the end of the 5 years - I could believe that we might partly aim to pay ti down in order to get more favourable terms, say to £300m. So if we paid £50m p.a. to taken it down from £500m to £300m over 4 years, plus another say £30m interest costs (£400m @ 7.5%) thats £80m p.a. on debt.

We generate more cash than that already I believe so I dont think the stadium should hamper us - however whilst its being built, the project is somewhat open-ended, and we might have also made commitments to the banks about what we would spend on transfers etc during the build.
Thanks Adam.... I had forgotten about that interim statement in October.... Here are the details of it again from our website:

The Club’s investment over recent years in facilities has resulted in total gross tangible assets at 30 June, 2018, in excess of £1bn - facilities which include the Training Centre, the new Players’ Lodge, Percy House, home of the Tottenham Hotspur Foundation, Lilywhite House Club offices, new retail warehouse, new Paxton House Ticket Office and now the new stadium along with the newly-opened Spurs Shop – the largest football club store in Europe - plus other property assets.

These investments have been financed by funds from the Club and bank finance, principally from Bank of America Merrill Lynch International, Goldman Sachs Bank USA and HSBC Bank plc (“Banking Partners”) who have provided a development facility of up to £637m. At 30 June, 2018, the Club had net debt of £366m.

This level of investment by the Club has been made possible by record revenues of £381m and profit from operations before football trading, depreciation, interest, tax and exceptional items of £163m for the year to 30 June, 2018. Trading for the current year will, however, be impacted by the additional costs of Wembley and the delay to the opening of the new stadium.

It will be interesting to see exactly how much of that £637 facility we end up using. Considering the fact that we had already invested £315 million in the stadium in the period up to June 2017 if we end up using the entire £637m facility then it really will be a £1 billion investment!

My thoughts are that my £450 million estimate will end up being somewhere close to the mark however.
 
Regarding this part of the quote-

“I hope, or I wish to be here 20 years, and decide to leave or to finish my career here," said Pochettino.”

5 Live have just misinterpreted the ‘leave’ part as either leaving now or staying for 20 years.

I read that, in Poch’s idiosyncratic phrasing, that he would (either) leave or retire after having spent 20 years here. Not that it’s one or the other right now.
 
No he didn't

He said he likes technology and likes VAR but (a) it needs to work quicker and (b) we need clarity about when it will be used
In the interview I saw he said he didn’t like the decision made by Var to award the penalty.
 
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