Gazza Dazzla
Chris Perry
Yea how can the jury possibly be out on Enic? They’ve (Levy’s) worked miracles.is it?
for me, where we are now seemed impossible from where we were when they took over
Yea how can the jury possibly be out on Enic? They’ve (Levy’s) worked miracles.is it?
for me, where we are now seemed impossible from where we were when they took over
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...
success isn't measured by domestic cups these days, CL participation is what matters
Hi Arsene, welcome to GG
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.
Wenger won more than his fair share of domestic cups as well. It's not necessarily an either/or.
Had Arsenal not put that infrastructure in place they would be even further behind now than they are.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.
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.
Thanks Adam.... I had forgotten about that interim statement in October.... Here are the details of it again from our website: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.
Just said he doesn’t like Var!
Maybe he meant Vardynever liked him, bring back Timmeh
No he didn'tJust said he doesn’t like Var!
In the interview I saw he said he didn’t like the decision made by Var to award the penalty.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
He says a right load of garbled SpanglishIn the interview I saw he said he didn’t like the decision made by Var to award the penalty.