milo
Jack L. Jones
How much is the new TV deal worth?
I firmly believe there is money there to spend if the right set of circumstances present themselves, i.e. the right player at the right price. Player deals are rarely cash up front affairs anyway so we do not need 20mil sitting in a numbered Swiss bank account. All we need is to project ahead and cover the payments and wages or whatever. If you believe what you read then the new TV deal will more than cover a punt or two if that is what the chairman wants. But is it?
The stadium and training ground are the other factors in the equation. We have spent some 40mil or so on the training ground, and the land and other acquisitions for the stadium are north of 90mil if what I read is correct. That is a fair chunk of money not available for transfers. This is money in the bank so to speak, and that much less we have to generate in sponsorship for the stadium construction.
http://www.dailymail.co.uk/sport/fo...ris--5-5bn-TV-pays-screen-Premier-League.html