Bedfordspurs
Mark Falco
Honestly don’t remember ever seeing thatYes it's in the financials.
Honestly don’t remember ever seeing thatYes it's in the financials.
It didn’t cost double. Ours has about £85m so far
I know the people who built ours and ours now would cost about £120m
I’ll do some digging to see who built there’s
My business partners son plays for Leicester youth and is using it this summer so I’ll see if I can get there for a game
The training ground was after they won the league
Remember who they beat to win the League?
That mentions a contingency fundhttps://medium.com/@CharlesRichards...borrowing-more-revenue-more-nike-c42bbd42c2d1
Missing from the financial statement were two things: a specific mention of naming rights, and any suggestion that Tavistock Group (Joe Lewis’s group which ultimately owns Spurs) has put any more money in beyond the previously announced £50m contingency fund.
You can look in the financials it was converted into equity as per ffp.
That mentions a contingency fund
That would have been for the build
The guys I know who built itWhere are you getting the 85m figure from mate? Interested to read it if it's available.
News reports have generally stuck to 45m as the sticker cost for the training ground...
https://www.liverpoolecho.co.uk/spo.../how-liverpools-new-training-complex-12653082
...and the training ground was actually capitalized at 27.5m (and was apparently quoted as costing just 30m) at its opening in the accounts...
https://medium.com/@CharlesRichards...-through-the-stadium-construction-e09d67760ac
No that would have been just in case moneyYes, that's what i said. He put £50m in to help pay for the stadium.
The guys I know who built it
Your looking at a one odd build cost. Not the actual costs including land and other things added
I know the guys that built it
I had the plans on my desk before it was built from a company called Halsall electrical who were pricing the m&e
It’s what I do for a living hence why it’s something I actually know about
And Leicester’s infludes the cost of buying the golf course too
I’ll message some lads at McLaren who built it as they built ours ... and their the guys who told me ours was the best in the world
What you have you remember is building costs in the UK have increased massively since we built ours too. Hence some of the extra cost on the ground
No the £100m is a round figure including all costsWell, I'll take your word for it, but you then have to factor in the actual costs for the new Seagrave facility for Leicester too. Like with us, 100m is just the sticker cost reported by the media - I assume it costs more than that, if I follow you correctly.
Leicester have just bought and sold consistently well over a period of say 5+ years and have a decent manager.
Its not some black magic and doesnt need to cost a £bn.
When was the last time we signed a little known player who ended up being a first choice player like Vardy, Ndidi etc or even just got a Tielemans etc for a decent price?
They have managed their injuries brilliantlyWe were in a domestic final this season, we were in the biggest final of cpub football not so long ago and been in others + semi's too - different results on the pitch in those games and suddenly the owners look better. I wonder if Liecesters squad this season is seen as deeper than what ours has been in those instances where we have fallen short? Or have they just managed the game better?
No that would have been just in case money
Contingency funds sit in the client risk pot
To be drawn down as abs when required
And then included in the core contract
Yeah that’s not covered in that articleYes and we needed it as the stadium overran. We even had to borrow more. It was converted into equity as per premier league ffp rules.
Sold really well
Brought well
But the key was selling their best players on paper for silly money to Chelsea
Wasn't their owner blown up in a helicopter?
Had we got luckier and won the CL final or the Rumbelows cup the other day, would you be shallow enough to be praising the owners?
Leicesters wages to turnover ratio was 84% up to june las year. Guess it's over 400% this season with no fans. It's a hell of a gamble.
They miss out on ccl they have to sell. We saw what happened last time.
Leicester are brilliant at doing what they do(Helicopter crashes often seem suspicious. It's too easy to tamper with them while they are in a parking lot. Rare for modern machinery to fall out the sky so who knows what really happened there).
Leicester are basically using the Levy model. Doing what he did well 15 years ago - buying the most promising talent, selling them on at a profit and reinvesting in the next wave. It doesn't always work. And as the club matures, it has to try a slightly different tack and hang onto the core of the team. But I do think Levy would have been buying quite a few of the signings Leicester snagged if he'd had a manager who'd have let the club follow such a model (and if we'd had more cash during the build). Poch wanted control but he wasn't shrewd in the market.
They don’t have the incomeOh evertons is worse.