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Financial Results

always an interesting read, I do question his numbers though, there is no way we have really given Valencia 26m for Soldado

He's an Arsenal fan and some of his previous entries on Spurs have had a very negative spin. I just stick with looking at the graphs and comparisons.
 
10%2BTottenham%2BRevenue%2BGrowth%2BTop%2B6%2B2014.jpg


We are the 6th richest club in the league.

23%2BTottenham%2BWages%2BGrowth%2B2014.jpg


ManU, Chelsea and Liverpool all pushing hard to get back to former glories.
 
I put it on the nose, I don't think it is, the most likely explanation is that we broke him imo
Oh it is.... I have witnessed it with my own eyes on numerous occasions, too often he has completely failed to even hit the target when presented with an opportunity and that is criminal for any striker, let alone one who cost £26 million at the age of 28.
 
Financial Highlights

Revenue for the year ended 30 June 2015 was £196.4m, an increase of 9% on the prior year (2014: £180.5m).

Premier League gate receipts were £22.3m (2014: £22.4m). The Stadium continued to sell out for all Premier League home games further underlining the need for an increased capacity stadium to meet demand and satisfy a waiting list for season tickets that was c45,000 during this period and has now risen to over 50,000.

The Club reached the round of 32 of the UEFA Europa League (2014: round of 16) resulting in gate receipts and prize money of £7.1m (2014: £9.2m).

Revenue from the domestic cup competitions earned the Club £4.4m (2014: £3.2m) having reached the final of the Capital One Cup (2014: quarter final).

Television and media revenues rose to £90.5m (2014: £89.5m), as the Club finished a place higher in the Premier League in 5th (2014: 6th).

Sponsorship and corporate hospitality increased significantly to £48.9m (2014: £37.3m).

Merchandising revenue increased by 12% to £12.3m (2014: £11.0m).

Profit from operations excluding football trading and before restructuring and depreciation was £46.7m (2014: £36.0m). Profit for the year after interest and tax was £9.4m (2014: £65.3m).

The Club had net debt at the year end of £20.8m (2014: net funds of £3.2m) and net assets were £183.0m (2014: £183.7m).

Northumberland Development Project (NDP) Update

The progress of the Club’s new stadium scheme has been evident both to visitors to the Lane and those who have logged on to watch the webcam (www.tottenhamhotspur.com/newscheme/stadiumtv), as the Club builds out the basement.

We received planning permission from Haringey Council on 16 December 2015 for the revised updated stadium scheme. We are awaiting a number of further planning confirmations within the next month, including the White Hart Lane station delivery timetable and public realm improvements.

The Club has shown a huge commitment to the area having already delivered over 250 affordable homes on nearby developments and is conscious that the stadium scheme plays a key role as a catalyst for wider regeneration.

We shall continue to provide updates as matters progress.

Player Accommodation Lodge at the Training Centre

Construction has commenced on this facility which will provide high quality accommodation for the First Team and Academy, allowing the Club to provide a controlled, consistent and familiar environment for our players to optimise rest, rehabilitation, recovery and diet alongside our world-class Training Centre.

Outlook

Chairman, Daniel Levy, said: "This financial period saw a consolidation of the squad and substantial progress on capital projects.

“Mauricio and his coaching staff have created a great team spirit in a stable squad that encompasses both experience and youth. The results speak for themselves.

“We are continuing with an ambitious growth strategy. Our player development, on pitch performances, enhancements to our highly rated Training Centre and commencement of the new stadium scheme which will also host NFL, signify an exciting future for the Club.”

http://www.tottenhamhotspur.com/news/financial-results-year-end-30-june-2015-310316/
 
We made a profit on football trading as well, right? I wonder how much we put towards the stadium last year, and how many similar years are left to fund.
 
Financial Highlights

Revenue for the year ended 30 June 2015 was £196.4m, an increase of 9% on the prior year (2014: £180.5m).

Profit for the year after interest and tax was £9.4m (2014: £65.3m).

The Club had net debt at the year end of £20.8m (2014: net funds of £3.2m) and net assets were £183.0m (2014: £183.7m).

Profit down substantially while revenue was up. Debt up while net assets were the same. What is going on?
 
Cracking photo Gutter Boy, where is it from, the OS? I am already spending far too much time watching the live feed of the build, instead of working, but that photo is a cracker.
 
"The Club reached the round of 32 of the UEFA Europa League (2014: round of 16) resulting in gate receipts and prize money of £7.1m (2014: £9.2m)."

Well that was worth the effort...pretty much paid for Ade's salary.
 
"The Club reached the round of 32 of the UEFA Europa League (2014: round of 16) resulting in gate receipts and prize money of £7.1m (2014: £9.2m)."

Well that was worth the effort...pretty much paid for Ade's salary.

Related TV money, sponsorship and merchandise will bump that significantly
 
Hopefully the future is bright. A Bright, financially astute chairman alongside a bright football astute manager. New stadium too. Good times.
 
Profit down substantially while revenue was up. Debt up while net assets were the same. What is going on?

You missed out the following:

Profit from operations excluding football trading and before restructuring and depreciation was £46.7m (2014: £36.0m).

So profit on the operating costs, essentially revenue minus expenses, went up as the revenue went up, as you'd expect. After all the accounting tricks the taxable profit was down.
 
You missed out the following:



So profit on the operating costs, essentially revenue minus expenses, went up as the revenue went up, as you'd expect. After all the accounting tricks the taxable profit was down.

So a big chunk of that £46.7m profit was moved around ENIC companies/to the Bahamas before it could be taxed?
 
Probably not. There could be amortisation charges for players bought years ago. Players bought on the Modric and Bale money would still be affecting the accounts this way. Similarly the debt could be up because we had to pay instalments on transfer fees for players signed years ago.
 
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