thanks for the education guys
edit: er ok after reading the urban dictionary I have now decided that ignorance is bliss.
Your loss. Where else would you learn about the Alaskan Firedragon and the Alabama Hot Pocket?
thanks for the education guys
edit: er ok after reading the urban dictionary I have now decided that ignorance is bliss.
Which is an impact that would happen to any club - We are fortunate enough to have a combination of an intelligent chairman and coach to see us through such a potentially difficult period and still enable us to compete. Levy's business/financial nous combined with Poch's ability to develop young talented players is a perfect combination for our current plight.....All he's really saying is what everybody has known all along (despite explicit and repeated denials in the past), which is that the new stadium is having and will continue to have a significant impact on transfer spending. Well, blow me down.
Which is an impact that would happen to any club - We are fortunate enough to have a combination of an intelligent chairman and coach to see us through such a potentially difficult period and still enable us to compete. Levy's business/financial nous combined with Poch's ability to develop young talented players is a perfect combination for our current plight.....
ExactlyDon't agree, I think what was said is likely (my interpretation)
- The stadium does impact our view of spending (should not be a surprise there)
- Hence we are less likely to take risks
What I expect that will mean is buys like Alli, Dier, Eriksen (5-15M range) that we feel would be a good fit, young and with resale value will continue. However, buys like Soldado (expensive and unproven in league) or a random "buy someone as cover because we didn't get our man" won't.
And as much as I love Poch, I think he's deflecting a little here, I don't think he likes big squads, and I think he's ultra picky around who he wants to buy. My bet, we didn't but this window not because the club couldn't find 15M, but because Poch's very small list of targets weren't available.
All he's really saying is what everybody has known all along (despite explicit and repeated denials in the past), which is that the new stadium is having and will continue to have a significant impact on transfer spending. Well, blow me down.
Where in the financial reports does it show that money leaving to TH Property Ltd.?
I'd like to think it is being squirreled away but I'd imagine the more likely explanation is its being spent elsewhere in the running of the club
I don't think Poch likes the idea of big money signings anyway.
He's authoritarian and plays a high tempo game. Anyone with a hint of an ego wouldn't last very long in the setup.
Son is the only big money signing he's made to date. And he's obviously a particular 'good egg' - someone who will submit to the coach's vision and put the graft in.
The evidence is quite striking if people bothered to look at it:
- 2001-2007 - annual net transfer spend = £20m
- October 2007 - new stadium announced
- 2008-2016 - annual net transfer spend = £0m
That's about £160m which has been redirected to TH Property Ltd.
TH Property is an offshore ENIC company that they've used for purchasing all the land and paying for all the groundwork.
It's just moving money between ENIC companies, but TH Property is Bahamas based, so presumably all the capital spending coming from there is because of tax advantages.
Right so where is the proof in the financial reports that we're paying the money you think we're saving, by having a net transfer spend, in to this off shore company?
Hertyid said this: I know for a fact that we don't have free cash flow right now, it's all being reinvested into the NDP.
The Goat said that's wrong.
I do think we are investing as much as we can, when we can though. Putting it away in an offshore account? Nah.
I don't think Poch likes the idea of big money signings anyway.
He's authoritarian and plays a high tempo game. Anyone with a hint of an ego wouldn't last very long in the setup.
Son is the only big money signing he's made to date. And he's obviously a particular 'good egg' - someone who will submit to the coach's vision and put the graft in.
The evidence is quite striking if people bothered to look at it:
- 2001-2007 - annual net transfer spend = £20m
- October 2007 - new stadium announced
- 2008-2016 - annual net transfer spend = £0m
That's about £160m which has been redirected to TH Property Ltd.
Steady on Poch. We're not that bad.Tottenham head coach Mauricio Pochettino on his decision not to sign any senior players in January: "You can spend a lot of money and create a big team and win everything.
"But sometimes you can maybe not spend too much money and buy cleverly and by mixing the pieces you can build a big team too.
"If you get success, you are shown to be right. If not, the people kill you."
Steady on Poch. We're not that bad.
But if you loose your dead.
You might well be right.
Look, steff: I'm sorry, mate. I've kinda realised that my frustration and disappointment spills over into the forum too easily at times, and that's despite my newfound attempts to stay calm and put it in perspective. I've never held anything against those I could hold a reasoned conversation with, and I never will: trust me when I say that I understand why you and the others I enjoy interacting with (most of this forum) can get annoyed with my posting behaviour at times.
I won't be able to change my pessimistic outlook as easily as you suggest: it's odd, because I've mostly been a happy-go-lucky type in areas not involving Spurs, often to my great detriment. I suppose the ghost of 2011/2012 still hangs heavy on me and makes me see pitfalls where others only see gold-paved roads. But what I can change is my contributions to this forum, and I'll keep trying to do so, hopefully with more success going forward.
Stay frosty, mate.
When YOU complain on a message board it's like that. When I do it is more like Les Misérables (with background music and all)You kno
I do like how he equated us with 'the people', like we're some great, slumbering mass that can rise to revolution and change the course of history. Makes it feel like complaining on a message board is literally this:
..whereas just saying 'the fans kill you' makes it far less invigorating.