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Tottenham Hotspur Stadium - Licence To Stand

scaramanga said:
That's revenue apparently. Profit will be nowhere near that. Costs are high at high end restaurants and a couple of ours are near that end of the scale.
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Ah, I see. Shame, we could've used the extra money to catch up with the richer teams.
 
Grays_1890 said:
Spurs making £800,000 a game on food sales alone
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Do you mean sales or profit? Do you mean to include drink?

Isn't that old news? Someone said Spurs took £800k in food and drink sales BEFORE the Legends game. They sold 3 times what they expected. Maybe it was on here, maybe on SSC a couple of weeks ago.
 
DubaiSpur said:
This is a Brighton blog...

That would have been just reward for a positive line up. ... nobody could have predicted that they’d be so attacking. Two strikers were on the pitch in Florin Andone and Jurgen Locadia, two attacking midfielders in Pascal Gross and Yves Bissouma and one winger in Alireza Jahanbakhsh.

Seemingly gone was Hughton’s customary caution
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Wow - if that is Brighton in full attack mode, I would hate to see them in full defensive mode
 
"... Had they moved to Stratford, Spurs would now boast a similarly impressive stadium, with far less financial baggage, leaving them in a position to challenge the Premier League’s financial superpowers more quickly.... "

I think debt on a fixed asset isn't that daunting, especially how we are going to milk income from non match days.

Can the finance experts weigh in? How soon before we exceed West Hams transfer budget, and then challenge the financial superpowers?

Separately isn't West Ham in serious danger of disappearing in less than a hundred years time?




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scaramanga said:
Profit on that £800k is probably somewhere between £25-50k. Nothing to be sniffed at, but not huge in the scope of a football team.
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Profit on a decent catering offer is 35%
Obviously there are other costs on top but that’s your gross or you may as well give up

Premium offerings can make 50%

I look after a number of catering offers with a few clients and we make £5 profit in every £10 spent
 
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Bedfordspurs said:
Profit on a decent catering offer is 35%
Obviously there are other costs on top but that’s your gross or you may as well give up

Premium offerings can make 50%

I look after a number of catering offers with a few clients and we make £5 profit in every £10 spent
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My numbers are from restaurants rather than catering - staff numbers tend to be less flexible, as does stock.

That said, one major cost of a restaurant is the premises, which we already own. One thing restaurants don't normally have to pay is a license for naming rights. I'd imagine we have to pay Chris Galvin a fair chunk.
 
scaramanga said:
My numbers are from restaurants rather than catering - staff numbers tend to be less flexible, as does stock.

That said, one major cost of a restaurant is the premises, which we already own. One thing restaurants don't normally have to pay is a license for naming rights. I'd imagine we have to pay Chris Galvin a fair chunk.
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Catering, food where you are not accounting for seating and drinks tend to have decent profit margins.

Thing people need to realize is Levy is fudging brilliant, it's not one revenue source, the stadium

- Has increased seating (2nd biggest in league I believe)
- Increased corporate and premium seating (higher profit margin)
- Food and drink (and the setup to keep people in stadium longer)
- NFL & Rugby deals
- Use of stadium for other non Spurs things (pre-season, non football, hosting cup finals)

Does our matchday compare to others? = probably but may not be a huge gap
Does all of the above compare = I'm quite sure LEvy has done the math and we will be significantly ahead of others
 
scaramanga said:
My numbers are from restaurants rather than catering - staff numbers tend to be less flexible, as does stock.

That said, one major cost of a restaurant is the premises, which we already own. One thing restaurants don't normally have to pay is a license for naming rights. I'd imagine we have to pay Chris Galvin a fair chunk.
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Yeah I’m working on fixed catering offers without competition
And 90% of the overheads are covered with the biggest cost being the staff now
Galvin runs the restaurant... or his brother does (can’t remember)
 
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