Good result today boys, and I hope you crack on for a top 4 spot, but just looked at your fixtures between Jan22nd - March24 and they look horrendous. From 27 available points, I don't see you getting more than 10-11 points.
posted on 6/11/11
Wasnt that 60m due to buying propertyand stadium expenses????
posted on 6/11/11
fair enough squid, I was wrong. You will get 27/27 points.
End of debate............
posted on 6/11/11
Ah dont you like the truth then
posted on 6/11/11
squid :
These are the "facts" as I read them ...
1. I THINK that ENIC paid off the net debt. The "5 year review" on the net debt was a bit unclear to me, and based on wording in later years (the net debt in some annual reports only seemed to sum up to a "year zero" of 2001) .
2. The conversion of share class (that I assume had to be service/honoured by some future date) to debt, happened as stated and increased the net debt by 24m. From what I could see, these shares were incumbent and inherited (they were not issued or created during the ENIC ownership to that date)
3. A recent debt increase of 15m (for real estate purchase) was done via a share rights offer. I assume (not confirmed) that ENIC purchased said shares.
And again, if assumptions for 1 and 3 is not true, and 2 is, it makes for a figure too painful for some to behold ...
posted on 6/11/11
Dont know the ins and outs , just under the impression that we had a small debt which was stadium related .....
posted on 6/11/11
To the Man Pity follower that foolishly scribbled the original article:
I look forward to seeing you proved wrong.
posted on 6/11/11
Money might buy success however it doesn't buy you class, style, tradition or friends.
Lottery winners - the new noveau rich.
posted on 6/11/11
squid :
The worst case is that ENIC have effectively have paid + must find 60m in total to cover the debt over the decade by their own activities.
So 60m NET expenditure in 10 yrs re the PL placings over that time (mediocrity to top 5 for 4 of the past 6 yrs) is very sound financial management indeed.
posted on 6/11/11
Leave the wishful thinking of <Citeh> s where it belongs.
One game at a time is all that needs to be done when it comes to Spurs and the PL.
posted on 7/11/11
That run of games is a tough one, agreed, but we are well capable of winning our home games and getting something away Everton, Arsenal, Liverpool, Chelsea.
There is no reason why we cannot average 2 points a game during that period.
Also, you need to put those fixtures in context. They are preceded by Norwich(a) Swansea (a) WBA (h) Wolves (h) and followed by our run in of Swansea (h) Sunderland (a) Norwich (h) Bolton (a) QPR (a) Blackburn (h) Villa (a) Fulham (h) .
We could quite conceivably gain 30 points from those 12 games, so even a 10-12 point take from our tough run of nine games would still represent 2 points a game which will be plenty to keep Spurs on track.
For a run-in that set of fixtures is not bad at all!