The stadium itself doesn't take too long to build. I think we built the Emirates within a couple of years. It's the planning application that can hold things up a bit before construction can begin
4.4 In consultation with the Council, THFC has been actively negotiating with landowners for many years, and since the Council’s 16th November 20 10 “in principle” resolution these efforts have intensified in order to see if an agreement can be reached to acquire by private treaty. In the majority of cases, this has been successful, with the Club owning over 90% of the site. One remaining landowner has been unable to agree terms with THFC. THFC have shown satisfactory evidence to Council Officers that a CPO is now needed as a matter of last resort and deferring any decision will adversely impact on the ability to secure funding and delivery of the scheme.
http://www.minutes.haringey.gov.uk/Published/C00000118/M00005358/AI00029417/$TottenhamCPOreportcoveringreport.doc.pdf
Sheet metal workers
Comment deleted by Site Moderator
Well said Galv. His words are meaningless.
Comment deleted by Site Moderator
It will certainly be disappointing if the stadium is not completed until 2017.
Another year of trying to keep up with our rivals. In business you try & foresee any potential obstacles and insert them into your timelines. Someone has slipped up big time here!
Levy's words are useless. Everyone else's words are fine.
"Someone has slipped up big time here!"
How much of the build is contingent on CL participation ??
Would be a miracle to get the funding for new WHL without it.
http://www.tottenhamhotspur.com/news/financial-results-shareholder-and-stadium-update-020414/
The ITT's were supposed to have gone out already, so someone has obviously pulled the plug & advised interested parties that bidding will not now take place until later this year.
Season tickets and membership due purchance?
Levy is full of Sh 1 t
2017 ? Do me a favour. Wasn't it due 2016?
"2017 ? Do me a favour. Wasn't it due 2016?"
Was all explained in that Q+A session.
sorry darth.....the force is strong in me....your jedi mind tricks won't work.
the force is strong in me...i'm not buying it....
The 40m from ENIC is very interesting.
It suggests Uncle Joe regards new WHL as being more important to the club finances than getting the virtuous circle of CL revenue going.
I think Uncle Joe has got it the wrong way round. If we can't immediately sell out a big European game like the Benfica one most recently, and others, then can we really expect to fill a 60k stadium every match?
Maybe if we were CL regulars and had that virtuous circle going we could, but not before it. The time for investment and gambling was previously when we had a chance/chances to solidificate a top 4 position.
comment by The RDBD (demoted to supporting the team managed by Pep Guardiola) (U1062)
posted 24 minutes ago
The 40m from ENIC is very interesting.
It suggests Uncle Joe regards new WHL as being more important to the club finances than getting the virtuous circle of CL revenue going.
----------------------------------------------------------------------
At least they're taking financial responsibility for us not securing CL when the opportunity was there.
You get the feeling that Uncle Joe understands the investment ROI/risks on bricks and mortar etc than players.
Hence the 40m on that rather than say during the Damiao days.
TBF he would not be alone in that (Sugar seemed to have similar problems) .
"At least they're taking financial responsibility for us not securing CL when the opportunity was there."
If the club finances could have provided the 40m, ENIC would not have made the loan. Spending such on players would have meant 100% ROI if two seasons like 2010/11 occurred.
"Whilst this season's performances and results have not lived up to expectation"
What are his expectations?
Tottenham's expenditure doesn't come close to the clubs in the top four or Man Utd, so I'm not sure you can expect much more than you're getting?
"Tottenham's expenditure doesn't come close to the clubs in the top four or Man Utd, so I'm not sure you can expect much more than you're getting?"
That you have more to spend does not equate to good ROI.
That is why the G00ns have gone down to the last day of the PL season to finish above Spurs, 4 times in the last 8 years.
And the past 4 seasons grief for the Poool too.
So basically the expectation seems to be that 2009/10 can be repeated without having access to all that additional revenue that other clubs have.
The RDBD (demoted to supporting the team managed by Pep Guardiola) (U1062)
Of course, but generally the more a club spends, the better it performs.
And certainly, it's a bit much to 'expect' to outperform teams that are outspending you.
Agreed.
But you can at least see why the question can be asked.
Perhaps post 2010 should prove to all but Levy what a one-off that season was. However, if Everton get a CL slot, it may actually strengthen the belief in their heads.
comment by The RDBD (demoted to supporting the team manag... (U1062)
posted 1 hour, 36 minutes ago
"Someone has slipped up big time here!"
How much of the build is contingent on CL participation ??
Would be a miracle to get the funding for new WHL without it.
----------------------------------------------------------------------
No one makes plans based on constant participation in the CL, except Leeds and look what happened there.
We would be fools to move a long term project forward which could have a repayment schedule of at least 15 years based on 15 years of CL.....and no one would lend on that basis.
Like Arsenal, CL money would be a bonus and might enable over payments on the 'mortgage' clearing the debt quicker.
You also have to consider that this year has seen a 50% increase in TV money with the SKY/BT/BBC deal worth over £3bn compared to £2bn of the previous 3 year deal....therefore improving revenues regardless of performance make our stadium ever more viable.
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Levy speaks
Page 2 of 3
posted on 2/4/14
The stadium itself doesn't take too long to build. I think we built the Emirates within a couple of years. It's the planning application that can hold things up a bit before construction can begin
posted on 2/4/14
4.4 In consultation with the Council, THFC has been actively negotiating with landowners for many years, and since the Council’s 16th November 20 10 “in principle” resolution these efforts have intensified in order to see if an agreement can be reached to acquire by private treaty. In the majority of cases, this has been successful, with the Club owning over 90% of the site. One remaining landowner has been unable to agree terms with THFC. THFC have shown satisfactory evidence to Council Officers that a CPO is now needed as a matter of last resort and deferring any decision will adversely impact on the ability to secure funding and delivery of the scheme.
http://www.minutes.haringey.gov.uk/Published/C00000118/M00005358/AI00029417/$TottenhamCPOreportcoveringreport.doc.pdf
Sheet metal workers
posted on 2/4/14
Comment deleted by Site Moderator
posted on 2/4/14
Well said Galv. His words are meaningless.
posted on 2/4/14
Comment deleted by Site Moderator
posted on 2/4/14
It will certainly be disappointing if the stadium is not completed until 2017.
Another year of trying to keep up with our rivals. In business you try & foresee any potential obstacles and insert them into your timelines. Someone has slipped up big time here!
posted on 2/4/14
Levy's words are useless. Everyone else's words are fine.
posted on 2/4/14
"Someone has slipped up big time here!"
How much of the build is contingent on CL participation ??
Would be a miracle to get the funding for new WHL without it.
posted on 2/4/14
http://www.tottenhamhotspur.com/news/financial-results-shareholder-and-stadium-update-020414/
The ITT's were supposed to have gone out already, so someone has obviously pulled the plug & advised interested parties that bidding will not now take place until later this year.
posted on 2/4/14
Season tickets and membership due purchance?
Levy is full of Sh 1 t
2017 ? Do me a favour. Wasn't it due 2016?
posted on 2/4/14
"2017 ? Do me a favour. Wasn't it due 2016?"
Was all explained in that Q+A session.
posted on 2/4/14
RDBD
posted on 2/4/14
Come here Smeg.
posted on 2/4/14
sorry darth.....the force is strong in me....your jedi mind tricks won't work.
the force is strong in me...i'm not buying it....
posted on 2/4/14
The 40m from ENIC is very interesting.
It suggests Uncle Joe regards new WHL as being more important to the club finances than getting the virtuous circle of CL revenue going.
posted on 2/4/14
I think Uncle Joe has got it the wrong way round. If we can't immediately sell out a big European game like the Benfica one most recently, and others, then can we really expect to fill a 60k stadium every match?
Maybe if we were CL regulars and had that virtuous circle going we could, but not before it. The time for investment and gambling was previously when we had a chance/chances to solidificate a top 4 position.
posted on 2/4/14
comment by The RDBD (demoted to supporting the team managed by Pep Guardiola) (U1062)
posted 24 minutes ago
The 40m from ENIC is very interesting.
It suggests Uncle Joe regards new WHL as being more important to the club finances than getting the virtuous circle of CL revenue going.
----------------------------------------------------------------------
At least they're taking financial responsibility for us not securing CL when the opportunity was there.
posted on 2/4/14
Levy
posted on 2/4/14
You get the feeling that Uncle Joe understands the investment ROI/risks on bricks and mortar etc than players.
Hence the 40m on that rather than say during the Damiao days.
TBF he would not be alone in that (Sugar seemed to have similar problems) .
posted on 2/4/14
"At least they're taking financial responsibility for us not securing CL when the opportunity was there."
If the club finances could have provided the 40m, ENIC would not have made the loan. Spending such on players would have meant 100% ROI if two seasons like 2010/11 occurred.
posted on 2/4/14
"Whilst this season's performances and results have not lived up to expectation"
What are his expectations?
Tottenham's expenditure doesn't come close to the clubs in the top four or Man Utd, so I'm not sure you can expect much more than you're getting?
posted on 2/4/14
"Tottenham's expenditure doesn't come close to the clubs in the top four or Man Utd, so I'm not sure you can expect much more than you're getting?"
That you have more to spend does not equate to good ROI.
That is why the G00ns have gone down to the last day of the PL season to finish above Spurs, 4 times in the last 8 years.
And the past 4 seasons grief for the Poool too.
So basically the expectation seems to be that 2009/10 can be repeated without having access to all that additional revenue that other clubs have.
posted on 2/4/14
The RDBD (demoted to supporting the team managed by Pep Guardiola) (U1062)
Of course, but generally the more a club spends, the better it performs.
And certainly, it's a bit much to 'expect' to outperform teams that are outspending you.
posted on 2/4/14
Agreed.
But you can at least see why the question can be asked.
Perhaps post 2010 should prove to all but Levy what a one-off that season was. However, if Everton get a CL slot, it may actually strengthen the belief in their heads.
posted on 2/4/14
comment by The RDBD (demoted to supporting the team manag... (U1062)
posted 1 hour, 36 minutes ago
"Someone has slipped up big time here!"
How much of the build is contingent on CL participation ??
Would be a miracle to get the funding for new WHL without it.
----------------------------------------------------------------------
No one makes plans based on constant participation in the CL, except Leeds and look what happened there.
We would be fools to move a long term project forward which could have a repayment schedule of at least 15 years based on 15 years of CL.....and no one would lend on that basis.
Like Arsenal, CL money would be a bonus and might enable over payments on the 'mortgage' clearing the debt quicker.
You also have to consider that this year has seen a 50% increase in TV money with the SKY/BT/BBC deal worth over £3bn compared to £2bn of the previous 3 year deal....therefore improving revenues regardless of performance make our stadium ever more viable.
Page 2 of 3