comment by Kingdom of Davids (U21957)
posted 8 minutes ago
Spurs started pumping millions into the team in a short time when they had 2 points from 8 games... Now, the genie is out it's hard to control
----------------------------------------------------------------------
What are you blabbing on about. What actually happened that season is that Keane was sold to Liverpool and then Berbatov to Man United with about a minute of the transfer window to go, meaning we didn’t have time to replace him - and ended up with Frazier Campbell on loan.
When January came round, Liverpool didn’t want Keane anymore so we got him back, Pompey we’re financially fuaucked and so it was easy to sell Defoe back to us and not pay us some of the fee they owed us. We bought a lot of players that window but broke even on transfers give or take the odd million.
comment by Devonshirespur (U6316)
posted 9 minutes ago
comment by Citizen (U22721)
posted 1 second ago
comment by Devonshirespur (U6316)
posted 4 minutes ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 hours, 1 minute ago
comment by Citizen (U22721)
posted 3 minutes ago
Owners of many clubs in thehistory of British history have been involved in this, sports direct was one such deal and no one batted an eyelid.
Owners make money out of clubs and take money out of the game, spurs for example have a complicated deal with Levi that he does very nicely out of.
If you are going to look at sponsorship look at owner practises as well, then wages and agent fees.
----------------------------------------------------------------------
Can you expand on the complicated deal between Spurs and Levy? Last I looked he was being paid around £6m a year as a wage. How is that complicated?
----------------------------------------------------------------------
Surprise surprise he cannot expand on his statement. and that's because it isnt complicated and he's trying to imply shady financial practices happen across the board...when its only City who have been taken to court and are under an FA investigation.
----------------------------------------------------------------------
It’s to do with the acquisition of land after the stadium was built and the property’s about to be built on it and the companies he’s got money invested in that will be building them.
He owns the businesses that run all the catering and hospitality at spurs doesn’t he?
If I’m wrong I apologies but that’s what I was told.
It’s not an attack as that would be hypocritical, all clubs and owners bar non have ways and means to get what they want and what benefits themselves at the expense of others.
----------------------------------------------------------------------
A company called Levy Restaurants has a catering deal in the new stadium but it has nothing to do with Daniel Levy.
As for the development land, that is controlled by a subsidiary of TH Ltd known as Tottenham Hotspur Property Company Limited and all of this is owned by ENIC which itself if about 30% Levy Family 70% Joe Lewis' Tavistock Group.
Levy is Chairman of THFC and takes a wage from that but is also part owner.
----------------------------------------------------------------------
Let’s face it, although there is potentially some self interest in the above, it’s nothing to do with artificially pumping up Spurs spreadsheet so we can spend more on players. I don’t think I’ve heard anything about £500m catering contracts
Pep and Klopp are the 2 outstanding managers in the league at the moment. Pep is of course one of the most successful ever and Klopp has been able to achieve great success without necessarily having the same resources, both at LFC and Dortmund.
Over the next 5 years or so i think their time will pass in this league and then, as we have seen from the departure of SAF and Wenger, its unknown where these clubs go from there and whether they can maintain the same level.
If NUFC build carefully over the next 5 years there is nothing to say they cannot compete at the very top. Who will be the dominant force at that time?
Comment deleted by Site Moderator
comment by Citizen (U22721)
posted 14 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 7 minutes ago
comment by Devonshirespur (U6316)
posted 9 minutes ago
comment by Citizen (U22721)
posted 1 second ago
comment by Devonshirespur (U6316)
posted 4 minutes ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 hours, 1 minute ago
comment by Citizen (U22721)
posted 3 minutes ago
Owners of many clubs in thehistory of British history have been involved in this, sports direct was one such deal and no one batted an eyelid.
Owners make money out of clubs and take money out of the game, spurs for example have a complicated deal with Levi that he does very nicely out of.
If you are going to look at sponsorship look at owner practises as well, then wages and agent fees.
----------------------------------------------------------------------
Can you expand on the complicated deal between Spurs and Levy? Last I looked he was being paid around £6m a year as a wage. How is that complicated?
----------------------------------------------------------------------
Surprise surprise he cannot expand on his statement. and that's because it isnt complicated and he's trying to imply shady financial practices happen across the board...when its only City who have been taken to court and are under an FA investigation.
----------------------------------------------------------------------
It’s to do with the acquisition of land after the stadium was built and the property’s about to be built on it and the companies he’s got money invested in that will be building them.
He owns the businesses that run all the catering and hospitality at spurs doesn’t he?
If I’m wrong I apologies but that’s what I was told.
It’s not an attack as that would be hypocritical, all clubs and owners bar non have ways and means to get what they want and what benefits themselves at the expense of others.
----------------------------------------------------------------------
A company called Levy Restaurants has a catering deal in the new stadium but it has nothing to do with Daniel Levy.
As for the development land, that is controlled by a subsidiary of TH Ltd known as Tottenham Hotspur Property Company Limited and all of this is owned by ENIC which itself if about 30% Levy Family 70% Joe Lewis' Tavistock Group.
Levy is Chairman of THFC and takes a wage from that but is also part owner.
----------------------------------------------------------------------
Let’s face it, although there is potentially some self interest in the above, it’s nothing to do with artificially pumping up Spurs spreadsheet so we can spend more on players. I don’t think I’ve heard anything about £500m catering contracts
----------------------------------------------------------------------
No but I bet him and joe are making 100’s of millions for themselves, a lot of money that probably isn’t going anywhere near the club.
An owner taking money out of a club like the glazers are any getting half as much flack as an owner wanting to put money into a club?
The glazers just put two massive fingers up to the club with that shared deal and announcement where the money was going.
----------------------------------------------------------------------
I doubt they are making hundreds of millions. Obviously I would like every penny reinvested into players, but I am realistic that won’t happen
comment by Striketeam7 - Levy out (U18109)
posted 27 minutes ago
comment by Citizen (U22721)
posted 14 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 7 minutes ago
comment by Devonshirespur (U6316)
posted 9 minutes ago
comment by Citizen (U22721)
posted 1 second ago
comment by Devonshirespur (U6316)
posted 4 minutes ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 hours, 1 minute ago
comment by Citizen (U22721)
posted 3 minutes ago
Owners of many clubs in thehistory of British history have been involved in this, sports direct was one such deal and no one batted an eyelid.
Owners make money out of clubs and take money out of the game, spurs for example have a complicated deal with Levi that he does very nicely out of.
If you are going to look at sponsorship look at owner practises as well, then wages and agent fees.
----------------------------------------------------------------------
Can you expand on the complicated deal between Spurs and Levy? Last I looked he was being paid around £6m a year as a wage. How is that complicated?
----------------------------------------------------------------------
Surprise surprise he cannot expand on his statement. and that's because it isnt complicated and he's trying to imply shady financial practices happen across the board...when its only City who have been taken to court and are under an FA investigation.
----------------------------------------------------------------------
It’s to do with the acquisition of land after the stadium was built and the property’s about to be built on it and the companies he’s got money invested in that will be building them.
He owns the businesses that run all the catering and hospitality at spurs doesn’t he?
If I’m wrong I apologies but that’s what I was told.
It’s not an attack as that would be hypocritical, all clubs and owners bar non have ways and means to get what they want and what benefits themselves at the expense of others.
----------------------------------------------------------------------
A company called Levy Restaurants has a catering deal in the new stadium but it has nothing to do with Daniel Levy.
As for the development land, that is controlled by a subsidiary of TH Ltd known as Tottenham Hotspur Property Company Limited and all of this is owned by ENIC which itself if about 30% Levy Family 70% Joe Lewis' Tavistock Group.
Levy is Chairman of THFC and takes a wage from that but is also part owner.
----------------------------------------------------------------------
Let’s face it, although there is potentially some self interest in the above, it’s nothing to do with artificially pumping up Spurs spreadsheet so we can spend more on players. I don’t think I’ve heard anything about £500m catering contracts
----------------------------------------------------------------------
No but I bet him and joe are making 100’s of millions for themselves, a lot of money that probably isn’t going anywhere near the club.
An owner taking money out of a club like the glazers are any getting half as much flack as an owner wanting to put money into a club?
The glazers just put two massive fingers up to the club with that shared deal and announcement where the money was going.
----------------------------------------------------------------------
I doubt they are making hundreds of millions. Obviously I would like every penny reinvested into players, but I am realistic that won’t happen
----------------------------------------------------------------------
People give Levy alot of grief but we have always spent within our means. I think it is safe to say when the club makes a profit the majority of the funds are reinvested back into the team. The accounts are always published and are audited so if they did pocket any cash from a huge transfer fee for example, we would know about it.
Obviously Levy pockets a record wage for a chairman in the Prem but that was the year we did make a record £113m profit after tax. Not sure if he is on the same pay grade after Covid.
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
comment by Robbing Hoody - Legacy Fan (U6374)
posted 5 seconds ago
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
----------------------------------------------------------------------
Shhh...they are proud of their new stadium is owned by loan sharks
comment by Robbing Hoody - Legacy Fan (U6374)
posted 6 minutes ago
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
----------------------------------------------------------------------
Alright muggins. Have you ever heard of loan? They can be repaid over 20 years in some cases. Do some research before making a prat out of yourself.
comment by Kingdom of Davids (U21957)
posted 7 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 5 seconds ago
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
----------------------------------------------------------------------
Shhh...they are proud of their new stadium is owned by loan sharks
----------------------------------------------------------------------
The loans were turned into Bonds through US investors.
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 6 minutes ago
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
----------------------------------------------------------------------
Alright muggins. Have you ever heard of loan? They can be repaid over 20 years in some cases. Do some research before making a prat out of yourself.
----------------------------------------------------------------------
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I accept apologies in cash (if you actually have any, if not feel free to borrow) or .
TIA.
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I'll get you a Dime bar instead as you abit clueless. Loan repayments are made within our means. Do you really think a bank or banks would loan us so much if we could not prove we can afford the repayments? We dont have to pay a billly back in one go numnuts.
Please make another a stupid comment so I can school you again. I am enjoying this.
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 minutes ago
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I'll get you a Dime bar instead as you abit clueless. Loan repayments are made within our means. Do you really think a bank or banks would loan us so much if we could not prove we can afford the repayments? We dont have to pay a billly back in one go numnuts.
Please make another a stupid comment so I can school you again. I am enjoying this.
----------------------------------------------------------------------
Okay bud, if you want to suggest a club wildly in debt, more than the overwhelmingly vast amount of other football clubs in the entire world, who have borrowed off the banks and borrowed even more off the Government and wanted to furlough it's staff is "living within it's means" based purely on future projections (which all loans are) but not actual money in the bank you crack on... but I think it sounds silly.
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 minute ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 minutes ago
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I'll get you a Dime bar instead as you abit clueless. Loan repayments are made within our means. Do you really think a bank or banks would loan us so much if we could not prove we can afford the repayments? We dont have to pay a billly back in one go numnuts.
Please make another a stupid comment so I can school you again. I am enjoying this.
----------------------------------------------------------------------
Okay bud, if you want to suggest a club wildly in debt, more than the overwhelmingly vast amount of other football clubs in the entire world, who have borrowed off the banks and borrowed even more off the Government and wanted to furlough it's staff is "living within it's means" based purely on future projections (which all loans are) but not actual money in the bank you crack on... but I think it sounds silly.
----------------------------------------------------------------------
School time again. You are such a fish. When we did borrow more money from the govt than the banks? It was approx £170m and it has been repaid already.
Even if we did have a billion pound in the bank it would still be sensible to loan the money for the rebuild. With a loan of that sum, security and guarentees would have to be put in place. Obviously you are abit dim and simple plus lazy to work this out.
Loans are based on future projections but you have to prove you have some sort of disposable income or an ability to show you can afford the repayments, which we did, when made pre tax profits of £140m which is a record for any football club in the world.
Now crowds are back we are on course for revenues of around £400m a year. Profit should be around £50m+ and that's after a yearly loan repayment. That is how you live within your means matey.
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 2 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 minute ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 minutes ago
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I'll get you a Dime bar instead as you abit clueless. Loan repayments are made within our means. Do you really think a bank or banks would loan us so much if we could not prove we can afford the repayments? We dont have to pay a billly back in one go numnuts.
Please make another a stupid comment so I can school you again. I am enjoying this.
----------------------------------------------------------------------
Okay bud, if you want to suggest a club wildly in debt, more than the overwhelmingly vast amount of other football clubs in the entire world, who have borrowed off the banks and borrowed even more off the Government and wanted to furlough it's staff is "living within it's means" based purely on future projections (which all loans are) but not actual money in the bank you crack on... but I think it sounds silly.
----------------------------------------------------------------------
School time again. You are such a fish. When we did borrow more money from the govt than the banks? It was approx £170m and it has been repaid already.
Even if we did have a billion pound in the bank it would still be sensible to loan the money for the rebuild. With a loan of that sum, security and guarentees would have to be put in place. Obviously you are abit dim and simple plus lazy to work this out.
Loans are based on future projections but you have to prove you have some sort of disposable income or an ability to show you can afford the repayments, which we did, when made pre tax profits of £140m which is a record for any football club in the world.
Now crowds are back we are on course for revenues of around £400m a year. Profit should be around £50m+ and that's after a yearly loan repayment. That is how you live within your means matey.
----------------------------------------------------------------------
I wouldn’t bother, this why I call him knobbing - he is incapable of getting his head around the idea of a mortgage. He is incapable of understanding that we paid back that loan in full in a year, hence why we could then spend in the transfer market. He is basically incapable.
Comment deleted by Site Moderator
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
comment by Citizen (U22721)
posted 15 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 1 hour, 20 minutes ago
comment by Citizen (U22721)
posted 14 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 7 minutes ago
comment by Devonshirespur (U6316)
posted 9 minutes ago
comment by Citizen (U22721)
posted 1 second ago
comment by Devonshirespur (U6316)
posted 4 minutes ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 hours, 1 minute ago
comment by Citizen (U22721)
posted 3 minutes ago
Owners of many clubs in thehistory of British history have been involved in this, sports direct was one such deal and no one batted an eyelid.
Owners make money out of clubs and take money out of the game, spurs for example have a complicated deal with Levi that he does very nicely out of.
If you are going to look at sponsorship look at owner practises as well, then wages and agent fees.
----------------------------------------------------------------------
Can you expand on the complicated deal between Spurs and Levy? Last I looked he was being paid around £6m a year as a wage. How is that complicated?
----------------------------------------------------------------------
Surprise surprise he cannot expand on his statement. and that's because it isnt complicated and he's trying to imply shady financial practices happen across the board...when its only City who have been taken to court and are under an FA investigation.
----------------------------------------------------------------------
It’s to do with the acquisition of land after the stadium was built and the property’s about to be built on it and the companies he’s got money invested in that will be building them.
He owns the businesses that run all the catering and hospitality at spurs doesn’t he?
If I’m wrong I apologies but that’s what I was told.
It’s not an attack as that would be hypocritical, all clubs and owners bar non have ways and means to get what they want and what benefits themselves at the expense of others.
----------------------------------------------------------------------
A company called Levy Restaurants has a catering deal in the new stadium but it has nothing to do with Daniel Levy.
As for the development land, that is controlled by a subsidiary of TH Ltd known as Tottenham Hotspur Property Company Limited and all of this is owned by ENIC which itself if about 30% Levy Family 70% Joe Lewis' Tavistock Group.
Levy is Chairman of THFC and takes a wage from that but is also part owner.
----------------------------------------------------------------------
Let’s face it, although there is potentially some self interest in the above, it’s nothing to do with artificially pumping up Spurs spreadsheet so we can spend more on players. I don’t think I’ve heard anything about £500m catering contracts
----------------------------------------------------------------------
No but I bet him and joe are making 100’s of millions for themselves, a lot of money that probably isn’t going anywhere near the club.
An owner taking money out of a club like the glazers are any getting half as much flack as an owner wanting to put money into a club?
The glazers just put two massive fingers up to the club with that shared deal and announcement where the money was going.
----------------------------------------------------------------------
I doubt they are making hundreds of millions. Obviously I would like every penny reinvested into players, but I am realistic that won’t happen
----------------------------------------------------------------------
The amount of properties they are building and the prices in London I think it’s fair to say it’s going to be a considerable sum and no it probably won’t be invested back into the club.
----------------------------------------------------------------------
Is that the club building those properties or Enic?
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
comment by Robbing Hoody - Legacy Fan (U6374)
posted 6 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
----------------------------------------------------------------------
Like is said, you are incapable of understanding a mortgage, it’s sad
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 hour, 12 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
----------------------------------------------------------------------
The lights aren’t on are they mate?
comment by The Hybrid Doos (U10416)
posted 1 minute ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 hour, 12 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
----------------------------------------------------------------------
The lights aren’t on are they mate?
----------------------------------------------------------------------
The power was cut off a long time ago
comment by The Hybrid Doos (U10416)
posted 7 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 hour, 12 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
----------------------------------------------------------------------
The lights aren’t on are they mate?
----------------------------------------------------------------------
Absolutely fine. Everything I have written there is wholly correct and demonstrably true, just look at the articles on your board.
Unless you can prove otherwise of course.
This "robbing" dude's a bit dim...fackin'ell!
Sign in if you want to comment
Restriction on sponsorship
Page 3 of 5
posted on 19/10/21
comment by Kingdom of Davids (U21957)
posted 8 minutes ago
Spurs started pumping millions into the team in a short time when they had 2 points from 8 games... Now, the genie is out it's hard to control
----------------------------------------------------------------------
What are you blabbing on about. What actually happened that season is that Keane was sold to Liverpool and then Berbatov to Man United with about a minute of the transfer window to go, meaning we didn’t have time to replace him - and ended up with Frazier Campbell on loan.
When January came round, Liverpool didn’t want Keane anymore so we got him back, Pompey we’re financially fuaucked and so it was easy to sell Defoe back to us and not pay us some of the fee they owed us. We bought a lot of players that window but broke even on transfers give or take the odd million.
posted on 19/10/21
comment by Devonshirespur (U6316)
posted 9 minutes ago
comment by Citizen (U22721)
posted 1 second ago
comment by Devonshirespur (U6316)
posted 4 minutes ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 hours, 1 minute ago
comment by Citizen (U22721)
posted 3 minutes ago
Owners of many clubs in thehistory of British history have been involved in this, sports direct was one such deal and no one batted an eyelid.
Owners make money out of clubs and take money out of the game, spurs for example have a complicated deal with Levi that he does very nicely out of.
If you are going to look at sponsorship look at owner practises as well, then wages and agent fees.
----------------------------------------------------------------------
Can you expand on the complicated deal between Spurs and Levy? Last I looked he was being paid around £6m a year as a wage. How is that complicated?
----------------------------------------------------------------------
Surprise surprise he cannot expand on his statement. and that's because it isnt complicated and he's trying to imply shady financial practices happen across the board...when its only City who have been taken to court and are under an FA investigation.
----------------------------------------------------------------------
It’s to do with the acquisition of land after the stadium was built and the property’s about to be built on it and the companies he’s got money invested in that will be building them.
He owns the businesses that run all the catering and hospitality at spurs doesn’t he?
If I’m wrong I apologies but that’s what I was told.
It’s not an attack as that would be hypocritical, all clubs and owners bar non have ways and means to get what they want and what benefits themselves at the expense of others.
----------------------------------------------------------------------
A company called Levy Restaurants has a catering deal in the new stadium but it has nothing to do with Daniel Levy.
As for the development land, that is controlled by a subsidiary of TH Ltd known as Tottenham Hotspur Property Company Limited and all of this is owned by ENIC which itself if about 30% Levy Family 70% Joe Lewis' Tavistock Group.
Levy is Chairman of THFC and takes a wage from that but is also part owner.
----------------------------------------------------------------------
Let’s face it, although there is potentially some self interest in the above, it’s nothing to do with artificially pumping up Spurs spreadsheet so we can spend more on players. I don’t think I’ve heard anything about £500m catering contracts
posted on 19/10/21
Pep and Klopp are the 2 outstanding managers in the league at the moment. Pep is of course one of the most successful ever and Klopp has been able to achieve great success without necessarily having the same resources, both at LFC and Dortmund.
Over the next 5 years or so i think their time will pass in this league and then, as we have seen from the departure of SAF and Wenger, its unknown where these clubs go from there and whether they can maintain the same level.
If NUFC build carefully over the next 5 years there is nothing to say they cannot compete at the very top. Who will be the dominant force at that time?
posted on 19/10/21
Comment deleted by Site Moderator
posted on 19/10/21
comment by Citizen (U22721)
posted 14 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 7 minutes ago
comment by Devonshirespur (U6316)
posted 9 minutes ago
comment by Citizen (U22721)
posted 1 second ago
comment by Devonshirespur (U6316)
posted 4 minutes ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 hours, 1 minute ago
comment by Citizen (U22721)
posted 3 minutes ago
Owners of many clubs in thehistory of British history have been involved in this, sports direct was one such deal and no one batted an eyelid.
Owners make money out of clubs and take money out of the game, spurs for example have a complicated deal with Levi that he does very nicely out of.
If you are going to look at sponsorship look at owner practises as well, then wages and agent fees.
----------------------------------------------------------------------
Can you expand on the complicated deal between Spurs and Levy? Last I looked he was being paid around £6m a year as a wage. How is that complicated?
----------------------------------------------------------------------
Surprise surprise he cannot expand on his statement. and that's because it isnt complicated and he's trying to imply shady financial practices happen across the board...when its only City who have been taken to court and are under an FA investigation.
----------------------------------------------------------------------
It’s to do with the acquisition of land after the stadium was built and the property’s about to be built on it and the companies he’s got money invested in that will be building them.
He owns the businesses that run all the catering and hospitality at spurs doesn’t he?
If I’m wrong I apologies but that’s what I was told.
It’s not an attack as that would be hypocritical, all clubs and owners bar non have ways and means to get what they want and what benefits themselves at the expense of others.
----------------------------------------------------------------------
A company called Levy Restaurants has a catering deal in the new stadium but it has nothing to do with Daniel Levy.
As for the development land, that is controlled by a subsidiary of TH Ltd known as Tottenham Hotspur Property Company Limited and all of this is owned by ENIC which itself if about 30% Levy Family 70% Joe Lewis' Tavistock Group.
Levy is Chairman of THFC and takes a wage from that but is also part owner.
----------------------------------------------------------------------
Let’s face it, although there is potentially some self interest in the above, it’s nothing to do with artificially pumping up Spurs spreadsheet so we can spend more on players. I don’t think I’ve heard anything about £500m catering contracts
----------------------------------------------------------------------
No but I bet him and joe are making 100’s of millions for themselves, a lot of money that probably isn’t going anywhere near the club.
An owner taking money out of a club like the glazers are any getting half as much flack as an owner wanting to put money into a club?
The glazers just put two massive fingers up to the club with that shared deal and announcement where the money was going.
----------------------------------------------------------------------
I doubt they are making hundreds of millions. Obviously I would like every penny reinvested into players, but I am realistic that won’t happen
posted on 19/10/21
comment by Striketeam7 - Levy out (U18109)
posted 27 minutes ago
comment by Citizen (U22721)
posted 14 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 7 minutes ago
comment by Devonshirespur (U6316)
posted 9 minutes ago
comment by Citizen (U22721)
posted 1 second ago
comment by Devonshirespur (U6316)
posted 4 minutes ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 hours, 1 minute ago
comment by Citizen (U22721)
posted 3 minutes ago
Owners of many clubs in thehistory of British history have been involved in this, sports direct was one such deal and no one batted an eyelid.
Owners make money out of clubs and take money out of the game, spurs for example have a complicated deal with Levi that he does very nicely out of.
If you are going to look at sponsorship look at owner practises as well, then wages and agent fees.
----------------------------------------------------------------------
Can you expand on the complicated deal between Spurs and Levy? Last I looked he was being paid around £6m a year as a wage. How is that complicated?
----------------------------------------------------------------------
Surprise surprise he cannot expand on his statement. and that's because it isnt complicated and he's trying to imply shady financial practices happen across the board...when its only City who have been taken to court and are under an FA investigation.
----------------------------------------------------------------------
It’s to do with the acquisition of land after the stadium was built and the property’s about to be built on it and the companies he’s got money invested in that will be building them.
He owns the businesses that run all the catering and hospitality at spurs doesn’t he?
If I’m wrong I apologies but that’s what I was told.
It’s not an attack as that would be hypocritical, all clubs and owners bar non have ways and means to get what they want and what benefits themselves at the expense of others.
----------------------------------------------------------------------
A company called Levy Restaurants has a catering deal in the new stadium but it has nothing to do with Daniel Levy.
As for the development land, that is controlled by a subsidiary of TH Ltd known as Tottenham Hotspur Property Company Limited and all of this is owned by ENIC which itself if about 30% Levy Family 70% Joe Lewis' Tavistock Group.
Levy is Chairman of THFC and takes a wage from that but is also part owner.
----------------------------------------------------------------------
Let’s face it, although there is potentially some self interest in the above, it’s nothing to do with artificially pumping up Spurs spreadsheet so we can spend more on players. I don’t think I’ve heard anything about £500m catering contracts
----------------------------------------------------------------------
No but I bet him and joe are making 100’s of millions for themselves, a lot of money that probably isn’t going anywhere near the club.
An owner taking money out of a club like the glazers are any getting half as much flack as an owner wanting to put money into a club?
The glazers just put two massive fingers up to the club with that shared deal and announcement where the money was going.
----------------------------------------------------------------------
I doubt they are making hundreds of millions. Obviously I would like every penny reinvested into players, but I am realistic that won’t happen
----------------------------------------------------------------------
People give Levy alot of grief but we have always spent within our means. I think it is safe to say when the club makes a profit the majority of the funds are reinvested back into the team. The accounts are always published and are audited so if they did pocket any cash from a huge transfer fee for example, we would know about it.
Obviously Levy pockets a record wage for a chairman in the Prem but that was the year we did make a record £113m profit after tax. Not sure if he is on the same pay grade after Covid.
posted on 19/10/21
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
posted on 19/10/21
comment by Robbing Hoody - Legacy Fan (U6374)
posted 5 seconds ago
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
----------------------------------------------------------------------
Shhh...they are proud of their new stadium is owned by loan sharks
posted on 19/10/21
comment by Robbing Hoody - Legacy Fan (U6374)
posted 6 minutes ago
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
----------------------------------------------------------------------
Alright muggins. Have you ever heard of loan? They can be repaid over 20 years in some cases. Do some research before making a prat out of yourself.
posted on 19/10/21
comment by Kingdom of Davids (U21957)
posted 7 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 5 seconds ago
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
----------------------------------------------------------------------
Shhh...they are proud of their new stadium is owned by loan sharks
----------------------------------------------------------------------
The loans were turned into Bonds through US investors.
posted on 19/10/21
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 6 minutes ago
People give Levy alot of grief but we have always spent within our means.
=============
Spurs are one of the most in debt clubs in the entire world, close to a billion pounds.
I think classing that as spending within their means is a tad erroneous to say the least.
----------------------------------------------------------------------
Alright muggins. Have you ever heard of loan? They can be repaid over 20 years in some cases. Do some research before making a prat out of yourself.
----------------------------------------------------------------------
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I accept apologies in cash (if you actually have any, if not feel free to borrow) or .
TIA.
posted on 19/10/21
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I'll get you a Dime bar instead as you abit clueless. Loan repayments are made within our means. Do you really think a bank or banks would loan us so much if we could not prove we can afford the repayments? We dont have to pay a billly back in one go numnuts.
Please make another a stupid comment so I can school you again. I am enjoying this.
posted on 19/10/21
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 minutes ago
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I'll get you a Dime bar instead as you abit clueless. Loan repayments are made within our means. Do you really think a bank or banks would loan us so much if we could not prove we can afford the repayments? We dont have to pay a billly back in one go numnuts.
Please make another a stupid comment so I can school you again. I am enjoying this.
----------------------------------------------------------------------
Okay bud, if you want to suggest a club wildly in debt, more than the overwhelmingly vast amount of other football clubs in the entire world, who have borrowed off the banks and borrowed even more off the Government and wanted to furlough it's staff is "living within it's means" based purely on future projections (which all loans are) but not actual money in the bank you crack on... but I think it sounds silly.
posted on 19/10/21
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 minute ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 minutes ago
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I'll get you a Dime bar instead as you abit clueless. Loan repayments are made within our means. Do you really think a bank or banks would loan us so much if we could not prove we can afford the repayments? We dont have to pay a billly back in one go numnuts.
Please make another a stupid comment so I can school you again. I am enjoying this.
----------------------------------------------------------------------
Okay bud, if you want to suggest a club wildly in debt, more than the overwhelmingly vast amount of other football clubs in the entire world, who have borrowed off the banks and borrowed even more off the Government and wanted to furlough it's staff is "living within it's means" based purely on future projections (which all loans are) but not actual money in the bank you crack on... but I think it sounds silly.
----------------------------------------------------------------------
School time again. You are such a fish. When we did borrow more money from the govt than the banks? It was approx £170m and it has been repaid already.
Even if we did have a billion pound in the bank it would still be sensible to loan the money for the rebuild. With a loan of that sum, security and guarentees would have to be put in place. Obviously you are abit dim and simple plus lazy to work this out.
Loans are based on future projections but you have to prove you have some sort of disposable income or an ability to show you can afford the repayments, which we did, when made pre tax profits of £140m which is a record for any football club in the world.
Now crowds are back we are on course for revenues of around £400m a year. Profit should be around £50m+ and that's after a yearly loan repayment. That is how you live within your means matey.
posted on 19/10/21
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 2 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 minute ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 minutes ago
Yes I have heard of a loan but suggesting a company that is £800,000,000 in debt is living within is means is, as said, erroneous at best because, and this may come as a shock, it's not SPURS means is it. It's the banks.
I'll get you a Dime bar instead as you abit clueless. Loan repayments are made within our means. Do you really think a bank or banks would loan us so much if we could not prove we can afford the repayments? We dont have to pay a billly back in one go numnuts.
Please make another a stupid comment so I can school you again. I am enjoying this.
----------------------------------------------------------------------
Okay bud, if you want to suggest a club wildly in debt, more than the overwhelmingly vast amount of other football clubs in the entire world, who have borrowed off the banks and borrowed even more off the Government and wanted to furlough it's staff is "living within it's means" based purely on future projections (which all loans are) but not actual money in the bank you crack on... but I think it sounds silly.
----------------------------------------------------------------------
School time again. You are such a fish. When we did borrow more money from the govt than the banks? It was approx £170m and it has been repaid already.
Even if we did have a billion pound in the bank it would still be sensible to loan the money for the rebuild. With a loan of that sum, security and guarentees would have to be put in place. Obviously you are abit dim and simple plus lazy to work this out.
Loans are based on future projections but you have to prove you have some sort of disposable income or an ability to show you can afford the repayments, which we did, when made pre tax profits of £140m which is a record for any football club in the world.
Now crowds are back we are on course for revenues of around £400m a year. Profit should be around £50m+ and that's after a yearly loan repayment. That is how you live within your means matey.
----------------------------------------------------------------------
I wouldn’t bother, this why I call him knobbing - he is incapable of getting his head around the idea of a mortgage. He is incapable of understanding that we paid back that loan in full in a year, hence why we could then spend in the transfer market. He is basically incapable.
posted on 19/10/21
Comment deleted by Site Moderator
posted on 19/10/21
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
posted on 19/10/21
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
posted on 19/10/21
comment by Citizen (U22721)
posted 15 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 1 hour, 20 minutes ago
comment by Citizen (U22721)
posted 14 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 7 minutes ago
comment by Devonshirespur (U6316)
posted 9 minutes ago
comment by Citizen (U22721)
posted 1 second ago
comment by Devonshirespur (U6316)
posted 4 minutes ago
comment by LukaBrasi COYS #FreePalestine (U22178)
posted 3 hours, 1 minute ago
comment by Citizen (U22721)
posted 3 minutes ago
Owners of many clubs in thehistory of British history have been involved in this, sports direct was one such deal and no one batted an eyelid.
Owners make money out of clubs and take money out of the game, spurs for example have a complicated deal with Levi that he does very nicely out of.
If you are going to look at sponsorship look at owner practises as well, then wages and agent fees.
----------------------------------------------------------------------
Can you expand on the complicated deal between Spurs and Levy? Last I looked he was being paid around £6m a year as a wage. How is that complicated?
----------------------------------------------------------------------
Surprise surprise he cannot expand on his statement. and that's because it isnt complicated and he's trying to imply shady financial practices happen across the board...when its only City who have been taken to court and are under an FA investigation.
----------------------------------------------------------------------
It’s to do with the acquisition of land after the stadium was built and the property’s about to be built on it and the companies he’s got money invested in that will be building them.
He owns the businesses that run all the catering and hospitality at spurs doesn’t he?
If I’m wrong I apologies but that’s what I was told.
It’s not an attack as that would be hypocritical, all clubs and owners bar non have ways and means to get what they want and what benefits themselves at the expense of others.
----------------------------------------------------------------------
A company called Levy Restaurants has a catering deal in the new stadium but it has nothing to do with Daniel Levy.
As for the development land, that is controlled by a subsidiary of TH Ltd known as Tottenham Hotspur Property Company Limited and all of this is owned by ENIC which itself if about 30% Levy Family 70% Joe Lewis' Tavistock Group.
Levy is Chairman of THFC and takes a wage from that but is also part owner.
----------------------------------------------------------------------
Let’s face it, although there is potentially some self interest in the above, it’s nothing to do with artificially pumping up Spurs spreadsheet so we can spend more on players. I don’t think I’ve heard anything about £500m catering contracts
----------------------------------------------------------------------
No but I bet him and joe are making 100’s of millions for themselves, a lot of money that probably isn’t going anywhere near the club.
An owner taking money out of a club like the glazers are any getting half as much flack as an owner wanting to put money into a club?
The glazers just put two massive fingers up to the club with that shared deal and announcement where the money was going.
----------------------------------------------------------------------
I doubt they are making hundreds of millions. Obviously I would like every penny reinvested into players, but I am realistic that won’t happen
----------------------------------------------------------------------
The amount of properties they are building and the prices in London I think it’s fair to say it’s going to be a considerable sum and no it probably won’t be invested back into the club.
----------------------------------------------------------------------
Is that the club building those properties or Enic?
posted on 19/10/21
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
posted on 19/10/21
comment by Robbing Hoody - Legacy Fan (U6374)
posted 6 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
----------------------------------------------------------------------
Like is said, you are incapable of understanding a mortgage, it’s sad
posted on 19/10/21
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 hour, 12 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
----------------------------------------------------------------------
The lights aren’t on are they mate?
posted on 19/10/21
comment by The Hybrid Doos (U10416)
posted 1 minute ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 hour, 12 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
----------------------------------------------------------------------
The lights aren’t on are they mate?
----------------------------------------------------------------------
The power was cut off a long time ago
posted on 19/10/21
comment by The Hybrid Doos (U10416)
posted 7 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 1 hour, 12 minutes ago
comment by Striketeam7 - Levy out (U18109)
posted 10 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 11 minutes ago
As said, if you want to say that amount of money is living within your means crack on... but I think it sounds silly.
----------------------------------------------------------------------
The interest and capital repayments on borrowing that money is within our means. The same way most people don’t have half a million in their bank account to buy a house, but do have enough money to pay for it in instalments over a long period of time with interest added on.
This is called a mortgage, for the 4th time, why do you struggle with this concept?
----------------------------------------------------------------------
I don;t struggle with it, I just think that borrowing money and huge amount of it is not living within your means because words mean things.
Spurs fans spout so much bollox about money on here and that's why they are considered a laughing stock.
oooh we spend no money
- spenyt £280m in five windows
oooo we're organic, not like City.
- top five most in debt clubs in the world
You may have noticed a credit crunch (if you're old enough) where peoples borrowing all came home to roost.
As said, if you want to pretend words don't mean things crack on.
----------------------------------------------------------------------
The lights aren’t on are they mate?
----------------------------------------------------------------------
Absolutely fine. Everything I have written there is wholly correct and demonstrably true, just look at the articles on your board.
Unless you can prove otherwise of course.
posted on 19/10/21
This "robbing" dude's a bit dim...fackin'ell!
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