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The real reason we made a loss

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posted on 5/2/12

I was a shareholder, for 13 years and I only got two dividends, so they hardly gave the shareholders much money.

posted on 5/2/12

Also, I would be have been more than happy to never get one dividend, it was just nice to say I owned part of the club.

posted on 5/2/12

Well I hope we paid our taxes!

comment by mancini (U7179)

posted on 5/2/12

What about ffp? It looks like you might have to sell to balance the books next year.

posted on 5/2/12

Please look up the rules of ffp city.

posted on 5/2/12

Classic!

posted on 5/2/12

We actually paid about 12 million a season out to shareholders from what I know of?

posted on 5/2/12

comment by I like to eat the doo doo's - Dan... (U10416)

posted 1 minute ago

We actually paid about 12 million a season out to shareholders from what I know of?

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Really, perhaps I should check my post more often.

posted on 5/2/12

But you can't really now liquidise those things can you?
You need a new top quality striker and can't afford one.

posted on 5/2/12

Who says we can't?

posted on 5/2/12

If you could you wouldn't have got Adebayor on loan or a 33 year old player with a history of injuries on a short term deal.

posted on 5/2/12

Or signing Adebayor on loan for half his wages was a genius move and we signed Saha since he's experienced, 3rd choice and we don't know if Harry will be here for next season.

posted on 5/2/12

SouthLondonManc (U12028)

If you could you wouldn't have got Adebayor on loan or a 33 year old player with a history of injuries on a short term deal.
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a) Levy is cautious and generally won't do a big deal unless it's perfect for us. Many of the targets we've looked at seriously haven't worked out/been feasible financially.

b) There are reasons why we mostly have gone for loans and short-term or cheap deals for older players in the last six months/year. Think along the lines of 'might be a change of manager this summer'.

posted on 5/2/12

If I was a chairman and I thought my manager might be banged up or wearing an FA blazer in 6 months then I wouldn't be giving him too much money to buy in his own players who I might be lumbered with on long contracts.

Plus us not buying a top striker doesn't mean we have no funds. However, it could and probably does mean that we couldn't find anyone with a decent value being quoted or one that wanted to join us. Either way it doesn't prove we have no cash for players.

posted on 5/2/12

Signing Adebayor on loan saved us a ton of cash which can gain some interest or reduce our debts which would reduce our outgoings in time for the FFP.

comment by Chronic (U3423)

posted on 5/2/12

southlondonmanc u dont have a clue what your talking about.

should we make the champions league places this season then the revenue from that will make us finally totally debt free.

we do have cash for players, but we are getting bargains on players whilst we fund the new stadium.

of course, whilst not liquid, we have a load of assets (players, and lots of very good ones) that can be pretty much readily converted into cash as soon as the summer comes.

spurs is one of the few clubs in the country who will have no issues with FFP

comment by mancini (U7179)

posted on 5/2/12

you will have issues with ffp because you will have to adjust your wage cap to reflect on your new status. And if you made a loss now, what will happen next year? You will likely borrow to build a new stadium. Hmm...the Arsenal experience all over again (loan plus interest) = killing.

posted on 5/2/12

Arsenal messed up with the stadium, it's a well known fact.

Their stadium and shirt sponsorship is less then 1 of our shirt sponsorships.

posted on 5/2/12

Man City will have plenty of issues with the FFP so you should be worrying about yourselves

posted on 5/2/12

A city fan telling us about wage caps!

posted on 5/2/12

Starting with being the reason that Platini concocted the FFP in the first place (pre PSG ) .

posted on 5/2/12

Missing ya DDD

posted on 6/2/12

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comment by (U9863)

posted on 6/2/12

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