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It's not just the matchday revenue, which is a big thing, as long as there's fans willing to watch the match in person, its a constant. But it's also the fact that the stadium is multi use, the 10yr deal with the NFL, another place to stage big concerts in london, all adds in to revenue that comes from a new stadium. Also corporate boxes, we don't have that many right now, naming rights to the stadium, it all adds up..
New stadiums (as long as you have enough fans, and the football is good enough to fill it) is the financial bedrock of any team, plus the big carrot of television money..
cornelius_blackfoot-
The NFL thing is good, you'll probably get a fair whack for rent on that one and maybe even a cut on the ticket sales.
Serious question. How many concerts do you think that Haringey council will allow for on an annual basis? If any, I think that it'll be capped to 4 days per year or something stupid (see Arsenal).
Stadium naming rights will be worthwhile but you'd guess that they've already budgeted for that as well.
Levy wants to make money, not spend it. It's never been any different so why would it now? He's a risk averse businessman and knows how to run a relatively tight ship. He got bitten once (Bale transfer funds) and can't see him doing a Liverpool and do something as stupid twice.
Spurs, like almost any club in the world, are a selling club. If the offer is too good to refuse (Bale) than he'll sell, regardless of the long term strategy of the club.
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Also corporate boxes, we don't have that many right now
Was in a WHL corp box for a game earlier this season. The food served was a big rack of pork ribs. Seemed incongruous.
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I guess my views are tempered by the fact that Arsenal embarked on the new stadium process when match day revenue was a bigger proportion of a club's revenue than it is now. TV money was smaller then and by the time we had paid off the stadium (or most of it), match day revenues accounted for a much smaller proportion of our revenue profits. The anticipated benefit of the Emirates was much greater than the reality after a few years.
jaw
kl
Stonehedge
A new stadium for Spurs won't have a huge positive financial impact in my opinion.
Going on 2014 figures, Arsenal matchday revenue was worth £100m compared to broadcasting revenue of £123m. In the same year, Spurs matchday revenue £43m and broadcasting revenue of £95m.
If Spurs more than double their matchday revenue to £100m that is only an increase of 2 Soldados a year before tax.