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Not sure if serious or just sour grapes because the redevelopment of Stamford Bridge is on hold until your owner and bankroll can spend more than 90 days in the country.
Despite the reliance on tv money, the way to profitability is always going to be matchday revenue, bigger the stadium you can fill, the better off you’ll be...
Also means that when ENIC come to sell, the more money they can ask for.
Stadium is going to keep us in the black, for way longer than people will remember this transfer window.
Will be interesting to see how far we can go, and how we use the opinion pieces and received wisdom that we’ll fall on our faces because of the lack of summer spending.
cornelius_blackfoot-
It's called trolling...
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the way to profitability is always going to be matchday revenue.
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Let’s just look at your comments about Chelsea.
Abramovich has called off the stadium redevelopment. The timing of this appears to the tabloids and those that slavishly regurgitate their speculation (and thankfully you are a Guardian reader) to coincide with the curious incident of his failure to secure renewal of his visa and his taking of Israeli citizenship.
Of course, due to the latter, the former is of little relevance. He has not yet bored of football or of Chelsea. He turned down a sum greater than the valuation of Arsenal for Chelsea. He has spent significantly in this transfer window.
His decision to halt the stadium expansion is more likely to have been determined by macroeconomic issues. The stadium would require Abramovich to stump up somewhere in excess of £0.5 bn of his own money. Most of his assets are not held in Sterling. He would be converting dollar and euro assets into sterling at a time when sterling’s value is in question. A hard Brexit will cause significant damage to the price of the pound. Why use dollar and Euro backed assets to purchase sterling assets which might be worth only a fraction of what they are now? It would be very silly. Better to wait and see what happens to the pound. He could save 50% of the cost of the stadium build if he waits until March.
Even then, is a new stadium worth it? Ten years or more ago, Arsenal thought so. Seven years ago, Abramovich thought so. Match day income was a very important component of a club’s income. Today, with the ludicrous figures being paid for television rights, it is far less significant.
So, why waste money by buying sterling at a time of great uncertainty particularly when the importance of a big stadium is not what it was. More important today is success in the pitch and trophies in the cabinet.
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Despite the reliance on tv money, the way to profitability is always going to be matchday revenue, bigger the stadium you can fill, the better off you’ll be...
Not really in the Premiership: https://www.bbc.co.uk/sport/football/44850888
Bournemouth (ok, tiny ground) only got 4% of their revenue from matchday revenue last season.
But definitely in the Championship: https://www.bbc.co.uk/sport/football/44981103
... as the gap between Premier League income and Championship income has widened to ~£130m.
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fussballclub
cliveo
Greenbank
I am not sure if any of you are old enought to remember but once upon a time, many years ago, Arsenal used to challenge for trophies every year. They won the Premier League a few times and at one time they and ManU seemed to have the Premier League sewn up.
And then they decided to move to a shiny new stadium.
Instead of buying the best players around from their rivals, they started to sell their star players. They brought in young untried players. Some succeeded; others didn't. They stopped winning trophies.
They stuck with their manager because he was a good manager who knew a thing or two about winning the league.
So Tottenham have had a great deal of success in recent years. They have won a league cup or two and have finished above Arsenal. They haven't won the league but they have challenged.
And now they are moving to a shiny new stadium albeit one that looks like a khazi.
And they are not participating in the transfer window.
And they are sticking with the same manager who has brought them such success.
Or looked at another way. Man Citeh walked it last year. Man Citeh have strengthened their squad. Tottenham keeping the same players and the same manager appear destined only to do worse than last year.
Has to be said, I'm happy with that and am pleased that Tottenham supporters are. At least they share the same lack of ambititon as their team.
Oh and they're going to get American football.