Quote:
Originally Posted by diane_phaneuf
there is no way there should be a cash crunch there
their stadium with the huge amount of luxury boxes that it has, and being in London, is a license to print money
And they were 5th in average wages in England last season (Chelsea/City/United/Liverpool/Arsenal/Newcastle/Pompey/West Ham/Spurs in order if anyone was wondering, from an ESPN story that was released a few days ago)
there is no way they shouldn't be able to spend, bad ownership if it's true, they have sold out their building (I know it doesn't sound like the stadium is full of fans but it is) and they have gotten CL money every year
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They still have to pay the costs of building that stadium, and debt servicing alone is no drop in the bucket. I obviously haven't read their financials, but it's not at all surprising that they could be on a tight budget due to the expenses they have recently incurred.