Quote:
Originally Posted by MegaErtz
You're right, amazingly they have about £180m in breathing room according to this article.
https://talksport.com/football/28600...ot-breach-psr/
I get that wages and hence ticket prices are much higher in London compared to Liverpool, but it seems like an easy out. Can Everton just magically write off their stadium banknote next season then? |
well, I was wondering about Everton, but they've had issues for a couple of years, so it might not be as cut and dried. But the thing with Spurs is that they get the stadium write-off against the allowable debt, then they make impressive revenue because tickets there are the highest in Europe (which is a source of fan outrage when they seemingly will not buy anyone!), and then you have that loss from four years ago rolling off the books also. I don't know if the allowance for them is as low as 180, and I think it's considerably higher.
At the end of the day, though, their unwillingness to spend is not due to a constriction with PSR. It's an ownership group that cares about real estate development, concerts, go-karts, and partnerships with baguette firms as opposed to the club. And yes...those are all legitimate things that ENIC has done, including the partnership with Paris Baguette announced this month when the team was unable to field a full team for a Europa League fixture. You just can't make this stuff up.
And with the Tel transfer, it's hard to know how legitimate this is. Like, yes, we could use him, and I'd be thrilled. But, of course, given their history I'm bracing for the 'we tried' pieces to come out.