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Financial Results 2016/2017

skiathospurs

skiathospurs

Well-Known Member
Founding Member
http://www.insideworldfootball.com/2019/04/05/analysis-spurs-show-well-balanced-way-record-breaking-profit-mind-debt/#.XKdlxP1K4gs.twitter

it is hard to remember any set of football accounts that has manifested such good balance in recent years as these Spurs figures for the 12 months to 30 June 2018.


For one thing, the 23% advance in revenue, to £380.7 million, was in no way attributable to Premier League broadcasting deals. In fact, the club’s TV and media money fell by £2 million to £147.6 million.


Instead, this top-line growth was attributable to a mix comprising a decent European campaign (this will probably help again in an eventful 2018-19 season that is unlikely to see this level of profitability replicated),a hefty 54% increase in sponsorship and corporate hospitality revenue and a big jump in Premier League gate receipts as a consequence of attracting an average of 68,500 people a game to Wembley.


While revenue was bumping up, cost discipline was rigid, with operating expenses creeping up a mere £400,000 to £228.7 million. This element of the club’s financial performance is perhaps not quite as good as it looks. The fine print reveals that the 2016-17 figure included £6.7 million of unrepeated “enabling” costs, incurred in the interim period while building had started on the new stadium site while the team was still playing at nearby White Hart Lane. There is also a £7.9 million gain in the latest period from sales of property, plant and equipment, and a possibly related £22 million reduction in depreciation costs.


The main item – staff costs – actually rose by £20 million or so to £147.6 million. That is equivalent to 16.3%, so not too far below the 23% revenue advance – and this in a year in which a) remuneration of the highest-paid director was halved from £6 million to £3 million and b) the average number of temporary staff employed on match days plummeted from 457 to 95, a spin-off, presumably, of the temporary move to Wembley.
 
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skiathospurs

skiathospurs

Well-Known Member
Founding Member
The man with the best info is back!! Big thread attached to tweet.

 
Don Diaz

Don Diaz

Zero tolerance of Numpty's
Founding Member
The man with the best info is back!! Big thread attached to tweet.

This presentation, analysis and comparisons are fascinating, easy to read and understand. It's a real insight and possibly the only one worth spending any time on.
 
C

corroded

Player in Training.
Way I choose to read that... on this track, we're a Dortmund/Atletico sized club, running with player sales making cash... but are transitioning to becoming a financial powerhouse in Europe

I approve.
 
Dorset

Dorset

The Voice Of Reason
Founding Member
Way I choose to read that... on this track, we're a Dortmund/Atletico sized club, running with player sales making cash... but are transitioning to becoming a financial powerhouse in Europe

I approve.
I will only approve if being a financial powerhouse puts shineys in the cupboard. I don't give the tiniest feck about being a financial powerhouse.. Shineys are the only thing that matter. I don' really think Levy has the ability to spend the sort of money needed for us to become a football powerhouse and he is not invited to the grand BBQ opening ceremony at Casa Dorset, the bloke makes me itch, always has.
 
skiathospurs

skiathospurs

Well-Known Member
Founding Member
Thread with all the european competition financials,and PL money at the end.
Spurs CL £90m arsenal EL £32m !!!

 
Don Diaz

Don Diaz

Zero tolerance of Numpty's
Founding Member
Thread with all the european competition financials,and PL money at the end.
Spurs CL £90m arsenal EL £32m !!!

The rich which now includes us, keep getting exponentially richer, the top 4 even more crucial in this regard. What hope for everyone outside the top 6......? Find a multi billionaire or just play for fun. I mean Saints beat us, Palace beat City, etc. So there’s still hope, but football as we used to know it is disappearing.....quickly.
 
skiathospurs

skiathospurs

Well-Known Member
Founding Member
The rich which now includes us, keep getting exponentially richer, the top 4 even more crucial in this regard. What hope for everyone outside the top 6......? Find a multi billionaire or just play for fun. I mean Saints beat us, Palace beat City, etc. So there’s still hope, but football as we used to know it is disappearing.....quickly.
I make that £235m for participating in the PL and CL,before matchday revenue,sponsors,domestic cup income etc.
Even Huddersfield earnt from PL £97m,yikes .
 
Don Diaz

Don Diaz

Zero tolerance of Numpty's
Founding Member
I make that £235m for participating in the PL and CL,before matchday revenue,sponsors,domestic cup income etc.
Even Huddersfield earnt from PL £97m,yikes .
So with a naming rights deal the stadium is paid off in about 2-3years.....Wow! Levy can afford to invest in players. But we’re soon going to be Man City lite,
 
C

corroded

Player in Training.
If you want to look at it another way, consindering in the last ten years we'd spent £500m or so on capex... not including players, etc iirc from a Swiss Ramble.... that's a good chunk of whatever we owe on the stadium.
 
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