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Aus Fox

Premier League Thread 2019/20

By Aus Fox, in Leicester City Forum

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Nicolo Barella

Nicolo Barella

Posted
Posted
33 minutes ago, KingsX said:

 

I still think Levy is the shrewdest at creating long-term value for his/ENIC’s purse, turning pennies into pounds.  Revenues have reached the “top six” (finally equal to Arsenal’s) and they own a new, massively valuable stadium.  All credit to him, it beats the Glazer model of using your club as an ATM, no skin in the game required.

 

But in creating success on the pitch, no.  His business model has crashed when it comes to maintaining and replenishing a balanced, committed playing staff.  If he was truly shrewd about football and human psychology, he’d have seen that coming and acted in time.

 

While Poch was obviously the perfect appointment, maybe that was partly just luck?  And for Jose to work as more than a short-term tonic that eventually kills the patient, will certainly require luck.

Presumably the "short term tonic" is all Levy is worried about - hopefully win something, make sure that Spurs don't drop disastrously in the league, and in the meantime find the next "sustainable" manager and groom him for their project - the next Marco Rose or Nagelsmann.

 

Or, against all odds, Mourinho works out for them semi long term.

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hackneyfox

hackneyfox

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19 minutes ago, Nicolo Barella said:

I imagine he's agreed to work with the existing squad through January, mainly because it's not an awful one, especially compared to Man Utd when he was there.

 

Yes, their debt is large, but that doesn't affect cashflow as you might think. They have to pay interest, not debt, so the effect on their cashflow is lessened. Their matchday income has surged compared to WHL at the new stadium, and they no longer pay £30 million a year in rent for Wembley. In addition once they sell off naming rights that will add another huge annual boost.

 

TIFO football has a decent video on this although it's a bit out of date.

Well if they don't eat into the debt they'll forever be paying the interest on it so not a good business model.

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Nicolo Barella

Nicolo Barella

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12 minutes ago, hackneyfox said:

Well if they don't eat into the debt they'll forever be paying the interest on it so not a good business model.

Obviously not a good business model, but if you're Levy, it makes a lot more sense to start actually paying off the debt more seriously in 5-10 years when their position and income is globally consolidated as a "big club's influence" than to pay now when things are more precarious and they are more likely to collapse. 

 

To put it another way, money in the pocket now is worth more than maybe having double the money in the future if they're lucky.

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LC/FC

LC/FC

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42 minutes ago, Nicolo Barella said:

I imagine he's agreed to work with the existing squad through January, mainly because it's not an awful one, especially compared to Man Utd when he was there.

 

Yes, their debt is large, but that doesn't affect cashflow as you might think. They have to pay interest, not debt, so the effect on their cashflow is lessened. Their matchday income has surged compared to WHL at the new stadium, and they no longer pay £30 million a year in rent for Wembley. In addition once they sell off naming rights that will add another huge annual boost.

 

TIFO football has a decent video on this although it's a bit out of date.

But if they just pay off interest and not work on the debt then they'll be where Man Utd are. 

The Glazers purchased the club under debt 15-20 years ago and the amount of interest paid in this time would have wiped off the debt by now but currently they're still in that debt from that original deal. Had to refinance about 10 years ago but still is eating into their bottomline year after year. If that club was actually ran properly they'd be able to actually complete for the best players in the World with Man City and Real Madrid.

But they're stuck with arseholes like Pogba and Sanchez as well as having to use players like McTominay and James. 

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Guest An Sionnach

Guest An Sionnach

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No matter how well funded a club is they will eventually get into trouble if you keep paying idiot money for overrated duds. Always be aware that the bigger the hype the greater the danger in the transfer market. Even a seemingly sensible club like Barcelona have made some crap signings recently . They paid nothing for Ineasta , Xavi and Messi . The secret is identifying young potential and signing them up early . We have found Chilwell, Barnes and Choudhury recently already very valuable assets.

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Nicolo Barella

Nicolo Barella

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19 minutes ago, LC/FC said:

But if they just pay off interest and not work on the debt then they'll be where Man Utd are. 

The Glazers purchased the club under debt 15-20 years ago and the amount of interest paid in this time would have wiped off the debt by now but currently they're still in that debt from that original deal. Had to refinance about 10 years ago but still is eating into their bottomline year after year. If that club was actually ran properly they'd be able to actually complete for the best players in the World with Man City and Real Madrid.

But they're stuck with arseholes like Pogba and Sanchez as well as having to use players like McTominay and James. 

The situations are wildly different. Glazers have no interest in fixing their debt, they profit off it. Man Utd are a much much wealthier, more establishment club. Spurs' debt could genuinely destroy them if they tried to pay it too quickly, they're absolutely much less a part of the establishment, they don't have huge revenue to fall back on they're still new to the global stage and have yet to amass a truly significant global fanbase. I also explain here

37 minutes ago, Nicolo Barella said:

Obviously not a good business model, but if you're Levy, it makes a lot more sense to start actually paying off the debt more seriously in 5-10 years when their position and income is globally consolidated as a "big club's influence" than to pay now when things are more precarious and they are more likely to collapse. 

 

To put it another way, money in the pocket now is worth more than maybe having double the money in the future if they're lucky.

That the issue of not paying their debt is temporary and to do with establishing themselves as an elite club first.

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steveherbe

steveherbe

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Nice to see Moaninho back. BBC website has dedicated 1 hour 40 minutes to him on the Premier League news conferences thread, and only 2 quotes from the manager of the team currently in 2nd place. Hope the Hammers win by a shed load on Saturday and shut the tw@t up. (Moaninho that is, not BR 😁)

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MarriedaLeicesterGirl

MarriedaLeicesterGirl

Posted
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3 minutes ago, steveherbe said:

Nice to see Moaninho back. BBC website has dedicated 1 hour 40 minutes to him on the Premier League news conferences thread, and only 2 quotes from the manager of the team currently in 2nd place. Hope the Hammers win by a shed load on Saturday and shut the tw@t up. (Moaninho that is, not BR 😁)

Part me is happy that he will draw attention away from the Leicester story, at least for a bit. I would rather the "Are Leicester for real?" stories be appearing in February, rather than November.

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mazarron fox

mazarron fox

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Would we swap this clown for our man no no no and a few more no’s he’s past his sell by he’s dated and more importantly he’s got no interest in anything other than his ego. He will get new manager bounce like they all do then when it drops off will blame everyone but himself then fook off with another wedge. He’s been a fraud for years

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LC/FC

LC/FC

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1 hour ago, Nicolo Barella said:

The situations are wildly different. Glazers have no interest in fixing their debt, they profit off it. Man Utd are a much much wealthier, more establishment club. Spurs' debt could genuinely destroy them if they tried to pay it too quickly, they're absolutely much less a part of the establishment, they don't have huge revenue to fall back on they're still new to the global stage and have yet to amass a truly significant global fanbase. I also explain here

That the issue of not paying their debt is temporary and to do with establishing themselves as an elite club first.

Not disputing that paying off the interest isn't the better option if you can't afford the to pay the actual debt off. But I'm not one to say I know what Levy or Tottenham are actually planning to do long term.

I'm just saying that Man Utd are an example of a club just interested in the profit rather than the overall health of their club which long term could be damaging. If it's temporary austerity measures for the foreseeable future that's completely normal. But if it hampers their growth on the footballing sides of things then the desire to keep establishing themselves as a bigger global power will be diminished. As continuous investment into any team is required to keep being competitive in the league and get results as it plain and simply a results business. Struggle with results and business will suffer. Have Spurs got the balance right between business and results? Time will tell. 

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filbertway

filbertway

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8 hours ago, Nicolo Barella said:

Levy spent £100 million last summer, and with the restriction to their cashflow that the construction of the stadium provided gone, I don't see why they won't be able to spend. Plus, Mourinho spoke at length whilst unemployed about how at his next job, he would clear the air with the club's management before joining to make sure they were on the same page. I highly doubt he joins Spurs, with the infamous Levy, without ensuring that both parties will be satisfied with each other in that regard. Also, do you really think Levy, the shrewdest man in football, makes a move like Mourinho without covering all his bases?

 

In addition, it's possible he convinces one of Vertonghen or Alderweireld to re-sign to the club, which lessens their need for transfers. 

Who did they sign last summer?

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Guest An Sionnach

Guest An Sionnach

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3 minutes ago, Pablito said:

BBC football expert Mark Lawrenson has got us down for a 2-1 loss against Brighton 😢

There is no such thing as a "football expert".

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