Spurs thread 2019/20

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Well it is immoral when PL clubs use tax payers money to prop up their wage bill. Especially given the amounts they spunk on assets. I'd be gutted if City do this. So you'll just have to suck on the flak your club is getting.
Just to put you right "everyone" didn't think it was right when West Ham used taxpayers
money to get their stadium.

I'm pretty sure not one person complained about West Ham at all. I just find it amusing that's all. I'm sure Brady and co would be applauded!!!!
 
As I said in an earlier post, at least Spurs have actually contributed a significant amount to the public purse over recent years. A huge amount more than any other club in UK

OK I'll bite , why have spurs paid more into the public pursue than any other football club ? It certainly was tax on paying out bonuses for winning anything !
And why does that make it ok for a multi million company with a billionaire owner to use a scheme meant for your local little cafe or local pub?
 
As I said in an earlier post, at least Spurs have actually contributed a significant amount to the public purse over recent years. A huge amount more than any other club in the UK.

Whatever they take back by making use of the furlough scheme will be a fraction of what they have paid in tax and they will still remain comfortably the biggest net contributor to the public purse among UK football clubs.

I'll also repeat that I suspect that the majority of other clubs - many of which have contributed little to no tax over recent years (or even decade) - will join the five PL clubs to have already announced that they will be making use of the furlough scheme.
Smoke and mirrors.

It's noticeable that Levy and that other arsehole at Newcastle aren't even making up the 20% reduction in income which doesn't even mitigate LiVARpool* s and the other 2 clubs actions in my eyes. It leaves you looking like absolute scum.

they will still remain comfortably the biggest net contributor to the public purse among UK football clubs

Are you having an open top bus parade to celebrate your trophy? You can hire ours if you want, I dare say the horse and carriage you used for your last one is a bit out of date right now.
 
I'm pretty sure not one person complained about West Ham at all. I just find it amusing that's all. I'm sure Brady and co would be applauded!!!!
And you didn't know what Spuds had done re. the furloughed staff either.

You and @JimB are making a poor attempt at rewriting history, given how disgusting your club looks right now I can understand your total panic. Parasites.
 
Show us the proof, because I don't believe you.

OK I'll bite , why have spurs paid more into the public pursue than any other football club ? It certainly was tax on paying out bonuses for winning anything !
And why does that make it ok for a multi million company with a billionaire owner to use a scheme meant for your local little cafe or local pub?

Profit before tax over the past three years:

Spurs - £275m
Liverpool - £207m
Man Utd - £133m
Arsenal - £84m
Burnley - £77m
Leicester - £74m

Others have generally made total profits in that period of less than £50m, with some barely making any profit at all. Or even a loss. City, for what it's worth, made total profits of £20m.

Consequently, Spurs would have paid far more into the Exchequer than any other UK club over the that period.

As to this notion that the furlough scheme was designed to help the local pub or cafe, whatever gave you that idea?

It was designed to protect jobs. It was designed to save the economy from total collapse. It doesn't matter how big or small a company is. British Airways, a company with a £13 billion turnover, is furloughing up to 36,000 staff.
 
Well it is immoral when PL clubs use tax payers money to prop up their wage bill. Especially given the amounts they spunk on assets. I'd be gutted if City do this. So you'll just have to suck on the flak your club is getting.
Just to put you right "everyone" didn't think it was right when West Ham used taxpayers
money to get their stadium.

Whatever clubs might have spent in the past, however recent, is no longer relevant. People seem to be reacting emotionally, as if the financial and trading outlook hasn't changed one little bit; as if clubs still have money pouring into the coffers and are still profligately spending tens or hundreds of millions on buying new players while furloughing non playing staff.

There is a new reality and some clubs are going to be in dire financial straits. And sooner than you think.
 
As I understand it all tv money is paided up front along with shirt sponsorship etc etc the only short fall is match day revenues. If you take away the players win bonus, appearances bonus, goal scored bonus etc etc , clubs wont be that much worse off.
 
Spurs have taken on large debt in recent years largely to build their stadium. Unfortunately this stadium cannot be presented as a gift which the club was forced to give supporters and the public. In fact of, course, the building of the stadium was the result of a calculated decision taken by the club's multi-billionaire, tax exile owner and Mr Levy to increase the revenue generating capacity of the club. To this end no expense was spared on the restaurants and bars and facilities in general. The ground can make a claim to be one of, if not the, best in the world but the tickets are by no means cheap and fans, many of whom are in great difficulty for the foreseeable future, are certainly going to pay towards its cost. And it has to be pointed out that the government scheme for furloughing staff was not meant as a measure to help wealthy football clubs balance the books but as a measure to ensure that those fairly low down on the economic ladder don't have to starve and lose their homes as their major contribution to the fight against this dreadful pandemic. And yet we find that two of the very wealthiest clubs in the world - Spurs and Liverpool - don't find that they are pushed, after a long and heroic battle against harsh economic circumstances, into deciding reluctantly to furlough staff; they seize the opportunity, at the FIRST opportunity with both greedy hands to save a bob or two so that Levy - and John W Henry presumably - won't have to make a sacrifice at all. We're all in it together?

And not even a word about receiving tax payers money - state aid - after all the hypocritical whingeing they've done about City and state aid, despite the evidence freely available at Companies House.
 
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