The Harry Kane Team 2017/18

[aguero93:20]

The new stadium will account for some £60m extra income per annum, all revenue streams considered.

Breakdown of figures please?

 

[JimB]

Breakdown of figures please?

Thanks for asking that! I think, on reflection, that my original estimate was a little outdated. It assumed slightly cheaper, rather than what we now know are significantly more expensive, ticket prices at the new stadium:


20K extra general admission seats at an average of £1200 per annum, including all cup games - £24m

5K extra corporate / club seats at an average of £4500 per annum, including all cup games - £22.5m

Average ticket price increase on the 33K previously existing general admission seats of £200 per annum - £6.5m

Average ticket price increase on the 3K previously existing corporate / club seats of £1000 per annum - £3m

Stadium naming rights per annum - £10m

16 non football events per annum, including NFL and concerts - £10m

Increased value of catering concessions per annum - £1m

Increased merchandise / programme sales from 600K extra fans attending home games per annum - £1m

Increased non event day use of the stadium and ancillary buildings as a consequence of vastly improved facilities - £1m


Total - £79m


The above are all conservative estimates, save for the important caveat that they assume a sold out stadium. But even if performances and results on the pitch were to suffer a decline and attendances were consequently to drop by 10-15K per game, the added income generated by the new stadium would still be in the region of £60m per annum.

 

[Mallorca Blue]

Thanks for asking that! I think, on reflection, that my original estimate was a little outdated. It assumed slightly cheaper, rather than what we now know are significantly more expensive, ticket prices at the new stadium:


20K extra general admission seats at an average of £1200 per annum, including all cup games - £24m

5K extra corporate / club seats at an average of £4500 per annum, including all cup games - £22.5m

Average ticket price increase on the 33K previously existing general admission seats of £200 per annum - £6.5m

Average ticket price increase on the 3K previously existing corporate / club seats of £1000 per annum - £3m

Stadium naming rights per annum - £10m

16 non football events per annum, including NFL and concerts - £10m

Increased value of catering concessions per annum - £1m

Increased merchandise / programme sales from 600K extra fans attending home games per annum - £1m

Increased non event day use of the stadium and ancillary buildings as a consequence of vastly improved facilities - £1m


Total - £79m


The above are all conservative estimates, save for the important caveat that they assume a sold out stadium. But even if performances and results on the pitch were to suffer a decline and attendances were consequently to drop by 10-15K per game, the added income generated by the new stadium would still be in the region of £60m per annum.

Good post but I'm not really convinced. There are a lot of other well-informed writers expressing serious doubts about this financial utopia. Here's one of the better articles:

https://www.theguardian.com/footbal...ck-stadium-costs-escalate-mauricio-pochettino

Levy said at the beginning of the year that Spurs would definitely be playing at the new stadium in August 2018. We now know he got that one wrong because you are definitely not playing in the new stadium in August. What else has he miscalculated and how much will this delay actually cost the club?

https://www.standard.co.uk/sport/fo...-play-there-insists-daniel-levy-a3738736.html

 

[Mallorca Blue]

- The new stadium will account for some £60m extra income per annum, all revenue streams considered.

- It won't cost £1 billion. The cost for the entire Northumberland Development Project (stadium, supermarket, school, offices, medical centre, museum and groundworks for the hotel, extreme sports centre and 500+ new homes) will be in the region of £850m, including some £160m in land acquisition costs. Some £250m of the overall project has already been paid for with the club's money. Much of the remainder is enabling development that will further help to reduce borrowing.

- Redeveloping the old WHL piecemeal would have limited final capacity to little over 50K.

- Undoubtedly there will be players on the move. But not because Spurs will need to sell. With the new stadium, improved TV and sponsorship deals etc, Spurs' income will rise to around £400m per annum without factoring in possible CL income. That will be more than adequate to service and repay the debt within a comparatively short period.



Lucky, how? Spurs paid Wembley a king's ransom for one season at Wembley, plus four European games the season before. That's just a commercial deal. Nothing lucky about it. It benefited the FA as much as it benefited Spurs. Certainly, Spurs were no more lucky to have briefly made Wembley their home than your club was to have taken the City of Manchester Stadium as their home. Both were ultimately commercial deals.

And while some public money did contribute to the construction of Wembley, the vast majority was paid for by the FA. So not directly paid for by "all fans".

Fair point but where does the FA get its money from ultimately?

 

[Vienna_70]

- The new stadium will account for some £60m extra income per annum, all revenue streams considered.

- It won't cost £1 billion. The cost for the entire Northumberland Development Project (stadium, supermarket, school, offices, medical centre, museum and groundworks for the hotel, extreme sports centre and 500+ new homes) will be in the region of £850m, including some £160m in land acquisition costs. Some £250m of the overall project has already been paid for with the club's money. Much of the remainder is enabling development that will further help to reduce borrowing.

- Redeveloping the old WHL piecemeal would have limited final capacity to little over 50K.

- Undoubtedly there will be players on the move. But not because Spurs will need to sell. With the new stadium, improved TV and sponsorship deals etc, Spurs' income will rise to around £400m per annum without factoring in possible CL income. That will be more than adequate to service and repay the debt within a comparatively short period.



Lucky, how? Spurs paid Wembley a king's ransom for one season at Wembley, plus four European games the season before. That's just a commercial deal. Nothing lucky about it. It benefited the FA as much as it benefited Spurs. Certainly, Spurs were no more lucky to have briefly made Wembley their home than your club was to have taken the City of Manchester Stadium as their home. Both were ultimately commercial deals.

And while some public money did contribute to the construction of Wembley, the vast majority was paid for by the FA. So not directly paid for by "all fans".

CMS would not have been built if we hadn’t agreed to take it over after the Commonwealth Games.

A temporary stadium would have been erected.

 

[Tanzeylee]

- The new stadium will account for some £60m extra income per annum, all revenue streams considered.

- It won't cost £1 billion. The cost for the entire Northumberland Development Project (stadium, supermarket, school, offices, medical centre, museum and groundworks for the hotel, extreme sports centre and 500+ new homes) will be in the region of £850m, including some £160m in land acquisition costs. Some £250m of the overall project has already been paid for with the club's money. Much of the remainder is enabling development that will further help to reduce borrowing.

- Redeveloping the old WHL piecemeal would have limited final capacity to little over 50K.

- Undoubtedly there will be players on the move. But not because Spurs will need to sell. With the new stadium, improved TV and sponsorship deals etc, Spurs' income will rise to around £400m per annum without factoring in possible CL income. That will be more than adequate to service and repay the debt within a comparatively short period.



Lucky, how? Spurs paid Wembley a king's ransom for one season at Wembley, plus four European games the season before. That's just a commercial deal. Nothing lucky about it. It benefited the FA as much as it benefited Spurs. Certainly, Spurs were no more lucky to have briefly made Wembley their home than your club was to have taken the City of Manchester Stadium as their home. Both were ultimately commercial deals.

And while some public money did contribute to the construction of Wembley, the vast majority was paid for by the FA. So not directly paid for by "all fans".

It will cost 1.2 to 1.4 billion and you will be lucky if you’re in there by the end of September.

 

[prestonibbo_mcfc]

- The new stadium will account for some £60m extra income per annum, all revenue streams considered.

- It won't cost £1 billion. The cost for the entire Northumberland Development Project (stadium, supermarket, school, offices, medical centre, museum and groundworks for the hotel, extreme sports centre and 500+ new homes) will be in the region of £850m, including some £160m in land acquisition costs. Some £250m of the overall project has already been paid for with the club's money. Much of the remainder is enabling development that will further help to reduce borrowing.

- Redeveloping the old WHL piecemeal would have limited final capacity to little over 50K.

- Undoubtedly there will be players on the move. But not because Spurs will need to sell. With the new stadium, improved TV and sponsorship deals etc, Spurs' income will rise to around £400m per annum without factoring in possible CL income. That will be more than adequate to service and repay the debt within a comparatively short period.



Lucky, how? Spurs paid Wembley a king's ransom for one season at Wembley, plus four European games the season before. That's just a commercial deal. Nothing lucky about it. It benefited the FA as much as it benefited Spurs. Certainly, Spurs were no more lucky to have briefly made Wembley their home than your club was to have taken the City of Manchester Stadium as their home. Both were ultimately commercial deals.

And while some public money did contribute to the construction of Wembley, the vast majority was paid for by the FA. So not directly paid for by "all fans".

You are Steffi and I claim my £5.

 

[JimB]

Good post but I'm not really convinced. There are a lot of other well-informed writers expressing serious doubts about this financial utopia. Here's one of the better articles:

https://www.theguardian.com/footbal...ck-stadium-costs-escalate-mauricio-pochettino

Levy said at the beginning of the year that Spurs would definitely be playing at the new stadium in August 2018. We now know he got that one wrong because you are definitely not playing in the new stadium in August. What else has he miscalculated and how much will this delay actually cost the club?

https://www.standard.co.uk/sport/fo...-play-there-insists-daniel-levy-a3738736.html

With respect to the first article, it's an interesting piece, certainly. But it's mere opinion. Written by a well known Arsenal fan. Based on some vague phrases by an Argentinian with a limited grasp of English. Who also happened to be angling for a new contract and greater resources in the transfer market. Not to be taken at face value.

With respect to the second, if Spurs play their first home game in the new stadium in September, after the international break, then it would be splitting hairs to protest that Levy had said the first home game would be in August. This is major, complex, groundbreaking construction on an incredibly tight schedule. It's not always possible to predict exactly when such a project will be ready for use. So long as Spurs are able to play a full season at new WHL, Levy will have been as good as his word, IMO. And all the noises from within the club suggest that, even if a number of finishing touches remain to be completed at time of opening, the stadium will be safe and ready to host two or three warm up events in August and its first competitive game in September.

Fair point but where does the FA get its money from ultimately?

If fans have paid for England games or England shirts etc, then that was the deal. Nothing else was promised or implied. Those fans don't subsequently get a share of a stadium - any more than regular movie-goers get a share in their local cinema.

 

[JimB]

It will cost 1.2 to 1.4 billion and you will be lucky if you’re in there by the end of September.

Back of a beer mat?

As of 2 months ago, £850m is the total cost of the Northumberland Development Project. Some £250m has already been paid for out of the club's money. A significant proportion of the remainder is enabling development that will help to pay off the debt. And what debt remains, while still big, can comfortably be serviced and repaid given Spurs' earnings once the new stadium is up and running.

 

[The Stockport Iniesta]

Spurs big problem going forward will be the wage structure, unless they spunk the extra income on player wages i don't really see how they compete for title's anytime soon.