svarogbgupdated
Tottenham financial report for season 2021/22
There is big debate between fans about should they be Daniel and ENIC out or not. Real fans want trophies which they didn't see since 2008. They accuse Daniel for not spending enough, for running club like totalitarian leader, the most radical even call him a parasite who suck money from club to fill his pockets with ultimate goal to build buildings with that money. I joined Daniel and ENIC out because I feel there is something wrong with squad and even thinking he Daniel stands behind this to sack the manager. His interviews in which he mention plans about building hotel, residential buildings and some more exciting projects he can't talk about for now didn't help his cause. Financial report is out and we can see revenues and expenses of club for season 2021/22. You can download it from club's website. I think we published report first. At least we are first in something. :) I am not an accountant and I must confess I don't fully understand it. There are revenue of around 443 million, but there are even bigger expenses and if I read this right club lost around 61 million and thanks to taxation loss is only 50 million pounds. What they say no everything is in revenue something is in expenses of "9th richest club in the world" too. I fully understand structure of revenues. However I am struggling with expenses: Depreciation of property, plant and equipment is baffling me. It's 72 million pounds. I saw on twitter that is because we built stadium recently. I saw also that other clubs have this expense a lot lower. On example Newcastle only 3 million. I am not sure if this is something which we are paying in cache or some trick of accountants to show ourselves like in loss to gain taxation. Easy understandable are players and staff salaries of 209 million, while "Other operational costs" of 121 million were not mentioned bellow, but I can see it's doubled compared to last report. There is also amortization in transfers something like value divided with years of contract of 79 million. That brings us to expenses bigger than revenue. I am not from England and I am not sure are those 72 and 79 depreciation and amortization are paid in cache or not. I read on internet that depreciation is there to help companies to show something they built in multiple reports so I am not sure. Do you maybe know that ? This is key and that must be explained to fans so they can have pure picture. What is sure it is 209 million for wages, 42 million to the banks, 121 million of other operational costs. If that is the case then it's around 372 and we should have 443-372 which is 71 million of real cache profit which we can use for transfers. If depreciation is paid in cache we're around zero. It is not clear if "non football events on stadium" are included here or in some other report. Champions League money of around 100 million and bigger tv rights should increase our position this summer. It's not clear why other operational costs jumped so high compared to previous year and I really hope building hotels or something like that is not inside of it. Some competent accountant should look at this and explain to fans how things stand. To be honest I don't see why would authorities punish football club for building new stadium with 79 million pounds fine yearly ? I also found out that salary expenses are 45% or revenue which is low percentage compared to other clubs. Fact is also Daniel Levy is the chairman with the biggest yearly salary. Meanwhile Bissouma got injured went under surgery and will be out probably until the end of season so we are with Bentancur, Hojbjerg, Skipp, Sarr in midfield. That's big blow before Milan game because Hojbjerg has been suspended for it. Our full all fit squad lasted for couple of days and it was honor to watch our team against City in that state. Today is game against Leicester and I really hope Son's team mates will find a way to send him ball in free space to run and shot as well as Fraser Forster will do his job good! COYS! Tell me what do you think about this financial report and "depreciation' ? PS> I found out that calling bald man bald or egg is form of discrimination and use this article to apologize to Daniel for rooted egg jokes. I was to angry because of Sunday league errors. I just wanted to pressure him to do right thing like buying Porro, keep and support Conte and stuff like that. I am sorry Daniel.
svarogbgupdated
Tottenham financial report for season 2021/22
There is big debate between fans about should they be Daniel and ENIC out or not. Real fans want trophies which they didn't see since 2008. They accuse Daniel for not spending enough, for running club like totalitarian leader, the most radical even call him a parasite who suck money from club to fill his pockets with ultimate goal to build buildings with that money. I joined Daniel and ENIC out because I feel there is something wrong with squad and even thinking he Daniel stands behind this to sack the manager. His interviews in which he mention plans about building hotel, residential buildings and some more exciting projects he can't talk about for now didn't help his cause. Financial report is out and we can see revenues and expenses of club for season 2021/22. You can download it from club's website. I think we published report first. At least we are first in something. :) I am not an accountant and I must confess I don't fully understand it. There are revenue of around 443 million, but there are even bigger expenses and if I read this right club lost around 61 million and thanks to taxation loss is only 50 million pounds. What they say no everything is in revenue something is in expenses of "9th richest club in the world" too. I fully understand structure of revenues. However I am struggling with expenses: Depreciation of property, plant and equipment is baffling me. It's 72 million pounds. I saw on twitter that is because we built stadium recently. I saw also that other clubs have this expense a lot lower. On example Newcastle only 3 million. I am not sure if this is something which we are paying in cache or some trick of accountants to show ourselves like in loss to gain taxation. Easy understandable are players and staff salaries of 209 million, while "Other operational costs" of 121 million were not mentioned bellow, but I can see it's doubled compared to last report. There is also amortization in transfers something like value divided with years of contract of 79 million. That brings us to expenses bigger than revenue. I am not from England and I am not sure are those 72 and 79 depreciation and amortization are paid in cache or not. I read on internet that depreciation is there to help companies to show something they built in multiple reports so I am not sure. Do you maybe know that ? This is key and that must be explained to fans so they can have pure picture. What is sure it is 209 million for wages, 42 million to the banks, 121 million of other operational costs. If that is the case then it's around 372 and we should have 443-372 which is 71 million of real cache profit which we can use for transfers. If depreciation is paid in cache we're around zero. It is not clear if "non football events on stadium" are included here or in some other report. Champions League money of around 100 million and bigger tv rights should increase our position this summer. It's not clear why other operational costs jumped so high compared to previous year and I really hope building hotels or something like that is not inside of it. Some competent accountant should look at this and explain to fans how things stand. To be honest I don't see why would authorities punish football club for building new stadium with 79 million pounds fine yearly ? I also found out that salary expenses are 45% or revenue which is low percentage compared to other clubs. Fact is also Daniel Levy is the chairman with the biggest yearly salary. Meanwhile Bissouma got injured went under surgery and will be out probably until the end of season so we are with Bentancur, Hojbjerg, Skipp, Sarr in midfield. That's big blow before Milan game because Hojbjerg has been suspended for it. Our full all fit squad lasted for couple of days and it was honor to watch our team against City in that state. Today is game against Leicester and I really hope Son's team mates will find a way to send him ball in free space to run and shot as well as Fraser Forster will do his job good! COYS! Tell me what do you think about this financial report and "depreciation' ? PS> I found out that calling bald man bald or egg is form of discrimination and use this article to apologize to Daniel for rooted egg jokes. I was to angry because of Sunday league errors. I just wanted to pressure him to do right thing like buying Porro, keep and support Conte and stuff like that. I am sorry Daniel.
svarogbgupdated
Tottenham financial report for season 2021/22
There is big debate between fans about should they be Daniel and ENIC out or not. Real fans want trophies which they didn't see since 2008. They accuse Daniel for not spending enough, for running club like totalitarian leader, the most radical even call him a parasite who suck money from club to fill his pockets with ultimate goal to build buildings with that money. I joined Daniel and ENIC out because I feel there is something wrong with squad and even thinking he Daniel stands behind this to sack the manager. His interviews in which he mention plans about building hotel, residential buildings and some more exciting projects he can't talk about for now didn't help his cause. Financial report is out and we can see revenues and expenses of club for season 2021/22. You can download it from club's website. I think we published report first. At least we are first in something. :) I am not an accountant and I must confess I don't fully understand it. There are revenue of around 443 million, but there are even bigger expenses and if I read this right club lost around 61 million and thanks to taxation loss is only 50 million pounds. What they say no everything is in revenue something is in expenses of "9th richest club in the world" too. I fully understand structure of revenues. However I am struggling with expenses: Depreciation of property, plant and equipment is baffling me. It's 72 million pounds. I saw on twitter that is because we built stadium recently. I saw also that other clubs have this expense a lot lower. On example Newcastle only 3 million. I am not sure if this is something which we are paying in cache or some trick of accountants to show ourselves like in loss to gain taxation. Easy understandable are players and staff salaries of 209 million, while "Other operational costs" of 121 million were not mentioned bellow, but I can see it's doubled compared to last report. There is also amortization in transfers something like value divided with years of contract of 79 million. That brings us to expenses bigger than revenue. I am not from England and I am not sure are those 72 and 79 depreciation and amortization are paid in cache or not. I read on internet that depreciation is there to help companies to show something they built in multiple reports so I am not sure. Do you maybe know that ? This is key and that must be explained to fans so they can have pure picture. What is sure it is 209 million for wages, 42 million to the banks, 121 million of other operational costs. If that is the case then it's around 372 and we should have 443-372 which is 71 million of real cache profit which we can use for transfers. If depreciation is paid in cache we're around zero. It is not clear if "non football events on stadium" are included here or in some other report. Champions League money of around 100 million and bigger tv rights should increase our position this summer. It's not clear why other operational costs jumped so high compared to previous year and I really hope building hotels or something like that is not inside of it. Some competent accountant should look at this and explain to fans how things stand. To be honest I don't see why would authorities punish football club for building new stadium with 79 million pounds fine yearly ? I also found out that salary expenses are 45% or revenue which is low percentage compared to other clubs. Fact is also Daniel Levy is the chairman with the biggest yearly salary. Meanwhile Bissouma got injured went under surgery and will be out probably until the end of season so we are with Bentancur, Hojbjerg, Skipp, Sarr in midfield. That's big blow before Milan game because Hojbjerg has been suspended for it. Our full all fit squad lasted for couple of days and it was honor to watch our team against City in that state. Today is game against Leicester and I really hope Son's team mates will find a way to send him ball in free space to run and shot as well as Fraser Forster will do his job good! COYS! Tell me what do you think about this financial report and "depreciation' ? PS> I found out that calling bald man bald or egg is form of discrimination and use this article to apologize to Daniel for rooted egg jokes. I was to angry because of Sunday league errors. I just wanted to pressure him to do right thing like buying Porro, keep and support Conte and stuff like that. I am sorry Daniel.
FOUR SIGNINGS IN FOUR WEEKS
Hi,who missed my absence?🙂 It's only the first day in July, but the 'Real Madrid' of London is doing brisk, but efficient business. Wait a minute, that's the club where in mid-August,Mauricio Pochettino the then coach was frantically hoping will sign four players in two week (the transfer window closes,end of August). Business at snail speed was what this club was known for,pretty much like their red wearing big brother. So in April 2018, it was Pochettino moaning about the club's slow start to seasons being occasioned by the club's habit of leaving it late in the window before getting in new signings.In his words:'We need today, no, yesterday, to start to work to try to sign players.' He words even revealed his near confusion. Let me add that leaving it late effectively ensures that all desired signings don't happen. By July 2018 and four weeks before the commencement of the season the club had made absolutely no signings. Being in Pochettino's shoes must have been hard sailing folks.🙂 Before I proceed may I unveil a little bit of some mystery. By 'Real Madrid' of London, I am referring to Tottenham. I used that name with reference to the colour of their home strip(which is white) being same as Madrid's. Please this is the context alone,in which I used that name,apologies to Real Madrid faithfuls if they feel offended by the use of the hallowed name of their club. "Red wearing big brother" refers to Arsenal,since red is a huge theme on Arsenal's home street. Again as before,I spoke of 'brother' only to refer to the fact that they both hail from same city, no offence to Arsenal and Tottenham fans who don't want to be seen as brothers with each other. May I now proceed. It was a *sonic* boom of a 4 weeks– Perisic, Bissouma, Forster and Richarlison! All these quality additions that definitely improves the side,plus giving it much needed squad depth. It's the Paratici– Fabio Paratici– the Italian,Managing Director of football for Tottenham. He was employed in June,2021,immediately after he left Juventus,where he did an exceptional work,in a similar role, where he worked for 11years. He proved himself an exceptional talent in player recruitment at Juve. Part of his time at Juve was spent with Antonio Conte(the team's coach) and those years were successful years with both of them dovetailing nicely. Infact Conte was to be appointed alongside Paratici in 2021, but Tottenham felt he was too expensive. They suffered for that unwise choice and had to scamper back in search of him; good enough he wasn't employed yet and ofcourse they met his desired pay. So the Fabio–Antonio combo was reignited. So we go through the names briefly: Ivan Perisic: This man from Crotia is a competent customer,a hardworking right winger who Conte knows very well,having coached him at Inter and Juve before. At 31years of age and a World Cup veteran,he brings a massive load of experience to this Tottenham side that will be competing in the Champions league. Sven Bissouma: This signing made people to sit-up and begin to take Tottenham seriously. This player has drawn admiring glances from big clubs.He sits at the base of the midfield dictating play. He is a bundle of energy and difficult to disposses because of his skill on the ball and his low centre of gravity.He can play as a number 4 or assist same playing as a box-box midfielder. Great buy! Ben Foster: A great keeper to have as a backup. He has premier league experience, under his belt,so he is a useful addition to give club captain, Hugo Lloris some fight. Richarlison: The darling of Everto football club before now. He has been a mainstay under any coach who has coached Everton. He is a Brazilian and he offers you that Brazil *magic* from time to time. He is a forward player,with speed and energy. He is known for his strong winning mentality, and hunger for goals.
FOUR SIGNINGS IN FOUR WEEKS
Hi,who missed my absence?🙂 It's only the first day in July, but the 'Real Madrid' of London is doing brisk, but efficient business. Wait a minute, that's the club where in mid-August,Mauricio Pochettino the then coach was frantically hoping will sign four players in two week (the transfer window closes,end of August). Business at snail speed was what this club was known for,pretty much like their red wearing big brother. So in April 2018, it was Pochettino moaning about the club's slow start to seasons being occasioned by the club's habit of leaving it late in the window before getting in new signings.In his words:'We need today, no, yesterday, to start to work to try to sign players.' He words even revealed his near confusion. Let me add that leaving it late effectively ensures that all desired signings don't happen. By July 2018 and four weeks before the commencement of the season the club had made absolutely no signings. Being in Pochettino's shoes must have been hard sailing folks.🙂 Before I proceed may I unveil a little bit of some mystery. By 'Real Madrid' of London, I am referring to Tottenham. I used that name with reference to the colour of their home strip(which is white) being same as Madrid's. Please this is the context alone,in which I used that name,apologies to Real Madrid faithfuls if they feel offended by the use of the hallowed name of their club. "Red wearing big brother" refers to Arsenal,since red is a huge theme on Arsenal's home street. Again as before,I spoke of 'brother' only to refer to the fact that they both hail from same city, no offence to Arsenal and Tottenham fans who don't want to be seen as brothers with each other. May I now proceed. It was a *sonic* boom of a 4 weeks– Perisic, Bissouma, Forster and Richarlison! All these quality additions that definitely improves the side,plus giving it much needed squad depth. It's the Paratici– Fabio Paratici– the Italian,Managing Director of football for Tottenham. He was employed in June,2021,immediately after he left Juventus,where he did an exceptional work,in a similar role, where he worked for 11years. He proved himself an exceptional talent in player recruitment at Juve. Part of his time at Juve was spent with Antonio Conte(the team's coach) and those years were successful years with both of them dovetailing nicely. Infact Conte was to be appointed alongside Paratici in 2021, but Tottenham felt he was too expensive. They suffered for that unwise choice and had to scamper back in search of him; good enough he wasn't employed yet and ofcourse they met his desired pay. So the Fabio–Antonio combo was reignited. So we go through the names briefly: Ivan Perisic: This man from Crotia is a competent customer,a hardworking right winger who Conte knows very well,having coached him at Inter and Juve before. At 31years of age and a World Cup veteran,he brings a massive load of experience to this Tottenham side that will be competing in the Champions league. Sven Bissouma: This signing made people to sit-up and begin to take Tottenham seriously. This player has drawn admiring glances from big clubs.He sits at the base of the midfield dictating play. He is a bundle of energy and difficult to disposses because of his skill on the ball and his low centre of gravity.He can play as a number 4 or assist same playing as a box-box midfielder. Great buy! Ben Foster: A great keeper to have as a backup. He has premier league experience, under his belt,so he is a useful addition to give club captain, Hugo Lloris some fight. Richarlison: The darling of Everto football club before now. He has been a mainstay under any coach who has coached Everton. He is a Brazilian and he offers you that Brazil *magic* from time to time. He is a forward player,with speed and energy. He is known for his strong winning mentality, and hunger for goals.
FOUR SIGNINGS IN FOUR WEEKS
Hi,who missed my absence?🙂 It's only the first day in July, but the 'Real Madrid' of London is doing brisk, but efficient business. Wait a minute, that's the club where in mid-August,Mauricio Pochettino the then coach was frantically hoping will sign four players in two week (the transfer window closes,end of August). Business at snail speed was what this club was known for,pretty much like their red wearing big brother. So in April 2018, it was Pochettino moaning about the club's slow start to seasons being occasioned by the club's habit of leaving it late in the window before getting in new signings.In his words:'We need today, no, yesterday, to start to work to try to sign players.' He words even revealed his near confusion. Let me add that leaving it late effectively ensures that all desired signings don't happen. By July 2018 and four weeks before the commencement of the season the club had made absolutely no signings. Being in Pochettino's shoes must have been hard sailing folks.🙂 Before I proceed may I unveil a little bit of some mystery. By 'Real Madrid' of London, I am referring to Tottenham. I used that name with reference to the colour of their home strip(which is white) being same as Madrid's. Please this is the context alone,in which I used that name,apologies to Real Madrid faithfuls if they feel offended by the use of the hallowed name of their club. "Red wearing big brother" refers to Arsenal,since red is a huge theme on Arsenal's home street. Again as before,I spoke of 'brother' only to refer to the fact that they both hail from same city, no offence to Arsenal and Tottenham fans who don't want to be seen as brothers with each other. May I now proceed. It was a *sonic* boom of a 4 weeks– Perisic, Bissouma, Forster and Richarlison! All these quality additions that definitely improves the side,plus giving it much needed squad depth. It's the Paratici– Fabio Paratici– the Italian,Managing Director of football for Tottenham. He was employed in June,2021,immediately after he left Juventus,where he did an exceptional work,in a similar role, where he worked for 11years. He proved himself an exceptional talent in player recruitment at Juve. Part of his time at Juve was spent with Antonio Conte(the team's coach) and those years were successful years with both of them dovetailing nicely. Infact Conte was to be appointed alongside Paratici in 2021, but Tottenham felt he was too expensive. They suffered for that unwise choice and had to scamper back in search of him; good enough he wasn't employed yet and ofcourse they met his desired pay. So the Fabio–Antonio combo was reignited. So we go through the names briefly: Ivan Perisic: This man from Crotia is a competent customer,a hardworking right winger who Conte knows very well,having coached him at Inter and Juve before. At 31years of age and a World Cup veteran,he brings a massive load of experience to this Tottenham side that will be competing in the Champions league. Sven Bissouma: This signing made people to sit-up and begin to take Tottenham seriously. This player has drawn admiring glances from big clubs.He sits at the base of the midfield dictating play. He is a bundle of energy and difficult to disposses because of his skill on the ball and his low centre of gravity.He can play as a number 4 or assist same playing as a box-box midfielder. Great buy! Ben Foster: A great keeper to have as a backup. He has premier league experience, under his belt,so he is a useful addition to give club captain, Hugo Lloris some fight. Richarlison: The darling of Everto football club before now. He has been a mainstay under any coach who has coached Everton. He is a Brazilian and he offers you that Brazil *magic* from time to time. He is a forward player,with speed and energy. He is known for his strong winning mentality, and hunger for goals.