Caporegime
- Joined
- 22 Oct 2002
- Posts
- 28,303
- Location
- Boston, Lincolnshire
Stadium pays for itself, just like Arsenal's. WE pay 18mil a year in stadium debt repayments.... our revenue went from ~50 to ~100mil. IE we immediately made 50mil more a year and with 95% of that being ticket income the profit margin of that 50mil revenue is exceptionally high. Meaning from pretty much day one we were 30mil better off every year since. Clubs wouldn't go for stadium expansions if they didn't help financially, if they'll cost more to pay off that you make in extra income the project doesn't get off the ground. If you can make more in extra revenue than the debt will cost to service it's a no brainer.
Tottenham are not Arsenal though. Man City struggle to fill their stadium and while Spurs are old firm are they going to get 60k a week?