Money for Nothing.
Todays headlines are all to do with Money; according to the Daily Mail Harry is about to get a bumper pay-rise.
According to my source, there has been no discussion about an imminent new deal. Funnily enough, I know who I believe.
But the assumption could be sound, Poch has just said that the only way we sell Harry is if he asks for it, he said this to The Evening Standard
Harringay Council have got brave and signed a deal with mammoth property developer Lendlease to regenerate the area around the site of Tottenham Hotspur’s new stadium in north London; I say brave, as their councillors are being picked off by Labours momentum group for not being left-wing enough and not being ‘sound’ Corbynista’s and it’s fair to say that the extreme left pressure group are said to have targeted a complete local party takeover, which if it happens, would most likely have scuppered the deal and may well complicate it in the future> a declaration that Harringay renames itself the Communist Republic of Tottenham and Soviet States would likely put off all investors – but such is Corbyn’s destructive vision for Britain.
The Council and Lendlease are looking to regenerate the depressed under-invested area with the promise of a huge investment in 2,500 homes and 3,000 new jobs over the course of the project which will begin later this year. Of course, as in any regeneration project on planet Earth, let alone one of this size, it has attracted lots of criticism from local businesses and locals who live there and those simply jumping on another anti-capitalism bandwagon, but there are others who recognise that the area has been poorly run and an effective night-time no-go zone in some parts for decades.
The one big problem with the new stadium was no new tube station and as most of Tottenham’s fans aren’t drawn from the area anymore so transport links have been a red-hot issue for years. This deal will make all this happen, supposedly.
And to continue the Money theme The Soccerex Football Finance 100 which ranks the world’s top teams based on both their playing and fixed assets, money in the bank, owner potential investment and debt, was published on Wednesday.
We’re 5th in that global league., so according to some we’ve now got loads of money and can do whatever we like – the wrinkle in this assessment is that it takes into account your playing assets which skews our weighted ranking and means that we haven’t suddenly found a gold mine under the old White Hart lane – it’s above ground and running around at Wembley and unless we cash it in, it’s means nothing.
But let’s not kill a good story, money for nothing it is then. Levy must be brimming with pride this morning, either that or he had just found a way to prise a billion or so from down the back of Uncle Joes handmade Argentinian settees?
For those of you who like me, live, eat and die finance and analysis you can bore your elf to sleep and take pride in Daniel’s stewardship by downloading the report here: http://mysoccerex.com/Soccerex_Football_Finance_100_2018.pdf
Now if only we had a bit of silver to top this silly report off with?
Spurs Find Vast Fortune.
Money for Nothing.