I think it was a business decision. And I think it will pay off. Vanity?
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That's vanity.
All bank borrowing at 3.7%. That's £37 million pa. just in interest.
Adult season ticket prices range from £795 to £2,200, while under-18s can expect to pay between £397.50 to £562.50
There's a tipping point. When a few thousand suddenly have an 'Emperor's new clothes' moment and suddenly twig they're being conned, it will end in tears..
I think it was a business decision. And I think it will pay off. Vanity?
there is no shortage of Spurs fans who can afford that for a season ticket. A few thousand will twig i am sure, but a few more thousand will be ready and waiting to replace them. Of course that doesn't make it right - it should be priced so that most can afford it - but I think we are a long way off the bubble bursting just yet.
Cashless
We know who you are, where you are, what you are buying, what date, its ok I've nothing to hide .
On every occasion we don't use cash for payment we are tightening the noose around our own necks by hastening the day when it's eliminated and then the money masters, along with their politician stooges, accomplish total financial enslavement for then they will be able to tax (a polite term for legally steal, confiscate, etc) everything they wish at source and silence those they deign are not perfect citizens (i.e. fall short of being compliant, grovelling serfs) with the threat of making their bank account(s) inaccessible.
Spent time in Sweden last year, took out £20 (equivalent) in cash, was pushed to be able to spend it as everywhere was card payments. Eventually had a Burger King just to get rid of it. Even market stalls all had iZettle card readers. 10kr for the toilets in the station in Stockholm ? On the card. Public transport ? pre-pay on the app, activate the ticket when you want to use it and away you go. Most places in Stockholm now won’t even take cash at all. It’s coming whether we want it or not.
I stopped carrying cash about a decade ago. Just no need for it. I only take it out if I need to put a fiver in someone’s leaving card at work.
If you are worried about anonymity there are ways around that issue. But I’ve no reason to. Card payment is so much simpler and safer.
I hope I’m up Thornhill by the time cash is totally snubbed. I prefer to have notes in my wallet, when they’re gone they’re gone, I notice tipsy youngsters in bars flashing their cards, I dread to think the rude awakening they (or their parents) get when they check their balance when sober, it’s frightening.
Being relativity young still, I have always had a very bad relationship with money, always spent whatever I had, from my first part time job in school to my student loan. would spend whatever I had and survive till the next pay cheque usually borrowing of parents, always maxed out my free overdrafts too.
I feel the blame is the new con-tactless culture, where you have no emotional contact with your own cash. (and my own self-discipline)
Anyway a few months ago I started doing some deliveries for a local take-away, and it has been the first time I have dealt with cash. Is has been one of the most important life lessons I have ever had, for the first time actually counting my cash at the end of the night paying the shop their cut and paying my petrol. I sit their with my £40 profit and suddenly that small amount of money is a direct representation of my work.
I have stopped online gambling, I have stopped my casual smoking habit and I have stopped impulsive online transactions on amazon, xbox ect.
Nothing to do with vanity, it is all about income. Spurs and West ham will massively increase their incomes with these moves and that will help them to compete at a higher level than they currently do. Do you really think that David Levy is the kind of person who would waste £1bn on a vanity project?
Spurs new stadium looks amazing, crowd are right up close to the pitch and it seems to keep a great atmosphere in.
Hardly need physical cash much myself these days.
Can't be long until beggars carry around those little square cash readers.