2024-25 season non-Hibs games thread
Quote:
Originally Posted by
FilipinoHibs
The Emirates cost £390m to build.They borrowed £260m from banks, secured on future revenues. They borrowed another £97m from fans. They got £130m from selling Highbury. Emirates sponsored them for 15 years for a total of £100m or £6.7m a year. Of course some of the money went to service the debt and repay the interest and capital. The Emirates contribution is tiny compared to the UAE and Saudi involvement in City and Newcastle.
Not sure that was my point.
I mentioned their involvement with Emirates who are state owned to the tune of £50 million a year.
If you look at the numbers since 2018 and the end of the extended contract in 2028 it’ll be around £400 million in 10 years so that would average around £40 million a season? (If you add the previous years of sponsorship from emirates it’ll probably be closer to half a billion)
I would say £400 million is a substantial amount of money for any club,