Cain Hoy say 'No'.

Lilbaz · Sep 12, 2014

fortworthspur said:
whats the inheritance tax in the UK? Recently after making racist comments the LA Clippers owner was forced to sell. He didnt want to because if he passed the franchise on to his heirs intact they were taxed much less than if he just gave them the cash from the sale. It was a similar situation otherwise - he'd bought it years ago for 20 million or something and its worth 100s of millions now.

Lewis lives in the Bahamas. He will just pass control of Enic over.

Mullers · Sep 12, 2014

Lilbaz said:
Our current model is pay what we can afford while building a new stadium.

And buying players with potential for low transfer fees and developing our own talent.
Either the model works or it doesn't work. If it does work then there is no need to pay large transfer fees and wages.
So which is it? Does it work or not?

Lilbaz · Sep 12, 2014

haydsmith said:
Who said that? People keep saying that but a)the club hasn't said so and b)the new stadium keeps getting put back

a) in nearly every financial for the last year we mention aiming to build a new stadium while trying to keep our team competitive.
b) yes due to waiting 2 years for a CPO and now an appeal to the high court. The CPO is between Harringey and Archway not controlled by spurs/enic.

Mullers · Sep 12, 2014

SteveH said:
Ronaldo wants £300k* pw.
Now I'm not saying a new stadium will allow Spurs to pay these figures*, but it moves Spurs in the right direction even if its 15 years too late.

So this is an admittance that the current model doesn't work and it's taken Levy 14/15 years to realise it?

Yorkville Spur · Sep 12, 2014

After seeing the kind of money Guggenheim threw at the LA Dodgers, I will not completely dismiss this rumor. I don't think they'd blink at a 1 billion pound valuation. If they do takeover the club, I'd expect them to throw as much cash at players as they are able which has been their MO for their baseball team. I would still prefer ENIC's stewardship, though, as while Guggenheim have proven they are not afraid to throw cash around, I'm wary of their inexperience in sports, in football and in England where it's been hard enough for a guy like Levy to maneuver through the bureaucracy and local politics.

Anyway, this would not be a Glazer situation as these guys would not have to finance a purchase of the club. They've got plenty of money to just buy it outright. This would be much more FSG than Glazer.

Lilbaz · Sep 12, 2014

Mullers said:
And buying players with potential for low transfer fees and developing our own talent.
Either the model works or it doesn't work. If it does work then there is no need to pay large transfer fees and wages.
So which is it? Does it work or not?

We also bought players like Soldado/Paulinho. For quite large transfer fees. Why can't we do all but on a bigger scale? Man Utd managed under Fergie.

danielneeds · Sep 12, 2014

Mullers said:
Verts is on 65 grand a week and we going to apparently give even more money, how much bigger should we go than that? Attract better players? Better players means higher transfer fees which in turn means coming away from our current model, if we do that, it is an admission that the current model doesn't work.

We can't afford a squad of 25 players averaging 100-150k a week, that is what the likes of Chelsea and United pay. It would be easy if another Roman or Mansour came along and swept us into his arms, but the chances are highly unlikely. The best thing for the club is to build the stadium, securing the future regardless of owner, build the brand around the world, and try to give a talent coach time to build an identity for the team on and off the pitch.

Lilbaz · Sep 12, 2014

Yorkville Spur said:
After seeing the kind of money Guggenheim threw at the LA Dodgers, I will not completely dismiss this rumor. I don't think they'd blink at a 1 billion pound valuation. If they do takeover the club, I'd expect them to throw as much cash at players as they are able which has been their MO for their baseball team. I would still prefer ENIC's stewardship, though, as while Guggenheim have proven they are not afraid to throw cash around, I'm wary of their inexperience in sports, in football and in England where it's been hard enough for a guy like Levy to maneuver through the bureaucracy and local politics.

Anyway, this would not be a Glazer situation as these guys would not have to finance a purchase of the club. They've got plenty of money to just buy it outright. This would be much more FSG than Glazer.

Why would they risk their own money if they didn't have to? As Sugar said, you don't become a billionaire by taking unnecessary risks.

Lilbaz · Sep 12, 2014

haydsmith said:
Too many fans have bought into an attitude that 'we can't compete' with x, y and z. I don't know where it came from but it's wrong. Tottenham has all the attributes to be a major power on the world stage. It's only money that's stopping that happening. People can dislike the levels of finance in football these days but it's a fact of life. You either get with it and compete or don't but if you don't you won't compete. Don't know what a new regime would do but I do know Tottenham can be much, much bigger than it is currently able to be.

With FFP, even with a billionaire sugar daddy it will be difficult.

Yorkville Spur · Sep 12, 2014

Lilbaz said:
Why would they risk their own money if they didn't have to? As Sugar said, you don't become a billionaire by taking unnecessary risks.

I'm just telling you their history. These guys aren't the Glazers. As for why they wouldn't risk their own money? Well, they wouldn't be. Guggenheim has access to a massive pool of investment cash from an insurance company and they've decided sports teams are a conservative way to invest that cash (or they are wankers using other people's money to live a dream life in sports--your call on that). You're free to be paranoid about them but this wouldn't be a leveraged buy out. It's not how they operate.

Lilbaz · Sep 12, 2014

Yorkville Spur said:
I'm just telling you their history. These guys aren't the Glazers. As for why they wouldn't risk their own money? Well, they wouldn't be. Guggenheim has access to a massive pool of investment cash from an insurance company and they've decided sports teams are a conservative way to invest that cash (or they are wankers using other people's money to live a dream life in sports--your call on that). You're free to be paranoid about them but this wouldn't be a leveraged buy out. It's not how they operate.

Don't think you can leverage the club anymore anyway. Think it was brought in under FFP, that any money the club borrows has to be covered by the owners.

Mullers · Sep 12, 2014

Lilbaz said:
We also bought players like Soldado/Paulinho. For quite large transfer fees. Why can't we do all but on a bigger scale? Man Utd managed under Fergie.

Because that is not our model, we only bought Soldado and Paulinho because of the Bale money if we want do that on a bigger scale it is coming away from our model, thus it is an admitance that the current model does not work.

So I ask again, does our model work or doesn't it?

Francis Gibbs · Sep 12, 2014

Mullers said:
Two top four finishes but only one of those really matters because the second time round we didn't qualify for the CL.
FAIL
League cup final against Blackburn Rovers, we lost.
FAIL
League cup final against Man Utd, we lost.
FAIL
FA cup semi final vs Arsenal, we lost.
FAIL
FA cup semi final vs Portsmouth, we lost.
FAIL
Last season out performed by Everton who have also qualified for Europe a number of times and finished in the top 8 more than we have.
FAIL.

So like I said thank you ENIC for the one league cup win, which matches Swansea, Birmingham City, Blackburn Rovers and Middlesborough and the one champions league qualification which matches Everton.

Ultimately it is a pathetic return after 14 years in charge, if Wenger is a specialist in failure then by that logic Levy must be the God Almighty of failure.

just the fact we are not currently considered a serious top 4 contender after 14 yrs is unfortunately enough of a damming indictment as is needed of Levys reign

yankspurs · Sep 12, 2014

Lilbaz said:
Why would they risk their own money if they didn't have to? As Sugar said, you don't become a billionaire by taking unnecessary risks.

Guggenheim knows what they are doing. They have money, and a whooooooooooole lot of it! Were is discussions to buy AEG for 8-10bill before it was taken off the market. Were in talks about the Clippers. Not only did they buy the Dodgers for 2.15bill, the agreed a new tv deal for the team, worth around 8 billion i think.

Mullers · Sep 12, 2014

SteveH said:
Ronaldo wants £300k* pw.
Now I'm not saying a new stadium will allow Spurs to pay these figures*, but it moves Spurs in the right direction even if its 15 years too late.

If you want us to pay bigger fees for players then does that mean you would support rich owners taking over who could heavily invest in the team?

Lilbaz · Sep 12, 2014

yankspurs said:
Guggenheim knows what they are doing. They have money, and a whooooooooooole lot of it! Were is discussions to buy AEG for 8-10bill before it was taken off the market. Were in talks about the Clippers. Not only did they buy the Dodgers for 2.15bill, the agreed a new tv deal for the team, worth around 8 billion i think.

Do you think they would be good? Not that bothered but only if Levy is kept on board.

Mullers · Sep 12, 2014

Francis Gibbs said:
just the fact we are not currently considered a serious top 4 contender after 14 yrs is unfortunately enough of a damming indictment as is needed of Levys reign

There is a real possibility that we won't even qualify for the Europa cup this season.

Lilbaz · Sep 12, 2014

Mullers said:
If you want us to pay bigger fees for players then does that mean you would support rich owners taking over who could heavily invest in the team?

Yes but would like to see Levy kept.

Yorkville Spur · Sep 12, 2014

Francis Gibbs said:
just the fact we are not currently considered a serious top 4 contender after 14 yrs is unfortunately enough of a damming indictment as is needed of Levys reign

14 years ago Chelsea and Man City didn't have access to endless cash. If they had remained "normal" clubs Spurs would be regular Champions League qualifiers and Wenger wouldn't be calling 4th place a trophy. It was a tough break for us but that's how it goes. Even so, the club is a lot stronger now than when I started following them 10 years ago. (It's been 10 years? Holy crap time flies when you're suffering!)

Lilbaz · Sep 12, 2014

Mullers said:
There is a real possibility that we won't even qualify for the Europa cup this season.

There's that possibility every season. There's even a possibility we could qualify for the Champions League.

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