Cain Hoy say 'No'.

weststandvoice · Sep 12, 2014

LexingtonSpurs said:
I wonder if Levy will look to become an investor with Cain Hoy, and maintain his position with the club, in the event of an actual offer, or if he will simply cash out also.

Or maybe he will take the opportunity to piss off and annoy someone else at 11pm twice a year?

Dirty Ewok · Sep 12, 2014

MillerT said:
http://en.wikipedia.org/wiki/History_of_the_Los_Angeles_Dodgers#Free_spending_under_Guggenheim

If it is indeed the Guggenheim group then i wouldn't be overly distraught, look how much money they've ploughed into the LA Dodgers..

The Guggenheim group are eye-wateringly, astoundingly flush with money...

Cain Hoy looks a bit like it is going to be a separate entity set up specifically to purchase and run Spurs.

Cain Hoy was launched with the support of—and a minority investment from—Guggenheim Capital, the parent company of Guggenheim Partners, the global investment and securities firm. Founders include Todd Boehly, who is President of Guggenheim Capital, Henry Silverman and Jonathan Goldstein. Messrs. Silverman and Goldstein previously were executives at Guggenheim.

Click to expand...

Even the name Cain Hoy plays into the namesake of the Guggenheim Group as the "Cain Hoy Stables" were Harry Guggenheim's thoroughbred horse racing stables that ended up earning the family a boat load of cash in it's hay day.

These guys have literally more money than any of us could probably accurately conceive of......

Chris Rock once put it as this:

"Shaq is rich," he said, referring to the Los Angeles Lakers' Shaquille O'Neal, "but the white man who signs his check is wealthy. Oprah is rich, but Bill Gates is wealthy. If Bill Gates suddenly woke up with Oprah's money, he'd slit his throat."

These guys are WEALTHY and they are smart, they know how to invest and get returns and they absolutely have the capital to really make things interesting.

spurs mental · Sep 12, 2014

talkshowhost86 said:
Not really sure how it would speed up the stadium process.

cornelius knob said:
They may be prepared to make archway a more agreeable offer.

This.

And also the fact that the money may be more readily available for it to be built?

Mustard · Sep 12, 2014

I've been to 3 Guggenheim museums around the world.

I'm not saying I'm directly responsible for this interest but it must mean something. Doesn't it.

talkshowhost86 · Sep 12, 2014

cornelius knob said:
They may be prepared to make archway a more agreeable offer.

I suspect they wouldn't.

THFCSPURS19 · Sep 12, 2014

Silverman is apparently involved with Apollo Global Management, who have $159.3billion in assets on their own...

Spurger King · Sep 12, 2014

Dirty Ewok said:
The Guggenheim group are eye-wateringly, astoundingly flush with money...

Cain Hoy looks a bit like it is going to be a separate entity set up specifically to purchase and run Spurs.

Even the name Cain Hoy plays into the namesake of the Guggenheim Group as the "Cain Hoy Stables" were Harry Guggenheim's thoroughbred horse racing stables that ended up earning the family a boat load of cash in it's hay day.

These guys have literally more money than any of us could probably accurately conceive of......

Chris Rock once put it as this:

These guys are WEALTHY and they are smart, they know how to invest and get returns and they absolutely have the capital to really make things interesting.

Blatantly going to end up taking over someone like Wigan and catapulting them to global dominance.

In all honesty I'm leaning more and more towards the 'if you can't beat them, join them' attitude. And we certainly can't beat 'them' unless we get richer, or the rich clubs get poorer.

It's simply the way football is these days. After the misery of last season I'm sure I could cope with the pangs of guilt about buying success as we smash the living shit out of Chelsea and the gooners.

Of course it will never happen though, and we'll have to congratulate ourselves for supporting a team 'doing it the right way' as we go another 25 years without winning a major trophy.

dagraham · Sep 12, 2014

THFCSPURS19 said:
Silverman is apparently involved with Apollo Global Management, who have $159.3billion in assets on their own...

Pfft..... Is that all?

Mustard · Sep 12, 2014

davidmatzdorf said:
The article is absolute horseshit. Read it carefully and there is no content there, just a name and some ungrounded conclusions.

The Telegraph wrote it before the club issued a formal denial and then, rather than retracting it, they tagged the first line on top, without even bothering to change (i.e., correct) the article.

The club is speaking to multiple potential sources of lending, including, in all probability, equity investors, for the stadium. That has nothing whatsoever to do with a 'takeover'; it is inward investment to make the stadium viable with the lowest possible financing costs. Businesses seeking to expand speak to equity investors and lenders all the time. That doesn't mean that they are imminently going to sell the business. It just means that they are trying to raise money for the expansion project, in this case the NDP.

Having invested an 8-figure sum in the stadium, the first obvious time for ENIC to sell up was when we obtained planning consent, because that added the maximum value to the asset for the minimum investment.

Having invested a second 8-figure sum to proceed through the detailed design, obtain finance and get phase 1 built, the second obvious time to sell up will be when the stadium has been completed.

Not now, because they have invested more money without adding further value yet.

You sure about this Dave?

Bobbins · 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

No, it's a damning indictment of clubs like Chelsea and City being bought by a criminal and some Arabs before FFP came in.

How many times does it have to be said that if it wasn't for those two receiving free power-ups, we'd have been a top 4 fixture for years along with United, Arsenal and Liverpool?

They won the lottery, and there's nothing we could've or can do about it.

THFCSPURS19 · Sep 12, 2014

Marc @MarcAron18 · 3h
Cain Hoy's 3 major members are hedge fund titans in the US. They have no need to drum up publicity by creating false stories.
Marc @MarcAron18 · 3h
Guggenheim which some of them were affiliated with was part of the Dodgers consortium and apparently Goldstein in a massive Spurs fan
Marc @MarcAron18 · 3h
Goldstein was the head of Guggenheim's European investment division. It is not just an American company..it has serious Euro & UK ties
Marc @MarcAron18 · 3h
What we have is a massive Spurs fan with business associates that are among the largest hedge fund managers in the world interested in Spurs
Marc @MarcAron18 · 3h
FWIW, I can't remember any US sports franchises w/ these type of rumors that led to nothing. Americans dont play business in the media much

Lyall Thomas @LyallThomas · 3h
My understanding is that Cain Hoy are very serious about buying #Tottenham and are backed by £billions. Their head of European investing 1/2
Lyall Thomas @LyallThomas · 3h
Jonathan Goldstein is a massive #Tottenham fan and a season ticket holder #THFC Cain Hoy optimistic of a deal being agreed. Hence stmt 2/2

Pipecock Jackson ‏@pipecocksenior 2h
@LyallThomas story seems to b gaining momentum but do these people have the financial muscle of an abromovic or a sheik mansoor???
Lyall Thomas‏@LyallThomas
@pipecocksenior 'backed by billions' is all I know at this stage,

Greg Stobart ‏@gstobart 4h
Great job from Cain Hoy's PR agency to get so much exposure for company only formed yesterday. Let's see if they are serious about #THFC bid
Lyall Thomas‏@LyallThomas
@gstobart They've been sounding our shareholders since last year. As far as I'm aware they are deadly serious about buying the club.

DCSpurs · Sep 12, 2014

JUSTINSIGNAL said:
Everyone is just ignoring the fact that FFP means we can't just be bought and hundreds of millions spent to buy us the title.

If by everyone, you're including UEFA then you would be correct:

Uefa ‘rewrites the rules’ to allow Manchester City to dodge FFP sanctions
http://www.independent.co.uk/sport/...llow-city-to-dodge-ffp-sanctions-9725033.html

ShaunL84 · Sep 12, 2014

What are the chances of them bringing Bale home?

In terms of a percentage

THFCSPURS19 · Sep 12, 2014

ShaunL84 said:
What are the chances of them bringing Bale home?

In terms of a percentage

0.66%

Recurring of course.

beats1 · Sep 12, 2014

DCSpurs said:
If by everyone, you're including UEFA then you would be correct:

Uefa ‘rewrites the rules’ to allow Manchester City to dodge FFP sanctions
http://www.independent.co.uk/sport/...llow-city-to-dodge-ffp-sanctions-9725033.html

Who gives a shit if they don't have to have 4 club trained players, its not that big of a deal

Dirty Ewok · Sep 12, 2014

Spurger King said:
Blatantly going to end up taking over someone like Wigan and catapulting them to global dominance.

In all honesty I'm leaning more and more towards the 'if you can't beat them, join them' attitude. And we certainly can't beat 'them' unless we get richer, or the rich clubs get poorer.

It's simply the way football is these days. After the misery of last season I'm sure I could cope with the pangs of guilt about buying success as we smash the living shit out of Chelsea and the gooners.

Of course it will never happen though, and we'll have to congratulate ourselves for supporting a team 'doing it the right way' as we go another 25 years without winning a major trophy.

Thing is....these guys are not really the type to do something in any other manner than full out.

I imagine one of the appealing things to a group like Cain Hoy is the fact that we have succeeded on a budget, means to investors like them that "small investment" could reap "big rewards". They have affiliations with Apollo Global Management and Guggenheim Capital which each represent somewhere between £140 - £200 Billion in investment capital.

Now it is very unlikely that they would come in and suddenly we would go buy Falcao, but if a group like CH were to come in they are far more likely to look at where Spurs have finished and sign off on a big money signing if they believed it would result in CL qualification.

Realistically odds are a group like CH take over and very little changes in how we are run but it could offer us the opportunity to make strategic moves to make a jump if necessary. Which is really what we need....strategic cash infusion to lift the club up a couple spots and keep us there.

Bobbins · Sep 12, 2014

Bus-Conductor said:
This is the most ridiculously over simplified argument Mullers and I can't believe you really think in such black and white terms of reference.

Surely you appreciate that our ability to compete financially has some bearing and when contextualised our success has bee largely par with our financial capacity ?

Surely you also appreciate that if our chairman delivers a squad that contains Modric, VDV, Bale, Adebayor it may not actually be entirely his fault if the manager fails to deliver CL football or a trophy.

It may also not be his financial or footballing wherewithal to bring a manager here who would guarantee to achieve better with the resources Levy has at his disposal.

And finally, which ownership regime ever in the history of Spurs, and some of those had much better financial conditions vis a vis the their piers, have achieved better consistency of results?

In other words, you seem to be measuring Levy's tenure against other chairman who have significantly more resources and still coming to the rather odd conclusion that he is failing, where on a few occasions he has bettered them and for much of the last few seasons at least competed quite closely. And even over the course of Spurs history his tenure compares pretty favourably in terms of consistency with most other regimes over a pretty long duration doesn't it ?

Absolutely none of this will get past the tin-foil hat, I'm afraid.

Gb160 said:
When can u start?

More importantly when can we get rid of the role's current incumbent?

Mullers said:
Don't shoot the messenger, the truth is depressing but it's not me that is responsible for one trophy and one CL qualification in 14 years, it's not my fault Everton over took us last season, I'm just giving the facts.

That's the absolute last area you ever deal in. They get thrown at you post after post and you joyfully refute them all saying they can't be true because they don't fit your agenda.

Unless by 'facts' you mean 'stuff Mullers makes up to suit his point' of course. In which case you're 100% right.

Carry on.

Bobbins · Sep 12, 2014

THFCSPURS19 said:
0.66%

Recurring of course.

Leerooooooooy!

tom4s · Sep 12, 2014

I getting more positive towards a Cain Hoy takeover the more i hear about these guys.

Nine while nine · Sep 12, 2014

So I come home from work and it's all about Cain Hoy wanting to take over Spurs.

Well, it's a 'No' from me.

I've still not forgiven him for that goal he disallowed against Stoke and I'm off to Twitter to let him know that... :cautious:

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