CheeseGromit
Well-Known Member
- Aug 22, 2013
- 747
- 584
Cain Hoy say 'No'.
- Thread starter THFCSPURS19
- Start date
absolute bobbins
Am Yisrael Chai
- Feb 12, 2013
- 11,656
- 25,971
Me being a better fan than you has nothing to do with me being English.
It has everything to do with me being a pragmatic, intelligent and long term fan. A lot of the fans (mainly from the UK and Ireland, let's be honest) know how shit we have been for a long, long time and know that without petrodollars (which we won't get) or investment fund money (which we don't want) then the only way to build a club is through investing in the bricks and mortar.
SpursSince1980
Well-Known Member
- Jan 23, 2011
- 4,754
- 14,485
wow this topic is all over the place! AVB! Uncle JOE! ENIC! Sherwood!! Don't even know where to respond to. I'll stick to the topic...
I think the assumption that the asking price was too high seems about right. And in turn, can see why some fans will be irked by this, as it feels like the club is being held hostage. But who's to say what type of supplemental investment Cain Hoy would have made. Right now, a lot of folks are mourning a memory that never was. A dream. That is all.
Time to move on. And if someone else comes alone who wants to meet the asking price, so be it.
I don't think this is greed on behalf of ENIC. I genuinely think that Daniel wants to see through the new stadium development. He truly believes that he has set the club on the right path to eventually be a top four perennial. Whether this is true or not, or we agree or not, remains to be seen.
The facts are plain to see though... under ENIC we have grown, and found a plateau as a top 5,6,7 team. And we've done so in a way that is financially sensible and smart. We haven't endangered our long term future, over short term gains. Yeah, it's super frustrating, but what can we do given the reality of our financial limitations?
Hate to be a defeatist, but after the frustration of being so close over the last three years, and therefore an elevation of expectation, I've come back down to earth. I will be trying my best now to simply enjoy the good days and be zen about the bad. Yeah, all easier said than done. But I suppose the truth is really sinking in for me now. We are who we are, and that will not change for the forseeable future. And I guess we all sorta know that... hence, some of us being enthusiastic about Cain, as they offered a glimpse of 'getting rich fast'... and then, the damn letdown.
I think the assumption that the asking price was too high seems about right. And in turn, can see why some fans will be irked by this, as it feels like the club is being held hostage. But who's to say what type of supplemental investment Cain Hoy would have made. Right now, a lot of folks are mourning a memory that never was. A dream. That is all.
Time to move on. And if someone else comes alone who wants to meet the asking price, so be it.
I don't think this is greed on behalf of ENIC. I genuinely think that Daniel wants to see through the new stadium development. He truly believes that he has set the club on the right path to eventually be a top four perennial. Whether this is true or not, or we agree or not, remains to be seen.
The facts are plain to see though... under ENIC we have grown, and found a plateau as a top 5,6,7 team. And we've done so in a way that is financially sensible and smart. We haven't endangered our long term future, over short term gains. Yeah, it's super frustrating, but what can we do given the reality of our financial limitations?
Hate to be a defeatist, but after the frustration of being so close over the last three years, and therefore an elevation of expectation, I've come back down to earth. I will be trying my best now to simply enjoy the good days and be zen about the bad. Yeah, all easier said than done. But I suppose the truth is really sinking in for me now. We are who we are, and that will not change for the forseeable future. And I guess we all sorta know that... hence, some of us being enthusiastic about Cain, as they offered a glimpse of 'getting rich fast'... and then, the damn letdown.
- Feb 1, 2005
- 55,620
- 205,316
- Admin
- #2,724
ENIC are an investment fund. They have been great stewards of the club, but we will need, as things stand, to spend more on players if we want to get the most out of the new ground that ENIC will doubtless build.
And thats exactly the thing!!!! Our owners are unwilling to spend a dime on the club. The way things are looking, if ENIC's thinking doesnt change, the gap is going to keep getting deeper and deeper between us and the top 4. We were top 5 for like 4 or 5 years straight. Now we are a top 7 club. And as the clubs above us continue to spend more and more money, and clubs behind us will be able to spend more, we will be left behind for 16 years until the stadium is paid off by the club without the help of ownership as they are unwilling to help the club. Arsenal took 5 years to pay off the stadium and be able to spend what they are currently because they were always in CL. It will take us at the very least double that time because we are rarely in CL, and when we actually did make it a few years ago, we failed to invest properly. Are fans seriously willing to wait 15+ years to be competitive again?!?!?!?!
Funny how for an investment company, ENIC doesnt invest in their most well known asset.
cornelius knob
Active Member
- Mar 9, 2013
- 301
- 512
Not quite sure. But all the other 19 premier league clubs spend more in real terms on transfers than us. Yet they don't all have uber rich owners.
Lilbaz
Just call me Baz
- Apr 1, 2005
- 41,363
- 74,893
They do. But we are trying to build a new stadium.
cliff jones
Well-Known Member
- Aug 31, 2012
- 4,116
- 6,709
I get where you're going with this but can't agree. First there are reports that uncle joe will sell for a billion, then they step up saying they can even at that price. Then there are reports headlined spurs takeover company in stunning islington sq development for example. All the articles point to where the new company's money comes from and who the big boys are. Clearly a stunt IMO
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Ghost Hardware
Well-Known Member
- Aug 31, 2012
- 18,405
- 63,415
God, even Wenger is saying we need to be bought up in order to move forward as a team... Dark times...
http://www.express.co.uk/sport/football/515647/Arsene-Wenger-Arsenal-Tottenham-London-derby
http://www.express.co.uk/sport/football/515647/Arsene-Wenger-Arsenal-Tottenham-London-derby
xtrac
Well-Known Member
- May 16, 2004
- 1,939
- 1,002
He has a point, all this nonsense that we are suddenly going to compete with the top 4 once the stadium is built by signing top players are blinded by the fact it could stagnate us for 5 to 10 years, especially without CL monies, hence why we need serios investment either by ENIC and additional investment companies or a buyout.
HW61
Well-Known Member
- Aug 31, 2012
- 682
- 3,634
Let's be clear here. CH were very serious. They are not messers in the slightest. Disturbingly heard over the weekend that Levy is even worse in practice than his own reputation suggests. They will not budge (at the moment) on an absurd price. Many suspected this but when you hear it from someone closer to the goings on it's a worry.
Up until and including the Harry days it is hard to trash ENIC compared to the Sugar days. But I am concerned that they are starting to hurt Spurs.
Up until and including the Harry days it is hard to trash ENIC compared to the Sugar days. But I am concerned that they are starting to hurt Spurs.
worcestersauce
"I'm no optimist I'm just a prisoner of hope
- Jan 23, 2006
- 26,966
- 45,256
Two weeks in and they've ducked out, I can't help wondering how much they really wanted to buy our club!
Oh well, as you were.
Oh well, as you were.
SteveH
BSoDL candidate for SW London
- Jul 21, 2003
- 8,642
- 9,313
"They were just pulling our chain" according to a couple of gossips from my old life.
davidmatzdorf
Front Page Gadfly
- Jun 7, 2004
- 18,106
- 45,030
When a football club quotes a plainly-daft transfer fee for a player, then fans on the internet go nuts and scoff: 'Henderson/Carroll/Suarez/Bale/whoever isn't worth half that, they must be mad'. Excluding the cases when the press have simply invented the figure, a very high asking price generally signifies that the club does not want to sell the player and is intentionally setting an unrealistic price to deter bids.
The same applies to a football club. The most likely reason why ENIC set such a high value on THFC is that they do not want to sell at this time. The most likely reason why they want to hang onto the club is that they have not yet added enough value to it. And the best way to add more value is to build out the stadium.
In that context, their valuation is not 'absurd', it's designed to do what it did, which is to deter offers and stifle interest from anyone who might be contemplating a takeover bid.
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parklane1
Well-Known Member
- May 4, 2012
- 4,390
- 4,054
Indeed, plenty of smoke but very little fire.
SteveH
BSoDL candidate for SW London
- Jul 21, 2003
- 8,642
- 9,313
I think they used one of these new danfangled fake cigarettes things! 'iPuffs' or something along those lines, dont ya know.
SteveH
BSoDL candidate for SW London
- Jul 21, 2003
- 8,642
- 9,313
Spot on
Fernandez has that vacant "why didn't I listen" look, more and more these days.
