ENIC...
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JayB
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- Aug 24, 2011
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Abramovich was the opening of Pandora’s box. The City farce was just a continuation of what had already been happening for 15+ years by that point.
It takes extraordinary competence for any club operating “the right way” to compete against the financial doping. Liverpool under FSG are the only club to manage it consistently in recent years.
Nope.
For the love of Spurs
Well-Known Member
- Mar 28, 2015
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For good or bad don’t think this will happen. Qatar will offer a sum for 10% of the club valuing the total club at £4bn and Levy/ENIC will want the equivalent of £7-8bn.
mark87
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- Nov 29, 2004
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Potentially for some people but certainly not everyone.
Tyler24durden
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- Aug 31, 2012
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Hope they buy out Enic. I’d take their money in a heartbeat for us to seriously compete again. Maybe they could loan us Messi from psg! ?
Tucker
Shitehawk
- Jul 15, 2013
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Abramovich was just an individual with dirty money to squirrel away, disruptive yes, but not a bottomless pit.
The Sheikh who bought City (only 4 years after RA bought Chelsea btw not 15) did so with the sovereign wealth of his nation. That’s hugely different. City will never ever run out of money so long as they have the absolute ruler of a nation bankrolling them. Newcastle too now the Saudi’s are there.
These clubs aren’t being bankrolled by some distasteful rich guy. They are literally extensions of despotic regimes being used to launder their reputations and further their foreign policy aims. It’s soft political power and it’s a cancer that’s taking over the sport.
Truth is football is probably already dead. It’s probably been dead for a long time. But now there’s no way genuine clubs can compete. The Glazers and FSG can see the writing on the wall, they’re selling up while the stock is high. But in two or three years the premier league will be a two horse race between Newcastle and City. Sure the likes of United and Liverpool and maybe even Spurs will disrupt occasionally, but they’ll never sustain it in the face of unlimited budgets provided by countries and regimes desperate to cement their legitimacy.
Ghost Hardware
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- Aug 31, 2012
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Yeah I think you’re right. We hosted the potential investor at a match I think and I believe he visited the training ground as well.
Yiddo100
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- Jan 16, 2019
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I don’t think they’d be able to yet, they would have to sell psg first before becoming the majority share holder here
EastUpperDK82
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- Jan 16, 2022
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It's not only about money here... with Qatar, The Saudi's, China and so on... it's about human rights and politics...
I know football and politics shouldn't be compared. But it's inevitable here ... it's about what we stand for and believe in. Not only as fans... but as humans.
HodisGawd
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- Oct 3, 2005
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Only the feeble-minded. I like to think better of our supporters.
arunspurs
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- Aug 31, 2012
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Since we are talking about morality... Billionaires became billionaires because they compensated their morality to run their business.
ENIC owner, Joe Lewis all these years been tax exile in Bahamas. So have been other billionaires, compensated their morality in their own way.
Yes, human rights is different but human rights get trampled in other ways too.
I am not for or against QSI here....just saying, every Billionaire have their own demons. We are a football club trying to be relevant in top league. Levy is a businessman. If there is a deal to be done,it will be done.
And we will move on as fan supporting the new owners like every other club fans been-thats the reality
ENIC owner, Joe Lewis all these years been tax exile in Bahamas. So have been other billionaires, compensated their morality in their own way.
Yes, human rights is different but human rights get trampled in other ways too.
I am not for or against QSI here....just saying, every Billionaire have their own demons. We are a football club trying to be relevant in top league. Levy is a businessman. If there is a deal to be done,it will be done.
And we will move on as fan supporting the new owners like every other club fans been-thats the reality
JUSTINSIGNAL
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- Jul 10, 2008
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There will definitely be some mental gymnastics trying to justify it.
Saying that, I’m not keen on this investment at all.
inclineyid
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- Dec 5, 2006
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Do you mean compromised rather than compensated?
JayB
Well-Known Member
- Aug 24, 2011
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Abramovich was an oligarch within a kleptocratic regime who expropriated interests in the mineral wealth of the Russian nation, and put them toward a football club as a means of laundering his image globally. It wasn’t as dissimilar from other oil clubs as you’re suggesting.
Regardless, my point is that what really killed the game was allowing clubs’ footballing operations to be financed not by their own revenues, but by outside sources. The financial doping is what makes these clubs nearly impossible to compete with, regardless of whether it’s coming from a kleptocrat or an autocrat.
joelstinton14
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- Aug 23, 2011
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There’s a massive difference between placing your business in tax haven and executing 81 people on one day like Saudi Arabia did just last year.
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