whitestreak
SC Supporter
- Dec 8, 2006
- 833
- 3,417
When ENIC bought us from Sugar, we were nowhere and stuck.
Bearing that in mind Now we are IMHO the best run club in Europe, in terms of finances, has anyone stopped to think that just maybe, Joe Lewis, who happens to be our owner and one of the most consistently successful currency traders in the world has probably made money out of the stadium build rather than lost it, due to Brexit?
In other words forget for the moment the much misquoted rise in cost of building the project from 400 to 800m
That number if it exists, includes local authority and london transport infrastructure spend.
Joe Lewis and Tavistock have built many large projects around the world, FYI
http://www.tavistock.com/portfolio/
so you can take it as read, that their side of any project will NOT overrun on costs.
Next what would have happened if one of the worlds shrewdest currency traders got Brexit right, not wrong in terms of currency movements and planned for it?
In other words take the example of his football business where we must have one of the if not the lowest net spend of any top team in europe, it is obvious that the industry norms do not apply. That does not happen by accident.
Take that example and apply it to the business where our owner, made his fortune, and then say he does not manage his project at least as well as he runs his football team?
My guess is that he would do it a lot better, than anyone else in the world, after all this is now his core business, ie making money based on exchange rate fluctuations and managing risk, when managing, say a 400m pot.
My take is that Tavistock (Lewis) has already traded that 400m and made anything between a 200-400m profit (tax free in the bahamas over the time it will have taken to plan budget and build this stadium.
Furthermore the increase in revenue for higher league places, CL and EPL and increased tv money, will have further underpinned this project.
Any outside investment will be surplus profit, so naming rights NFL etc will be "bunce".
These guys are far too smart to make the same mistakes arsenal did.
We wont have a lot of lean years...?
Many people myself included have and will bitch and moan at the lack of ambition in any given window at the lack of that last couple of transfers ......that percieved lack of ambition....but look at the direction the club has headed in over the last 7 years and it is hard not to acknowledge the fact that we have been 2nd in the epl for a large part of the last 2 seasons. In spite of the limited resources we appear to have
What no one can say is that our financial performance has been anything short of miraculous and astonishing. It is this Business management where we are actually world class, off the pitch.
They saw what happened to arsenal they will not let that happen to us. People do not realise how rich we are!
we will make Man U look insignificant.
In the meantime we can rest assured, that there will be a transfer pot for the right players
This team effort applies as much to the running of the club off the pitch as it does on, Daniel Levy as Ferguson once said "Hes something different" we all know how tough and hard he is on transfers especially when dealing with transfers in the 10 -30m range, and the 100m € he got for Bale at the time was a robbery.
Stop................... think about that for minute.............. think how hard he must have been when negotiating a 400m contract and .......... in a double act with Joe Lewis!
I reckon we are a much tougher team of the pitch than we are on it, and that these days .........is saying something.
If my theory is right, within a couple of years we will be in the top 5 most valuable clubs in the world, with a team challenging for titles on every front, a world class training facility, a stadium bought and paid for with zero debt,
The reason that all this is important is that obviously the stadium is being built by the management off the pitch, and if they had a champions league for that ..................we would win it every year
Finally the our owners might get the recognition they deserve as this model is truly sustainable unlike chelsea and Man City
you never know the fans might start singing ..."We got Levy.......... Daniel ..........Daniel Levy"
Believe it or not in a way ..................... he is more important ON the pitch than Dele Ali
i reckon that Poch and his team must know this which is why they all want to be a part of it
We are the most exciting project in europe if not the world. Poch was the last piece in a complicated jigsaw.
He has a chance to be our Fergie and he knows it... whilst PSG may be tempting, I doubt he will go anywhere
Come on you spurs
Bearing that in mind Now we are IMHO the best run club in Europe, in terms of finances, has anyone stopped to think that just maybe, Joe Lewis, who happens to be our owner and one of the most consistently successful currency traders in the world has probably made money out of the stadium build rather than lost it, due to Brexit?
In other words forget for the moment the much misquoted rise in cost of building the project from 400 to 800m
That number if it exists, includes local authority and london transport infrastructure spend.
Joe Lewis and Tavistock have built many large projects around the world, FYI
http://www.tavistock.com/portfolio/
so you can take it as read, that their side of any project will NOT overrun on costs.
Next what would have happened if one of the worlds shrewdest currency traders got Brexit right, not wrong in terms of currency movements and planned for it?
In other words take the example of his football business where we must have one of the if not the lowest net spend of any top team in europe, it is obvious that the industry norms do not apply. That does not happen by accident.
Take that example and apply it to the business where our owner, made his fortune, and then say he does not manage his project at least as well as he runs his football team?
My guess is that he would do it a lot better, than anyone else in the world, after all this is now his core business, ie making money based on exchange rate fluctuations and managing risk, when managing, say a 400m pot.
My take is that Tavistock (Lewis) has already traded that 400m and made anything between a 200-400m profit (tax free in the bahamas over the time it will have taken to plan budget and build this stadium.
Furthermore the increase in revenue for higher league places, CL and EPL and increased tv money, will have further underpinned this project.
Any outside investment will be surplus profit, so naming rights NFL etc will be "bunce".
These guys are far too smart to make the same mistakes arsenal did.
We wont have a lot of lean years...?
Many people myself included have and will bitch and moan at the lack of ambition in any given window at the lack of that last couple of transfers ......that percieved lack of ambition....but look at the direction the club has headed in over the last 7 years and it is hard not to acknowledge the fact that we have been 2nd in the epl for a large part of the last 2 seasons. In spite of the limited resources we appear to have
What no one can say is that our financial performance has been anything short of miraculous and astonishing. It is this Business management where we are actually world class, off the pitch.
They saw what happened to arsenal they will not let that happen to us. People do not realise how rich we are!
we will make Man U look insignificant.
In the meantime we can rest assured, that there will be a transfer pot for the right players
This team effort applies as much to the running of the club off the pitch as it does on, Daniel Levy as Ferguson once said "Hes something different" we all know how tough and hard he is on transfers especially when dealing with transfers in the 10 -30m range, and the 100m € he got for Bale at the time was a robbery.
Stop................... think about that for minute.............. think how hard he must have been when negotiating a 400m contract and .......... in a double act with Joe Lewis!
I reckon we are a much tougher team of the pitch than we are on it, and that these days .........is saying something.
If my theory is right, within a couple of years we will be in the top 5 most valuable clubs in the world, with a team challenging for titles on every front, a world class training facility, a stadium bought and paid for with zero debt,
The reason that all this is important is that obviously the stadium is being built by the management off the pitch, and if they had a champions league for that ..................we would win it every year
Finally the our owners might get the recognition they deserve as this model is truly sustainable unlike chelsea and Man City
you never know the fans might start singing ..."We got Levy.......... Daniel ..........Daniel Levy"
Believe it or not in a way ..................... he is more important ON the pitch than Dele Ali
i reckon that Poch and his team must know this which is why they all want to be a part of it
We are the most exciting project in europe if not the world. Poch was the last piece in a complicated jigsaw.
He has a chance to be our Fergie and he knows it... whilst PSG may be tempting, I doubt he will go anywhere
Come on you spurs
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