Asia Trophy Match Thread

[gibbs131]

For the record, good performance, totally dominated them. Looked a bit toothless in the final third, we are desperate for another creative head in midfield.

I really hope GDS is given another chance by Redknapp. Because if we have to rely on the ponderous Ohara & Hudd, the eratic Lennon, the wayward passing of Hammersmith or the reluctance of Jenas we are going to keep dominating games without creating a shitload of quality chances just like last season.

Would have loved a Joe Cole, Benayoun type this summer for Modric to play with.

I disagree. Creation is not the problem. Miss communicating Strikers is our problem.

Joe Cole and Benayoun? Like we need another short, skillful creative player? Seriously?

We need a destroyer up front. In fact I would rip it up and start again up front. Unlikely since we signed most of them this year. But gat dayam what a bunch of individuals we have up front.

 

[BringBack_leGin]

Oh so now you changed your tune!!!?? (cough..google..cough) What?

So Spurs bank balance and share price DIRECTLY benefits Levy. erm, Spurs share price (I said nothing about bank balance) does of course, but that has far more to do with the clubs footballing success and reputation than it has to do with asset value on a balance sheet, which is the only thing player sales will affect.

See, you learn. You LEARN when you speak to ole Gibbsy. Oh I've learnt a few things alright :wink:

I looooved your "the better the team does on the pitch, the higher share value". Erm..

So Spurs fail to get where the real money is, CL. And Spurs don't do well overall "in a footballing sense" even when we had Berbs and Keane. Even with Carrick we missed out on CL. We do fairly well, better than most. Champions League is the dream but there's a lot more to football outside of it.

So..so little one. Is there ANY other way to make the club money when we fail on the pitch? Hmmm. Selling your best players! YES!!! Why didn't I think of that? Little one? O... K :roll:. The club making money, as I said, has nothing to do with Levy making money, take it from someone who actually understands and learns about public companies as part of his prospective career as a corporate solicitor. Besides, the club selling a player is not going to affect share value, because if you sell a player who is worth £20m, you may have £20m more in the bank, but you have lost a fixed asset worth £20m, therefore the balance sheet will remain the same and as such, the asset value of the club remains the same.

Small side effect that you can no longer do as well on the pitch to make money, so lets hope Modric does well in the WC eh? Cha ching!!!

I hope that any repost you provide is as polite and respectful as this one

 

[gibbs131]

I hope that any repost you provide is as polite and respectful as this one

Direct quotes, by you, in separate posts in this thread alone:


"Are you in your mid teens?"



"You really are such a cretin."



"Are you really this stupid? Mind you, how can I expect any better from somebody who starts a message with 'lol'"



"You know how they say that if you ignore an attention seeking child he'll get bored and leave you alone? Just saying"


As for you being so clued up on Levy s business interests and role:

"You do realise that Levy doesn't see a penny of any money we receive right? He will have a set salary as a director (note, not an employee), and any other income he receives from the club will be from share dividends if he in fact has any shares in Spurs (Enic have share's, I know not if he does)."


You said that yesterday. Then a little later, all of a sudden you know the ins and outs of his role at the club and his shares. haha

This is from a man who actually knows what is going on:


"ENIC International, a company incorporated in the Commonwealth of the Bahamas, is ultimately
owned by the family interests of Joseph Lewis as to 70.6 per cent. and the family interests of Daniel
Levy as to 29.4 per cent. ENIC International was incorporated on 29 December 2000 and has never
traded. Its sole function is as a holding company of ENIC and to hold shares in Tottenham Hotspur.
ENIC International holds 82% of the fully diluted share capital of THFC PLC thus Lewis owns 57.89% of THFC PLC and Levy owns 24.1% of THFC PLC.
Levy's funding of the purchase of the shares came from his own money."


His
Own
Money




So. I know. Once again, you are painfully, publicly owned by ole Gibbsy. I did especially love your little act/plea for decorum.

 

[PT]

If we sell a player for £20m though, firstly it's unlikely that we get the full whack up front these days. There are clauses galore that kick in as the player's contract develops.

Secondly, that player's value (or price tag, more accurately) is depreciated or written down over the term of the player's contract. It may be that in his third season with the Club, that his asset value is negligable, thus creating a real profit if sold in excess of this "stand-in" value.

 

[BringBack_leGin]

Direct quotes, by you, in separate posts in this thread alone:


"Are you in your mid teens?"



"You really are such a cretin."



"Are you really this stupid? Mind you, how can I expect any better from somebody who starts a message with 'lol'"



"You know how they say that if you ignore an attention seeking child he'll get bored and leave you alone? Just saying"


As for you being so clued up on Levy s business interests and role:

"You do realise that Levy doesn't see a penny of any money we receive right? He will have a set salary as a director (note, not an employee), and any other income he receives from the club will be from share dividends if he in fact has any shares in Spurs (Enic have share's, I know not if he does)."


You said that yesterday. Then a little later, all of a sudden you know the ins and outs of his shares. haha

This is from a man who actually knows what is going on:


"ENIC International, a company incorporated in the Commonwealth of the Bahamas, is ultimately
owned by the family interests of Joseph Lewis as to 70.6 per cent. and the family interests of Daniel
Levy as to 29.4 per cent. ENIC International was incorporated on 29 December 2000 and has never
traded. Its sole function is as a holding company of ENIC and to hold shares in Tottenham Hotspur.
ENIC International holds 82% of the fully diluted share capital of THFC PLC thus Lewis owns 57.89% of THFC PLC and Levy owns 24.1% of THFC PLC.
Levy's funding of the purchase of the shares came from his own money."


His
Own
Money




So. I know. Once again, you are painfully, publicly owned by ole Gibbsy. I did especially love your little act/plea for decorum.

I didn't say I knew the ins and outs of his share dealings, I said I know the ins and outs of how shares in a public company work, which I do, whether or not you want to believe it. As you already highlighted, I openly stated that I was unsure as to whether Levy personally had shares in Spurs.

As for owning a percentage of Spurs, that piece of information is not quite correct. Could you provice a source for it?

Levy, ENIC and Spurs are seperate leval persons. Therefore, Levy owning x% of ENIC, who in turn own y% of Spurs does not mean that Levy owns xy% of Spurs, it doesn't work like that, there are legislative restrictions in place to prevent that situation because it could open the door to market abuse as well as fiduciary abuse.

If Spurs pay out a dividend, with ENIC receiving 82% of the proceeds on the basis of what you said, while there is the possibility that ENIC might put that towards a dividend themselves, meaning Levy would receive moeny, there is also the possibility that the money could go elsewhere. employees salaries, expansion, marketing, a buy out of another company, etc etc etc.

Oh, and as I already stated, the question about you being in your mid teens was not a put down, it was a genuine question because it seemed to me that you displayed a lack of understanding about our reasons for doing certain things a certain way, and therefore might not be old enough to remember certain pains.

The other comments were inflammatory admittedly, hence why I tried to heighten the tone of the conversation and not let myself continue making petty remarks.

Anyway, I tried to turn the conversation into something polite and productive, but you continue to be aggressive and you continue to misinterpret (perhaps deliberately) everything, so there's nothing I can really do. As for 'owning me', if you really want to believe that, if you really think anybody on this site see's it that way, then I'm very happy for you to. Whatever makes you happy, you clearly need to have some kind of victory. I wasn't actually aware that there was any kind of competition, but fair enough, you win whatever it is you believe was at stake. :grin:

 

[BringBack_leGin]

If we sell a player for £20m though, firstly it's unlikely that we get the full whack up front these days. There are clauses galore that kick in as the player's contract develops.

Yes, but the debt owed is still an asset on the balance sheet.

Secondly, that player's value (or price tag, more accurately) is depreciated or written down over the term of the player's contract. It may be that in his third season with the Club, that his asset value is negligable, thus creating a real profit if sold in excess of this "stand-in" value.

Again true, which is why a Balance sheet is always 'as of (insert date here)'.

 

[gibbs131]

If we sell a player for £20m though, firstly it's unlikely that we get the full whack up front these days. There are clauses galore that kick in as the player's contract develops.

Secondly, that player's value (or price tag, more accurately) is depreciated or written down over the term of the player's contract. It may be that in his third season with the Club, that his asset value is negligable, thus creating a real profit if sold in excess of this "stand-in" value.

:hump:

Berbs and Keane simply put, were sell by date transfers fueled by lack of CL footah. And I am sure the huge transfer fees and the wages they were both on at Spurs wasn't the main factor why they left. It was because it was Keanes boyhood team right? And Berbs is sulking yeah?

Carrick was downright mercenary.

A transfer fee, regardless how it is raked in, effects the share price. Money rarely touches the ground in clubs like ours. As soon as it does, Levy will be off.

I don't pretend to be an expert in these matters like Bringback Le Gin. But I know if you sell your best players, you are not in it to win it. What he is doing is trying to make us look ATTRACTIVE to prospective buyers.


Look we splashed the cash on Ramos. (Scratch that)

Look we have a state of the art training facility on the horizon (scratch that)

Look we have a private jet! (scratch that)

Look we are top 4 (scratch that..wuick...sell Berbs and Keane)

Look we have loads a money! (scratch that after trying to buy our way out of relegation)

Look we invested heavily in youth, the future is bright! (scratch that)

Look we have a new stadium on the horizon (scratch that?) to be continued....

They are tarting up Spurs to sell, but Levy keeps tripping up.

 

[BringBack_leGin]

Did I claim to be an expert? No. I am someone who has spent the past year immersing himself in it so as I can become competent enough to be paid to give legal advise on it. I have even had my text books out while producing the statements I've made to make sure I don't misconstrue the situation.

Here's something for you... money coming in (the increase in that asset) affects the the share value as positively as loss of a player (a decrease in that asset) affects the share value negatively.

I don't quite know why I've regurgitated all of this to tell you the truth, I've been doing enough of that for my education. All I wanted to argue is that Levy's actions for us are in no way driven by greed, but to tell you the truth, I'm not sure why I've been so intent on arguing that because the majority of people will not make this claim, and I don't really care what you think. I've wasted a lot of time that could've been better spent.

 

[Kendall]

Did someone just sell their best player recently? can't think who it was... ummm oh yeah MANCHESTER UNITED. Why was that? was it because the Glazers are greedy? was it because they're not in it to win it? was it because they're small time? or was it because the player wanted to go?

hmmmm

We could not have kept Berbatov and Keane, Carrick wanted to go too, they wanted (and deserved) Champions League football.

 

[milkman]

What time do we play Hull in the final on Friday?

 

[BringBack_leGin]

Did someone just sell their best player recently? can't think who it was... ummm oh yeah MANCHESTER UNITED. Why was that? was it because the Glazers are greedy? was it because they're not in it to win it? was it because they're small time? or was it because the player wanted to go?

hmmmm

We could not have kept Berbatov and Keane, Carrick wanted to go too, they wanted (and deserved) Champions League football.

You have just made my point far better than I have managed to with all the the text book jargon and law school meanderings I could muster.

Repped!

 

[gibbs131]

Did someone just sell their best player recently? can't think who it was... ummm oh yeah MANCHESTER UNITED. Why was that? was it because the Glazers are greedy? was it because they're not in it to win it? was it because they're small time? or was it because the player wanted to go?

hmmmm

We could not have kept Berbatov and Keane, Carrick wanted to go too, they wanted (and deserved) Champions League football.

Yes they did. I already mentioned that.

Now tell me: Do you think they will do BETTER next year because they sold him?

 

[chrissivad]

What time do we play Hull in the final on Friday?

1:30 KO but not sure if its on SS1 or SS2

They said SS1 at the end of the last game but the Ashes are on SS1 and its listed as SS2

might be batter with a new thread for that game though...

 

[BringBack_leGin]

1:30 KO but not sure if its on SS1 or SS2

They said SS1 at the end of the last game but the Ashes are on SS1 and its listed as SS2

might be batter with a new thread for that game though...

sorry :-| I got wound up, didn't intend to ruin this thread. I apologise.

 

[Kendall]

Yes they did. I already mentioned that.

Now tell me: Do you think they will do BETTER next year because they sold him?

Not necessarily, but that's the risk you take. Even if you're a top club, if your players want to leave, generally all you can do is get the best deal for the club. Managers don't want to work with players who don't want to be there.

 

[gibbs131]

Not necessarily, but that's the risk you take. Even if you're a top club, if your players want to leave, generally all you can do is get the best deal for the club. Managers don't want to work with players who don't want to be there.

And did this risk work for Spurs?

 

[Kendall]

And did this risk work for Spurs?

Well, we finished higher this season than we did with Berbatov last time so.....

 

[Bobishism]

Look we've spent 100+ million in the past 4 years. (scratch gibbsys eyes out)

 

[BringBack_leGin]

Look we've spent 100+ million in the past 4 years. (scratch gibbsys eyes out)

In fact, we've spent that much in just the past 2 transfer windows before this one, though obviously that is gross not net.

 

[Bobishism]

Yeah, I should have distinguished between gross and net. Obviously gibbsy would not appreciate a net spend.