Cain Hoy say 'No'.
- Thread starter THFCSPURS19
- Start date
Anyone who thinks we need to invest a massive amount of cash to close the gap with the top teams is mistaken. All it would take is maintaing the core of our quality within the current squad, and spending somewhere around 40-50 million pounds a year net in the transfer market to really challenge the top 4. Imagine if we had also signed Griezmann and Schneiderlin this summer, which with the type of money Cain Hoy would likely be investing, would be very realistic, and would not run us afoul of FFP in the least. Those type of high quality signings to plug holes in the first team can be enough to really push a club on.
Anyone who has seen the transformation of the Dodgers since the Guggenheim group took them over can tell you that this would be a very good thing for Tottenham if they brought the same fan friendly mentality to the club. Forget comparisons to the likes of Randy Lerner, who bought their clubs for a fraction of what any prospective THFC buyer would pay. If you spend 500 billion pounds on a football club, you're going to do whatever it takes to make that team successful on the pitch, too.
Anyone who has seen the transformation of the Dodgers since the Guggenheim group took them over can tell you that this would be a very good thing for Tottenham if they brought the same fan friendly mentality to the club. Forget comparisons to the likes of Randy Lerner, who bought their clubs for a fraction of what any prospective THFC buyer would pay. If you spend 500 billion pounds on a football club, you're going to do whatever it takes to make that team successful on the pitch, too.
Lilbaz
Just call me Baz
- Apr 1, 2005
- 41,363
- 74,893
I know Levy is a good negotiator, but even he might struggle to get that much. But if they do spend £500bn I would expect CL at the least.
JerryGarcia
Dark star crashes...
- May 18, 2006
- 8,694
- 16,028
Mullers football isn't all about winning cups and end results, the journey is just as important as the final destination to a lot of fans, so to speak. I and many others have enjoyed the ENIC era a great deal and value this time spent supporting the club quite highly. We go into every match with a chance to win, we no longer have to write off certain fixtures every season or hope for a draw at best from the likes of Bolton away. We have improved and to a certain extent, pride has been returned now that we no longer battle to secure 40 points at the end of each season to avoid relegation.
There's always room to improve so I'd also back a take over assuming that everything was above board and they had the intention of taking us even further, but despite some of his failings Levy has worked wonders in many areas and he and ENIC are the reason that the club is so highly valued today (not saying it's worth £1bn).
Maybe Levy has been too tight fisted at times when we could have pushed on but if he is kept on and given access to the funds from a big investor, it wouldn't be a bad thing at all imo.
Yorkville Spur
Well-Known Member
- Aug 31, 2012
- 624
- 1,367
Magic is just a figurehead and doesn't really run the Dodgers. He's just an extremely popular guy in LA and it builds goodwill to have him front and center to represent the ownership group. I guess the equivalent in England is if they brought Mo Farah (is he as universally popular as I imagine he is?) into the group to be the public face, not someone just popular with Spurs fans but with sporting fans across the board.
dovahkiin
Damn you're ugly !
- May 18, 2012
- 3,340
- 89,306
a bit from trix on the matter:
This is not exactly what I'd call itK, but has been passed on by a very well known agent who knows Levy fairly well...........
"Perhaps Daniel isn't looking to sell his shares. Doesn't mean the club won't have new owners."
When I asked for clarification was told:
"Daniel loves the club and has never wanted to sell up, Joe doesn't necessarily share the same opinion".
This is not exactly what I'd call itK, but has been passed on by a very well known agent who knows Levy fairly well...........
"Perhaps Daniel isn't looking to sell his shares. Doesn't mean the club won't have new owners."
When I asked for clarification was told:
"Daniel loves the club and has never wanted to sell up, Joe doesn't necessarily share the same opinion".
Spurger King
can't smile without glue
- Jul 22, 2008
- 43,881
- 95,149
Lilbaz
Just call me Baz
- Apr 1, 2005
- 41,363
- 74,893
Do we think that he (Lewis) watched the Liverpool match and thought fuck this?
Would be very happy if we had new owners with deep pockets and kept Levy on board. Mullers might have a stroke though.
RichieS
Well-Known Member
- Dec 23, 2004
- 11,916
- 16,436
Gooner.
LexingtonSpurs
Well-Known Member
- Aug 27, 2013
- 13,456
- 39,042
The thing with Levy and these new Guggenheim guys, is everyone has an ego. While Lewis may be happy to sit in the background and let Levy do his thing, these new guys may not be so happy with such an arrangement.
Or maybe these chaps are all best mates with Levy, and are happy to keep him on as chairman. Interesting times though.
Or maybe these chaps are all best mates with Levy, and are happy to keep him on as chairman. Interesting times though.
Dirty Ewok
Well-Known Member
- Aug 29, 2012
- 9,060
- 19,530
Yup....matter of fact when you look at the setup a fair amount of it looks like Guggenheim is directly involved but they are downplaying it for PR.
As you said Boehly is President of Guggenheim. Silverman is one of the Vice Chairs of Guggenheim. In their press release they even cite that Guggenheim is a direct investor in Cain Hoy. Even the name Cain Hoy is a play on Harry Guggenheim's investment in sport, a reference to Cain Hoy Stables.
But they are going to downplay the role of Guggenheim in the actual ownership....variety of reasons for this but PR is one of them. Guggenheim in many ways acts as a bank for the uber rich. A Bank or investment group is a faceless entity hell bent on making money....this doesn't play well to the unwashed masses, we don't mind people making money off us but don't make it seem like that is the only reason you are there.
However 3 people who are involved with Guggenheim at a high level, 2 of whom are literal rock stars (Boehly and Silverman) in the world of finance and a third (Goldstein) has not only risen up the ranks at Guggenheim by being able to make rich people richer, but he was specifically focuses on investment in real estate in Europe (which seems handy when you are building a stadium in London)....oh, yeah on top of that Goldstein is a season ticket holder at WHL in the east stand.
If you are someone who follows Spurs but doesn't obsess about every little thing the whole situation plays better when you can see a group led by a dues paying supporter (Goldstein) and backed by 2 major financial specialists than if you were to open the paper and see that Spurs had been bought by a bank.
phil
Well-Known Member
- Oct 25, 2004
- 2,038
- 1,239
He may not have a choice in the matter. Under takeover rules, if a company buys a majority stake then it can purchase the rest of the shares on the same terms. Nothing that the minority share holders can do about it.
Lilbaz
Just call me Baz
- Apr 1, 2005
- 41,363
- 74,893
They might have ego's. But they also know how to do business and work these type of deals.
Led's Zeppelin
Can't Re Member
- May 28, 2013
- 7,362
- 20,235
It would be funny if the Liverpool beating resulted in the best thing ever to happen to us. (I don't mean Mullers having a stroke, by the way.)
Franchise60
Well-Known Member
- Feb 26, 2008
- 912
- 1,994
Talking of asset stripping is just fear mongering growing from ignorance of the situation and parties involved.
You better let ENIC know, they were the ones who sacked Hoddle 6 games into a new season and fired a guy who got us two 5th place finishes.
There is no pride in losing to West Ham 3 times in one season.
There is no pride in letting in 12 goals in 3 games against Liverpool
There is no pride in losing to Swiss side in the quarter finals of Europa
There is no pride in being 2 up against Arsenal and losing 5-2.
I don't enjoy that, that kind of crap has to change.
Dirty Ewok
Well-Known Member
- Aug 29, 2012
- 9,060
- 19,530
I would actually guess that Uncle Joe at 77 years old has looked at the prospect at building a stadium and all the associated headaches (specifically the unavoidable delays and cost increases) and said...."fuck this"
Levy is cut from the same cloth as the CH group so it wouldn't surprise me if they at least consider buying out Uncle Joe and keeping Levy around as someone who understands the league and the club which would potentially help with any transition.
The Scarecrow
Well-Known Member
- Jan 17, 2013
- 5,602
- 12,224
But every single team in the world has moments like that. Hell, even Ferguson's Man Utd lost 6-1 to Man City, and the very same Swiss side got them out of the Champions League.
Franchise60
Well-Known Member
- Feb 26, 2008
- 912
- 1,994
Except that ENIC is going to make hundreds of millions of pounds in profit if they sold the club. How does that work in your asset stripping is the only way to make money in football thinking?
The money is in club worth. You buy a club and stadium for 800 million and in ten years it's worth 2billion. That's why an investment firm would want to own a sports club.
Look at how much ENIC is going to make from when they bought the club. It's painfully obvious how much money there is to be made in sport if done correctly.
