Cain Hoy say 'No'.

[spursfan77]

Really didn't think this will have legs, after all we all had previous take over rumors of AEG when we were planning the new stadium, or moving into the Olympic one........

but after seeing: http://www.tottenhamhotspur.com/news/rule-2.10-announcement-150914/

makes me thing this is getting serious. but.......

at the end of the day, its an investment company, not a crazy rich guy willing to pump in the millions like chelsea or man city. not much will change, maybe a higher budget but as with every investment, the new owners will have an eye on their ROI, so don't see any big changes in the short term.

AEG were never interested in buying us.

 

[Mustard]

Really didn't think this will have legs, after all we all had previous take over rumors of AEG when we were planning the new stadium, or moving into the Olympic one........

but after seeing: http://www.tottenhamhotspur.com/news/rule-2.10-announcement-150914/

makes me thing this is getting serious. but.......

at the end of the day, its an investment company, not a crazy rich guy willing to pump in the millions like chelsea or man city. not much will change, maybe a higher budget but as with every investment, the new owners will have an eye on their ROI, so don't see any big changes in the short term.

250bn


Either way we are being sold. Either way.

 

[Booney]

http://www.forbes.com/sites/mikeoza...tter-shape-with-guggenheim-than-with-mccourt/

http://articles.latimes.com/2012/dec/15/sports/la-sp-dodgers-guggenheim-20121216

http://www.businessweek.com/articles/2012-05-17/mark-walter-the-moneyman-behind-the-dodgers-deal

http://www.hollywoodreporter.com/news/guggenheims-todd-boehly-talks-dodgers-450303

http://espn.go.com/blog/los-angeles.../id/4015/guggenheim-had-bowed-out-of-aeg-sale

Some very interesting background reading on Guggenheim and their purchase of the LA Dodgers. To summarise some key points;

- Purchase of the LA Dodgers included 50% of the real estate on which the stadium was sited. The old owner kept hold of the other 50% along with 50% of the profits from any development on that site
- General feeling was that Guggenheim paid massively over the odds for the team which they justify but pointing to the massive expansion in potential TV rights which they see as almost limitless
- They invested heavily in the team
- Bit of concern that Guggenheim might be using other people's money to fund the whole thing
- Guggenheim heavily linked with AEG purchase at one point - potentially as a route into an NFL franchise

Lots more there but some parallels between this purchase and Spurs are clear. Reading this makes plenty of the THFC speculation make sense on paper at least and it would seem to fit their model for business and expansion .

 

[Strikeb4ck]

I have absolutely no idea what's going on in this thread, but I feel like I should.

Can someone please quickly recap what's happened the past week and then what sprung the 15 pages today?

 

[Lo Amo Speroni]

I have absolutely no idea what's going on in this thread, but I feel like I should.

Can someone please quickly recap what's happened the past week and then what sprung the 15 pages today?

Levy has bad greedy friends.

Levy bought a house.

 

[mckenz]

Property development is not a 100% safe bet......

 

[thinktank]

View attachment 15436

 

[worcestersauce]

Levy has bad greedy friends.

Levy bought a house.

Alledgedly!

 

[spursfan77]

Some very interesting background reading on Guggenheim and their purchase of the LA Dodgers. To summarise some key points;

- Purchase of the LA Dodgers included 50% of the real estate on which the stadium was sited. The old owner kept hold of the other 50% along with 50% of the profits from any development on that site
- General feeling was that Guggenheim paid massively over the odds for the team which they justify but pointing to the massive expansion in potential TV rights which they see as almost limitless
- They invested heavily in the team
- Bit of concern that Guggenheim might be using other people's money to fund the whole thing
- Guggenheim heavily linked with AEG purchase at one point - potentially as a route into an NFL franchise

Lots more there but some parallels between this purchase and Spurs are clear. Reading this makes plenty of the THFC speculation make sense on paper at least and it would seem to fit their model for business and expansion .

I said earlier this is what I think might have been going on at some stage with us:

"- Purchase of the LA Dodgers included 50% of the real estate on which the stadium was sited. The old owner kept hold of the other 50% along with 50% of the profits from any development on that site"

It's to do with stadium funding.

 

[mattyspurs]

Thing is, there may be some substance in what @Bloomgate has posted, but he hasn't helped himself by doing a runner since being called out about the court dates.

Wang!

 

[Zoob32]

I have put some of this into Google, and i am not seeing much that matches up, and i am not the only one as @THFCSPURS19 had the same issue.

So rather than jumping to the assumption that all of this information is false i am asking the individual who is continually citing "evidence" to point out where it can be found. I am doing this because i am willing to admit that maybe i am not looking at the right information or that i am not looking in the right places or maybe i am just too fucking thick to see it.

If Bloomsgate has the evidence or knows where it can be found it shouldn't be a difficult task for him top provide it. I would like to look at the same exact evidence that Bloomsgate is referring to so that i can see and make the judgement myself not take his word for it since he, by his own admission, is biased in this story. If the information is as cut and dry as he is stating then an unbiased viewing of the evidence should lead me to the same conclusions that he has come to.

As it stands, he has not provided the evidence or where to find it. @Stoof , @Rob , @nidge , @mrlilywhite , @Lilbaz , @yankspurs , and @mpickard2087 have all asked reasonable questions of him and not been answered.

He has provided a great deal of accusations but as of yet has not provided the evidence to support it, i think it is a fairly reasonable request to be pointed to the evidence so i can make my own judgement.

But... but... but there was a blog post about it! What more evidence do you need???

 

[Blake Griffin]

I'd be very concerned with new ownership. Better the devil you know.

to dare is to do!

 

[kaz Hirai]

At best this would be a sideways step for the club. Meh!

Where's the bored billionaire playboys

 

[NEVILLEB]

Lewis has been preparing to sell the club for years.

That's why we haven't spent any money on transfers for so long. He's preparing to make a massive profit.

 

[THFCSPURS19]

At best this would be a sideways step for the club. Meh!

Where's the bored billionaire playboys

Are you serious? It's been made abundantly clear that this would be some sort of step forwards.

 

[mrlilywhite]

At best this would be a sideways step for the club. Meh!

Where's the bored billionaire playboys

I don't know mate, on the one hand there is evidence enough to show that the supposed company behind Cain Hoy, put money in where it's needed, though on the other, if Cain Hoy are acting on their own and without Guggenheim money, then one could assume that it could be ENIC all over again. Of course, there could be another agenda that @spursfan77 has alluded to, and it is indeed a Stadium finance. I think Lewis could sell to Cain Hoy, and logic tells me it is highly plausible, given the constant negative information relating to the Stadium, couple that with our failure to secure funding. If (and i can't see why they would, though Guggenheim paid through the nose for the L.A Dodgers) Cain Hoy were to pay Lewis much more than he wants then imo he sells. If that happens, then is it not suggestive to say they will push money into the parts of the club that will give them the best chance of raising the profile of the club?

I am probably far off what will happen, but my limited knowledge of finance can not see what other circumstances they would be interested in. Maybe this is all a bluff to raise their profile, but as others have said they don't need to do that because they are already high profile in their respective roles within their market/field?

 

[kaz Hirai]

Are you serious? It's been made abundantly clear that this would be some sort of step forwards.

It would be minor at best IMO. Maybe better progress with stadium perhaps

 

[THFCSPURS19]

It would be minor at best IMO. Maybe better progress with stadium perhaps

They won't spend £1billion and then put little investment in the squad. It wouldn't make sense IMO.

 

[bat-chain]

Are you serious? It's been made abundantly clear that this would be some sort of step forwards.

While I have no desire to see a playboy here I do think it is a bit early to know if this is a genuinely good thing for us.

All we really know is that Cain Hoy are an investment company and there are a hell of a lot of ways to invest money in football and some of the ways might not be too much fun.

They might decide that to spend 400m on the stadium would be a poor investment.

They might decide to try move the club.

They might decide to sell all our best players and stop even trying to aim for the top 5. We think it's bad now but Mike Ashley runs Newcastle as an investment and it's grim.

I kind of know this is all worst case scenario stuff and I don't imagine it will be that bad but I am worried in the sense that we really have no idea what will happen. They might just not know what they are doing because premier league football is quite brutal when you first come in.

FSG get an easy ride these days because Rodgers' turned out to be good but there first few years were in fact an absolute disaster, I hope we don't have to endure some dodgy years before they get up to speed.

 

[Waiwonder]

I feel like a 6 year old trying to spell 'exasperated'

I'm completely lost in this thread