Cain Hoy say 'No'.

[HappySpur]

Whats the feeling on here, do we think it has legs

Are we going to have new owners by Christmas?

Considering that they paid nearly 800m over market for the Dodgers two years ago, I have a feeling that this is very legitimate. And considering that Lewis is 77, why wouldn't he consider taking his profit and getting out?

Still doesn't make it certain, but definitely legs

 

[Yorkville Spur]

Whats the feeling on here, do we think it has legs

Are we going to have new owners by Christmas?

I don't think we will. I think Cain Hoy are serious, but I don't think Lewis will sell.

 

[Lilbaz]

At the risk of getting into the middle of something...RBS and Guggenheim are very different businesses as Guggenheim has much more discretion with what to do with their cash. Guggenheim isn't Blackrock or anything, but THFC, at the end of the day, isn't a very big business and a fund with access to over 200 billion smackeroos is ridiculously over qualified to run things.

Guggenheim has helped build companies and are involved with real estate development which is building stuff, of a kind. I'm not sure why their being a financial company and not a manufacturer has to do with their ability to run THFC, though. Do they have a history of asset stripping? I have not seen evidence of that but I don't stalk the company, either. It's possible they're into both but I don't see how THFC is a candidate for an asset strip.

The Mansours are not Qatari bit are from the UAE. Probably someone else will have posted all my points above by the time I hit the submit button, so apologies in advance!

My original post wasn't anything to do with the takeover. It was reflecting that some people (not necessarily here) think that Guggenheim is some sort of global giant. I'm just stating that although $210bn (of assets) is a large number, on a global scale it's not that much for what they do. They cannot just sell off $200bn of assets and invest in Spurs.

Monsour my bad. Really shouldn't post after a beer.

 

[Yorkville Spur]

My original post wasn't anything to do with the takeover. It was reflecting that some people (not necessarily here) think that Guggenheim is some sort of global giant. I'm just stating that although $210bn (of assets) is a large number, on a global scale it's not that much for what they do. They cannot just sell off $200bn of assets and invest in Spurs.

200 billion is really big, though. You are very hard to impress! Also, again, Spurs aren't a very big business, relatively. I'm sure that in a 200 billion dollar portfolio they have MORE than enough liquid assets--cash, US Treasuries, money market funds--to invest in the club and run things. In fact, I'm 100% sure that they do. That's basically all I got. This is the internet, though, so I'm sure neither of us will be convinced.

 

[St José Dominguez]

Great we get linked to a company that sources from Kissimmee, Florida and it's not Disney. That is virtually impossible

Interestingly the Cain Hoy stable's racing colors were blue and white.
They also had a horse named Bald Eagle (Levy/Lewis).

I think it's fate.

 

[HappySpur]

My original post wasn't anything to do with the takeover. It was reflecting that some people (not necessarily here) think that Guggenheim is some sort of global giant. I'm just stating that although $210bn (of assets) is a large number, on a global scale it's not that much for what they do. They cannot just sell off $200bn of assets and invest in Spurs.

True enough. But they had the same financial situation (to a certain extent) with the Dodgers and have been able to make plenty of investment. I think you're right to warn that we aren't being bough by the Sultan of Brunei and won't just go out and spend like PSG a few years back. Sadly, we both know that some of our more obtuse fans will bray for this exact thing immediately. But what can you do. And to add to that, no matter what, we can't pull a United and get a Falcao type player without UCL, because we don't have their global reach.

But I think they will have the resources to invest in the club (if the same model is used as was in their baseball team)

 

[Lilbaz]

200 billion is really big, though. You are very hard to impress! Also, again, Spurs aren't a very big business, relatively. I'm sure that in a 200 billion dollar portfolio they have MORE than enough liquid assets--cash, US Treasuries, money market funds--to invest in the club and run things. In fact, I'm 100% sure that they do. That's basically all I got. This is the internet, though, so I'm sure neither of us will be convinced.

They are big/huge and much bigger than Enic. I hope they can do what they did with the dodgers. Just trying to slow down the hype.

 

[Jamturk]

Considering that they paid nearly 800m over market for the Dodgers two years ago, I have a feeling that this is very legitimate. And considering that Lewis is 77, why wouldn't he consider taking his profit and getting out?

Still doesn't make it certain, but definitely legs

This is what really pisses me off.

We the supporters, the lifeblood, the club seemingly have no input into this or any possible takeover of our club.

 

[Lilbaz]

This is what really pisses me off.

We the supporters, the lifeblood, the club seemingly have no input into this or any possible takeover of our club.

Bloomgate has got Lewis's address if you want to send him a letter.

 

[Zoob32]

It seems that they have made a significant investment into the farm system since the purchase (which for those of you who don't understand the terminology would be the equivalent of the academy in football parlance). And it paid off very quickly with this kid Puig. While I won't hold out for such a quick ROI, the fact that they put such a high value on player development in baseball (coupled with the infrastructure we already have) makes me feel that we will see major improvements in an already slowly improving academy. And that's enough to make me feel very positive about this potential change in ownership.

Puig wasn't exactly a farm system / academy player. He was a known Cuban player that had to get smuggled out of Cuba and defect to the the US to play. Once in the US the dodgers paid him a good sum and he spent less then one year in the minor leagues before playing for the dodgers. Most farm players spend 2-3 years in the minors before moving up, for the good ones. some spend 4-5 years, just really depends on the player.

Its harder to invest in farm systems in the US because you can't just outright purchase a player. Every player has rights owned by a team that gets picked through the draft system. So say there was a crazy good prospect he would get snapped up in the first few picks of the draft by a bad club. You can't really stockpile youth talent ala Chelsea in American sports.

 

[Jamturk]

Bloomgate has got Lewis's address if you want to send him a letter.

Its not just about me though is it, what about you guys and the rest of our supporters?

 

[Lilbaz]

Its not just about me though is it, what about you guys and the rest of our supporters?

Put my signature at the bottom aswell.

 

[Yorkville Spur]

They are big/huge and much bigger than Enic. I hope they can do what they did with the dodgers. Just trying to slow down the hype.

I hear you. They won't spend like Man City or Chelsea so people should just forget about that.

 

[Jamturk]

I got 2 words

Randy Lerner

and 3 more

Gillette and Hicks

 

[Lilbaz]

I got 2 words

Randy Lerner

and 3 more

Gillette and Hicks

Ronald McDonald?

 

[THFCSPURS19]

I got 2 words

Randy Lerner

and 3 more

Gillette and Hicks

Actually, you have ten words and two numbers.

 

[Jamturk]

Actually, you have ten words and two numbers.

I never said I could count

 

[chrissivad]

Its not just about me though is it, what about you guys and the rest of our supporters?

things would never get done if every fan had an input.

 

[Lilbaz]

things would never get done if every fan had an input.

Can you imagine the meeting.
Levy - We're looking at selling the club has anyone got any input? Yes Mullers what is it?

 

[Bloomgate]

All I will say before I depart (for now) is: i) with respect, you guys are not supposed to be "comfortable" with what I am alleging as it is highly controversial and has huge implications, as my family & I know only too well...but it is without doubt true & ii) the promised "Bite Sized" Summary of the Fraud Scheme & Cover-Up will be posted on the Bloomgate Blog tomorrow.