Daniel Levy increases Tottenham asking price to £1.2bn

[mawspurs]

Spurs chairman values club at £200m more than last season, and six times more than Everton or Aston Villa, despite again missing out on the top four

Read the full article at Telegraph

 

[Gaz_Gammon]

Priced at whatever anyone is prepared to stump up. Making money and expanding ground capacity means that the value is bound to have gone up.

Well done Danny Boy, now go spend some moola you tight git....

 

[spursram]

Damn...I was all set to bid this summer. Oh well, just have to keep saving.

 

[Hoops]

Ive listed my guitar on ebay for 100 pounds. Bought it for 250 and its like new condition. It rock bottom, bloody good price but people are offering 60 pounds. So I know why he gave an unrealistic valuation.

 

[peteblue]

Surely that is up to ENIC to put a value on the club, Levy is the club chairman so he is a employee., he just works for them. Not really up to him to decide what club is worth.

 

[Jenko]

Levy is a major shareholder and chairman, and keeps in close contact with Joe Lewis at all times, so who better to put a value on it.

This kind of valuation simply says 'not for sale ' to any realistic investor, not unless it's silly money. I expect at this stage he/they would want to see the stadium opened under they're tenure before considering a sale.

 

[davidmatzdorf]

When the Cain Hoy rumour first surfaced a few months ago, I was highly dubious that ENIC would want to sell the club at that time, primarily based on their business model, which is to acquire an asset, add value over quite a long term and then dispose of the asset at the ideal time, in terms of added value v. time held.

I was unconvinced because they had added a great deal of value by obtaining planning consent several years ago, but then had continued to spend large amounts of money on the NDP, without adding further value. When Cain Hoy expressed their interest, the Archway Sheet Metal CPO dispute was still unresolved, which put a considerable dent in the value of the club and its land. Only a distressed owner would be keen to sell at that kind of moment and ENIC is plainly the oppopsite of distressed - it is capital-rich.

Now that the CPO has been resolved in the club's favour, it might be a less daft time to sell, but still, there are such fertile opportunities to add value, by actually completing the NDP, that I cannot see why ENIC would consider selling now.

In a few years, assuming the successful the completion of the NDP, their asset will have appreciated hugely. That would be an ideal time for them to sell.

 

[Hoops]

When the Cain Hoy rumour first surfaced a few months ago, I was highly dubious that ENIC would want to sell the club at that time, primarily based on their business model, which is to acquire an asset, add value over quite a long term and then dispose of the asset at the ideal time, in terms of added value v. time held.

I was unconvinced because they had added a great deal of value by obtaining planning consent several years ago, but then had continued to spend large amounts of money on the NDP, without adding further value. When Cain Hoy expressed their interest, the Archway Sheet Metal CPO dispute was still unresolved, which put a considerable dent in the value of the club and its land. Only a distressed owner would be keen to sell at that kind of moment and ENIC is plainly the oppopsite of distressed - it is capital-rich.

Now that the CPO has been resolved in the club's favour, it might be a less daft time to sell, but still, there are such fertile opportunities to add value, by actually completing the NDP, that I cannot see why ENIC would consider selling now.

In a few years, assuming the successful the completion of the NDP, their asset will have appreciated hugely. That would be an ideal time for them to sell.

Good post that. And true. We have the 350m bridging loan so financing is there to completion.

 

[Rocksuperstar]

Why do newspapers substitute the word "Asking price" in place of "value of"?

He's not set an asking price, at best he's valued the club as such. Telegraph, get your shit together, you're getting worse.

 

[Donki]

Damn...I was all set to bid this summer. Oh well, just have to keep saving.

Il meet you half way, ram and donki could be a perfect coalition .

 

[Japhet]

When the Cain Hoy rumour first surfaced a few months ago, I was highly dubious that ENIC would want to sell the club at that time, primarily based on their business model, which is to acquire an asset, add value over quite a long term and then dispose of the asset at the ideal time, in terms of added value v. time held.

I was unconvinced because they had added a great deal of value by obtaining planning consent several years ago, but then had continued to spend large amounts of money on the NDP, without adding further value. When Cain Hoy expressed their interest, the Archway Sheet Metal CPO dispute was still unresolved, which put a considerable dent in the value of the club and its land. Only a distressed owner would be keen to sell at that kind of moment and ENIC is plainly the oppopsite of distressed - it is capital-rich.

Now that the CPO has been resolved in the club's favour, it might be a less daft time to sell, but still, there are such fertile opportunities to add value, by actually completing the NDP, that I cannot see why ENIC would consider selling now.




Now that the stadium has a green light I wouldn't be surprised that the 'value' has increased. It sends a message to any interested parties that the club is a sound investment with a rosy future and that any bids should reflect that. Don't think ENIC have any intention of selling yet but whipping up a bit of interest won't do any harm.
In a few years, assuming the successful the completion of the NDP, their asset will have appreciated hugely. That would be an ideal time for them to sell.

 

[Lenten]

So THFC=one hundred Danny Ings

 

[Hoops]

Why do newspapers substitute the word "Asking price" in place of "value of"?

He's not set an asking price, at best he's valued the club as such. Telegraph, get your shit together, you're getting worse.

Because sensationalism sells

 

[teok]

Why do newspapers substitute the word "Asking price" in place of "value of"?

He's not set an asking price, at best he's valued the club as such. Telegraph, get your shit together, you're getting worse.

Clickbait.