What's new

ENIC...

Status
Not open for further replies.

wrd

Well-Known Member
Aug 22, 2014
13,603
58,005
I was pro-Levy and Enic for a long time. They made mistakes but from 2001 to around 2016 I think overall they did a good job. Not spectacular and obviously room for improvement but overall it was good.

I am now losing all faith in Levy and his thought processes as far as the playing side is concerned. Hiring a DOF was a good move for him to step away from this but it seems he always gets involved in areas where he isn't needed.

Sadly much of the posts criticising Levy and ENIC are of really poor quality. There's so much to genuinely question and criticise them for but the most vocal posts, imo, have largely been low quality posts that people like myself disagree with. Ultimately I am often disagreeing with the poster, not the criticism of Levy/ENIC.
Between yourself and @BringBack_leGin to be losing faith over the last 12 months I think speak volumes of the trajectory and decisions making we have seen over the last year tbh.
 

Archibald&Crooks

Aegina Expat
Admin
Feb 1, 2005
55,719
206,137
I suppose if it was loud enough, it might push Levy to change his ways,
I actually thought that he could see which way the wind was blowing which resulted in his statements that he took his eye off the ball, getting back to playing the Spurs way and all that DNA stuff.

Turns out he was just paying lip service, he said it to shut people up and now he's made it worse because even the diehard BSoDL can see right through it.

He ain't changing his ways anytime soon :(
 

rez9000

Any point?
Feb 8, 2007
11,942
21,098
Without wishing ill on anybody, I wonder what will happen when uncle Joe pops his clogs? Will his family inherit his share and seek to follow in their dads footsteps in just sitting back and watching the money roll in or will they be more proactive? Will they look to sell? Will Levy see it as an opportunity to buy a bigger percentage?
It depends on how the various holding companies / groupings that ultimately own the club are structured. This is the chain of ownership at Spurs:

The club, as in the entity that fields teams in various competitions is owned by Tottenham Hotspur Limited. They are the holding company.

The share capital of Tottenham Hotspur Limited is 85.6% owned by ENIC Sports Inc. based in the Bahamas. The other 14.4% of the share capital is owned by private shareholders.

ENIC Sports Inc. is wholly owned by ENIC International Limited, also based in the Bahamas.

ENIC International Limited is 70.6% owned by the Tavistock Group and 29.4% owned by the Levy family.

This is where it gets very cloudy. The precise corporate structure of the Tavistock Group is very difficult to know. They describe themselves as a 'private investment organisaton', but there's very little publicly to show how they operate. Their website only states that the group comprises "of a family office, trading operation, and a portfolio of public investments and private companies."

Then you have to add in the various management structures along the chain between Tottenham Hotspur and the two main owners - Tavistock and the Levy family.

How is ENIC Sports Inc. structured? Are they just a shell company or do they have a full corporate structure and, if so, who are the directors? Likewise, what about ENIC International Limited?

But the key obfuscating factor is the Tavistock Group. They are a private company, so their management structure doesn't need to be as open as a stock market listed company, so it's hard to say who sits in the positions of power and who may take over when Joe Lewis departs - be that through death or through retirement.

That Joe's daughter would take over may or may not happen. Just because she stands to inherit some, or even all, of his wealth doesn't necessarily mean she takes over as the controller of Tavistock Group. She may not want to, she may not be able to. We've all seen the movie narrative of the inheritor of a dead company-chair-of-the-board taking over the company, but in reality, a lot of the time, that has to be ratified by the board. It will depend on how much of the Group a person inherits. If it's less than 50%, the path to the chairmanship is not free and clear. And that's assuming that Tavistock Group is structured that way.

Likewise, if Joe were to gift Levy a portion of his estate, all he can do is hand over his shares. If he hands over, say, all his shares in ENIC to Levy, then, yes, Levy could then potentially take full control of the club.

But the point is is that the ownership of Spurs is pretty complex already and what will happen if Joe Lewis dies we can only speculate, and very wildly at that, because of the various holding companies layered between the club and those who hold the actual keys.
 

thebenjamin

Well-Known Member
Jul 1, 2008
12,416
39,588
He's royally fucked and in another other line of business he'd have been sacked ages ago but as he owns 30% of the club and ENIC as of now have no intention to sell he's not going anywhere anytime soon :(

I've been thinking and one thing that could help would be if good football people were more involved with the football side if the club.

Ajax have : Van Der Sar - CEO, Overmars - DofF
Juventus : Nedved - Vice President
Bayern : Hasan Salihamidzic as their DofF and used to have Karl Heinz Rummenigge as their Cheif Exec
Chelsea : Petr Cech - DofF

I think good football people like Clive Allen and maybe Hoddle and others who know the values of the club should be a bit more involved in the football side of our club and advising Levy. It won't happen but just an observation as pretty much giving up hope right now as to how we can get out of this rinse and repeat cycle under Levy.

Him stepping away a bit from the football side was a good thing but he's clearly still very involved and the DofF he hired then hires a defensive manager who completely doesn't fit our 'DNA', you really couldn't make it up.

Hugo should 100% be given this position when he retires. If he's up for it and isn't sick of the sight of the place by then.
 

Cream

Well-Known Member
Jun 23, 2019
642
1,898
Lol you think he just hangs around the cafe all day, why? Because that's where you saw most of him in the AON doc?

Do you not think he was on screen most there because that was more interesting to the viewer than filming him in his office signing paperwork

The conspiracy theories on here just get stranger and stranger.


What conspiracy theories?

I've not read a single one.

Be genuinely interested if you could point me to a couple. Or one even?
 

ohtottenham!

Well-Known Member
Aug 15, 2013
7,509
13,061
Lol you think he just hangs around the cafe all day, why? Because that's where you saw most of him in the AON doc?

Do you not think he was on screen most there because that was more interesting to the viewer than filming him in his office signing paperwork

The conspiracy theories on here just get stranger and stranger.
Daniel Levy has had executive control of our club for 20 years. There’s a high probability that he had executive control re the final cut for AON. Club PR and his own PR were the priorities in his mind; otherwise why bother?

I’m sure there were plenty of outtakes that will never see the light of day that would have been far “more interesting to the viewer” than watching Daniel discuss his o-levels with Tanguy or his canteen engagement with the players.

Yet, that’s the image we were left with…if you trust a film director’s vision. A chairman who’s in touch with his playing staff, and someone whose eye is always on the ball football-wise.

There’s no one to blame except Daniel Levy himself for presenting that image to fans.
 

Albertbarich

Well-Known Member
Jul 4, 2020
5,322
20,190
Jack Pitt brooke made a great point on the athletic pod.

We should be competing with the dortmunds, athletico Madrids of the world but we don't do one thing they do.

Sell players

Nobody can compete financially with the dirty oil money clubs but you can put a great system in place, clever choice of coach and rejuvenate the squad every few years.

I think through levys experiences with modric and berbatov he is dead against selling players, well top ones but actually if we had sold kane and even maybe son we could have rejuvenated the whole team.

Of course it relies on great scouting and buying those young hungry players so that's another layer we miss but it's a great point.

It's been pointed out that the squad is stale, tired and lacks hunger. Only one way that's being resolved. Sell most of them.

Be brave. Loan dele out to a club in a slower league, offer kane to a man utd and get best price for him. Get max value for players when we can and reinvest.

Just a thought.
 

carmeldevil

Well-Known Member
May 15, 2018
7,720
46,403
Jack Pitt brooke made a great point on the athletic pod.

We should be competing with the dortmunds, athletico Madrids of the world but we don't do one thing they do.

Sell players

Nobody can compete financially with the dirty oil money clubs but you can put a great system in place, clever choice of coach and rejuvenate the squad every few years.

I think through levys experiences with modric and berbatov he is dead against selling players, well top ones but actually if we had sold kane and even maybe son we could have rejuvenated the whole team.

Of course it relies on great scouting and buying those young hungry players so that's another layer we miss but it's a great point.

It's been pointed out that the squad is stale, tired and lacks hunger. Only one way that's being resolved. Sell most of them.

Be brave. Loan dele out to a club in a slower league, offer kane to a man utd and get best price for him. Get max value for players when we can and reinvest.

Just a thought.

This. So much this. We can be similar to these clubs or Leicester City. And can still win titles.
 

KaribYid

Well-Known Member
Jul 2, 2012
1,311
7,857
Jack Pitt brooke made a great point on the athletic pod.

We should be competing with the dortmunds, athletico Madrids of the world but we don't do one thing they do.

Sell players

Nobody can compete financially with the dirty oil money clubs but you can put a great system in place, clever choice of coach and rejuvenate the squad every few years.

I think through levys experiences with modric and berbatov he is dead against selling players, well top ones but actually if we had sold kane and even maybe son we could have rejuvenated the whole team.

Of course it relies on great scouting and buying those young hungry players so that's another layer we miss but it's a great point.

It's been pointed out that the squad is stale, tired and lacks hunger. Only one way that's being resolved. Sell most of them.

Be brave. Loan dele out to a club in a slower league, offer kane to a man utd and get best price for him. Get max value for players when we can and reinvest.

Just a thought.

Think it's a double edged sword around this point.

Levy likely thinks that selling our best players would show a lack of ambition. He likely think that fans would moan if we do, and he's not 100% wrong. It's easy to look back in hindsight and say that we should've sold Alli for 100m at his peak or Rose and Dier for 50m but at a time when we were competing, fans would absolutely eviscerate Levy for lack of ambition.

That problem is alleviated by having a good scouting structure in place to effectively replace players in the way that Dortmund, Atleti etc do.

If we can get that system in place, fans would be far more accepting of cashing in on our best players.

Currently, we are miles away from that. We cant even sign a back up striker for Kane. How can we have any confidence that we could effectively replace him if we cashed in?
 

jurgen

Busy ****
Jul 5, 2008
6,788
17,463
Jack Pitt brooke made a great point on the athletic pod.

We should be competing with the dortmunds, athletico Madrids of the world but we don't do one thing they do.

Sell players

Nobody can compete financially with the dirty oil money clubs but you can put a great system in place, clever choice of coach and rejuvenate the squad every few years.

I think through levys experiences with modric and berbatov he is dead against selling players, well top ones but actually if we had sold kane and even maybe son we could have rejuvenated the whole team.

Of course it relies on great scouting and buying those young hungry players so that's another layer we miss but it's a great point.

It's been pointed out that the squad is stale, tired and lacks hunger. Only one way that's being resolved. Sell most of them.

Be brave. Loan dele out to a club in a slower league, offer kane to a man utd and get best price for him. Get max value for players when we can and reinvest.

Just a thought.
I know a lot of people weren't keen on selling Kane unless the price was huge - myself included - so I can understand why we didn't, even if it doesn't look smart right now, but how could that model accommodate a chairman who wants £40m for Harry Winks :unsure:

A clear ethos for the football club + good scouting for a defined way of playing seems the thing that has been totally missing for a few years now.
 

dagraham

Well-Known Member
Sep 20, 2005
19,158
46,156
Think it's a double edged sword around this point.

Levy likely thinks that selling our best players would show a lack of ambition. He likely think that fans would moan if we do, and he's not 100% wrong. It's easy to look back in hindsight and say that we should've sold Alli for 100m at his peak or Rose and Dier for 50m but at a time when we were competing, fans would absolutely eviscerate Levy for lack of ambition.

That problem is alleviated by having a good scouting structure in place to effectively replace players in the way that Dortmund, Atleti etc do.

If we can get that system in place, fans would be far more accepting of cashing in on our best players.

Currently, we are miles away from that. We cant even sign a back up striker for Kane. How can we have any confidence that we could effectively replace him if we cashed in?

The issue with comparing us to Dortmund and Atletico is that they are almost always in the CL, making it easier to attract players.

Although Dortmund always have Bayern hoovering up their players, they have been the go to German team other than Bayern. Same with Atletico behind the big two.

Whereas we are in competition with the two Manchester Clubs, Liverpool, Chelsea, Arsenal ( before they got a bit shit) and now Leicester.
 

hellava_tough

Well-Known Member
Apr 21, 2005
9,429
12,383
The issue with comparing us to Dortmund and Atletico is that they are almost always in the CL, making it easier to attract players.

Although Dortmund always have Bayern hoovering up their players, they have been the go to German team other than Bayern. Same with Atletico behind the big two.

Whereas we are in competition with the two Manchester Clubs, Liverpool, Chelsea, Arsenal ( before they got a bit shit) and now Leicester.

How is our coefficient doing, for the 24/25 season?

2 extra CL places available across Europe?
 

dudu

Well-Known Member
Jan 28, 2011
5,314
11,048
Jack Pitt brooke made a great point on the athletic pod.

We should be competing with the dortmunds, athletico Madrids of the world but we don't do one thing they do.

Sell players

Nobody can compete financially with the dirty oil money clubs but you can put a great system in place, clever choice of coach and rejuvenate the squad every few years.

I think through levys experiences with modric and berbatov he is dead against selling players, well top ones but actually if we had sold kane and even maybe son we could have rejuvenated the whole team.

Of course it relies on great scouting and buying those young hungry players so that's another layer we miss but it's a great point.

It's been pointed out that the squad is stale, tired and lacks hunger. Only one way that's being resolved. Sell most of them.

Be brave. Loan dele out to a club in a slower league, offer kane to a man utd and get best price for him. Get max value for players when we can and reinvest.

Just a thought.

Genuine question, would you have been happy to sell Eriksen for a huge fee, similar to how Coutinho was sold for L'pool?
 

Albertbarich

Well-Known Member
Jul 4, 2020
5,322
20,190
Genuine question, would you have been happy to sell Eriksen for a huge fee, similar to how Coutinho was sold for L'pool?
Yes.

But in the interests of honestly I would have been gutted to sold prime kane.

However I remember when dele was being linked to Madrid and I said he isn't good enough for them. If they had offered good money I would have taken it then

Hindsight is a wonderful thing though
 

dudu

Well-Known Member
Jan 28, 2011
5,314
11,048
Yes.

But in the interests of honestly I would have been gutted to sold prime kane.

However I remember when dele was being linked to Madrid and I said he isn't good enough for them. If they had offered good money I would have taken it then

Hindsight is a wonderful thing though

Absolutely and I guess it also depends on how well that money is going to be invested. We went from consistently selling our best players to upping wages of all our best players and keeping the bulk of them for longer than we should have.

Had we sold Eriksen the no transfer season and used that money to buy one or two of the players Poch wanted then we may have been better for it, but also, how can you replace what Eriksen brought to our team. It's a fine balance and one which we have to learn how to do better if we want to compete at the top. All the big clubs sell their quality players.
 
Status
Not open for further replies.
Top