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Donki

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May 14, 2007
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It's an interesting point.

I might be wrong but I thought Chelsea's plan was to spend Roman's money very big at the beginning to become a big and successful club. Then they would live within their means once their turnover was huge. I don't think Roman is still putting money into the club in the same way he used to.

Utd and Liverpool have huge turnovers. I believe that is what ENIC is aiming for.

Will be interesting to see what happens to our spending and on-field success once the stadium money starts coming in.

I see what you are saying 100% but we have no recent pedigree, its the reason why Liverpool and unites can absorb a down turn in success. Levy's biggest misjudgement is building a "super club" with no silver wear, name one other club who is seen as top while winning fuck all?
 

dontcallme

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Mar 18, 2005
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I see what you are saying 100% but we have no recent pedigree, its the reason why Liverpool and unites can absorb a down turn in success. Levy's biggest misjudgement is building a "super club" with no silver wear, name one other club who is seen as top while winning fuck all?
I'm not disagreeing with you at all.

None of the clubs in recent years outside Utd and Liverpool with their insanely high turnovers have been able to get to the top by living within their means.

The thing is I don't think Levy has chosen a high turnover over footballing success. I think it's more that he is very good at delivering improved finances but isn't as good at running a football club.
 

Donki

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I'm not disagreeing with you at all.

None of the clubs in recent years outside Utd and Liverpool with their insanely high turnovers have been able to get to the top by living within their means.

The thing is I don't think Levy has chosen a high turnover over footballing success. I think it's more that he is very good at delivering improved finances but isn't as good at running a football club.

But there must be a meeting point somewhere, there are supporters on here who think that a successful bank balance and argue its great seem to miss the point. Sport is about winning and competing, not about how much money we make. How can we say, we ar a success story when we continually fail to win anything? Its just a rare argument, Levy is chasing something which he will continue to chase. Prime example, Varane to United, he went for pocket change, and if reports are correct for average wages (for a player of his stature), why did he choose United?
 

dontcallme

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Mar 18, 2005
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But there must be a meeting point somewhere, there are supporters on here who think that a successful bank balance and argue its great seem to miss the point. Sport is about winning and competing, not about how much money we make. How can we say, we ar a success story when we continually fail to win anything? Its just a rare argument, Levy is chasing something which he will continue to chase. Prime example, Varane to United, he went for pocket change, and if reports are correct for average wages (for a player of his stature), why did he choose United?
I think you’re making your point on a false narrative. No one here prefers a big bank balance to footballing success.

When City first got their money they bought a lot of players from Arsenal. This happened when Arsenal has beenin the CL every season for well over a decade and City never had been.

The players joined City for the huge money.

Yes Utd have bought Varane. Lots of teams buy players for reasonable fees. But the teams at the top also spend big.

If ENIC are not going to put in their own money then the way to buy big is to earn a lot.

That’s why fans, like myself, want us to have a higher turnover. And I think you know that’s why we want a higher turnover. It’s not because we prefer the club to have money over footballing success.
 

Shadydan

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Jul 7, 2012
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But there must be a meeting point somewhere, there are supporters on here who think that a successful bank balance and argue its great seem to miss the point. Sport is about winning and competing, not about how much money we make. How can we say, we ar a success story when we continually fail to win anything? Its just a rare argument, Levy is chasing something which he will continue to chase. Prime example, Varane to United, he went for pocket change, and if reports are correct for average wages (for a player of his stature), why did he choose United?

Yeah I'm pretty sure no one thinks that and it looks like there's a couple of straw men in your argument here.

Also Varane apparently is on £200k a week which is amongst the highest paid CB in the Premier League but I don't get the point about him unless you wanted us to go for Varane or something?
 
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Saoirse

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Aug 20, 2013
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Seriously, only ENIC could take us in two years from being in the Champions League final, to being in a position where less than two weeks away from the season opener the most senior striker we have available and training with the squad is a 17 year old kid. I know they're investing well now, but this risks writing off a third season in a row. It just isn't good enough.
 

Saoirse

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Aug 20, 2013
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Son is a striker, one who has fed quite well on City without Kane's assistance
He's better when played in position. And the next highest-scorer from last season after him only got 3 goals. We're expecting a lot of players to suddenly step up and contribute without Bale and Kane and for me that's a very worrying prospect.
 

michaelden

Knight of the Fat Fanny
Aug 13, 2004
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I wonder if ,ENIC Group (formerly English National Investment Company) , was called National Investment Company of England, would people like it more?

I think it would be NICE
 

thekneaf

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Jan 18, 2011
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He's better when played in position. And the next highest-scorer from last season after him only got 3 goals. We're expecting a lot of players to suddenly step up and contribute without Bale and Kane and for me that's a very worrying prospect.
So we should buy expensive new strikers in case city stump up £150m plus?
 

Saoirse

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Aug 20, 2013
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So we should buy expensive new strikers in case city stump up £150m plus?
We should probably have two players for each position, yes! They don't need to be expensive, but being adults with a track record in competitive football would be nice. It'd also be lovely if we didn't let the squad decline so badly that it finishes 6th and 7th in consecutive years, making it look extremely unlikely that we'll challenge for the big trophies again and therefore encouraging our best player to try his luck elsewhere.
 

thekneaf

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Jan 18, 2011
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We should probably have two players for each position, yes! They don't need to be expensive, but being adults with a track record in competitive football would be nice. It'd also be lovely if we didn't let the squad decline so badly that it finishes 6th and 7th in consecutive years, making it look extremely unlikely that we'll challenge for the big trophies again and therefore encouraging our best player to try his luck elsewhere.
We'll see how this all shakes out and judge it once it does
 

mkkid

Well-Known Member
Nov 9, 2004
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Seriously, only ENIC could take us in two years from being in the Champions League final, to being in a position where less than two weeks away from the season opener the most senior striker we have available and training with the squad is a 17 year old kid. I know they're investing well now, but this risks writing off a third season in a row. It just isn't good enough.

spurs have signed a rapping second string goalie and a winger..
 

Real_madyidd

The best username, unless you are a fucking idiot.
Oct 25, 2004
18,797
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Levy's pay at Spurs is akin to a top third FTSE 100 CEO, yet I doubt Levy would get a job as a FTSE 100 CEO. In fact I doubt he would get a CEO job at a FTSE 250 company. Seeing as we're offering top tier pay, we should really go and get a top tier CEO.

Just catching up on this thread, was this point challenged? If not can I just point out that listed companies frequently pay their top execs less than private companies as they have remuneration committees and pressures about paying many multiples of average employee wages. Saying he is paid more that an CEO of a listed company is pointless. He is an owner who has grown a business over the years rather than paying a massive dividend each year.
 

BringBack_leGin

Well-Known Member
Jul 28, 2004
27,719
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Just catching up on this thread, was this point challenged? If not can I just point out that listed companies frequently pay their top execs less than private companies as they have remuneration committees and pressures about paying many multiples of average employee wages. Saying he is paid more that an CEO of a listed company is pointless. He is an owner who has grown a business over the years rather than paying a massive dividend each year.
I think most people took the view that arguing over a point which has been provided with no substance of any sort was a futile exercise, as that just leads to poop.

Your point, however, is entirely and absolutely true.
 

southlondonyiddo

My eyes have seen some of the glory..
Nov 8, 2004
12,655
15,219
Poch told us it was going to be painful

ENIC clearly didn’t agree

One knew about football matters and the other knows about balance sheets
 
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