ENIC...

[JUSTINSIGNAL]

It’s pretty simple
To see they are in it for the money and the stadium is a huge money pull, they will never spend to get us to the top

Why do we get bullshit misinformation like this? The owners don’t take any money out of the club. It’s all out there in the accounts of you want to take a look for yourself.

The reason Levy is consistently trying to increase revenue streams is to be give us more financial power to compete with the oligarchs and sheikhs. We’re a self-sustaining club - the more money we make the more we can spend.

ENIC are clearly trying to make money from the club - as they are an investment company - but the profit will only be realised when they sell the club, having raised the value of it through their tenure.

 

[Delboy75]

Meanwhile Lewis/Tavistock absolutely coining it from Lake Nona. I mean fair play to him building one of the most futuristic cities in the world no wonder it’s attracting some big names like Disney. If anyone thinks he couldn’t pump in the funds to take us to City Chelsea levels you’ve got your head buried in the sand. He easily could if he wanted to but he doesn’t.

https://www.bizjournals.com/orlando/news/2021/09/02/orlando-residential-commercial-construction.html?ana=TRUEANTHEMTWT_OR&csrc=6398&taid=61355a066edf5a000104ae4d&utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

 

[dontcallme]

Meanwhile Lewis/Tavistock absolutely coining it from Lake Nona. I mean fair play to him building one of the most futuristic cities in the world no wonder it’s attracting some big names like Disney. If anyone thinks he couldn’t pump in the funds to take us to City Chelsea levels you’ve got your head buried in the sand. He easily could if he wanted to but he doesn’t.

https://www.bizjournals.com/orlando/news/2021/09/02/orlando-residential-commercial-construction.html?ana=TRUEANTHEMTWT_OR&csrc=6398&taid=61355a066edf5a000104ae4d&utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

I don't think anyone thinks he couldn't. But I've never why people think they can choose how others spend their money.

 

[Albertbarich]

Why do we get bullshit misinformation like this? The owners don’t take any money out of the club. It’s all out there in the accounts of you want to take a look for yourself.

The reason Levy is consistently trying to increase revenue streams is to be give us more financial power to compete with the oligarchs and sheikhs. We’re a self-sustaining club - the more money we make the more we can spend.

ENIC are clearly trying to make money from the club - as they are an investment company - but the profit will only be realised when they sell the club, having raised the value of it through their tenure.

But your post doesn't go against what he wrote ?

Nobody is saying that they're taking money out left right and centre are they?

The accusation is that enic are interested in building up the portfolio of off field assets to make the club a far more attractive proposition for potential buyers with on field matters a distant second in priority.

Your point about revenue streams is a fair one but as we're nowhere near competing and haven't won a trophy for over a decade I think the criticism of them is also fair

 

[rossdapep]

Liverpool have been a massive club for decades, but they still fell away after being 1 of the top 3 clubs throughout the PL. we are nowhere near the size of that club. them and Man U sell more merchandise and have bigger sponsors and fans across the world than we could dream of.

When they fell out it took 8 years to return, they are a bigger club than us, they are the 2nd most successful club in the history of football. football existed before ENIC bought Sugar out

We got to those finals largely because of a mixture of Poch's mentality change, a bit of luck and other coaches doing well.

But taking that final step happens because you have, within your squad, players who you can turn to to get you over the line. At no point have the team ever gone into a semi final or final with great options off the bench (maybe the Legaue Cup last year)

And that's always going to be squared at the feet of Levy and the board who have refused to ensure the team have ALL THE TOOLS in order to get the win.

The FA Cup semi vs Chelsea and CL final vs Liverpool are two prime examples. Chelsea had Hazard and Costa to come on and both did.

Versus Liverpool we had Winks and Sissoko as the centre midfielders and a crocked Wanyama as the only replacement. Liverpool, who were far far far from their best, were able to bring on Milner and had depth in midfield and attack.

We on the other hand, had SEVEN defensive players, two goalkeepers, Moura, an ageing Llorente and Lamela (who was still coming back from injury) as options to try and change the game.

Imagine if we had proactive owners who decided that January that we needed more additions in attack. You never know but maybe we would have been able to fight back.

We ALWAYS reach the stage under prepared with a lack of options or injuries and what not.

 

[Goobers]

ENIC et al now have the stadium they wanted and it seems as though they have the moneyspinning events to hold there too. I believe after getting a team that regularly qualifies for the CL (as in twice every three years) that will make a massive difference. Whether that means that their approach to outlay on playing staff and managerial staff changes only time will tell.

 

[Delboy75]

I don't think anyone thinks he couldn't. But I've never why people think they can choose how others spend their money.

I think the point is owning a football club is not like owning a property company. You have 160k + paying members to entertain and keep happy. He’s had 20 years, if you’re not prepared to make a little personal sacrifice or effort then just step aside for everyone’s sake.

 

[shelfboy68]

But your post doesn't go against what he wrote ?

Nobody is saying that they're taking money out left right and centre are they?

The accusation is that enic are interested in building up the portfolio of off field assets to make the club a far more attractive proposition for potential buyers with on field matters a distant second in priority.

Your point about revenue streams is a fair one but as we're nowhere near competing and haven't won a trophy for over a decade I think the criticism of them is also fair

Think you have nailed it mate the football side isn't important to them levy even admitted that ENIC had no interest in football and it shows.
They are an asset building company which is fine for them but no good for the playing side which always suffers.
Unfortunately building up the asset needs the footballing side to be a success which at this club is sadly lacking.

 

[JUSTINSIGNAL]

Nobody is saying that they're taking money out left right and centre are they?

Yes they are. The person I was replying to is implying this, and generally many fans have this misinformed notion that this is what ENIC do.

Yes ENICs intention is to ultimately make a huge profit from their investment. But the facts are for that profit to be at its peak the club the needs to be successful on the pitch. If we are a middling club with next no hope of challenging for trophies the value of the club will suffer.

 

[Albertbarich]

Yes they are. The person I was replying to is implying this, and generally many fans have this misinformed notion that this is what ENIC do.

Yes ENICs intention is to ultimately make a huge profit from their investment. But the facts are for that profit to be at its peak the club the needs to be successful on the pitch. If we are a middling club with next no hope of challenging for trophies the value of the club will suffer.

I'd say it's debatable how much difference a champions league team makes to a sale.

If we have this amazing stadium, better transport links, a rejuvenated area and a great training ground they will still make a killing if were hanging around 7th or 8th

They maybe looking at it currently thinking the investment it would take to mount a serious challenge isn't worth it

 

[Lighty64]

We got to those finals largely because of a mixture of Poch's mentality change, a bit of luck and other coaches doing well.

But taking that final step happens because you have, within your squad, players who you can turn to to get you over the line. At no point have the team ever gone into a semi final or final with great options off the bench (maybe the Legaue Cup last year)

And that's always going to be squared at the feet of Levy and the board who have refused to ensure the team have ALL THE TOOLS in order to get the win.

The FA Cup semi vs Chelsea and CL final vs Liverpool are two prime examples. Chelsea had Hazard and Costa to come on and both did.

Versus Liverpool we had Winks and Sissoko as the centre midfielders and a crocked Wanyama as the only replacement. Liverpool, who were far far far from their best, were able to bring on Milner and had depth in midfield and attack.

We on the other hand, had SEVEN defensive players, two goalkeepers, Moura, an ageing Llorente and Lamela (who was still coming back from injury) as options to try and change the game.

Imagine if we had proactive owners who decided that January that we needed more additions in attack. You never know but maybe we would have been able to fight back.

We ALWAYS reach the stage under prepared with a lack of options or injuries and what not.

that aging striker played a big part to get to the CL Final, and even with a better back up, there's no guarantee he would have been in the same spot for the 2 vital goals that got us there. The big mistake was starting a non match fit Kane. Poch made some strange choices in matches against ops that we had beaten during the season in semi finals. That has nothing to do with Levy when at the time we was at WHL, and wasn't in a position to pay silly wages.

when it came to buying a back up for Kane there is always the hurdle of getting 1 that was willing to be a bench warmer. the top teams that can pay ridiculous fees and wages to get those players that are happy to rotate.

we also had problems selling the deadwood the summer we signed no one, and had a full 25 man squad. only 1 person left in the winter window, and yes we needed to replace Dembele, but players of his quality don't get bought in January a window that rarely sees any big transfers. the summer one Levy messed up not getting Grealish, and had he offered 20m + Onomah we might have got a deal.

the trouble is the ENIC/Levy out mob refused to believe the inquest. None of us know the whole truth whether it was Levy or Poch, but because we have never been big spenders especially during the build it's easier to blame 1 person

the one thing Levy has always been guilty of is not replacing the deadwood even if it means paying them for sitting at home and out of the squads, and an even bigger problem of not paying the the full asking price at the start of negotiations, but I don't think many clubs do, Man C have refused plenty of players because teams wouldn't drop, but if he is expected to pay full, then he should expect his selling price.

oh and by the wayPoch only made 2 January signings, 1 went back on loan, and Moura started 2 PL games and started 3 cup matches when he joined.

 

[shelfboy68]

Yes they are. The person I was replying to is implying this, and generally many fans have this misinformed notion that this is what ENIC do.

Yes ENICs intention is to ultimately make a huge profit from their investment. But the facts are for that profit to be at its peak the club the needs to be successful on the pitch. If we are a middling club with next no hope of challenging for trophies the value of the club will suffer.

We finished 7th last season and 6th the previous year so it's looking like we are going back to middling club.
As for success on the pitch and challenging for trophies in 21 years under ENIC nothing is changing.

 

[dontcallme]

I think the point is owning a football club is not like owning a property company. You have 160k + paying members to entertain and keep happy. He’s had 20 years, if you’re not prepared to make a little personal sacrifice or effort then just step aside for everyone’s sake.

That's what you want but it's not reality. No owner of any football club is under any obligation to put in their own money to the playing side of things.

 

[Goobers]

We finished 7th last season and 6th the previous year so it's looking like we are going back to middling club.
As for success on the pitch and challenging for trophies in 21 years under ENIC nothing is changing.

I would disagree with that - we have gone from existing in the top division (narrowly avoiding relegation sort fo twice) to established and probably top ten most fo the time. We have achieved top four more in their time in the previous 20 years. Regular European football (Which I am delighted about by the way having been starved of that in my youth) They will count that as huge success.

 

[ohtottenham!]

I'd say it's debatable how much difference a champions league team makes to a sale.

If we have this amazing stadium, better transport links, a rejuvenated area and a great training ground they will still make a killing if were hanging around 7th or 8th

They maybe looking at it currently thinking the investment it would take to mount a serious challenge isn't worth it

Absolutely! Increasing the value of the asset is paramount...to the point where everything else is secondary unless it helps. It's being done in many ways and forms; plenty of cold, hard calculations going into that including using the "brand value" of the asset itself to acquire loans and resultant debt, for which the asset, THFC, is ultimately responsible.

We're just football fans and Spurs supporters, and want "success" on the pitch. ENIC is a stone-cold, solid business. That's the scheme of things. There are a lot of romantic notions here about the fact that Daniel Levy is a Spurs fan; he goes to games etc., Basically, that he has our best interests at heart. Well, It's always the value of the asset he has at heart.

 

[cookiemonster]

In January 1997, ENIC bought a 25 per cent stake in Glasgow Rangers for £40 million. We were not just looking for a business growing at 10 per cent per annum,' said Levy, 'we were looking for something that was also exciting.' The excitement was purely the gamble to earn millions. There is no passion here,' said Levy, admitting that neither Lewis nor himself was particularly keen on football. This is purely financial.' Football, he believed, was commercially under-exploited, particularly in television and merchandising. Rangers' true value, he predicted, was £325 million, more than double the market price. We chose football,' Levy explained, 'because it is the most popular sport on earth and the biggest money spinner. To enhance the dream of those potential profits, ENIC bought stakes in other European football clubs: Vicenza, FC Basel, Slavia Prague and AEK Athens. The strategy rapidly soured.

 

[OnTheShelf]

We support a football club.
Levy and ENIC run a business.
There’s a profound difference.
I honestly can’t understand the cognitive dissonance on this thread.

If ‘winning trophies’ were the key to running the business of an EPL team then about 14 teams would have been wound down or without owners.
There’s literally less than a handful of teams that I can think of — vanity project, government funded and/or sports-washing — that operate outside of the ENIC model.

Having success on the field will contribute to the value of the assets that ENIC will eventually sell. However, a league or FA cup here and there is less valuable than finishing in the top 4 (or 6 perhaps) and guaranteeing European competition revenue. Levy and ENIC are making that more possible with the new stadium and increasing revenue streams.

Levy, like Kroenke, is an owner and he isn’t going anywhere unless you and your disgruntled mates chip in 2 billion or more to buy him out — that being the start of it because the fans want you to kick in another hundred mill a year to keep up with an a bunch of oil-rinsed, financial cheats.

Chances are whomever ENIC sells to will offer more of the same while we dream of Jeff Bezos kicking in his billions for shits and giggles. For full disclosure, some years ago, I wrote to Bezos and Zuckerberg begging them to buy — no response as of yet. The last couple of years, I’ve become ‘mates’ with a minority EPL owner and have met some of his co-owners. As I’ve said before, they’re not fanboys. They don’t love the game. They don’t love the club they purchased. They don’t debate who is better — Messi or Ronaldo. They are simply investors in what they see as a growth business.

 

[shelfboy68]

I would disagree with that - we have gone from existing in the top division (narrowly avoiding relegation sort fo twice) to established and probably top ten most fo the time. We have achieved top four more in their time in the previous 20 years. Regular European football (Which I am delighted about by the way having been starved of that in my youth) They will count that as huge success.

Sorry mate they might count that as success but finishing 3rd or 4th doesn't show up on your clubs roll of honour.
For me success is tangible you are either successful or your not and we are in the not camp it's that simple.

 

[topper]

We support a football club.
Levy and ENIC run a business.
There’s a profound difference.
I honestly can’t understand the cognitive dissonance on this thread.

If ‘winning trophies’ were the key to running the business of an EPL team then about 14 teams would have been wound down or without owners.
There’s literally less than a handful of teams that I can think of — vanity project, government funded and/or sports-washing — that operate outside of the ENIC model.

Having success on the field will contribute to the value of the assets that ENIC will eventually sell. However, a league or FA cup here and there is less valuable than finishing in the top 4 (or 6 perhaps) and guaranteeing European competition revenue. Levy and ENIC are making that more possible with the new stadium and increasing revenue streams.

Levy, like Kroenke, is an owner and he isn’t going anywhere unless you and your disgruntled mates chip in 2 billion or more to buy him out — that being the start of it because the fans want you to kick in another hundred mill a year to keep up with an a bunch of oil-rinsed, financial cheats.

Chances are whomever ENIC sells to will offer more of the same while we dream of Jeff Bezos kicking in his billions for shits and giggles. For full disclosure, some years ago, I wrote to Bezos and Zuckerberg begging them to buy — no response as of yet. The last couple of years, I’ve become ‘mates’ with a minority EPL owner and have met some of his co-owners. As I’ve said before, they’re not fanboys. They don’t love the game. They don’t love the club they purchased. They don’t debate who is better — Messi or Ronaldo. They are simply investors in what they see as a growth business.

Need to change your style of prose - try:
‘Oi Jeffrey less of that space malarkey, get your multi billion dollar arse down to N17 and buy my club or it’s the last time I subscribe to Amazon Prime’

let me know if it works

 

[DiVaio]

In January 1997, ENIC bought a 25 per cent stake in Glasgow Rangers for £40 million. We were not just looking for a business growing at 10 per cent per annum,' said Levy, 'we were looking for something that was also exciting.' The excitement was purely the gamble to earn millions. There is no passion here,' said Levy, admitting that neither Lewis nor himself was particularly keen on football. This is purely financial.' Football, he believed, was commercially under-exploited, particularly in television and merchandising. Rangers' true value, he predicted, was £325 million, more than double the market price. We chose football,' Levy explained, 'because it is the most popular sport on earth and the biggest money spinner. To enhance the dream of those potential profits, ENIC bought stakes in other European football clubs: Vicenza, FC Basel, Slavia Prague and AEK Athens. The strategy rapidly soured.

C0an you find the real source of where he said this? The book about how bad are english football isn't real source at all.