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Levy plans to stay long term but must consider takeover bids

Drink!Drink!

Well-Known Member
Oct 10, 2014
1,356
5,015
1. But levy isn’t just CEO he owns 30% of spurs as well. So effectively it’s a wage and a dividend.

.

So yes, no other chairmen in the league transfers as much cash from the club's funds to their own private account

I mean people can make their judgement on the arrangement one way or the other. But it jars when the leadership of the club claim there are no funds for transfers or what not, or they squeeze every single penny out of season ticket holders
 

Lighty64

I believe
Aug 24, 2010
10,400
12,476
they still spend far more than we will ever do under ENIC on transfers and wages. What about the Liverpool owners? They've surely gone through the Coutinho windfall already?

because they have all had the foundations in place for a very long time to be able to spend

yes there was no excuses not to spend heavy this season, and unlike most seasons, bar the Grealish link, we are now going to have to spend big to improve our team. the problem is the 2 attackers we went for would never of been guaranteed 1st team football, so spending way over the top was never going to happen. why we never purchased a DM or CM and too be honest a decent RB I don't know, but unless Pochettino can get us back on track, and at least grab a top 4 spot, Levy and ENIC will be the ones to feel the backlash.

so be prepared to be out of the domestic cups pretty early, and if we do fail to get out of our group in the CL and end up in the Europa, do not expect Poch to take it serious, because his main aim this season will be top 4, because we don't have the depth thanks to Levy to compete on any front
 

Lighty64

I believe
Aug 24, 2010
10,400
12,476
So yes, no other chairmen in the league transfers as much cash from the club's funds to their own private account

I mean people can make their judgement on the arrangement one way or the other. But it jars when the leadership of the club claim there are no funds for transfers or what not, or they squeeze every single penny out of season ticket holders

please tell me how much you used to pay for your season ticket, and where you was sat? and did you moan about the amount of times the club froze the ST prices?
 

VancouverSpur

Well-Known Member
Aug 26, 2010
1,380
4,081
Levy owns 30% so if someone offers 2 billion for the club or even slightly less for that matter means 30% of that is quite an incentive to sell. Not a bad ROI if you can get it.
 

jurgen

Busy ****
Jul 5, 2008
6,711
17,170
Levy owns 30% so if someone offers 2 billion for the club or even slightly less for that matter means 30% of that is quite an incentive to sell. Not a bad ROI if you can get it.

And if someone offers 2bn for a ready-made NFL stadium with a soccer club attached :wideyed:...
 

cliff jones

Well-Known Member
Aug 31, 2012
4,059
6,516
because they have all had the foundations in place for a very long time to be able to spend

yes there was no excuses not to spend heavy this season, and unlike most seasons, bar the Grealish link, we are now going to have to spend big to improve our team. the problem is the 2 attackers we went for would never of been guaranteed 1st team football, so spending way over the top was never going to happen. why we never purchased a DM or CM and too be honest a decent RB I don't know, but unless Pochettino can get us back on track, and at least grab a top 4 spot, Levy and ENIC will be the ones to feel the backlash.

so be prepared to be out of the domestic cups pretty early, and if we do fail to get out of our group in the CL and end up in the Europa, do not expect Poch to take it serious, because his main aim this season will be top 4, because we don't have the depth thanks to Levy to compete on any front

I wasn't talking about spending big in the summer; just discount the dead wood and get em off the wage bill. And invest in one quality midfielder. I love Zaha but you're right there are limits. I'd have gone for NDombele as you can still see in the player thread. Although I had a dream the other night that we didn't invest because we've already got an agreement for Rabiot next summer, hehe.

And my separate point- is there are owners out there who would take a sustainable approach, but crucially recognise that a little bit of freshening up each year creates the right dynamics in the squad. Bringing no-one in at all does not, as we're seeing.
 

shelfboy68

Well-Known Member
Jun 14, 2008
14,566
19,651
I wasn't talking about spending big in the summer; just discount the dead wood and get em off the wage bill. And invest in one quality midfielder. I love Zaha but you're right there are limits. I'd have gone for NDombele as you can still see in the player thread. Although I had a dream the other night that we didn't invest because we've already got an agreement for Rabiot next summer, hehe.

And my separate point- is there are owners out there who would take a sustainable approach, but crucially recognise that a little bit of freshening up each year creates the right dynamics in the squad. Bringing no-one in at all does not, as we're seeing.
I would imagine even our rivals along with the rest of the EPL must have thought WTF when the club decided not to enter the transfer market laughable and ridiculous in equal measure.
 

Lighty64

I believe
Aug 24, 2010
10,400
12,476
I wasn't talking about spending big in the summer; just discount the dead wood and get em off the wage bill. And invest in one quality midfielder. I love Zaha but you're right there are limits. I'd have gone for NDombele as you can still see in the player thread. Although I had a dream the other night that we didn't invest because we've already got an agreement for Rabiot next summer, hehe.

And my separate point- is there are owners out there who would take a sustainable approach, but crucially recognise that a little bit of freshening up each year creates the right dynamics in the squad. Bringing no-one in at all does not, as we're seeing.

the only thing I do disagree with is Zaha. yes he is great for Palace because he will definitely play week in week out, but the 1 thing he doesn't ever face is teams defending deep with 2 banks of 5. he is his best when he has space to drive at players with his pace, but most of the time our opponents don't give us that until we are 2 up and they are chasing and leaving space. I also worry about his attributes of going over easy at times, okay not all the time, but at times he has. that could be costly, like it was for Bale, and now Alli. we should have 4 pens this season, and I do wonder if it's down to refs now not giving us any benefit of doubt, and having someone that does dive would definitely not help.

I really hope your right about Rabiot, as I've seen him, would be happy with NDombele on what I've read, but to be honest we need someone in to replace Dembele ASAP, and if Wanyama can't get back then a DM, plus a RB
 

Metalhead

But that's a debate for another thread.....
Nov 24, 2013
25,352
38,294
it always makes me laugh when the BSoDL take pride in having a billionaire Chairman who actually doesn't spend any money, even on the infrastructure

I doubt the way he arrived at his fortune was any more ethical or any less ruthless than his counterparts who do put up their own resources
Unfortunately we have all been conditioned to worry too much about the commercial side of the club. Yes, we all want the club to be run on a sound financial footing but shouldn't we just be concentrating on wanting to see the club do well rather than getting bogged down in the intricacies of the balance sheet? I'm not an accountant, I'm a football fan.
 

wrd

Well-Known Member
Aug 22, 2014
13,603
58,005
Unfortunately we have all been conditioned to worry too much about the commercial side of the club. Yes, we all want the club to be run on a sound financial footing but shouldn't we just be concentrating on wanting to see the club do well rather than getting bogged down in the intricacies of the balance sheet? I'm not an accountant, I'm a football fan.

I said it in the summer half our fans would turn up for the open bus parade for the quarterly earnings trophy.
 

dontcallme

SC Supporter
Mar 18, 2005
33,987
81,923
I am a huge Levy fan but know he is fallible.

I am concerned about our current transfer setup.

When Levy first took over he hired a popular manager and simply gave funds to buy. When that didn’t work he hired Arnesen and an upward trajectory began. He then left and we hired Comolli who didn’t work out so Redknapp took over.

On his firing we hired Baldini and later the stats guy from Southampton.

I accept we have had set backs but it is disappointing that we don’t seem to have a system in place.

Dembele is on his way out and no replacement has been lined up.

After all this time in charge I would like to think we would have a system in place.

If we are not spending big then we need to be scouting and bringing in young players early enough to integrate into the first team.
 

Wheeler Dealer

Well-Known Member
Jul 29, 2011
6,863
12,282
Levy owns 30% so if someone offers 2 billion for the club or even slightly less for that matter means 30% of that is quite an incentive to sell. Not a bad ROI if you can get it.
Don’t believe Levy’s ENIC share is as big as 30%. I thought it was closer to 8%
 
May 17, 2018
11,872
47,993
it always makes me laugh when the BSoDL take pride in having a billionaire Chairman who actually doesn't spend any money, even on the infrastructure


It's simply amazing how he got all that land, stadium and facilities completely free-of-charge overnight.


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It makes me howl when the anti-Levy brigade seem to be under some impression that we were Man Utd under Alan Sugar :ROFLMAO:
 

RichieS

Well-Known Member
Dec 23, 2004
11,916
16,436
My issue with the stadium, we can talk about it being mega impressive but if it's true about the spiralling costs and us going hundreds of millions over budget, how much is worth it? I mean for me I feel like we could have built a similar stadium without all these extras and saved a shit load of time and money. I guess I'm wondering at what point do all these extras add up and go from being impressive to being the cause of us in shit. It will be in the long term we will find out how much it affects us on the field.
One way of looking at it is that many clubs are reliant on the absurd TV money that is currently sloshing around. I can't see any way that the levels currently seen will be maintained (let alone continue to increase) indefinitely. We will not have to spend on infrastructure for a long time now but some of our rivals may find themselves adversely affected by outdated stadia in a climate of declining revenues.

It's simply amazing how he got all that land, stadium and facilities completely free-of-charge overnight.
I have some recollection that ENIC founded a separate company, headed by Paul Kemsley, and spent the best part of £200m on the property required for our stadium scheme before transferring it all to the club. I could be wrong though.
 

yankspurs

Enic Out
Aug 22, 2013
41,883
71,188
Go back 10/15 years and you had the choice...
The ENIC/Levy way or the Abramovich/Oil Money way?
Champions League trophies, League Titles, FA/League Cups, big money signings or 1 League Cup, New Ground, New Training centre and a small net spend?
Not really a choice is there?
We will never compete financially or possibly ever win anymore trophies with these owners...
but winning trophies was never high on the list was it.
Winning trophies is still faaaaaarrrr down Levy’s list. He’s perfectly content where we are now as it makes him a load of money.
 
May 17, 2018
11,872
47,993
Winning trophies is still faaaaaarrrr down Levy’s list. He’s perfectly content where we are now as it makes him a load of money.

Because there's no value in winning trophies :rolleyes: He specifically told the squad and manager to suddenly play like shit in all the opportunities we've had (finals and semis) over the last few years, just for the purpose of "making a load of money".

As authors of such nonsense, do you ever read what you write?
 
May 17, 2018
11,872
47,993
I have some recollection that ENIC founded a separate company, headed by Paul Kemsley, and spent the best part of £200m on the property required for our stadium scheme before transferring it all to the club. I could be wrong though.

There are loads of restructure and company shifting things on Companies house which make it really hard to know who owns what (as in sub-companies under the Tottenham 'Umbrella'), why and when. One thing we know, though, is that the club owns it all and prior to the new stadium build (circa 2016?) we had absolutely no debt. We haven't accumulated enough profit as a club to clear all our debts, build all that stuff, and buy all the land we have bought without there being investment. In addition, we have to also consider the fact that DL has invested some 17 years of his life into the project, and he must be one of the busiest men alive.
 

shelfmonkey

Weird is different, different is interesting.
Mar 21, 2007
6,690
8,040
Unfortunately we have all been conditioned to worry too much about the commercial side of the club. Yes, we all want the club to be run on a sound financial footing but shouldn't we just be concentrating on wanting to see the club do well rather than getting bogged down in the intricacies of the balance sheet? I'm not an accountant, I'm a football fan.

I think the problem is not what we as fans get bogged down in, it's the fact that Levy gets boggrd down in the balance sheet!
 

cliff jones

Well-Known Member
Aug 31, 2012
4,059
6,516
Unfortunately we have all been conditioned to worry too much about the commercial side of the club. Yes, we all want the club to be run on a sound financial footing but shouldn't we just be concentrating on wanting to see the club do well rather than getting bogged down in the intricacies of the balance sheet? I'm not an accountant, I'm a football fan.

not sure where you're going with this. We have three injury prone CMs, plus Dier who's a jack of all trades. I don't count Onomah or Sissoko. Or the younger kids. We should have bought a good new one. That usually costs money. We didn't spend any. I think you can see the correlation.

Anyway, time to focus on the game. Good to see pace on both wings. Fingers crossed.
 
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