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The Daily ITK Discussion Thread 15th January 2019

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doctor stefan Freud

the tired tread of sad biology
Sep 2, 2013
15,170
72,169
Right, so now the mighty Dembele has gone, I’m assuming our transfer policy will give itself a much needed shot of viagra and roger itself silly procuring his replacement. Makes sense, doesn’t it?
 

Zoltar60

Member
Sep 26, 2005
63
96
Aren't we meant to be one of the 10 richest clubs in Europe with an owner who's a billionaire, yet we can't afford to buy one player. Something is wrong there. Even Niasse who's gone to Cardiff may have done a job for a month imo till Son is back. If we miss out on top 4 which is a real possibility it's going to cost lots more in revenue than signing a striker for £40 million.
 

worcestersauce

"I'm no optimist I'm just a prisoner of hope
Jan 23, 2006
26,891
45,041
Aren't we meant to be one of the 10 richest clubs in Europe with an owner who's a billionaire, yet we can't afford to buy one player. Something is wrong there. Even Niasse who's gone to Cardiff may have done a job for a month imo till Son is back. If we miss out on top 4 which is a real possibility it's going to cost lots more in revenue than signing a striker for £40 million.
I don't think we've had actual ITK that we can't afford one player.
 

BringBack_leGin

Well-Known Member
Jul 28, 2004
27,719
54,929
Spurs are owned (85%) by ENIC.
ENIC are owned by Joe Lewis (via Tavistock group) and Daniel Levy, 70/30 respectively.
Tavistock group have a board which consists of several directors and board members. Every significant penny invested by Tavistock in any direction will be subject to a vote by that board.

It’s not as simple as uncle Joe giving us a cash injection. He doesn’t own us, a seoerate legal person called the Tavistock group effectively does (well they own ENIC), and just because he is the major shareholder, doesn’t mean he can say ‘give Spurs £150m’ without board approval, the board is there to act in the best interests of the company with the ultimate aim of growth, and Tavistock group has many investments to think about beyond Spurs. Think of it this way, the PM couldn’t force through her Brexit deal without parliament approval, the Tavistock board is basically our parliament.

Joe could just go all benefactor on us and give us £200m to spend, but after that had the shit taxed out of it we’d be left with half.

We don’t have a billionaire owner. We are part of an investment portfolio and every act we take is subject to intense internal scrutiny.
 
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