Tottenham Hotspur takeover called off by US group Cain Hoy

[gusrowe]

Lets move on.

Read the full article at The Guardian

 

[TottenhamMattSpur]

I've a horrid feeling they'll buy someone else and surpass us.

 

[Smokinhotspur]

Hardly a surprise if the valuation was anywhere near the 1bn quoted.

 

[orlandinho]

I've a horrid feeling they'll buy someone else and surpass us.

With financial fair play rules in place, it is not as easy to just buy to the top. Chelsea got lucky ten years ago and Man City spent enough money just in time. Although City already had to sell a player this summer to comply with the rules.

And even if a club spent a lot of money, there is no guarantee for success. Let's just assume someone buys Newcastle (potentially big club that should be able to attract money-grabbing mercenaries... ahem... good players). Who would they buy that would make them better while still complying with financial fair play? Look at what clubs have spent the last few transfer windows and what they got in return. Under financial fair play, owners can only throw a certain amount of money at a team, without falling foul of the rules. Let's assume an owner can pump an extra 30 million into a club. That's what ManU paid for Luke Shaw. He can certainly become a great player over time, but it's not as if 30 million buys you a talent that will transform your team over night (as our own two big transfers from last summer clearly show). 30 million basically buys potential nowadays, especially for teams that are not yet established at the top, like Chelsea or Man City.

 

[Roynie]

It strikes me that Cain Hoy just wanted some cheap advertising. They were only formed this year and no one had heard of them until now. I don't believe it was a serious bid.

 

[slartibartfast]

With financial fair play rules in place, it is not as easy to just buy to the top. Chelsea got lucky ten years ago and Man City spent enough money just in time. Although City already had to sell a player this summer to comply with the rules.

And even if a club spent a lot of money, there is no guarantee for success. Let's just assume someone buys Newcastle (potentially big club that should be able to attract money-grabbing mercenaries... ahem... good players). Who would they buy that would make them better while still complying with financial fair play? Look at what clubs have spent the last few transfer windows and what they got in return. Under financial fair play, owners can only throw a certain amount of money at a team, without falling foul of the rules. Let's assume an owner can pump an extra 30 million into a club. That's what ManU paid for Luke Shaw. He can certainly become a great player over time, but it's not as if 30 million buys you a talent that will transform your team over night (as our own two big transfers from last summer clearly show). 30 million basically buys potential nowadays, especially for teams that are not yet established at the top, like Chelsea or Man City.

Cant agree mate. We're not talking about pumping an extra 30m in. Small potatoes. These big boys invest hundreds of millions every window. If you waste 30m on a Carrol or Lamela so what? Get another one next window.
You can even buy players you don't want just so no one else has them.
Money talks and bullshit walks.
Man U have not been investing in the team anywhere near the same as 10 years ago and look at them. Liverpool the same. Chelsea and City spend millions and they surpass them.
There's never been a team who've had any serious success over recent years without spending more than most. And theres never been any team spend more than most and not be a success.
Ffp is a joke and there are ways around it. Sponsorship etc.
Imo it was only brought in to prevent any other clubs pissing on the status quo. Certainly not to give every club a chance by making an equal playing field.
If these billionaire's had taken over Man U, Barca, RM, Inter etc instead of Chelsea, City, PSG etc do you think ffp would exist? Not bloody likely imo. Uefa didn't give a shit while all was well when these clubs were spending 10 times more than every other fucker and winning year on year.
I cant see ffp doing shit or anyone achieving anything without massive financial backing.

 

[vdv]

thats about right, anything potential good for us will always fall through....it's the spurs curse.

 

[CrazyHeart]

I know why they pulled out... they saw the Sunderland game, saw our own goal and yelled "Kane! Hoy!" and left.

 

[TottenhamMattSpur]

Rich teams will find ways of side stepping FFP. City for instance effectively sponsored themselves with a massive deal.

 

[mawspurs]

Rich teams will find ways of side stepping FFP. City for instance effectively sponsored themselves with a massive deal.

Sad, but it seems that's true.

Makes a mockery of the whole thing.

 

[parj]

It strikes me that Cain Hoy just wanted some cheap advertising. They were only formed this year and no one had heard of them until now. I don't believe it was a serious bid.

Someone i work with said they were formed just before they announced the Tottenham interest and that they believed it was a cheap advertising stunt too. Anyone want to form an investment fund interested in buying Liverpool...we can later say we pulled out cos they shite