Tottenham Takeover Talk
- Thread starter Bluto Blutarsky
- Start date
thebenjamin
Well-Known Member
- Jul 1, 2008
- 12,374
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They're going to put $750m more debt on the club? Result
Rout-Ledge
Well-Known Member
- Jul 29, 2005
- 9,682
- 21,876
Doesn’t sound great tbh.
Ron Burgundy
SC Supporter
- Jun 19, 2008
- 7,758
- 23,458
This club needs a change. From top to bottom. I’m less negative on Levy than some, but we’ve stalled for 6 seasons now.
Time for a change. Fuck knows who he is, but I’m IN
Time for a change. Fuck knows who he is, but I’m IN
Rout-Ledge
Well-Known Member
- Jul 29, 2005
- 9,682
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What are your initial thoughts?
Nick-TopSpursMan
Well-Known Member
- Aug 4, 2005
- 4,216
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When people say the grass isn't always greener, this is what they mean:
The key part of that article:
'before adding about $750mn of debt on the club’s books.'
Leveraged buy out landing us with more three quarters of a billion more debt! Absolutely naff that. Glazers mark 2.
The key part of that article:
'before adding about $750mn of debt on the club’s books.'
Leveraged buy out landing us with more three quarters of a billion more debt! Absolutely naff that. Glazers mark 2.
Rout-Ledge
Well-Known Member
- Jul 29, 2005
- 9,682
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It certainly doesn’t pass the initial smell test for me.
Saoirse
Well-Known Member
- Aug 20, 2013
- 6,165
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You do understand that this deal means we pay, as a club, about £250m to Levy and £500m to Lewis? And in return get a change to a consortium who are also explicitly about making a profit?
My personal preference is Levy stops having anything to do with football operations, but this really is not a worthwhile trade-off at all.
Nick-TopSpursMan
Well-Known Member
- Aug 4, 2005
- 4,216
- 20,522
Honestly I know people are desperate for new owners but this would be a complete disaster.
The worst possible type of new owner with a leveraged buy out. Would literally be worse than what we have now.
The worst possible type of new owner with a leveraged buy out. Would literally be worse than what we have now.
wiggo24
Well-Known Member
- Jan 5, 2013
- 5,094
- 36,825
If it's in the FT then it's been sourced and confirmed so will definitely be true. Personally agree with those saying this is the worst of all worlds - his net worth is only 3.5 billion, we'd be getting taken over by a private equity consortium for profit and profit alone.
Albertbarich
Well-Known Member
- Jul 4, 2020
- 5,291
- 20,077
It's so frustrating to have this genius of a chairman who has done the best job ever in building us off the field but he is still so so bad at the football stuff 20 years later.
We desperately need new leadership but of course as we're Tottenham we don't get anyone who care , were going to get the worst sort.
What is the fucking point
absolute bobbins
Am Yisrael Chai
- Feb 12, 2013
- 11,658
- 25,976
Every large purchase is either buying an asset with debt or taking on debt already in place. The repayment terms are all that matter.
The exception would be nation states who just don't give a damn.
For the love of Spurs
Well-Known Member
- Mar 28, 2015
- 3,454
- 11,287
If Levy truly cared about the club and not just lining his own pockets he would sell us to someone who would take care of the club and not drown it in debt. Grass is always greener doesn’t apply if the grass is looking to sell the club to vultures.
If it’s a leveraged buyout and Levy/Lewis agree then they will have been as bad owners as Sugar putting us on a route to nowhere.
THFCSPURS19
The Speaker of the Transfer Rumours Forum
- Jan 6, 2013
- 37,899
- 130,563
My analysis of this:
Would the takeover increase our chances of competing with the rest of the Top 6/7 and winning trophies?
If the answer is Yes, then I'm down.
Would the takeover increase our chances of competing with the rest of the Top 6/7 and winning trophies?
If the answer is Yes, then I'm down.
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