Tottenham Takeover Talk

neilp · Feb 15, 2023

dovahkiin said:
BEN is saying 'not true' over on ftl, dont know how itk he would be on this

Thanks, my chips now taste of piss.

Bluto Blutarsky · Feb 15, 2023

Trotter said:
Disagree.
Bid will be for Tottenham not ENIC.
Anything owned outside of the books of Tottenham Hotspur FC and it’s subsidiaries will be out of scope, and the “planning permission” has no significant value

Sorry I assumed you actually read the financials. The club hold those interests, not ENIC. And, having "planning permission" does hold value - as it firms up the ability to actually realize the monetary value of development, rather than an intangible concept of development.

cider spurs · Feb 15, 2023

Wick3d said:
Big 100% on the data analytics. Perhaps a potential job for me as I'd love to work for THFC.

And just exactly where do you expect to serve this cheese. :sneaky:

Nick-TopSpursMan · Feb 15, 2023

Stuart Leathercock said:
Quite a shabby training base in Cobham? That isn't true at all. Their training ground is very good.

Chelsea also have higher revenues overall than we do. We clearly have the edge on Chelsea for match day revenue. Chelsea clearly have the edge on us for Commercial revenue.

The valuations of THFC and Chelsea should be broadly similar.

Wrong. Our matchday revenue AND commercial revenue were both higher than Chelsea. Their overall revenue was only higher due to being in the CL for that season while we were in the Conference league.

Our base revenues are now higher than Chelsea. On an even footing (ie. both in CL or both not), we have higher revenue than them.

We also have a £1 billion plus asset, our brand new stadium.

felmani26 · Feb 15, 2023

dovahkiin said:
BEN is saying 'not true' over on ftl, dont know how itk he would be on this

This needs to be more nuanced from BEN

Nick-TopSpursMan · Feb 15, 2023

BEN says not true, so he must have ITK on the investors then lol

chas vs dave · Feb 15, 2023

Nick-TopSpursMan said:
BEN says not true, so he must have ITK on the investors then lol

What element is not true? The bid? Levy wanting to stay? The existence of a cheese room?

Ravenyonaz · Feb 15, 2023

Stuart Leathercock said:
It's via bonds with average maturities of 20 years but you're close enough for this place....

Boehly and co paid £2.5b for Chelsea.

Was that amount including or excluding the dept to its former owner?

Bluto Blutarsky · Feb 15, 2023

dovahkiin said:
BEN is saying 'not true' over on ftl, dont know how itk he would be on this

This falls under the category of "ITK we don't like" - so obviously then, more salt required... ?

Its inversely proportional - the less you like the ITK, the more salt that should be applied!

Timberwolf · Feb 15, 2023

dovahkiin said:
BEN is saying 'not true' over on ftl, dont know how itk he would be on this

Pretty hard to see potential investors from up his tree tbf.

Ravenyonaz · Feb 15, 2023

wrd said:
I understand a succession plan but demanding anything beyond that would be ridiculous if true. If you’re gonna sell control of the club you don’t get to keep power.

He might keep his ca. 30%, but he would only keep his position as CEO if the majority of the shareholders wanted him to.

Spursmatty87 · Feb 15, 2023

RuskyM said:
Having people with no footballing experience would be worse than having Levy for a while longer imo. Ideally you’d have someone with experience who won’t Levy it but ideally we’d have won the Champions League in 2019 and I’d still be on a bender.

Or someone with no experience would look to employ the best football people they could get to help.

CantSmileWithoutYou · Feb 15, 2023

glacierSpurs said:
Come on, bidding war with QSI!

I read this as KSI...

CerfBlanc · Feb 15, 2023

dovahkiin said:
BEN is saying 'not true' over on ftl, dont know how itk he would be on this

Sorry for my ignorance, but who is BEN on ftl?

chas vs dave · Feb 15, 2023

Spursmatty87 said:
Or someone with no experience would look to employ the best football people they could get to help.

Like employing a serial winner as a head coach?

DenverSpur · Feb 15, 2023

Saoirse said:
If I'm reading it right it would be a partially leveraged buyout landing us with a huge debt, the owners would be investors rather than sugar daddies, and we'd still have Middle East links anyway? Genuinely sounds like the worst of all worlds?

You may be right but it doesn’t seem to suggest that in the FT report.

Stuart Leathercock · Feb 15, 2023

Ravenyonaz said:
Was that amount including or excluding the dept to its former owner?

It doesn't matter.... They paid £2.5b to aquire Chelsea FC with zero debt. That is the equivalent of paying £3.25b to aquire THFC with no debt.

Marty · Feb 15, 2023

JonnySpurs said:
Here was me thinking I was the only Suns and Tottenham fan that existed. Nobody else can be as happy to be a tortured fan as me, surely?

tobi said:
I've been a Suns fan since the Seven Seconds or Less era (Joe Johnson's last season or two), Steve Nash was my favourite player.

Book is now No.1 in my heart.

Surely as Spurs fans there's only one NBA franchise you could possibly be allowed to support...

DenverSpur · Feb 15, 2023

thebenjamin said:
They're going to put $750m more debt on the club? Result

As I read it the $750M debt refers to the debt we already have from the loans for the stadium.

Tezza1978 · Feb 15, 2023

dovahkiin said:
BEN is saying 'not true' over on ftl, dont know how itk he would be on this

Can't see that the Financial Times would run a story like this if it wasn't true, with other papers following. This isnt a story from some crappy agrregator on Twitter

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