Does it? I’m not very knowledgeable about this kind of thing, but the stadium alone must account for a massive chunk to any new buyers?
Tottenham Takeover Talk
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Does it? I’m not very knowledgeable about this kind of thing, but the stadium alone must account for a massive chunk to any new buyers?
Bluto Blutarsky
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I can’t imagine anyone with £4.5B coming in and saying: “Carry on! Don’t mind me, I’ll just be sitting quietly in the background!”
Bluto Blutarsky
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Spurs still have a lot of development potential. The revenue streams on top of the football revenue streams are full of potential - hotel plus development of surrounding real estate.
Bluto Blutarsky
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I do sort of expect Levy to stay on if there is a sale, and potentially Levy would maintain his ownership percentage in the club.
Impspur1
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As with the levy debate it’s never black and white. We will only know if it’s a positive after it’s actually happened and we see where we are heading. Maybe somewhat nievely I do believe that Levy would only sell to an owner with our best interests at heart.
I though that too, but with United needing to drop £1b - £2b on the stadium and training gound, plus having £5-£600 million on dead debt hanging around their shoulders.
We're prime for a new owner to simply come in and drop a large wedge on transfers and still be the right side of PSR.
Others have said we have a lot of developments plans lined up (womens training ground, hotel, extreme sports centre, health centre, a gazlion new homes) but I dont know who owns them and if the club would they be part of the deal? or sold separately?
I think lilywhite house was sold in a land/debt swap to help kick start the stadium.
Hazelton
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That's what worries me.
mil1lion
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It depends on the owner. Not all are oil rich looking to sportwash. No ownership lasts for ever so there will be a point where it has to happen. Now is probably the best time now we have the football hierarchy in place. End of the day we've had the same owner over 20 years which is not very common.
A fantastic businessman but i'd be delighted if he had pretty much zero say in football terms if this is all true.
our motto is to dare is to do. Follow that.
Bluto Blutarsky
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I was under the impression that those properties were technically owned by Tottenham Hotspur Limited - via various subsidiaries which are wholly owned by THL.
SirHarryHotspur
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Correct , for every Tottenham Hotspur company listed on Companies House click on "people" then click on "persons with significant control" and up comes.
1 active person with significant control / 0 active statements
Tottenham Hotspur Limited ACTIVE
Correspondence address Lilywhite House, High Road, London, England, N17 0BXNotified on6 April 2016
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DogsOfWar
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If the new owner believes Levy can continue increasing turnover etc at the rate he has over the last 20 years they will.
They might bring in a new DoF and first team manager to ensure success on the pitch but there may not be too many Chairman of football clubs that can deliver the financials Levy has.
phil
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THFC used to own a considerable amount of land on both sides of the High Street but sold most of its holdings on the east side of the High Street (between the High Street and Railway station) to ENIC to help fund the stadium construction.
We obviously don't know at this time whether the rumoured investment will be in Tavistock Group (the Lewis family trust that is the majority owner of ENIC), ENIC or THFC.
If Uncle Joe is worried about a swingeing fine as a result of the insider trading case, he may well look for outside investment in Tavistock. Incidentally, his handing over control in Tavistock to a family trust will not protect Tavistock from the US judicial authorities as the change happened after the insider trading offences. As he has already pleaded guilty to the charges, I suspect that he may already know the sentence as a result of plea bargaining.
The planned development of the eastern side of the High Street will require massive investment. Selling a 25% stake in ENIC to fund the project would make a lot of sense. A pro-rata dilution of 25% in Tavistock and DL's holdings in ENIC would have little effect on THFC (Tavistock would still own a majority of the ENIC shares).
If the rumoured investment were directly in THFC, it would be interesting to see what the money would be used for. As others have posted, DL is unlikely to pay off the stadium debt early (it really wouldn't make financial sense). The investment could be use to finance the construction of the hotel and new dwellings. I think it highly unlikely that a significant amount would go towards the transfer budget. It is just not Daniel's way.
Albertbarich
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Beyond the hotel and a stadium sponsorship deal what else do the club have to focus on apart from on the pitch?
What I mean by that is we are running out of ways to extend our revenue beyond growing the fanbase and that growth is imagine has to come largely internationally. Now sure you can help it grow through tours but winning is the way to do it.
That gives me hope that whoever is the owner they will have to start really competing at the top if they want bigger revenues.
What I mean by that is we are running out of ways to extend our revenue beyond growing the fanbase and that growth is imagine has to come largely internationally. Now sure you can help it grow through tours but winning is the way to do it.
That gives me hope that whoever is the owner they will have to start really competing at the top if they want bigger revenues.
SirHarryHotspur
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Are you getting east and west mixed up , High Road West project is a mainly a Haringey Council Project , THFC (ENIC) do own some properties the largest being the Goods Yard north of WHL.
Spurs’ Landholdings around the Stadium
The website of Private Eye magazine has a very useful map with details of all property acquired by overseas companies between 2005 and July 2014. It is at This tells us more about the War b…
haringeydefendcouncilhousingblog.wordpress.com
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thebenjamin
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We can absolutely spend big.
felmani26
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If the new UEFA 'squad cost ratio' rules supersede the current PSR rules then our transfer & wage spend will be as a % of turnover which the Premier League apparently want this as high as 85% as opposed to UEFA's 70%.
With our multi revenue stream business model, that makes a huge incentive for prospective buyers you would feel.
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