ENIC...

Lighty64

PC huh what a joke, avatar changed
Joined
Aug 24, 2010
Messages
9,698
Think you may find the phrase is "grammatical errors" (but what do I know)

At this moment the last thing I care about is whether the club survives or not or who they buy - more whether the pandemic is going to kill somebody I know and hoping I don't get it

So when people on low salaries, in unstable jobs, are already worried about death and then find they lose salary to boot it does upset me and a lot of others

If the PL clubs are struggling, then that is their own fault for producing a league of mediocrities, individualy paid more than my entire consultant department will earn in a lifetime

If the PL suffers and has to stop staring at it's own navel, producing a product people can afford and Sky/BT/Amazon realises how much they have overpaid after all this - that will be good
totally agree at the moment lives are billion+% more important than anything

if a low earner is now getting 80% for doing nothing and spending nothing because they can't travel to work, they don't need to buy food while at work then the lowest earners will still be better off than those having to claim UC and really struggle, but being at home and hopefully staying at home they are steering clear of this virus, and hope anyone in their household also avoids catching it.

hopefully, if the players make an agreement then the staff will get their 20% back, but I hope it's only those that have gone on the government scheme. the higher earners can still survive on the 20%, and realistically Levy should take a higher % drop than the 20%. if the players agree to a 30% then so should Levy and the other directors.
 

Archibald&Crooks

Aegina Expat
Admin
Joined
Feb 1, 2005
Messages
48,263
He is even on record as saying that in the days he invested in Rangers, he said ENIC have no interest in football, just they feel the price of football clubs were under-valued in the market at that time, and he could exploit that. Not specifically in those words but that ballpark, but cannot be bothered to find the actual quote, think A&C posted the interview on here a while ago.
As you say........Basically in the interview Levy said neither he nor Lewis had any passion for football, that their interest was purely financial, football was under exploited and they are involved in football because it is the most popular sport therefore biggest money spinner.
 
Last edited:

Vinny_Sammways_left_peg

Well-Known Member
Joined
Sep 1, 2014
Messages
8,899
When I first read it, it didn’t read exactly like a conversation you’d have with someone and I thought it made up. Who knows though, it might just be my natural scepticism.
It's probably just mine. I will say though, I think we're in that publications cross hairs. Everyone needs a hobby.
 

Trix

Well-Known Member
Joined
Jul 29, 2004
Messages
6,735
If that is a genuine conversation between two actual real-life human beings and not one person badly writing an imagined conversation in his head for money i will eat my legs, both of them. Not that I'd want to cast aspersions on the integrity of www.football365.com and... Johnny Nic of course.

Absolutely this. Yeah just get the PL or PFA to say no money for anyone for 3 months and put it all into a good causes pot. As I've said before a lot of players would be ruined financially if this were to happen. They don't all earn millions a year not even at PL clubs. They still have mortgages and businesses outside of football, and many of them have staff working for them that still need to be paid. This so called player source is either a complete moron(and considering he apparently gives all his money to charity doesn't sound like he is), or he doesn't exist. My money is very firmly on the latter.
 

tototoner

Staying Alert
Joined
Mar 21, 2004
Messages
26,143
On a lighter note


Worth reading although long(ish)

Working as a medic in the NHS and seeing what is happening on the ground and the lack of personal protection, with patients dying or critically ill and reports of doctors and nurses, and other staff dying puts things into perspective.

Finding some of the most important and undersung staff have been cut to the bone over the last decade and often paid minimum wage. Yet these are amongst the most important to keep the service running - domestics & cleaners, washroom, sterile services, medical physics, secretaries, healthcare assistants, IT staff, pharmacy, porters, post-room, parking attendants, drivers, etc. All terrified but carrying on. But still, the lowest paid - and all in the front line and at high risk.

What Levy (and the buck stops with him and him alone) has done may well have been the pragmatic thing to do but morally it stinks and will have profound long term repercussions. What should have happened was the directors all announcing they were giving up their pay OR they were donating all their salaries to essential services for the next 3 months, and Mourinho & Co cajoled into doing the same. They should have announced they want their highest-paid players to do the same and pushed the PFA publically to speed this up.

We are now seen as the bad guys regardless of whether this was pragmatically correct and it will be remembered long term by everybody. And they will dine out on it for a long time. The arguments about a business surviving are nonsense as most PL football clubs highest expense is the first team players and the manager/directors. In addition, they are saving a fortune in bonuses and appearance money as well as some of the day to day expenses to run the football club eg paying for food and drink.

Saving a couple of million out of a total budget of half a billion is pitiful - it smacks of the same logic as our NHS middle managers who need to leave a mark somehow - so they stopped diaries, calendars, pens, water fountains, coffee, milk, etc - and saved a few thousand. Presenting it as a tremendous victory and a mark of their supreme skills before they leave to destroy another NHS team elsewhere.

Levy is no better - and with his Cambridge graduate brain the size of a planet - should have known better. He is tarnished forever and as a result, so is our club.

In these extraordinary times, we should be doing our bit rather than habitually penny pinching.
Troy Deeney or Mark Noble I reckon, surely the guy wouldn't have just made up an imaginery friend
 

Wsussexspur

Well-Known Member
Joined
Oct 2, 2007
Messages
5,706


Tottenham and Newcastle closed for business
Tottenham and Newcastle have disabled email accounts and confiscated phones and laptops to prevent staff who have been furloughed from doing any work, which would breach the terms of the Coronavirus Job Retention Scheme, which both clubs are using to claim money from government to pay wages.
There is bemusement at other clubs at their decision to shut their scouting analysis, as remote video analysis of past matches can still be conducted during the shutdown, and many of their rivals have actually beefed up their recruitment operations with a view to being ready to do business when the transfer window eventually opens later in the summer.


Tottenham's coronavirus cost-cutting
Tottenham's controversial decision to furlough 550 non-playing staff this week was based on the need to cut costs in the event of a worst-case scenario of the club not being able to stage any matches for the rest of the year.
Tottenham are losing more money than any other Premier League club at the moment due to the revenue generated by their new stadium, with match-day takings of around £5m, so chairman Daniel Levy acted swiftly to protect the business in the event of a lengthy shutdown.
 

Ghost Hardware

Well-Known Member
Joined
Aug 31, 2012
Messages
8,374


Tottenham and Newcastle closed for business
Tottenham and Newcastle have disabled email accounts and confiscated phones and laptops to prevent staff who have been furloughed from doing any work, which would breach the terms of the Coronavirus Job Retention Scheme, which both clubs are using to claim money from government to pay wages.
There is bemusement at other clubs at their decision to shut their scouting analysis, as remote video analysis of past matches can still be conducted during the shutdown, and many of their rivals have actually beefed up their recruitment operations with a view to being ready to do business when the transfer window eventually opens later in the summer.


Tottenham's coronavirus cost-cutting
Tottenham's controversial decision to furlough 550 non-playing staff this week was based on the need to cut costs in the event of a worst-case scenario of the club not being able to stage any matches for the rest of the year.
Tottenham are losing more money than any other Premier League club at the moment due to the revenue generated by their new stadium, with match-day takings of around £5m, so chairman Daniel Levy acted swiftly to protect the business in the event of a lengthy shutdown.
We've closed our scouting department? I missed this news, assuming it had been mentioned before. Obviously now there is more important things at stake then football or transfers, but one would hope we would still have one eye on the future of the club when football does eventually return. Aside from it being a job that can actually be done in the current situation. I really wonder what is going to happen to the club in the coming years.
 

swarvsta

Well-Known Member
Joined
Jul 25, 2008
Messages
590
The furlough scheme is there to mitigate against redundancies, which is how it’s being used.

In terms of the players, the club literally cannot furlough a player from £5-10m per year down to £30k per year (the furlough maximum) until there is a unilateral agreement between players union, league, clubs and potentially government. The furlough has been implemented because there is a legal means by which to do it. Player salary cuts has not because there isn’t. Anybody making out that they don’t understand this simple concept is being deliberately obtuse.

Person being moved from £30k to £24k or £25k to £20k or even £20k to £16k is a net difference if £200-£300 per month each time, with living expenses massively reduced in that time too and if necessary, mortgage holidays and rent reliefs etc. Furloughing any footballer in the top flight wouldn’t be putting them on 80% of salary, it would be putting them on less than 1% of salary. It can’t be done without an agreement in place at the top level, otherwise when all this is done every player will sue their way out of their contract and go to whoever they want for free.

The reverse-elitism in this thread is ridiculous.
You are completely missing the point. Again.

I didn’t say the club should furlough the players. I said they should also have looked at a wage cut. The players are not playing and they are basically on holiday - so a 20% pay cut would be fair. Players at other clubs have accepted pay cuts of up to 70%

By accepting just a 20% cut, it would have allowed the club to help the staff at the lower end of the pay scale. It would have been a really positive step, and set an example of a family culture within the club.

At my company, we have various ‘levels’ of staff. The highest level who all earn 6 or 7 figure salaries have all taken a small pay cut, which has then been passed down to those in level 1 and 2 - who are having to go into the office during this difficult (and somewhat dangerous) time. They are all receiving a 30% salary INCREASE.

This move has created an incredible positive response. The feeling around our business has been one of ‘we all look out for one another’ during times of need. I am really proud of the decisions we have made, despite it not helping me financially.

We are huge multinational financial services company. Typically looked upon as a greedy, corporate from the outside. We have done the same for clients. Waiving all fees when it will help them most.

We will lose hundreds of millions with these choices. But we have played the long game. We have made choices that are not based purely on immediate finances. We will survive this crisis financially, so other factors have become more important.

The club will easily survive this crisis, too. But they have NOT looked at the bigger picture, and they will lose out because of it.
 

sausage

Elongated Member
Joined
May 17, 2018
Messages
3,055
He is even on record as saying that in the days he invested in Rangers, he said ENIC have no interest in football, just they feel the price of football clubs were under-valued in the market at that time, and he could exploit that. Not specifically in those words but that ballpark, but cannot be bothered to find the actual quote, think A&C posted the interview on here a while ago.
As you say........Basically in the interview Levy said neither he nor Lewis had any passion for football, that their interest was purely financial, football was under exploited and they are involved in football because it is the most popular sport therefore biggest money spinner.
Yet he was a season ticket holder before they owned the club.

I would believe JL and "ENIC" aren't interested in football, but I don't believe it for DL for a second. Plenty of evidence against it.


One example from approx 20 years ago:

"Tottenham have been his passion from boyhood and he has long been a season-ticket holder. In the early 1990s he turned to Lewis, a long-term family friend, for backing to help him combine those two interests."
 

thekneaf

Well-Known Member
Joined
Jan 18, 2011
Messages
1,147
We've closed our scouting department? I missed this news, assuming it had been mentioned before. Obviously now there is more important things at stake then football or transfers, but one would hope we would still have one eye on the future of the club when football does eventually return. Aside from it being a job that can actually be done in the current situation. I really wonder what is going to happen to the club in the coming years.
There's no confirmation we've furloughed anyone at all.
 

Archibald&Crooks

Aegina Expat
Admin
Joined
Feb 1, 2005
Messages
48,263
Yet he was a season ticket holder before they owned the club.

I would believe JL and "ENIC" aren't interested in football, but I don't believe it for DL for a second. Plenty of evidence against it.


One example from approx 20 years ago:

"Tottenham have been his passion from boyhood and he has long been a season-ticket holder. In the early 1990s he turned to Lewis, a long-term family friend, for backing to help him combine those two interests."
A potted biography by a journalist? That's evidence and actual quotes from the man himself are discarded/disbelieved? OK :D
 
Last edited:

LeSoupeKitchen

Well-Known Member
Joined
Aug 18, 2011
Messages
2,207
You are completely missing the point. Again.

I didn’t say the club should furlough the players. I said they should also have looked at a wage cut. The players are not playing and they are basically on holiday - so a 20% pay cut would be fair. Players at other clubs have accepted pay cuts of up to 70%

By accepting just a 20% cut, it would have allowed the club to help the staff at the lower end of the pay scale. It would have been a really positive step, and set an example of a family culture within the club.

At my company, we have various ‘levels’ of staff. The highest level who all earn 6 or 7 figure salaries have all taken a small pay cut, which has then been passed down to those in level 1 and 2 - who are having to go into the office during this difficult (and somewhat dangerous) time. They are all receiving a 30% salary INCREASE.

This move has created an incredible positive response. The feeling around our business has been one of ‘we all look out for one another’ during times of need. I am really proud of the decisions we have made, despite it not helping me financially.

We are huge multinational financial services company. Typically looked upon as a greedy, corporate from the outside. We have done the same for clients. Waiving all fees when it will help them most.

We will lose hundreds of millions with these choices. But we have played the long game. We have made choices that are not based purely on immediate finances. We will survive this crisis financially, so other factors have become more important.

The club will easily survive this crisis, too. But they have NOT looked at the bigger picture, and they will lose out because of it.
That's great your company did that.

Don't get too frustrated with the argument though - the post you've responded to is genuinely the most ridiculous one I've read on SC.
 

homer hotspur

Well-Known Member
Joined
Dec 7, 2014
Messages
1,342
We've closed our scouting department? I missed this news, assuming it had been mentioned before. Obviously now there is more important things at stake then football or transfers, but one would hope we would still have one eye on the future of the club when football does eventually return. Aside from it being a job that can actually be done in the current situation. I really wonder what is going to happen to the club in the coming years.
Scouting sugests the possible purchase of players. I think this is going to be a faint hope for the next 12 months. The funds just won't be there.
 
Top