ENIC...

[BringBack_leGin]

Nepotism never works.

Where’s the nepotism?

 

[dontcallme]

Where’s the nepotism?

Levy is Joe Lewis’s son.

That or he doesn’t know what nepotism is.

 

[shelfboy68]

If this article has the correct information and he really wants 3.5 billion , when United are valued at just over 3 billion, then its obvious he has no intention of selling. We must therefore accept that the self financing model will continue ad infinitum. We will be unable to compete with the top four financially for probably another three or four seasons when the increased revenue streams from the stadium will start to mean something after repaying the losses due to Covid.
That presumes that the stadium will be sold out for all the league games .and there's the rub, lack of team investment will inevitably lead to mediocre teams which will lead to smaller crowds, and lower tv revenue. So unless we discover a real golden generation of young players our chances of winning anything in the foreseeable future are remote. But at least we wont go bust.

I think this is the most likely scenario for the future bang average team, dwindling crowds, but at least ENIC can get money from NFL and other events to keep the turnover going

 

[Albertbarich]

I think this is the most likely scenario for the future bang average team, dwindling crowds, but at least ENIC can get money from NFL and other events to keep the turnover going

This is a genuine question to others and not a dig.

Financially would it make more sense for enic to service the stadium debt for say 2 or 3 years with the team drifting in mid table so that they can get more money for themselves off a potential sale than it would be to seriously invest in the team?

 

[Delboy75]

That article is absolute rubbish in regard to not staging fight if in CL actually laughable. Pitch was under stand for 10 days with NFL and was perfect. There’s literally zero risk that’s the whole point.

 

[shelfboy68]

This is a genuine question to others and not a dig.

Financially would it make more sense for enic to service the stadium debt for say 2 or 3 years with the team drifting in mid table so that they can get more money for themselves off a potential sale than it would be to seriously invest in the team?

Good question I suppose it comes down to what they really want but would they get as much for a mid table side or would it be better to sell being top four and challenging not that we will.

 

[BringBack_leGin]

That article is absolute rubbish in regard to not staging fight if in CL actually laughable. Pitch was under stand for 10 days with NFL and was perfect. There’s literally zero risk that’s the whole point.

Haven’t clicked it but as it’s the telegraph and it’s anti Spurs… is it Matt Law?

 

[Cream]

Levy is Joe Lewis’s son.

That or he doesn’t know what nepotism is.

Son in law

 

[Metalhead]

Haven’t clicked it but as it’s the telegraph and it’s anti Spurs… is it Matt Law?

It mentioned that the Telegraph 'believes' that an offer was made, which doesn't exactly sound concrete. That being said, I do think that it's highly likely that Levy is reluctant to sell.

 

[Archibald&Crooks]

Son in law

I reckon he's his actual Son. And not the Heung-min variety either

But...........Son, son in law, step son.............Does it matter? We have enough to complain about where R2D2 is concerned without this stuff.

We shouldn't care less about the products of his evil seed

 

[Delboy75]

Haven’t clicked it but as it’s the telegraph and it’s anti Spurs… is it Matt Law?

Yeah it’s Matt Law. Can’t actually believe he’s insinuating that if we were in CL we couldn’t host the fight cause turnaround to a Wednesday night be to quick. But a Thursday is ok haha.

 

[Wheeler Dealer]

Whilst ENIC are not blameless for our 20 years without any serious silverware, I believe that Sugar's era is much more responsible and culpable than we are giving thought to. During Sugar's 10 years, there was much more of an even playing field, no Oligarch's or oil rich states with limitless budgets. Sugar had the opportunity during his time to sensibly invest into a stellar manager and a stellar squad, but on both accounts failed miserably. ENIC took charge at the blackest of periods, with Campbell pissing off and a squad than contained the likes of Sullivan, Perry, Thatcher, Doherty, Freund and Sherwood. I could list more shite but I wont.
ENIC inherited a poor, aging squad and then spent 2-3 seasons experimenting with managers and transfer strategies until they sought improvement under Jol. The problem being, is that just as we were finding our way Abramovich and latterly the Abu Dhabi oil barons changed the football landscape completely, and we were blown away with their spending power that translated into championship winning teams. Now, we had two teams to compete with on a different planet as well as the historical threat coming from Arsenal, United and Liverpool. With 5 teams, arguably better than us, it has then made winning silverware that much tougher and we have been fortunate to enjoy a golden period 2015 to 2018/19 where we ran competition close and raise expectations to new levels. Sadly we failed to win silverware during this period.

There is an argument that tells us that our lack investment in 2019 has set us back but even if we invested heavily, there is no guarantee of success. NDombele is a prime example of this.

In hindsight Levy was foolish to part with Poch after being seduced by a tired, and out dated Mourinho. He should of persevered with Poch, backed him in the next window and if then there was the sign of terminal decline made his changes then. The appointment of Mourinho has set us back massively, and this aligned to high fan expectations, makes it impossible for Levy or Nuno to succeed in the short term or maybe ever.

 

[Cream]

Amazing.

 

[dontcallme]

Whilst ENIC are not blameless for our 20 years without any serious silverware, I believe that Sugar's era is much more responsible and culpable than we are giving thought to. During Sugar's 10 years, there was much more of an even playing field, no Oligarch's or oil rich states with limitless budgets. Sugar had the opportunity during his time to sensibly invest into a stellar manager and a stellar squad, but on both accounts failed miserably. ENIC took charge at the blackest of periods, with Campbell pissing off and a squad than contained the likes of Sullivan, Perry, Thatcher, Doherty, Freund and Sherwood. I could list more shite but I wont.
ENIC inherited a poor, aging squad and then spent 2-3 seasons experimenting with managers and transfer strategies until they sought improvement under Jol. The problem being, is that just as we were finding our way Abramovich and latterly the Abu Dhabi oil barons changed the football landscape completely, and we were blown away with their spending power that translated into championship winning teams. Now, we had two teams to compete with on a different planet as well as the historical threat coming from Arsenal, United and Liverpool. With 5 teams, arguably better than us, it has then made winning silverware that much tougher and we have been fortunate to enjoy a golden period 2015 to 2018/19 where we ran competition close and raise expectations to new levels. Sadly we failed to win silverware during this period.

There is an argument that tells us that our lack investment in 2019 has set us back but even if we invested heavily, there is no guarantee of success. NDombele is a prime example of this.

In hindsight Levy was foolish to part with Poch after being seduced by a tired, and out dated Mourinho. He should of persevered with Poch, backed him in the next window and if then there was the sign of terminal decline made his changes then. The appointment of Mourinho has set us back massively, and this aligned to high fan expectations, makes it impossible for Levy or Nun to succeed in the short term or maybe ever.

I mostly agree with you. But Poch was a disaster in the transfer market.

If we’d continued buying young players and developing them and selling at a profit we’d have been fine.

 

[Cream]

I'd like to say I look forward to the people joining the Enic out band wagon tomorrow.

But that would mean we lose to the scum.

Which we will.

But it will still sadden me.

So to the merry band that might see the light tomorrow...

Welcome. Hopefully the quorum will grow exponentially and we can rid ourselves of these vampires sooner rather than later

 

[rez9000]

This is a genuine question to others and not a dig.

Financially would it make more sense for enic to service the stadium debt for say 2 or 3 years with the team drifting in mid table so that they can get more money for themselves off a potential sale than it would be to seriously invest in the team?

No, because if ENIC sell, they will sell the debt the club owns along with it.

If Levy quotes a price to a prospective buyer, it will be lock, stock and barrel - debt or not debt.

What paying off the debt would do for ENIC is make the club a more attractive opportunity to a prospective buyer. The less debt at the time of sale, the less there would be to pay off under the new owner's stewardship, meaning they are freer in what they can do with the revenue that the company generates.

Note, I say under the new owner's stewardship, because neither ENIC or a prospective buyer of the club would be required to pay penny one of the club's debts. The debts are owed by the club, not by ENIC, so the servicing of that debt is the responsibility of the club - its owners, whoever they happen to be, are limited in their liability for that debt (as the company is a public limited company).

If ENIC are penny-pinching in order to pay down the debt, it's only so they can make the bauble shinier to prospective buyers rather than it being a way to maximise their profits.

 

[JUSTINSIGNAL]

I'd like to say I look forward to the people joining the Enic out band wagon tomorrow.

But that would mean we lose to the scum.

Which we will.

But it will still sadden me.

So to the merry band that might see the light tomorrow...

Welcome. Hopefully the quorum will grow exponentially and we can rid ourselves of these vampires sooner rather than later

Not sure if losing at a stadium we haven’t won at in 11 years will switch any sane person to ENIC out.

 

[thelak]

Whilst ENIC are not blameless for our 20 years without any serious silverware, I believe that Sugar's era is much more responsible and culpable than we are giving thought to. During Sugar's 10 years, there was much more of an even playing field, no Oligarch's or oil rich states with limitless budgets. Sugar had the opportunity during his time to sensibly invest into a stellar manager and a stellar squad, but on both accounts failed miserably. ENIC took charge at the blackest of periods, with Campbell pissing off and a squad than contained the likes of Sullivan, Perry, Thatcher, Doherty, Freund and Sherwood. I could list more shite but I wont.
ENIC inherited a poor, aging squad and then spent 2-3 seasons experimenting with managers and transfer strategies until they sought improvement under Jol. The problem being, is that just as we were finding our way Abramovich and latterly the Abu Dhabi oil barons changed the football landscape completely, and we were blown away with their spending power that translated into championship winning teams. Now, we had two teams to compete with on a different planet as well as the historical threat coming from Arsenal, United and Liverpool. With 5 teams, arguably better than us, it has then made winning silverware that much tougher and we have been fortunate to enjoy a golden period 2015 to 2018/19 where we ran competition close and raise expectations to new levels. Sadly we failed to win silverware during this period.

There is an argument that tells us that our lack investment in 2019 has set us back but even if we invested heavily, there is no guarantee of success. NDombele is a prime example of this.

In hindsight Levy was foolish to part with Poch after being seduced by a tired, and out dated Mourinho. He should of persevered with Poch, backed him in the next window and if then there was the sign of terminal decline made his changes then. The appointment of Mourinho has set us back massively, and this aligned to high fan expectations, makes it impossible for Levy or Nuno to succeed in the short term or maybe ever.

It changed the playing field for sure but still a huge number of self inflicted own goals, mistakes and missed opportunities by Levy / Enic over the last 13-14 years from when we sacked Jol onwards.....with virtually no accountability

 

[Delboy75]

As long as the stadium debt is easily serviceable by the massive increase in revenue I think it’s pretty unimportant when it comes to a sale. Obviously be better if it wasn’t there, but for next 12 years or so you’re probably talking about 5% or less of club revenue annually. As it’s currently structured you starting hitting the big chunks of debt payable £50m £100m £300m from 2034 the biggest £300m not till 2050. That far in the future who knows what our revenue could be £1bn + would be no surprise. Which makes the stadium debt of little importance really. People might think a revenue of £1bn is far fetched . But they’d have said that if I’d have said £500m 10 years ago and we are within touching distance of that right now. Will only take something crazy to happen with a streaming service deal or some form of super league.

 

[13VanDerBale13]

Those attending games, make yourselves heard & force these fuckers out ??