What's new

ENIC...

Status
Not open for further replies.

danielneeds

Kick-Ass
May 5, 2004
24,181
48,812
I’ll always admire Levy for getting the stadium built. That was some achievement that not many people could have got done.

But he sounds like a broken record in those Trust minutes. The same old messages, no acceptance of any mistakes made in the last three years. I honestly think the club is sleepwalking into the wilderness.
 

For the love of Spurs

Well-Known Member
Mar 28, 2015
3,444
11,252
@For the love of Spurs what is there even to dislike about this post?

7XYU.gif

fat finger oops.
 

yido_number1

He'll always be magic
Jun 8, 2004
8,667
16,851
I’ll always admire Levy for getting the stadium built. That was some achievement that not many people could have got done.

But he sounds like a broken record in those Trust minutes. The same old messages, no acceptance of any mistakes made in the last three years. I honestly think the club is sleepwalking into the wilderness.
I've always thought it was a case of get the stadium built and then kick on. It looks.like we built the stadium and now more of the same.

No champions League this year means less investment in the squad and less attractive to new signings.

We are literally arsenal post stadium build. We sacked our Wenger and down we go.
 

dontcallme

SC Supporter
Mar 18, 2005
34,231
83,194
I've always thought it was a case of get the stadium built and then kick on. It looks.like we built the stadium and now more of the same.

No champions League this year means less investment in the squad and less attractive to new signings.

We are literally arsenal post stadium build. We sacked our Wenger and down we go.
Surely our net spend has changed in the last two windows. New signings take a while to settle in and make an impact but changes are there.
 

yido_number1

He'll always be magic
Jun 8, 2004
8,667
16,851
Surely our net spend has changed in the last two windows. New signings take a while to settle in and make an impact but changes are there.
I'm responding to the thst notes. He said no change. When we don't have champs league it's about 100m difference in revenue.

Divide that money over the 4 windows we didn't spend and it's not the same pic.
 

dontcallme

SC Supporter
Mar 18, 2005
34,231
83,194
I'm responding to the thst notes. He said no change. When we don't have champs league it's about 100m difference in revenue.

Divide that money over the 4 windows we didn't spend and it's not the same pic.
Fair enough, thought your post was just in general.
 

scat1620

L'espion mal fait
May 11, 2008
16,354
52,742
They're not going to try any different approach to win things, so we shouldn't pay through the nose to watch them pay lip service to the word ambition ("fierce" ambition, no less! :LOL:) whilst not really having the tools/will to achieve it.

Stop giving ENIC your cash.
 

thebenjamin

Well-Known Member
Jul 1, 2008
12,261
38,948
The thing is it's not only that we haven't spent money, it's that what we spent we did so unwisely. Since the purchase of Son, we have barely done a thing right until buying GLC.
 

fortworthspur

Well-Known Member
Nov 12, 2007
11,248
17,550
I wouldnt read much into those minutes. You arent going to get any specifics out of DL in a meeting with the supporters trust.
 

wrd

Well-Known Member
Aug 22, 2014
13,603
58,005
I wouldnt read much into those minutes. You arent going to get any specifics out of DL in a meeting with the supporters trust.

I mean besides him literally saying that no champions league would have a big effect on our ability to spend which in reality is what people care most about information wise from the club.
 

Gb160

Well done boys. Good process
Jun 20, 2012
23,667
93,388
I mean besides him literally saying that no champions league would have a big effect on our ability to spend which in reality is what people care most about information wise from the club.
TBF that's pretty obvious, would be the same at almost all clubs.
 

fortworthspur

Well-Known Member
Nov 12, 2007
11,248
17,550
I mean besides him literally saying that no champions league would have a big effect on our ability to spend which in reality is what people care most about information wise from the club.
I didnt actually see that in there but its kind of intuitive. the books are going to be balanced.
 

Wsussexspur

Well-Known Member
Oct 2, 2007
8,918
10,176
The thing is it's not only that we haven't spent money, it's that what we spent we did so unwisely. Since the purchase of Son, we have barely done a thing right until buying GLC.

doest this show that there is something fundamentally wrong with how we scout players and certainly how we go about buying players.

Think pretty much everyone can see this barring Daniel Levy..

By all accounts we are trying to act/become one of Europe’s ”super clubs” and infrastructure wise we are up there. But the way the actual football side of the club is run is like a bottom tier premiership club.
 

wrd

Well-Known Member
Aug 22, 2014
13,603
58,005
TBF that's pretty obvious, would be the same at almost all clubs.

I'd say let's wait and see but you say almost all clubs but those clubs which we compete with don't rely almost solely on champions league revenue/outgoings to fund their spending like we do and we have also seen examples of clubs in our league spending a lot despite not being in the champions league; Chelsea in their first season with Conte, Liverpool under Klopp, Arsenal in recent seasons and this season and United this season.

As I say we have to wait and see what that means for us but our rivals have shown a willingness to spend when out of the champions league in order to get back in.
 

coys200

Well-Known Member
May 22, 2017
8,436
17,403
What I don’t get is why wouldn’t they sell now and cash in. He’s basically said it’s all about adding equity. Well how much more does he realistically think he can add ? There’s got to be somewhere for a new owner to take it or why would they bother buying it. Right now just seems the perfect time to sell because there’s still more a new owner could do to take it to the next level which is actually a European super club. Unless he’s got something up his sleeve like an NFL franchise.
 

TC18

Lurker
Jan 27, 2011
534
1,704
The minutes don’t read great. I’m a little disappointed that it doesn’t look like Enic won’t invest some of their own money to refresh the team. Yes they aren’t taking dividends, but at some point when they do cash in, they will come into a serious windfall. Hiding behind FFP is a joke of an excuse, we know there are way around it.

Anyway, il reserve my ranting until I’ve seen 2 summers transfer windows. If by that point we are still struggling to compete in the market, failing to make the signings that we need to push on, then Il be slightly less understanding, considering the amount of return they will stand to make from their initial investment.
 
Status
Not open for further replies.
Top