ENIC...

[Delboy75]

I genuinely don’t get this massive obsession with naming rights. Seems like the same people moaning there’s not enough Spurs branding in the stadium are desperate to give the name away. And tbh unless we got a lump sum £15-20m out of a likely £500m revenue is hardly a game changer. I’d guess our deals with Cinch and Getir probably amount to near enough same amount combined, their branding is everywhere was even on the NFL sponge fingers haha.

 

[SirHarryHotspur]

The THST called for Levy to resign over the European Super League plot, so anybody know what happened with Barcelona and Real Madrid did they consult their members about ESL , both clubs are owned by the members and I believe have delegates on the governing board.

Are Barcelona fan-owned? Catalan club's model & elections explained | Goal.com UK

Some of the biggest and best football clubs in the world are owned by wealthy businessmen, who pump millions into their teams in search of success.

www.goal.com

 

[ShelfWatcher]

I wanted us in the ESL and wish it would have succeeded, was our best realistic way forward under ENIC.
Who knows, might even have stopped the Saudi takeover in a roundabout way. It certainly would have made us less vulnerable to Toon kicking us out of being a top 6 club.

 

[Metalhead]

I wanted us in the ESL and wish it would have succeeded, was our best realistic way forward under ENIC.
Who knows, might even have stopped the Saudi takeover in a roundabout way. It certainly would have made us less vulnerable to Toon kicking us out of being a top 6 club.

The ESL isn't dead. The question is whether ENIC are willing to live with the reality of Newcastle or feel that the risk of going down the ESL route again is a calculated one.

 

[ShelfWatcher]

The ESL isn't dead. The question is whether ENIC are willing to live with the reality of Newcastle or feel that the risk of going down the ESL route again is a calculated one.

Yep, so there's hope yet. Unfortunately, the outrage last time makes ESL difficult.
The clincher was when the Govt got involved, which I thought was disgusting. Particularly from a Tory govt which is supposed to be against such state intervention in business
Then there was the nauseating hypocrisy from Sky and other media outlets. Organizations that have accepted and indeed praised clubs like Chelsea and City for buying trophy after trophy. While also in some cases, such as Sky, being anti Tottenham for years, despite us doing things the right way

 

[JUSTINSIGNAL]

I wanted us in the ESL and wish it would have succeeded, was our best realistic way forward under ENIC.
Who knows, might even have stopped the Saudi takeover in a roundabout way. It certainly would have made us less vulnerable to Toon kicking us out of being a top 6 club.

Interesting take. And not something I entirely disagree with.

Chelsea/Man City were the first to pull out as it didn't benefit them in anyway. The whole premise of the ESL was that all teams part of it would have limits on spending to make it competitive.

 

[SirHarryHotspur]

The ESL isn't dead. The question is whether ENIC are willing to live with the reality of Newcastle or feel that the risk of going down the ESL route again is a calculated one.

Pretty well dead as far as the English teams involved judging by the fan reaction to it , think it shocked all the owners with the protests at the other clubs particularly strong. Considering all the so called anti Levy/ENIC brigade, protests at Spurs weren't exactly overwhelming with any large demonstrations outside the stadium.
The three clubs Barca, RM & Juve are currently going through the courts and its bound to end up with a ruling at the ECJ, with UK no longer in the EU any ECJ rulings will not apply to English clubs , the government have said they will legislate to stop the clubs joining any ESL so can't see it happening any time soon.

 

[Stuart Leathercock]

Investment in what? We have invested in our player's wages, keeping them at the club far longer than anyone thought was possible at the time.

We have invested in our training centre, stadium, we hired one of the most expensive managers in the world, albeit incorrectly......

We have been investing in players thelast few years too. 42 million for Sanchez, more for Lo Celso, even more for Ndombele.

Invested incorrectly and perhaps at the wrong times, sure - but we have invested.

The owners actually investing in their asset. They have paid WELL under £100m to purchase about 85% of THFC. They apparently now value their asset as being worth over £2billion. A capital injection of (say) £200m (either via an share issue underwritten by the owners or even diluting their equity) could've ensured that we stayed competitive during those seasons when overspending on the stadium was clearly crippling our finances. Had they done this the owners would still be sitting on a huge profit on their initial investment and the asset value may even have increased due to the £200m of liquidity injected.

 

[skiba]

Yep, so there's hope yet. Unfortunately, the outrage last time makes ESL difficult.
The clincher was when the Govt got involved, which I thought was disgusting. Particularly from a Tory govt which is supposed to be against such state intervention in business
Then there was the nauseating hypocrisy from Sky and other media outlets. Organizations that have accepted and indeed praised clubs like Chelsea and City for buying trophy after trophy. While also in some cases, such as Sky, being anti Tottenham for years, despite us doing things the right way

The ESL would have actually made success even harder for us to achieve. If you read the fine print then you would have seen that clubs would have been allowed to stream a certain amount of games on their own platforms. This would have further increased the financial disparity between ourselves and the likes of Man U and Liverpool who's fanbases dwarf our own. No doubt the bigger clubs would have pushed to stream more and more games on their own platforms further increasing the financial gap similar to Spain where Barca and Real hoover up all the TV money. So domestically we would fall further behind the bigger clubs and add in competing in a league with other super clubs in Europe following the same model and we would be left in the dust.

 

[ShelfWatcher]

The ESL would have actually made success even harder for us to achieve. If you read the fine print then you would have seen that clubs would have been allowed to stream a certain amount of games on their own platforms. This would have further increased the financial disparity between ourselves and the likes of Man U and Liverpool who's fanbases dwarf our own. No doubt the bigger clubs would have pushed to stream more and more games on their own platforms further increasing the financial gap similar to Spain where Barca and Real hoover up all the TV money. So domestically we would fall further behind the bigger clubs and add in competing in a league with other super clubs in Europe following the same model and we would be left in the dust.

Good points, but we're being left in the dust anyway. It still might be better to be in it with the likes of Toon Leicester Villa Everton and West Ham excluded and struggling behind us.
Would need to think it through further if the ESL came up again. But it seems to be a long way away, and if it comes up then might be Newcastle who get the invite, leaving us totally screwed

 

[Yacob1964]

Hampered us progressing by running us so well that the value is too high for Mohamed Bin Salman to pay when he can just spend that £3b on Newcastle to get them where we already are but do it in his own image in front of the loyally prostrated masses in Tyneside?

So would the preference have been to hang on with Sugar, perpetually on the brink of bankruptcy, until a genocidal maniac came along to use the club as a discount voucher for killing even more people?

If we'd hung with Sugar, we might in all likely hood have been bought by Abramavich.

 

[ShelfWatcher]

If we'd hung with Sugar, we might in all likely hood have been bought by Abramavich.

Exactly, having ENIC as owners is a huge opportunity cost. Trophy winning owners like RA or oil sheiks might now be our owners without ENIC being here

 

[dudu]

I wanted us in the ESL and wish it would have succeeded, was our best realistic way forward under ENIC.
Who knows, might even have stopped the Saudi takeover in a roundabout way. It certainly would have made us less vulnerable to Toon kicking us out of being a top 6 club.

So it's basically winning at any cost regardless of what gets destroyed on the way.

 

[spursfan77]

If we'd hung with Sugar, we might in all likely hood have been bought by Abramavich.

If my auntie had bollocks, she’d be my uncle.

 

[dontcallme]

If my auntie had bollocks, she’d be my uncle.

Not true. If your aunt had bollocks then she'd be the one to decide what gender pronouns people to her use and how her family should refer to her.

 

[skiba]

Good points, but we're being left in the dust anyway. It still might be better to be in it with the likes of Toon Leicester Villa Everton and West Ham excluded and struggling behind us.
Would need to think it through further if the ESL came up again. But it seems to be a long way away, and if it comes up then might be Newcastle who get the invite, leaving us totally screwed

Newcastle are clearly going to be an issue in the coming years but why bother excluding those other clubs to give even more power and financial strength to the bigger ones. If we want to win trophies we need concentrate on bridging the financial gap to the top teams and not worry about a bit of competition from the other clubs in and around us at the minute.

 

[ShelfWatcher]

Newcastle are clearly going to be an issue in the coming years but why bother excluding those other clubs to give even more power and financial strength to the bigger ones. If we want to win trophies we need concentrate on bridging the financial gap to the top teams and not worry about a bit of competition from the other clubs in and around us at the minute.

Yeah, but we're not going to bridge that gap, so am all for creating gaps from those below us. Just as those above us created gaps
The thought of West Ham being bought out and we end up in their shadow sends shivers of fear down my spine ?

 

[ShelfWatcher]

So it's basically winning at any cost regardless of what gets destroyed on the way.

Absolutely, Chelsea don't care, City don't care, Sky don't care, the Big 4 don't care, the Premier League don't care and just invited the Saudis in to join the other oil giants.
Winner takes it all, I want us on top not also ran non entities who are now a banter club to sides like Chelsea and City

 

[Metalhead]

Pretty well dead as far as the English teams involved judging by the fan reaction to it , think it shocked all the owners with the protests at the other clubs particularly strong. Considering all the so called anti Levy/ENIC brigade, protests at Spurs weren't exactly overwhelming with any large demonstrations outside the stadium.
The three clubs Barca, RM & Juve are currently going through the courts and its bound to end up with a ruling at the ECJ, with UK no longer in the EU any ECJ rulings will not apply to English clubs , the government have said they will legislate to stop the clubs joining any ESL so can't see it happening any time soon.

It'll be interesting to see what happens. The premier league itself was controversial and revolutionary at the time. The Newcastle takeover may well change things now. I can see some interesting legal battles in the future if clubs see themselves being sidelined and thus losing revenue because of the takeover.

 

[Wheeler Dealer]

If we'd hung with Sugar, we might in all likely hood have been bought by Abramavich.

I don't believe Abramovich was ever an option. It's all speculation. Chelsea were days from bankruptcy, had a better squad and in a nicer part of town, and picked up for peanuts.