The Daily ITK Discussion Thread - Little Bald Riding Hood

[SpursSince1980]

Great to see how active we are in January. Not since Uncle Harry have we been this busy. Trrriffic.
Hope one of the strikers mentioned gets over the line.
But the money and bank stuff is a wee bit alarming. But that is for another thread.

I assume they are having some difficulties offloading Wanyama cos of his knees. I feel so bad for the guy. He was a beast on his day. And was a total team guy. Unlike some others, whose name rhymes with Fanny Nose.

 

[gibbospurs]

We posted revenues of 450m and spent 180m on wages. theres more money than even what levy knows to do with.

We also refinanced enough of the build to only need 40-50m in bond repayments a year.

I run a 2 man band building firm so I have no idea what you’re talking about but it sounds good, and probably true, but if we are making these profits why spend big on transfers and wages. Tv money stays the same. If we make top 4 stays the same. It’s not like we are gonna top city or pool. ( as much as that hurts to write, it’s business at the end of the day!) we as a team have broken into the kids kit selling market, my 4 year old goes to football training and its 70% spurs kits. There is no need to spank hundreds of millions to move from 3rd/4th to maybe getting close to winning the prem. financial speaking. ?‍

 

[$hoguN]

I always try to not get my hopes up until I see it announced on the OS, but a window of Piatek, Bergwijn and Gedson would be an incredible start to rejuvenating the squad. In a January window, no less!

This is true, and if you look at the potential outs that @Tottenhamboys has named it points to us moving to a model which is far more logical.

* Get young players experience through loans

* Get unproductive/disruptive members of the squad out ASAP

* Bring in young players with a high ceiling to keep the squad developing.

* Stop saying it’s transfer target x or no-one as it’s counter-productive.

I can’t help but really like it. Well done to all involved to make it happen really.

** I reserve the right to riot if no striker arrives ?

 

[Real_madyidd]

Really? A drop in the ocean. I guarantee within 3 seasons, we will smash that

The thing is, and Arsenal know this, you don't actually want profit as a fan. The club end up paying tax on their profits and you don't sign players with that money. A few years back ( from my recollection, so vague) Arsenal missed out on a key signing by "doing a Levy" and that penny pinching ended up costing them millions in tax.

And yes, this is ITK related as we are talking about keeping the banks happy, whilst uncle Joe, resident in the Caribbean as he loves tax avoidance, is also kept happy.

 

[nailsy]

Thanks @Hercules and @Tottenhamboys for the positive info.

Any word on whether we will be making the GLC move permanent this window? My understanding is that our commitment to buy in the summer becomes conditional if we fail to qualify for next season's Champions League. Surely there's no possibility that we'll let him go in the summer, or fail to sign him at a discount this month. Right?

Mourinho said recently that we'll be making his move permanent during this transfer window.

 

[arunspurs]

Piatek is the one to watch out for - given strong interest from Chelsea as well.

 

[Dean]

6'6 from what I have read. Dutch Crouchy.

But the dude is a tank. Can really finish also from what I've seen.

 

[nailsy]

@Archibald&Crooks Have we had many donations this window?

 

[Spurs 1961]

The six who could be leaving ahead of deadline as stated earlier:

Eriksen (done)
Rose (he prefers loan as wants a nice big signing on fee at end of his contract. He’s not liked by the hierarchy and don’t think he likes them much!)
CCV
Parrott (championship loan before you all s*** yourselves
Wanyama (agent offering to every club in professional football and Levy trying to use him as part of a number of incomings. Not going to reveal all the issues he has faced in recent seasons as unfair on him and his career).
KWP

Foyth situation is dynamic but highly unlikely to leave as it stands.

The incomings are all out there. If an opportunity comes along which Jose likes/on our radar and is doable then wouldn’t rule out another deal. Bale not happening as all
of us knew but didn’t want to know!

Overall opinion: It’s a good start to the rebuild which actually began in the summer.

In the summer I expect us to conclude deals for long term targets And address squad issues (CDM, LB and RB). Board already in talks with a LB but have no name.

I thought our summer dealings, purchases, were excellent which they are beginning to prove. I don’t know anything about SB but seems the kind of player we have been trying to add to the squad for a while. Am happy that we seem to still be working to a plan and not just making panic purchases

 

[RJR1949]

Herc is posting what he is told but he is having the wool pulled over his eyes.
So far i think in all tje years of ownership ENIC(Joe Lewis) has put in £50 million as a secured loan.

ENIC want to sell the club due course for some 1-2 billion.
Lewis is one of the richest men in the world certainly in Uk, It is most unusual to undertake a billion £ capital project without asking the shareholders to introduce funds by way of a rights issue. In this case the RI wouldbe almost fully funded by ENIC . if they had introduced say £250 million additional share capital which they can easily afford they wouldnt have had their hands tied by the bank and there would be sufficient funds to enable them tto strengthen the team without bank inteference.
this money would have been recovered by the sale funds,which will be more likely if we are in CL next season.
For the life of me i cant ubderstand why they are trying to do things on the cheap whilst risking devaluing the club by losing CL and TV revenue next season.
Their short sightedness could lead to them holding the baby for much longer then they planned.
Furthermore wher is the naming rights deal whch would have given us the funds to develop the team .
Perhaps Herc can go back to his sources and get these questions abswered

I can answer your question.
Joe Lewis could afford to subscribe to a rights issue but Daniel Levy could not: he’d be diluted.

 

[Matthew]

If we do pull these signings off then that's a solid start and very good dealings in Jan, better than most other clubs it would seem. CDM would have been ideal, but I guess noone suitable is out there at the moment and this is better left until the summer to get our main target. Though this might be the position which could see a last min surprise if a loan or something comes up unexpectedly.

oooh matron!

 

[Tiffers]

@Tiffers you seem to be fat-fingering a lot. I don't mind mine but you may want to remove the one from @Hercules post, as A&C frowns upon that sort of thing. ?

Sorry don’t follow can you please clarify ?

 

[nailsy]

Sorry don’t follow can you please clarify ?

He's saying that you gave his post a Spam rating. Just click the link below and click remove.

The Daily ITK Discussion Thread - Little Bald Riding Hood

Could be mate, but not one that's been mentioned within my loop. Cheers Trix, this is a good post for people to take on board. Stating that not every ITK gets the same info and when they do they may get it from different sources hence the stress on different deals at different times on occasions.

www.spurscommunity.co.uk

 

[Scouseyid]

Herc is posting what he is told but he is having the wool pulled over his eyes.
So far i think in all tje years of ownership ENIC(Joe Lewis) has put in £50 million as a secured loan.

ENIC want to sell the club due course for some 1-2 billion.
Lewis is one of the richest men in the world certainly in Uk, It is most unusual to undertake a billion £ capital project without asking the shareholders to introduce funds by way of a rights issue. In this case the RI wouldbe almost fully funded by ENIC . if they had introduced say £250 million additional share capital which they can easily afford they wouldnt have had their hands tied by the bank and there would be sufficient funds to enable them tto strengthen the team without bank inteference.
this money would have been recovered by the sale funds,which will be more likely if we are in CL next season.
For the life of me i cant ubderstand why they are trying to do things on the cheap whilst risking devaluing the club by losing CL and TV revenue next season.
Their short sightedness could lead to them holding the baby for much longer then they planned.
Furthermore wher is the naming rights deal whch would have given us the funds to develop the team .
Perhaps Herc can go back to his sources and get these questions abswered

Good god man, give it a rest. People like you really are quite dull!

The truth is, you haven't got a clue, you're just theorising! If you know facts then great, discount Herc. But if you haven't, just stow it!

 

[VegasII]

@Archibald&Crooks Have we had many donations this window?

Sperm or cash?

I imagine plenty of the former lol

 

[McFlash]

Sorry don’t follow can you please clarify ?

Sorry mate, I noticed a flurry of negative ratings from you and put it down to late night scrolling (accidentally hitting them).
I was just giving you a heads up because one was on Hercules' post, and negging itk can result in a banning.

 

[stewartd]

I can answer your question.
Joe Lewis could afford to subscribe to a rights issue but Daniel Levy could not: he’d be diluted.

So what you are saying bis the club suffers because Levy couldnt afford a rights issue and is so greedy to gain when we sell he wont let his share stake be diluted,thats not how a CEO should act . His first duty is to the comapany not to him self.

 

[Tiffers]

Sorry mate, I noticed a flurry of negative ratings from you and put it down to late night scrolling (accidentally hitting them).
I was just giving you a heads up because one was on Hercules' post, and negging itk can result in a banning.

Totally unintentional. I use my ipad an scroll down using my right hand so it's possible I'm landing my finger on the rating icons. How do i prevent this happening?

 

[0-Tibsy-0]

Totally unintentional. I use my ipad an scroll down using my right hand so it's possible I'm landing my finger on the rating icons. How do i prevent this happening?

Use your left hand..

 

[stewartd]

Good god man, give it a rest. People like you really are quite dull!

The truth is, you haven't got a clue, you're just theorising! If you know facts then great, discount Herc. But if you haven't, just stow it!

Good god man, give it a rest. People like you really are quite dull!

The truth is, you haven't got a clue, you're just theorising! If you know facts then great, discount Herc. But if you haven't, just stow it!

Where have I discountedvHerc? suggested that he was beingmislead about us being at the mercy of the banks we never needsd to be. As for experience I was the CFO of a major PLC and raisng money by way of a RI is normal and prudent rather then just raising it by bank borrowing. Also i notice that you have managed a massive 7 posts so far which doesnt give you the right to tell anyobe to give it a resr.