The ousting of Daniel (COYS)

[sundanceyid10]

Yep if we where in Arsenal’s boots right now and had just finished second, way we have acted in the past he would pull up the draw bridge and go that is enough you don’t need Declan Rice and keep that team as it is for a few seasons before it drops off. That type of mentality has to change at this club, staying still is going backwards.

Exactly

 

[cookiemonster]

ENIC has rarely used its own money, so I doubt they will start now.

This Lewis chappie is in his nineties right?

Surely this is his last chance to leave a legacy with us

Just donate £500m and let's give it a right go at winning some stuff

If it goes tits up and we win nothing,,can always sell the club for £3b

 

[For the love of Spurs]

This Lewis chappie is in his nineties right?

Surely this is this last chance to leave a legacy with us

Just donate £500m and let's hive it a right go at winning some stuff

If it goes tits up and we win nothing,,can always sell the club for £3b

I don’t think his mind works that way. Most rich people don’t become rich by being charitable or caring about things beyond money like legacy, it’s money, money, money to them. You get exceptions like Abramovich who while sport-washing did genuinely appear to love football or owners like Abu Dhabi who are so rich it’s all about politics.

Using the clubs money to build a stadium and grow the asset is a no brainer. Putting £300m of your own cash in to become a successful team to grow the assets by £500m is a gamble as if the £300m is spent on the wrong players you win little and don’t grow the asset. Buying players is a gamble, infrastructure isn’t. If Joe Lewis is looking at it purely on a numbers and risk basis it’s probably too risky to invest in us and I am guessing he cares nothing for the football and winning things.

 

[SirHarryHotspur]

as in above post.

Another example of a rich owner not splashing cash around like confetti is Shahid Khan at Fulham, net worth reportedly $11.7 billion as opposed to a pauper like Joe Lewis at $6.1 billion.

 

[For the love of Spurs]

as in above post.

Another example of a rich owner not splashing cash around like confetti is Shahid Khan at Fulham, net worth reportedly $11.7 billion as opposed to a pauper like Joe Lewis at $6.1 billion.

Pray for poor man Joe

 

[Metalhead]

Thing is with people wanting the club to spend more - I'm not sure whether we'd even necessarily trust them to spend it wisely based on previous seasons. I know that this has been said ad infinitum but it's just as much the poor scouting that has done us as the money spent.

 

[Donki]

This Lewis chappie is in his nineties right?

Surely this is this last chance to leave a legacy with us

Just donate £500m and let's hive it a right go at winning some stuff

If it goes tits up and we win nothing,,can always sell the club for £3b

Sadly I feel his legacy will be drinking rum on a yacht in the Caribbean.

 

[g_harry]

Thing is with people wanting the club to spend more - I'm not sure whether we'd even necessarily trust them to spend it wisely based on previous seasons. I know that this has been said ad infinitum but it's just as much the poor scouting that has done us as the money spent.

Sometimes it not about spending money and more just accepting that the signings that don't work - cut your losses and get them out the door asap and as you say better scouts, however I feel alot of problems at spurs is not listening to scouts and going with the cheaper wage player. By doing this there is higher chance it will not work. Mane v Sissoko prime example.

Look at RB position last few years, money wasted on Doherty, Emerson, Spence, Porro, Aruier instead of properly investing in one good starting RB and a young back-up that should sort position out for 6-8 years. Recruitment been hap hazard no planning what so ever.

 

[cookiemonster]

I don’t think his mind works that way. Most rich people don’t become rich by being charitable or caring about things beyond money like legacy, it’s money, money, money to them. You get exceptions like Abramovich who while sport-washing did genuinely appear to love football or owners like Abu Dhabi who are so rich it’s all about politics.

Using the clubs money to build a stadium and grow the asset is a no brainer. Putting £300m of your own cash in to become a successful team to grow the assets by £500m is a gamble as if the £300m is spent on the wrong players you win little and don’t grow the asset. Buying players is a gamble, infrastructure isn’t. If Joe Lewis is looking at it purely on a numbers and risk basis it’s probably too risky to invest in us and I am guessing he cares nothing for the football and winning things.

90 years old and still risk adverse smh

 

[Bluto Blutarsky]

90 years old and still risk adverse smh

He is a spry 86...

 

[TC18]

You know, besides last year when they used 100m of their own money.

"BUT THEY DIDN'T SPEND 150M!"

“One swallow doesn’t make a summer” springs to mind.

People seem to forget that ENIC will make Billions out of the club when they comes to sell. Yes they’ve grown it to make it worth that much, but with very little investment and risk to themselves, except obviously their initial investment.

Besides, I’d be quite happy with them staying in charge if Levy stepped aside from football matters and they refreshed some of the board members. Let’s see what difference Munn makes..

 

[TC18]

They might just sell it off as development land with planning permission for a hotel. It will be worth quite a bit as that. Sure they might seek a development partner or even use it to help get outside investment for the football club too. There’s quite a few options open to them which could be used to benefit the football club, Enic themselves or both. Trouble is for Levy, it’s more ammunition for criticism of levy for not keeping his eye on the football club. People will interpret it whichever way they want because Levy never comes out and explains his decisions, so he kind of asks for it.

Perhaps that’s the reason for hiring Munn? Maybe he did learn his lesson from the Stadium build and realised he couldn’t run the football side whilst building a hotel this time.. time will tell I suppose.

 

[Bluto Blutarsky]

You know, besides last year when they used 100m of their own money.

"BUT THEY DIDN'T SPEND 150M!"

This is a little misleading.

Yes, ENIC did invest £100M new funds into the club, and presumably will still invest an additional £50M.

But, they did so at the expense of smaller investors - as, ENIC took a larger ownership percentage of the club in exchange for the investment. It's not the same as when an owner who already has 100% of the club puts additional funds into the club. ENIC took some risk here, but it was a very small risk, secured by the club's assets.

 

[Cochise]

I laugh at how some of you think Lewis gives a toss about his legacy at the club. We are an investment opportunity for him, nothing more.

 

[MR_BEN]

This Lewis chappie is in his nineties right?

Surely this is his last chance to leave a legacy with us

Just donate £500m and let's give it a right go at winning some stuff

If it goes tits up and we win nothing,,can always sell the club for £3b

He’s left a legacy already, it’s a whopping great big stadium.

The guy will care a lot more about leaving generational wealth to his family, than he would care about leaving a legacy with Spurs fans.

And I don’t blame him one bit.

also… aren’t Chelsea proof enough that spunking money left right and centre does not guarentee anything?

 

[MR_BEN]

This is a little misleading.

Yes, ENIC did invest £100M new funds into the club, and presumably will still invest an additional £50M.

But, they did so at the expense of smaller investors - as, ENIC took a larger ownership percentage of the club in exchange for the investment. It's not the same as when an owner who already has 100% of the club puts additional funds into the club. ENIC took some risk here, but it was a very small risk, secured by the club's assets.

It’s not detrimental to the other shareholders other than that they lose a little bit of their voice in votes etc.

When the majority shareholder owns 85% of the club, a share issue that turns that it’s 87% or even 90% makes no difference at all to the other shareholders as they have almost no input already.

Those other shares are still worth the same, if not more on a per share basis.

 

[spursfan77]

I'm still wondering why they paid off the training ground loans a couple of years ahead of time. Seems an odd thing for them to do.

TOTTENHAM HOTSPUR LIMITED filing history - Find and update company information - GOV.UK

TOTTENHAM HOTSPUR LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

 

[sidford]

Only just released so won't get a chance to listen to it until tomorrow but should be worth a listen

 

[Donki]

He’s left a legacy already, it’s a whopping great big stadium.

The guy will care a lot more about leaving generational wealth to his family, than he would care about leaving a legacy with Spurs fans.

And I don’t blame him one bit.

also… aren’t Chelsea proof enough that spunking money left right and centre does not guarentee anything?

I’m not angry at Levy because of the amount of money he does or doesn’t spend, never have been. I was very happy with him and what he had done for us. My opinion has changed post Poch. Since the window when he appointed Nuno, he has been a total cluster fuck. No solid direction or vision. We all got excited with Nuno and Conte but looking back, it was so obvious both would end in tears, I just didn’t want to admit it to myself.

 

[thelak]

Only just released so won't get a chance to listen to it until tomorrow but should be worth a listen

I thought Flav was sitting down with Levy for a minute