Wannabe financial analyst Jason Fleischer looks at ENIC's reign at Spurs and tries to figure out their end game and what they have planned for Spurs.
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Couldn't someone have proofread and edited this before publishing? 
Interesting perspective, nightmare to read:
-"That, in my opinion, is there agenda at the club "
-"They ultimately the clubs new owner will essentially be buying us."
-"Everton seems to be team that really values its fans."
etc.
Interesting perspective, nightmare to read:-"That, in my opinion, is there agenda at the club "
-"They ultimately the clubs new owner will essentially be buying us."
-"Everton seems to be team that really values its fans."
etc.
Use of both the £ sign and the word pounds when describing a sum of money.
Minor? Maybe. Annoying? Oh yes.
Good read, mind!
Minor? Maybe. Annoying? Oh yes.
Good read, mind!
Also, have ENIC not been in ownership of Football teams long before they owned Spurs, which have been sold and consolidated into the ownership of Tottenham?
Why do people always have to see an end game? Why can't it be that they, or at least Levy, might just love the club?
And the 2008 thing. Jol was sacked. Boo hoo. He didn't show loyalty, thus didn't deserve it. We sacked him, and the very same season after that we won the League Cup.
Through all the sound efforts of the board, people bang on about the mistreatment of Martin Jol, though without that decision we would have gone 15 years now (theoretically) without any silverwear.
I don't see an end game, and I certainly have seen no evidence that we would have been better of if Jol was still in charge.
The way I see it, Jol and Redknapp were both fluffers. We need the metaphorical "porn star" manager to really add value and the final product!
Why do people always have to see an end game? Why can't it be that they, or at least Levy, might just love the club?
And the 2008 thing. Jol was sacked. Boo hoo. He didn't show loyalty, thus didn't deserve it. We sacked him, and the very same season after that we won the League Cup.
Through all the sound efforts of the board, people bang on about the mistreatment of Martin Jol, though without that decision we would have gone 15 years now (theoretically) without any silverwear.
I don't see an end game, and I certainly have seen no evidence that we would have been better of if Jol was still in charge.
The way I see it, Jol and Redknapp were both fluffers. We need the metaphorical "porn star" manager to really add value and the final product!
I absolutely do think there is an endgame. But it hasn't been reached. I firmly believe that it's Levy's ambition to turn the club into a fully fledged Champions League team that is a stronger and more profitable business and therefore a more valuable one when it comes to selling the club. I firmly believe that the new training ground, the stadium and the requirements that manager make the top four are all part of this objective. I don't see ENIC going anywhere until either that is met or they think the task is no longer achievable.
Bardi
The Fighting Cock
Couldn't someone have proofread and edited this before publishing?
-"That, in my opinion, is there agenda at the club "
-"They ultimately the clubs new owner will essentially be buying us."
-"Everton seems to be team that really values its fans."
etc.
aulinhofacepalm:
From the moment that ENIC bought the club I have had it in my ead that they wanted to grow the club to sell it at a profit. I don't know why I think that, but I have always had it in my head that there was a statement from then when they first bought the club - but it seems unlikely that was true.
Jason's article was a good read, and certainly make a lot of sense, but the truth is that when you draw the dots together, you might not always get the right picture in the end.
Good read and a great hypothesis.
Jason's article was a good read, and certainly make a lot of sense, but the truth is that when you draw the dots together, you might not always get the right picture in the end.
Good read and a great hypothesis.
Couldn't someone have proofread and edited this before publishing?
-"That, in my opinion, is there agenda at the club "
-"They ultimately the clubs new owner will essentially be buying us."
-"Everton seems to be team that really values its fans."
etc.
Couldn't agree more. Quite a few good articles on here are ruined by loads of typos. Shame.
If only there were a plugin for wordpress to sort this....
But of course there is!https://wordpress.org/plugins/proofread-bot/
Is it not possible that the end game is to have a big club that wins titles, always plays in CL and is a widely recognized brand across the world - thus generating revenue through shirt sales, sponsorship deals etc?
Considering that Real Madrid were confident that they would recover every cent of what they paid for Bale within 3-4 years through shirt sales alone - its possible, right?
EDIT: maybe not shirt sales alone, but merchandize
Real have 20 times the amount of fans we do and their stadium has over 30k more seats than our new stadium would have.
I doubt Levy wants to be in it that long. It's an incredibly tall order to get the club to anything being the global brand that Real is. I just think he wants to just make a decent chunk of profit from the sale of the club compared to when it was bought. That's part of the reason why we don't invest loads in the transfer market without breaking even most years. The club is a gradual money making machine that is being pushed but by bit to get it over the line into that realm of elite football. I think if that happens that will be ENIC's ideal bailing out point.
I watched an old video yesterday of a Panorama programme that was aired between the semi final and final of the FA Cup in 1991. Since the Richardson's rule, we seem to have been on a financial merry-go-round. The building of the West Stand was cited as the reason why Scholar was able to get the club so cheaply, and it was likely that we would have gone under if we hadn't won the FA Cup, as we were over £18m in debt, due to Scholar getting involved in all sorts of other businesses (Hummel, ID cards) which were losing money hand over fist. i know Alan Sugar didn't have a lot of fans but he did keep us afloat, but he tried to run Spurs like any other business which doesn't always cut it. At least in ENIC/Levy's hands, we are fairly financially stable, and they seem to be in for the long term (ENIC have issued an interest free loan of £40m towards the building of the new stadium, so they are not going to bale out any time soon).