Levy / ENIC

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As we all know the Stadium finances sit outside the football club, however one pays the other to a degree, as performance on the pitch reflects income off the pitch.

The Cost of the stadium will be XXXXXX doesn't matter what that number is what matters is how much we owe ... Spurs will probably start next season with 400m debt ... sounds a lot doesn't it ... but that debt is on a five year term at very low rates, it could easily be converted to bonds as Woolwich did, but now almost certainly that won't happen, so why not?

Well the bottom line is we are making a fortune revenue has jumped from 209m to 306m last year and will jump again this year, the club have signed more sponsorship and advertising deals than you can shake a stick at, despite all the negativity around the delays everyone and their dog want to be connected to the new ground ... on top of that when we were planning NWHL there was no allowance for Champions League we just weren't expecting to be in it, that income alone has added 50m a year in revenue for four years 200m we hadn't planned, the TV deal is producing 20m more a year than forecast, the list just goes on ... we had planned to hit 350m income in 5 years 2022, that's now been adjusted upwards to 450-500m ...

Even with the Brexit effect, which is a good headline and the lower pound did impact build costs, the timing of the new stadium build could not have come at a better time ... football income is booming, England had a stellar World Cup, and Spurs and even better one. Our US tie-up may well have benefited from oddly the delay, this got a lot of coverage, and the failed Khan bid which also got a lot of coverage, all raising the anticipation for next season when the NFL will arrive at the Lane ...

So despite the delay, and the cost overrun, with the additional monies already generated, and yet to be generated, our club could: pay down that debt in five years: increase salary spend by 100m: spend net 100m+ a year on transfers: and still make a profit ... that's beyond even the most optimistic forecast made in 2006

Luck, good management, a bit of both ... who knows ... but come 2022 Levy/ENIC could be the owners of a debt-free 2 billion pound business .. not bad when they bought it for just 47m ....

The only thing that could feck that up is dropping out of the top six ... I have every confidence we will do what it takes to stop that happening ... after all it's just good business ...
Good post, that
 
Not sure where to put this but a pal messaged me earlier saying that the following first XI cost us, if certain reports are to be believed about £75m

Lloris, Trippier, Vertonghen, Alderweireld, Rose, Dier, Winks, Eriksen, Dele, Son, Kane

Sorry but love Levy or hate him, a first team made up of those players costing £75m or thereabouts is exceptional work. Very easy to forget the good things Levy has done when a lot of people gun for him
 
Not sure where to put this but a pal messaged me earlier saying that the following first XI cost us, if certain reports are to be believed about £75m

Lloris, Trippier, Vertonghen, Alderweireld, Rose, Dier, Winks, Eriksen, Dele, Son, Kane

Sorry but love Levy or hate him, a first team made up of those players costing £75m or thereabouts is exceptional work. Very easy to forget the good things Levy has done when a lot of people gun for him

Yes, to be clear, the same price as Virgil Van Dyke! (albeit discounting inflation). When money finally kills football, we will be regarded as one of the last bastions of sanity.
 
Then back that up.
How much do you think we've spent on acquiring literally hundreds of buildings (The Guardian lists a coupe which all show as Multi-Million pound purchases)?
Where is that line of credit shown in our financials?
The first mention of finance regarding the NDP was made public about a year into the build of the stadium. Prior to this there has been 10yrs of non-stop buying land, properties, demolishing said properties, sitting on others. There has been Brook House, Lilywhite House, the development near Northumberland Park Sation, Spurs lodge developed into houses and an Autistic School, the legal costs involved for all this and the initial early phase of the build (3/4's of the foundations). The only borrowings during this time was about £30m(??? I'm guessing this fig as I can't remember the amount off the top of my head and can't be arsed to look for it so allow for a significant variation +/- on that fig, we were told at the time the facility was for the development of Hotspur Way that was rumoured to have cost +£60m).

We may well have financed every penny if that's the case show me where: Annual Reports | Tottenham Hotspur
Errrr - so your proof is some 'account from SSC'?
 
Not sure where to put this but a pal messaged me earlier saying that the following first XI cost us, if certain reports are to be believed about £75m

Lloris, Trippier, Vertonghen, Alderweireld, Rose, Dier, Winks, Eriksen, Dele, Son, Kane

Sorry but love Levy or hate him, a first team made up of those players costing £75m or thereabouts is exceptional work. Very easy to forget the good things Levy has done when a lot of people gun for him
Very admirable but unfournatly no prizes for effort. Rather spend a few quid more and have something to show for it , than always being the bridesmaid , in a state of vulnerability , and fuck off any ambitious managers .
 
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No one can provide “proof” of a speculative and educated guess numb nuts!!!!! For the 10th time, NO ONE FUCKING KNOWS except ENIC.

But i’m still waiting for you to show from our own published accounts our line of credit that you speak of. Could you do that please?
Yes, because we'll make the loan detail public ...
 
I did and it's all pure speculation - so let's leave it that, shall we
YES!!!!! It's "speculation", I've used that word along with "guess" throughout, written it numerous times. Congratulations on cracking the da Vinci code lets get the bunting out and have a celebration in honour of this minor miracle that's taken you this long for the penny to finally drop.
:freundgoal:
 
YES!!!!! It's "speculation", I've used that word along with "guess" throughout, written it numerous times. Congratulations on cracking the da Vinci code lets get the bunting out and have a celebration in honour of this minor miracle that's taken you this long for the penny to finally drop.
:freundgoal:
Are you mental - go read you original post
 


Daniel Levy critics should look at what he has achieved at Spurs
The former Egypt striker Mido tells a story of how super-agent Mino Raiola instructed him to “run” after agreeing to sign permanently for Tottenham Hotspur in August 2006.

Mido thought he was required to race for a private plane to fly him from Rome to London, but Raiola was actually telling him to run for a good seat on the easyJet flight into Stanstead that Spurs chairman Daniel Levy had booked his £4.5 million signing on to.

Levy had himself, according to Mido, arrived in Italy on the budget airline and virtually all of the players and managers to have worked under the 56 year-old will have their own stories of his money saving, or money making, schemes.

The debate over Levy’s stewardship is back on the agenda, following the latest delays to the new stadiumand the fear that manager Mauricio Pochettino may be tempted by an offer from Manchester United or Real Madrid at the end of the season.

There are those who will tell you that Levy’s Tottenham legacy is at stake over the stadium and whether or not the club can financially compete with their richer rivals when they eventually get into their new home, despite the club making their best-ever Premier League start.

And yet, for every amusing tale of penny-pinching, there are also plenty of illustrations of how Levy has been a driving force for good during almost 18 years as chairman.

Just ask Ledley King, who was allowed to swim in the pool at Levy’s house near Potters Bar in Hertfordshire to ease his chronically-injured knee into life because the facilities at the club’s old Chigwell training ground were so outdated.

When King signed his last Tottenham contract in 2010, everybody knew the ex-central defender would never be able to pass a medical to move anywhere else. But there was no hard bargaining from Levy, who rewarded him with the security of a two-year deal.

Or talk to Gareth Bale, who will tell you that Levy continued to believe in him when the Welshman started his Tottenham career without a single win in his first 24 appearances.

Harry Redknapp vehemently denies it, but there are still plenty of people around Spurs who insist Levy had to intervene to stop the club’s former manager selling Bale. Birmingham City had shown an interest, while Wigan sources have claimed Redknapp was willing to send him to the DW Stadium.

Levy was slated for effectively sacking Redknapp, but the change was part of an effort to modernise Tottenham which started promisingly under Andre Villas-Boas and has taken off since the appointment of Pochettino four years ago.

Levy’s biggest mistake over the new stadium, which had been due to open in September at a cost of £850m, may have been to insist on such a hands-on role, which is said to go as far as having a say on the design of the toilets.

He thinks nothing of rattling off emails to close aides at 3am, but that approach has also dragged Tottenham up to where they are today. How King would have loved to undergo his rehabilitation work surrounded by his team-mates and club colleagues at the state-of-the-art training complex in Enfield, which Levy opened in 2012 – the year of the 38 year-old’s retirement.

The old training ground is now a school and respite home for children with autism, which is part funded by Tottenham, and the surrounding area of the new stadium, one of the poorest in London, is benefitting from the Spurs regeneration.

Elimination from the Champions League at the group stage, with a key game against PSV Eindhoven to come on Tuesday night, would give Levy’s critics more ammunition.

But waiting for a stadium project that will eventually cost over £1billion, and seat more than 60,000 people, and worrying about Champions League participation are relatively first-world problems for a club that finished 10th, 14th, 11th, 10th and 12th ahead of Levy’s first full season at the helm. They currently sit fourth, ahead of Woolwich.

His first managerial appointment was Glenn Hoddle, back in March 2001, and Levy sent a hamper to the hospital where the Tottenham legend is recovering from a heart attack.

Older supporters still remember the real glory years, during the 1960s and early 1970s, when Tottenham won trophies with some regularity and it was during that period that Levy attended his first game with his uncle, against Queens Park Rangers, at White Hart Lane.

He recalls that he wore a huge rosette for the occasion, but Levy and most Spurs fans are now more focussed on the future than the past and that, at least, is to his credit.
 
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Daniel Levy critics should look at what he has achieved at Spurs
The former Egypt striker Mido tells a story of how super-agent Mino Raiola instructed him to “run” after agreeing to sign permanently for Tottenham Hotspur in August 2006.

Mido thought he was required to race for a private plane to fly him from Rome to London, but Raiola was actually telling him to run for a good seat on the easyJet flight into Stanstead that Spurs chairman Daniel Levy had booked his £4.5 million signing on to.

Levy had himself, according to Mido, arrived in Italy on the budget airline and virtually all of the players and managers to have worked under the 56 year-old will have their own stories of his money saving, or money making, schemes.

The debate over Levy’s stewardship is back on the agenda, following the latest delays to the new stadiumand the fear that manager Mauricio Pochettino may be tempted by an offer from Manchester United or Real Madrid at the end of the season.

There are those who will tell you that Levy’s Tottenham legacy is at stake over the stadium and whether or not the club can financially compete with their richer rivals when they eventually get into their new home, despite the club making their best-ever Premier League start.

And yet, for every amusing tale of penny-pinching, there are also plenty of illustrations of how Levy has been a driving force for good during almost 18 years as chairman.

Just ask Ledley King, who was allowed to swim in the pool at Levy’s house near Potters Bar in Hertfordshire to ease his chronically-injured knee into life because the facilities at the club’s old Chigwell training ground were so outdated.

When King signed his last Tottenham contract in 2010, everybody knew the ex-central defender would never be able to pass a medical to move anywhere else. But there was no hard bargaining from Levy, who rewarded him with the security of a two-year deal.

Or talk to Gareth Bale, who will tell you that Levy continued to believe in him when the Welshman started his Tottenham career without a single win in his first 24 appearances.

Harry Redknapp vehemently denies it, but there are still plenty of people around Spurs who insist Levy had to intervene to stop the club’s former manager selling Bale. Birmingham City had shown an interest, while Wigan sources have claimed Redknapp was willing to send him to the DW Stadium
.


Not backing his manager as per usual
 


Daniel Levy critics should look at what he has achieved at Spurs
The former Egypt striker Mido tells a story of how super-agent Mino Raiola instructed him to “run” after agreeing to sign permanently for Tottenham Hotspur in August 2006.

Mido thought he was required to race for a private plane to fly him from Rome to London, but Raiola was actually telling him to run for a good seat on the easyJet flight into Stanstead that Spurs chairman Daniel Levy had booked his £4.5 million signing on to.

Levy had himself, according to Mido, arrived in Italy on the budget airline and virtually all of the players and managers to have worked under the 56 year-old will have their own stories of his money saving, or money making, schemes.

The debate over Levy’s stewardship is back on the agenda, following the latest delays to the new stadiumand the fear that manager Mauricio Pochettino may be tempted by an offer from Manchester United or Real Madrid at the end of the season.

There are those who will tell you that Levy’s Tottenham legacy is at stake over the stadium and whether or not the club can financially compete with their richer rivals when they eventually get into their new home, despite the club making their best-ever Premier League start.

And yet, for every amusing tale of penny-pinching, there are also plenty of illustrations of how Levy has been a driving force for good during almost 18 years as chairman.

Just ask Ledley King, who was allowed to swim in the pool at Levy’s house near Potters Bar in Hertfordshire to ease his chronically-injured knee into life because the facilities at the club’s old Chigwell training ground were so outdated.

When King signed his last Tottenham contract in 2010, everybody knew the ex-central defender would never be able to pass a medical to move anywhere else. But there was no hard bargaining from Levy, who rewarded him with the security of a two-year deal.

Or talk to Gareth Bale, who will tell you that Levy continued to believe in him when the Welshman started his Tottenham career without a single win in his first 24 appearances.

Harry Redknapp vehemently denies it, but there are still plenty of people around Spurs who insist Levy had to intervene to stop the club’s former manager selling Bale. Birmingham City had shown an interest, while Wigan sources have claimed Redknapp was willing to send him to the DW Stadium.

Levy was slated for effectively sacking Redknapp, but the change was part of an effort to modernise Tottenham which started promisingly under Andre Villas-Boas and has taken off since the appointment of Pochettino four years ago.

Levy’s biggest mistake over the new stadium, which had been due to open in September at a cost of £850m, may have been to insist on such a hands-on role, which is said to go as far as having a say on the design of the toilets.

He thinks nothing of rattling off emails to close aides at 3am, but that approach has also dragged Tottenham up to where they are today. How King would have loved to undergo his rehabilitation work surrounded by his team-mates and club colleagues at the state-of-the-art training complex in Enfield, which Levy opened in 2012 – the year of the 38 year-old’s retirement.

The old training ground is now a school and respite home for children with autism, which is part funded by Tottenham, and the surrounding area of the new stadium, one of the poorest in London, is benefitting from the Spurs regeneration.

Elimination from the Champions League at the group stage, with a key game against PSV Eindhoven to come on Tuesday night, would give Levy’s critics more ammunition.

But waiting for a stadium project that will eventually cost over £1billion, and seat more than 60,000 people, and worrying about Champions League participation are relatively first-world problems for a club that finished 10th, 14th, 11th, 10th and 12th ahead of Levy’s first full season at the helm. They currently sit fourth, ahead of Woolwich.

His first managerial appointment was Glenn Hoddle, back in March 2001, and Levy sent a hamper to the hospital where the Tottenham legend is recovering from a heart attack.

Older supporters still remember the real glory years, during the 1960s and early 1970s, when Tottenham won trophies with some regularity and it was during that period that Levy attended his first game with his uncle, against Queens Park Rangers, at White Hart Lane.

He recalls that he wore a huge rosette for the occasion, but Levy and most Spurs fans are now more focussed on the future than the past and that, at least, is to his credit.



Overall I think he’s been brilliant for us

Miso should have been grateful for the run to catch his EasyJet flight
A chance to shift some of the lard!!

Someone called him a bald Jewish cunt recently

Really??

:levyeyes:
 
Yes, to be clear, the same price as Virgil Van Dyke! (albeit discounting inflation). When money finally kills football, we will be regarded as one of the last bastions of sanity.
To be honest mate those clubs that spend huge sums on building successful side are not too bothered about all that when they continue to Hoover up trophies.
I appreciate what your saying but when shit clubs like west ham spend 100m then those figures kind of seem out dated unfortunately.
 
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