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You’re asking people to have a better understanding of financials than they do or care about.
We have one guy who watches with us that moans constantly about ENIC during games — fortunately, only one — and his argument is ‘it’s a football club not a business’. You can’t argue with that mindset. I suggest that you don’t even try.
Yeah, you are correct.Serious questionstevee , I'm struggling to see the difference between option 2 and a magic money tree.
Responsible investing is what ENIC does. They aren't speculators, they get ROI. They're good at it.
So, I assume it means 'gives us free money, but at the right time in the right place'. Since we don't have the need to bribe Northern Ireland, I can't see the magic money tree existing again any time soon. Is there a real life example of this kind of thing? Otherwise, aren't we just talking about option 3?
FWIW, Boehly et all are going to ruin the Chavs when they need their money back. I don't see anything sustainable there. Happy to watch, though!
Option 2 is a new owner investing wisely, his own money, and without breaking FFP.
Enic/Lewis have invested, literally, £0 of their own into THFC although there was a type of share cost investment.
It's certainly wasn't my intention to do that, and I honestly can't see how you put that spin on it.
It's purely and simply a poll to reflect the type of owners people want and to prove that there really is no such thing as "Enic in" posters.
Apologies if I've taken you up wrong, only your post is a stand alone one.
Taking the piss out of ENIC?
The way the club has been run the last 4 years I would suggest it’s the other way round
After seeing what Elon has done with Twitter I only want him as our new owner.
Would call us XSpurs or something like that. Tottenham HotX
Would call us XSpurs or something like that. Tottenham HotX
I think, at the end of the day, we both see pretty much the same thing, just from different perspectives, to a degree.
I feel it's a horrible position to be in personally, as we simply won't be able to compete on level terms with state run clubs, over the long term. It's the primary reason why I've lost a vast amount of the interest I have in Football as a whole, as I don't really want us to be another doped club but, realistically, it's the only way the field is levelled for us if we want consistent success.
Option 7: Do a Leeds
Football was always that way. We won the double because we had richer owners.
Liverpool had all their success in the late 70's and 80's because of the Littlewoods injecting a comparatively huge amount of money into the club.
The landscape fluctuated, with different clubs getting primacy depending on how much their owners were prepared to spend of their own money.
We now have competition between nation wealth now, and we're not in that group. However, the absolute top talent in the World always has to start at some point, so we need to be one of those clubs that is proficient in both spotting and developing them. Alongside this, I feel we also need to have an owner prepared to take the odd gamble and use his own money to ensure the right player(s) is secured.
FWIW, I don't disagree with your sentiment, if it were applied to Football as a whole. But this is in relation to Spurs only, so 2 is the only compromise I can see where my own opinion towards our club is concerned.
I just think you've gone a bit too far in trying to assuage the ENICout crew (which it's hard to blame you because no one wants to get bogged down in that trench warfare again) and it doesn't help that you apparently exceeded some field character/word maximums and shopped off the meaty part of options 4 and 5 leaving it up to interpretation.
In my opinion, #1 is #5. There's absolutely no evidence that ENIC take money out of the club - everything is reinvested. And no, it's not reinvested in go karts and Sainsbury. The difference between ENIC and FSG (also #5l is basically naught, right down to the net spend. The only real differentiation that most supporters can pick up on is that FSG tolerated slightly more risk than Levy has shown a willingness to do with a wage:turnover of 64% (vs. 57%) and the willingness to lay out a transfer fee for VVD that was about 17% of their revenue at that time (vs. Spurs signing Ndombele for 15% of our revenue at the time).
1/5: Spurs, FSG
2: Most football clubs, but primarily because football clubs are a poor financial investment which are rarely self sufficient and so these benevolent owners are just trying to keep the enterprise afloat.
2b: Irresponsible spenders that end up jeopardizing their clubs. Leeds, Pompey, Everton, probably Leicester before all the dust settles.
3: We know who these are
4: United is the only club I can think that fits the bill here, so long as you classify the debt payments due to the takeover scheme as taking money out of the club. We will probably be in this category when Levy borrows money to buyout Lewis and take over the club, which is the most likely scenario in any ownership change.
Thanks for the response, very well put.
My issue with that thought, then, is that with 3 running the shop 2 will still be inadequate and ultimately futile.
I absolutely agree with you re our revenue being wholy re invested in THFC.
Unfortunately there are still some in here that believe that isn't the case.
I also wanted to keep the options as simple as possible, due to not having people rehash the same old arguments.
Even then, there was still someone who split hairs on an option (option 5),although tbf, that could be because of lack of character space as you said
Yup. I joked about this when discussing Lewis’ legal troubles yesterday but I do see this as the likeliest takeover scenario.
Imagine the potential cross-promotion synergy at Easter time:
HotSpur X Buns anyone?
I always knew you were Levy.Imagine the potential cross-promotion synergy at Easter time:
HotSpur X Buns anyone?
I was hoping you could collab with
Mrs Perryman
what with her famous muffins and your Cockrell baking stamp.The company will of course take good(-ish) care of you.
