Glenda's Legs
Jack Jull
Possibly, things can change over time, or possibly not. Either way I wasn't commenting on the philosophy, rather correcting misinformation by whomever created the picture.
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Daniel Levy - Former Chairman
- Thread starter Howard Webb
- Start date
Possibly, things can change over time, or possibly not. Either way I wasn't commenting on the philosophy, rather correcting misinformation by whomever created the picture.
I'd guess that would be Hitchen then. Lol have you seen his wikipedia page.
Fyi i want campos/galtier team in. If not gasperini.
Baleforce
Mark Falco
Thats interesting, I would have bet money that in 2014 Joe Lewis had never heard of him.
SpurMeUp
Tommy Harmer
I can't imagine Lewis gets involved too much. Probably have a catchup chat now and again, and Levy probably uses him as a sounding board. Lewis is very hands-off.
Lewis was (allegedly) the one who sacked redknapp. He was covering as levy's mum had just died.
Bedfordspurs
Gary Lineker
I think that’s a reasonable assumption
But the value of THFC must be right up there as Lewis’s biggest asset as an individual investment I assume..
Lewis is meant to be worth £3.7bn. spurs meant to be worth £1.6bn. lewis owns what 70% of spurs. So yes a huge chunk. Tavistock most of the rest.
nelto
Young-Pyo Lee
You made me have a look, that is funny:
From Wikipedia, the free encyclopedia
Steven James Hitchen (born 28 November 1976) is an English retired professional footballer who played as a defender for Blackburn Rovers and Macclesfield Town in the Football League. He works as the chief scout for Tottenham Hotspur and is pretty useless.
Bedfordspurs
Gary Lineker
Tavistock owns the share in ENIC I think...
SpurMeUp
Tommy Harmer
Yes true. Though when Finny was outlining the value of Chelsea, I was not so sure. The value of a football club is highest sold to a fan as a plaything. See Arse-Spotify. As a business, because of the wages it really isn't very attractive. Few clubs turn a profit that isn't re-invested. So you're outlaying 2b say, without the prospect of any return, just the asset. That is fine if you're in love with the club, but as a business it sucks. Chelsea was reportedly up for sale for some time - since Abromovich's visa to the UK was questioned. But it has not been sold.
@Finney Is Back was talking about Ebitdar, which is a measure of a companies profitability before tax or any funny business. Its what is commonly used to value companies for a sale. I can not imagine an EBITDA equation values Prem football clubs as highly as we think. Would be interesting for someone to run the numbers.
SpurMeUp
Tommy Harmer
What year was that for?
So to value the company you then use a multiplier of EBITDA I believe. I am not sure how one determines the multiplier. Often quite arbitrary. I think its often around 10 to 15 depending on the sector and prospects for growth etc? So for us that would equal about 1.5b on those figures. Of course, ultimately Spurs is worth what someone is will to pay /Enic will accept.
Bedfordspurs
Gary Lineker
I’ve done those numbers loads of times
Our issue is even if you use EBITA for a football club at a ratio of 10 x and balance that against debt... Spurs would be worth nothing
With clubs you buy loyalty and good will , assets, and speculate on future growth
Unless clubs can access their own broadcast streams and add a lot of sponsors the values won’t really grow
TV income is what drives clubs turnover more and more now as most clubs have a limited ground revenue
Danishfurniturelover
the prettiest spice girl
???? When has Lewis ever got involved in football matters.
Utter rubbish.
JerusalemMan
Jimmy McCormick
2019/20
JerusalemMan
Jimmy McCormick
I don't think we really know.
People just speculate, it's not as though we would ever be explicitly told
Says at the bottom. Yellow is for up to may/june last year. Red the season before.
Obviously this seasons won't be out till next year.
Agreed. If levy ever writes a biography it would be an interesting read. Think a lot of people assumptions might be off the mark.
Pleat advised levy for a long while. Then we had arnesen, baldini.
Poch and redknapp didn't seem to want anyone in that role.
We'll see if he goes back to it.
Danishfurniturelover
the prettiest spice girl
Big reach to think he was involved when he has never had an active interest in us. Barely goes to games even when he does come over to London. Would be far more plausible that whoever Levy leaves the day to day running of the club to when he is away would deal with it.
It does not stack up actually as Levy would even with the death of a parent still be on the end of the phone, the guy is a workaholic and I have known many of them.