New New Manager Poll (The Lets Get It Right This Time Edition)

[Finney Is Back]

It said so in the last financials. Didn't read it myself but spurstalkshow mentioned it.

It didn't. The only mentions of the equity injection in the last set of financials were as follows:

1. (Page2): 'In addition the group had net cash inflow from financing activities of £96m driven by the equity raise'

2. (Page 8): 'During the year ENIC Sports Inc. subscribed for 100,000,000 £1 'A' ordinary shares. These do not hold voting rights, ENIC is able to convert the 'A' shares into ordinary shares at any time. Upon subscription of the 'A' shares ENIC were issued with warrants by the Group. At the balance sheet date the 'A' shares had not been converted to ordinary shares, however the process to convert them had commenced. The warrants are held as financial liabilities at fair value through profit of loss ("FVTPL").'

3. (pages 30 & 48): ''During the year the Club agreed a capital increase of us to £150,000,000 from the majority shareholder, ENIC Sports Inc ("ENIC"), via the issue of convertible 'A' ordinary Shares and accompanying warrants. The investment represents permanent capital, with no ongoing interest to the Club. Pursuant to the agreement, ENIC subscribed for £100,000,000 'A' ordinary shares in May 2022.

The 'A' ordinary shares are convertible into ordinary shares with fair value of £100,000,000 at any time at the option of ENIC subject to a number of variables. The 'A' ordinary shares are an obligation to deliver a variable amount of the Company's own equity instruments and so are a financial liability within the scope of IFRS 9. A notice to convert the 'A' ordinary shares was received in June 2022. The conversion will conclude subsequent to the year end and will result in the issuance of ordinary share capital with will become part of the Club's permanent share capital and treated as equity, increasing ENIC's holding to 86.58% The investment is shown in the balance sheet net of £1,636,000 of arrangement fees.'

 

[tommysvr]

https://twitter.com/x/status/1638187112657743872

Very glad to see Postecoglu’s name in there. Remains far and away my first pick.

 

[AdamB]

Feels like Paratici will go out of his way not to appoint Poch. Could the up with another Gattuso situation where the board folds to fan pressure.

That's my fear too. Paratici has done a very good job in terms of transfers, however the one managerial appointment which he was involved with didnt inspire confidence. Then again, Levy's record is patchy too

That said, I think if Levy choses the next manager, he'll be more sympathetic to getting someone who plays the right way, rather than Paratici where the risk is of a more 'pragmatic' manager

 

[AdamB]

https://twitter.com/x/status/1638187112657743872

Very glad to see Postecoglu’s name in there. Remains far and away my first pick.

Really? Why? Presumably influenced by your Aussie location?

Never managed in a major European league so find it hard to think Levy would go for him.

Would be up there is Christian Gross in terms of risk and pedigree if you ask me

 

[markysimmo]

That's my fear too. Paratici has done a very good job in terms of transfers, however the one managerial appointment which he was involved with didnt inspire confidence. Then again, Levy's record is patchy too

That said, I think if Levy choses the next manager, he'll be more sympathetic to getting someone who plays the right way, rather than Paratici where the risk is of a more 'pragmatic' manager

Didnt Levy want Fonseca who was attacking but Paratici wanted a more defensive manager hence we got Conte

 

[Finney Is Back]

That's my fear too. Paratici has done a very good job in terms of transfers, however the one managerial appointment which he was involved with didnt inspire confidence. Then again, Levy's record is patchy too

That said, I think if Levy choses the next manager, he'll be more sympathetic to getting someone who plays the right way, rather than Paratici where the risk is of a more 'pragmatic' manager

I think Levy will be perfectly happy for Paratici to choose the next manager. The DoF can then be the fall guy when that manager doesn't keep on outperforming the financial resources provided.

 

[glorygloryeze]

That's my fear too. Paratici has done a very good job in terms of transfers, however the one managerial appointment which he was involved with didnt inspire confidence. Then again, Levy's record is patchy too

That said, I think if Levy choses the next manager, he'll be more sympathetic to getting someone who plays the right way, rather than Paratici where the risk is of a more 'pragmatic' manager

Actually i'd imagine the issue is Poch won't want to work under a DOF....I think Paratici lieks managers who have solid defensive foundations rather than being just pragmatic.
I'm sure Paratici was part of Juve leadership that wanted Poch...

 

[glorygloryeze]

Didnt Levy want Fonseca who was attacking but Paratici wanted a more defensive manager hence we got Conte

Levy/ENIC wanted Conte well before we started chasing Fonseca, ETH and others.

 

[Robspur12]

I do fear we are going to have a summer EVEN WORSE than the shambloic search we saw in summer 2021..after that Conte rant i can't see we are any more attractive to good managers than we were then...and that kind of situation leads the boad to dance with the devil so to speak (as they kind of did to a degree with going with Conte who hasn't acted any differently to how he has previously)...oh boy...

I think we are in a much better position squad wise than last summer. We have done some reasonable business since. If we can keep Kane then it's an attractive proposition. We don't need a big name manager.

I think Conte's rant will do him more harm than us. It's no mystery how long it's been since we last won a trophy, mostly because we don't have the financial might to bring in the top quality players. But we have, despite the obstacles, managed to qualify repeatedly for the CL, reaching the quarter final and final.

It also depends on who we are going for. Villa and Brighton have weaker squads than us imo and yet had no problems attracting decent managers. We just need to be clear about what kind of manager we want and go for it.

 

[glorygloryeze]

I think we are in a much better position squad wise than last summer. We have done some reasonable business since. If we can keep Kane then it's an attractive proposition. We don't need a big name manager.

I think Conte's rant will do him more harm than us. It's no mystery how long it's been since we last won a trophy, mostly because we don't have the financial might to bring in the top quality players. But we have, despite the obstacles, managed to qualify repeatedly for the CL, reaching the quarter final and final.

It also depends on who we are going for. Villa and Brighton have weaker squads than us imo and yet had no problems attracting decent managers. We just need to be clear about what kind of manager we want and go for it.

The last twenty years should tell us all we need to know about the likelihood of that..!

 

[glorygloryeze]

https://twitter.com/x/status/1638187112657743872

Very glad to see Postecoglu’s name in there. Remains far and away my first pick.

Is he good at squad rotation? Does he set up solid defences?

 

[Lilbaz]

@Finney Is Back found an article on football london saying it has been extended.

It appears the offer of the capital increase has been extended as, when contacted by football.london on Friday, the club confirmed that the commitment remains from ENIC for the remaining £50million of the £150million into 2023.

That would appear to suggest that the original intention to increase the ownership up to "circa 87.5%" if they took it remains and could also provide the club with some extra finances ahead of the summer transfer window on top of another full season with a fully open and packed out Tottenham Hotspur Stadium.

https://www.football.london/tottenham-hotspur-fc/news/tottenham-150m-enic-capital-increase-26205805

 

[Finney Is Back]

@Finney Is Back found an article on football london saying it has been extended.

It appears the offer of the capital increase has been extended as, when contacted by football.london on Friday, the club confirmed that the commitment remains from ENIC for the remaining £50million of the £150million into 2023.

That would appear to suggest that the original intention to increase the ownership up to "circa 87.5%" if they took it remains and could also provide the club with some extra finances ahead of the summer transfer window on top of another full season with a fully open and packed out Tottenham Hotspur Stadium.

https://www.football.london/tottenham-hotspur-fc/news/tottenham-150m-enic-capital-increase-26205805

Fingers crossed they do invest it but I won't count my chickens until it happens.

 

[Dicko]

Seeing a few links again to Tuchel. Doesnt seem like the fanciest name on the list and he is another ex chelsea. Someone convince on his good points

 

[Gazza Dazzla]

Actually i'd imagine the issue is Poch won't want to work under a DOF....I think Paratici lieks managers who have solid defensive foundations rather than being just pragmatic.
I'm sure Paratici was part of Juve leadership that wanted Poch...

That was part of the problem during the end of the stadium build and the infamous year of no signings. Had we had a Paratici type in place with his connections flippping players in/out, loans, etc. for a net zero spend we may have been better off.

Hopefully Levy would stick to his guns in that respect this time, a dof is pivotal to us.

 

[glorygloryeze]

Seeing a few links again to Tuchel. Doesnt seem like the fanciest name on the list and he is another ex chelsea. Someone convince on his good points

I can't see it; I think he'll have bigger offers than us

 

[alekaras]

Feels like Paratici will go out of his way not to appoint Poch. Could the up with another Gattuso situation where the board folds to fan pressure.

Why do you say that Paratici will go out of his way not to appoint Poch? What do you know about their relationship or characters that would lead you to such a conclusion?

 

[alekaras]

I think Levy will be perfectly happy for Paratici to choose the next manager. The DoF can then be the fall guy when that manager doesn't keep on outperforming the financial resources provided.

So Levy is going to cut off his nose to spite his face. Makes sense.

 

[billyiddo]

So Levy is going to cut off his nose to spite his face. Makes sense.

Levy needs to step away from football decisions...

Ooohhh that dastardly Levy leaving the football decisions to his DoF so he can be the fall guy

 

[AdamB]

Actually i'd imagine the issue is Poch won't want to work under a DOF....I think Paratici lieks managers who have solid defensive foundations rather than being just pragmatic.
I'm sure Paratici was part of Juve leadership that wanted Poch...

Poch worked under a DoF at PSG and frankly if he ever wants to manage again, he probably has to accept some form of DoF structure.

What serious team gives a manager carte blanche over transfers?