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Daniel Levy - Former Chairman

Gutter Boy said:
This is the guy who has just bought 1/4 of the club then

Hopefully he's got funds to now move for the Nepos other 3/4



Mr. Wing Fai NG is the Executive Director and Chief Executive Officer of AGBA Group Holding Limited (AGBA).

Mr. Ng earned his reputation in restructuring and transforming financial institutions in Asia in investment banking and private equity. He was the Managing Partner and Founding Partner of Primus Pacific Partners; an Asian private equity fund focused on financial services. At Primus Pacific Partners, he oversees substantial investments in New China Life Insurance Co., Ltd., the fourth largest life insurance company in China, EON Bank, the seventh largest bank in Malaysia, and many significant proprietary investments worldwide with a value of over USD2 billion.

Mr. Ng joined Fubon Financial Holding Co., Ltd. (“Fubon Financial”), the largest financial service conglomerate in Taiwan, in 2000 as the Group Managing Director reported to the board and the founding Tsai Family. He was in charge of Fubon Financial’s overall strategy, capital markets, merger, and acquisition activities. In addition, he initiated a group-wide reorganization, driving the consumer banking business, customer relationship management system, and financing programs.

Among his many regional transactions, Mr. Ng represented and advised the Tsai family and Fubon Financial in its USD850 million strategic alliance with Citigroup in 2000. He also orchestrated the International Bank of Asia acquisition in Hong Kong in 2004. In addition, he led the winning bids to acquire Taipei Bank in Taiwan for USD2.3 billion the following year. Before his position at Fubon Financial, Mr Ng served as the Managing Director and Head of the Asia-Pacific Financial Institutions Group at Salomon Smith Barney (now known as Citigroup).

Mr. Ng received his undergraduate degree from the University of Cambridge where was a Jardine Scholar, and had an MBA from Harvard.

Leadership & governance

AGBA leadership & governance
www.agba.com www.agba.com
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Thought Xi stopped the Chinese from buying into football clubs?
 
ricky2tricky4city said:
Hard to tell.

Could be an initial purchase of shares that were available....before a hostile takeover later on.

Or. These are the ultimate new owners, that the Lewis's know they'll be selling to, so may put money in in lieu of that, maybe getting something more for that.(Equity, options etc) As the money they've ponied up so far has gone straight to DL.
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We're not a plc. It's a limited company. Can they do a hostile takeover?
 
Lilbaz said:
We're not a plc. It's a limited company. Can they do a hostile takeover?
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I think you're right in the sense of we don't have thousands of shareholders (although I think it's around 13/14% still in the hands of fans/small investors etc) to tempt with a compelling offer to jump ship from current owners/management.

I'm probably thinking more of the situation Arsenal had with a noisy minority part owner.(Usamov) (Obviously this can be an annoyance or hindrance as well)
 
The whole situation is quite complex and really needs someone qualified to explain all the intricate details.
Tottenham Hotspur Ltd is a private limited company so is not quoted on any stock exchange , the majority owners of TH Ltd are ENIC Sports Inc or whatever name they go under now , they are registered in the Bahamas and probably also a Private Ltd Company so not quoted on any stock exchange.
Even if this new lot own just under 25% of the shares does it make any difference , the majority shareholders the Lewis family ousted Levy from his position and he held approx. 30% of ENIC , so the Lewises are still in control.
Any experts out there on corporate dealings.

PS
Keep reading reports that Eight Sports Capital are worth so many billions, does it really matter, the net worth of West Hams owners is higher than ENIC and where are The Hammers now. :):):):):)
 
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SirPercyHotspur said:
The whole situation is quite complex and really needs someone qualified to explain all the intricate details.
Tottenham Hotspur Ltd is a private limited company so is not quoted on any stock exchange , the majority owners of TH Ltd are ENIC Sports Inc or whatever name they go under now , they are registered in the Bahamas and probably also a Private Ltd Company so not quoted on any stock exchange.
Even if this new lot own just under 25% of the shares does it make any difference , the majority shareholders the Lewis family ousted Levy from his position and he held approx. 30% of ENIC , so the Lewises are still in control.
Any experts out there on corporate dealings.
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Some of it would depend on whether or not DL’s shares include a seat on the Board.
 
Baleforce said:
Well what’s he getting out of it?

The bubble is gone, the value won’t go up.

How’s he making his money back, or what is getting out of it that is worth the cash?
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I've heard some very good things about Auxerre's Chinese owner, James Zhou (I think). Of course, it's a very small club, but he's done all the right things: let the people he hired work, never interfere with the sporting side, pay the checks to keep the club afloat.

Unfortunately, he's surrounded himself with idiots and incompetent macarons but with the right staff (and assuming what I've read about him is true), he's the kind of owner most fans would dream of. What is he getting out of it though, I have no idea. The club is in constant turmoil become local politicians use it as their plaything and from a financial point of view, the club is very poorly run (but they don't care, since Zhou is paying all the bills... for now).

Maybe he uses the club for laundering money. I don't know anything about his business. Just saying some people are apparently rich enough to be decent club chairmen, apparently.
 
SirPercyHotspur said:
The whole situation is quite complex and really needs someone qualified to explain all the intricate details.
Tottenham Hotspur Ltd is a private limited company so is not quoted on any stock exchange , the majority owners of TH Ltd are ENIC Sports Inc or whatever name they go under now , they are registered in the Bahamas and probably also a Private Ltd Company so not quoted on any stock exchange.
Even if this new lot own just under 25% of the shares does it make any difference , the majority shareholders the Lewis family ousted Levy from his position and he held approx. 30% of ENIC , so the Lewises are still in control.
Any experts out there on corporate dealings.

PS
Keep reading reports that Eight Sports Capital are worth so many billions, does it really matter, the net worth of West Hams owners is higher than ENIC and where are The Hammers now. :):):):):)
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As has been reported

- Levy (if he did) sold ENIC shares (not Spurs), that has some important aspects, one is it doesn't affect the fans who still own Spurs shares in anyway
- 25% is the threshold in UK not to run, but to be able to block things (you could make life miserable)
- Yes, Levy was outed as Chairman but he could have still wielded his 30% to challenge Lewis family on stuff.
- As @Ace Face mentioned, the particulars of Levy's shares matter (we do not know), I'd assume they gave him decent rights (as he was defacto running the club and would hardly have cut himself a bad deal)
 
Bishop said:
Ok I misunderstood your initial comment. However Barcelona for example absolutely do have a set system that a coach must conform to. Their system and structure has been set for decades all the way through the juvenil structures, it's why A Yamal or Blade or a Cubarsi can come and slot straight in whether the coach is a Xavi or a Flick. A Thomas Frank for example couldn't get the Barcelona job and then decide he wanted to play long ball, he would probably get sacked with weeks. Bayern Munich aren't much different, they again have a set of parameters to which a coach must meet. Ajax the same. As I said that's even the case some what with Madrid but they are more chameleon like and will adjust around the current players they have more than the coach but will give the coach a decent amount of leeway to structure his team.

Barcelona are quite like Brighton, in fact I'd argue it's Brighton who are trying to replicate the Barcelona/Ajax model at a lower profile. At Barcelona the coach isn't a replaceable cog until he is; xavi, Koeman, Valverde, Martino, Reach etc are all examples of this and Barca absolutely do buy young and sell on, it's just that as an elite club and at the very top of the tree they get to keep the very best and player trade the rest who don't quite make it.
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They have a set philosophy. Within that philosophy a coach can choose the system they feel works best to execute the philosophy.
I think it's fair to say a Thomas Frank would not have got the job. That's it. We had a philosophy in place and all tiers of the club were running on it. We simply didn't believe enough in it to find a manager who had the same philosophies as Ange with perhaps a more tweaked approach. We essentially gave up on it all after just two years (which yielded a trophy). Weird.
 
harr1984 said:
The problem is we are now prepared to offer wages you pay for big players, but we are unattractive for that level of player to join. A club not in Europe will struggle to attract the stature of player even if offering the wages. Let's see what the next few windows bring....
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A year out of Europe with a big pay packet would be just fine for most players, especially if De Zerbi is there to pitch them the full ticket.
 
Raziel said:
Not quite either, because if the new investors get Levy to agree with them on something, the combined amount would amount to significant control.

(Total speculation) this allows Levy to not be the active party but still have some say in how the Lewis family is countered?
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will be amazing if new owners take over majority shares and then bring levy back as ceo hahaha

on the other hand, what an amazing job paul barber has done as brighton's ceo - real moneyball stuff happening there.
 
harr1984 said:
The problem is we are now prepared to offer wages you pay for big players, but we are unattractive for that level of player to join. A club not in Europe will struggle to attract the stature of player even if offering the wages. Let's see what the next few windows bring....
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If you pay big wages then players will come.
 
I haven't caught up on all the happenings since yesterday but I did see this the other day (not sure if already posted), which might explain why Levy is selling up :

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Story, such that it is (not a lot of substance) here
 
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