Doh! Somehow NBA morphed into NFL in my mind.
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Daniel Levy - Former Chairman
- Thread starter Howard Webb
- Start date
Baleforce
Terry Naylor
They’ve not stepped in before, most of the clubs in the league are owned by wrong uns.
Bishop
Les Ferdinand
Why would they stop the move? Under what concerns?
SirPercyHotspur
Milenko Acimovic
Only started in July 2025, not sure they have had many takeovers to oversee yet.
MartyFunkhouser
Garth Crooks
It is the O2 apparently, but then again I suspect (and I think business wise its a good idea, not for sports fans) but you basically play games in all major European cities on occasion. City will pay for the privilege which will cover a host of costs, loads of then commercial revenue to make
MartyFunkhouser
Garth Crooks
I suppose if you own a company that defaulted on loads of payments it might not have you covered in fit and proper (if taking over the whole club). I say that vaguely as I have zero idea on the criteria for fit and proper seeing as we allowed a murderous Russian in
SirPercyHotspur
Milenko Acimovic
If the Google AI search is correct, then Triller the parent company of Eight Sports may be considered as not suitable owners by the Regulator but it's all guesswork.
Corporate analysts have highlighted acute funding risks associated with the firm. Its parent company, Triller, was officially delisted from the Nasdaq stock market following repeated failures to file mandatory financial reports and ongoing doubts regarding its status as a "going concern"
SirPercyHotspur
Milenko Acimovic
But that was the Premier League that allowed the Russian to become an owner not the Regulator who wasn't in existence at the time , regulator only started last year.
About | Independent Football Regulator
The Independent Football Regulator (IFR) has been established to protect and promote the sustainability of English football, for the benefit of fans and the local communities football clubs serve.
MartyFunkhouser
Garth Crooks
But that was the Premier League that allowed the Russian to become an owner not the Regulator who wasn't in existence at the time , regulator only started last year.
About | Independent Football Regulator
The Independent Football Regulator (IFR) has been established to protect and promote the sustainability of English football, for the benefit of fans and the local communities football clubs serve.www.footballregulator.org.uk
Fair enough, either or though right? Both should have interests of clubs and longevity at heart.........he says
NoLimits01
Pascal Chimbonda
They could use their shares to invest heavily into Enic and dilute the shares of the nepos
metalgear
Barry Daines
Lol well he can build them a new stadium with a movable floor to host 5 a side futsal
metalgear
Barry Daines
so to summarize ... levy had 30% in enic. sold 24.9% to Eight Sports Capital.
24.9% is below UK significant shareholder so levy could sell without any interference from Lewise family trust or the regulator.
levy will use the money to buy an NBA franchise to bring to the UK.
While without majority shareholding, levy can still potentially gang up with Eight Sports to challenge Lewis family trusts on certain matters.
24.9% is below UK significant shareholder so levy could sell without any interference from Lewise family trust or the regulator.
levy will use the money to buy an NBA franchise to bring to the UK.
While without majority shareholding, levy can still potentially gang up with Eight Sports to challenge Lewis family trusts on certain matters.
metalgear
Barry Daines
someone should do an Arsenal vs Spurs story. Same idea of bigger stadium - then everything went different
SirPercyHotspur
Milenko Acimovic
To put a spanner in the works , ENIC SPORTS AND DEVELOPMENTS HOLDINGS LIMITED are not subject to UK financial rules , it's down to whatever the rules are in The Bahamas or depends on where ENIC are registered, there are various ENIC companies but the ultimate owners of THFC are the ones above and they are not registered in the UK.
Not as simple as that
- You have company house rules, UK football rules and UBO (ultimate owner) rules
The fact that the sales was exactly 24.9% is showing the model is subject to UK rules, it's to avoid certain triggers, beyond the threshold, 25% could have triggered ownership review from PL, and ENIC will have to at some point update UBOs for UK.
ShipOfTheseus
Young-Pyo Lee
Perhaps Levy was similarly confused and he’ll be really annoyed when an overgrown netball tram is airfreighted to his mountain lair.
Gutter Boy
Tim Sherwood
The underground car park at WHL? You'd be able to get some retractable seating in there
Seriously though, we should definitely be looking to build a Co-op Arena type venue on the Worcester Road school field site
SirPercyHotspur
Milenko Acimovic
If Google correct it looks like it's the same 25% in The Bahamas as the UK, about time we had an official statement from someone.
Beneficial Ownership Secure Search (BOSS) System: Under the Register of Beneficial Ownership Act, all Bahamian companies must report their true beneficial owners. A beneficial owner is defined as any natural person holding 25% or more of the company’s shares or voting rights.
Ace Face
Noé Pamarot
Remember that ENIC only owns approx 86% of THFC shares, so even if someone buys 25% of ENIC’s shares, that only gives them about 21-22% of THFC.
However, there are various control issues such as the voting rights of those shares, board seats etc. which could have further impact on the ownership structure. Not all shares are created equal.