Carlyle takeover, was Cain Hoy takeover

[Craig_J]

Re: Cain Hoy takeover

It's always been the Lewis/Levy strategy - new ground, champions league, sell out at the top, run away

Source?

Does he really need a source? Wow. I'm stunned you've asked that! As Enic are an investment company I thought every Spurs fan knew that this was the case. I've known it for the past 8 years (at that point I was only 13!) but didn't really care as a shiny new stadium, champions league football and being left in profit didn't seem a bad deal to me and still doesn't.

If you can suggest any reason why Enic aren't looking to simply make a profit out of us I would be very intrigued to hear it. But I always thought it was clear to all that we are merely to them what their company title suggests - an investment. In fact I would say that almost all of the clubs in our league are an investment, apart from those owned by billionaires with big egos who like to have their names in the taibloids for all the players they can throw cash at (no names hey mr abromovich).


EDIT: Before people jump on my back I'm not saying that we will have regular champions league and a shiny new stadium, just that is what appears to be ENICS original intention. Thought I'd clear that up as I know this forum can be really bitchy at the best of times. Now fight fair ladies.

13 years later and still being accused of being in it for a quick flip eh?

If Levy/Lewis really wanted out, they would have done so the year we qualified for CL.

If you have a business and you release a ground breaking product you don't sell out the moment you release it. You sell it once the product is stable and making mega bucks, after all that is when the product is enriching the company name.

I don't think anyones saying 'qucik buck'. Tottenham Hotspur is a long term project and I think Levy and Lewis knew that when they took it on. But clearly they will sell if we ever become Champions League regulars. The new stadium though I believe is the thing they really want to increase our market value. I don't dislike Enic at all, I actually like how they run us. But they certainly aren't here for charitable endeavours. They see us as a tool to make money out of, which is fair enough. The only debatable part is if whether different methods would have granted us and theirs wishes sooner.

 

[LutonSpurs]

Re: Cain Hoy takeover

The article in the Standard mentions the Caryle Group - http://www.standard.co.uk/sport/foo...ium-seeks-talks-with-daniel-levy-9856135.html

They have lots of lots of money.

Some of their business has made alot of money from wars etc.. but they have lots of money, so...

 

[Mumorn]

Re: Cain Hoy takeover

Alan Sugar wants to buy the club :lol:

 

[Gutter Boy]

Re: Cain Hoy takeover

I do wonder how much all the takeover speculation in September has amplified the poisonous atmosphere at WHL?

Dreams (or nightmares) of becoming the next Chelsea causing even more unrealistic expectations/sense of entitlement/lack of patience etc.

 

[milo]

Re: Cain Hoy takeover

I do wonder how much all the takeover speculation in September has amplified the poisonous atmosphere at WHL?

Dreams (or nightmares) of becoming the next Chelsea causing even more unrealistic expectations/sense of entitlement/lack of patience etc.

I don't think that it has had a significant impact. I think that it is losing games and being outspent by other clubs that has been the cause.

 

[Modric THFC]

Re: Cain Hoy takeover

The article in the Standard mentions the Caryle Group - http://www.standard.co.uk/sport/foo...ium-seeks-talks-with-daniel-levy-9856135.html

They have lots of lots of money.

Some of their business has made alot of money from wars etc.. but they have lots of money, so...

The intriquing thing here is all references to the the Carlyle Group have since been removed.
This happened on the standard article above and from one in the independent also.

You can see the reference to it from another publication http://hereisthecity.com/en-gb/2014...er-of-tottenham-is-bad-news-for-spurs/page/1/
An insider told the Standard: “The Americans want to keep Mr Levy on board, which appeals enormously. It’s hard to ignore backers who are supported by Carlyle — but we still have to see what they are prepared to offer.”

Quote now in the Standard “The Americans want to keep Mr Levy on board, which appeals enormously. It’s hard to ignore such prestigious backers — but we still have to see what they are prepared to offer.”


The club PR department are obviously behind this. Why? Because the Carlyle name is not one most Spurs fans would like to associated with.

 

[milo]

Re: Cain Hoy takeover

The club PR department are obviously behind this. Why? Because the Carlyle name is not one most Spurs fans would like to associated with.

I would think that it is more likely that Carlyle or another part of the consortium asked for the change

 

[jimmyb]

Re: Cain Hoy takeover

I would think that it is more likely that Carlyle ask for the change

Agreed.

 

[Finney Is Back]

Re: Cain Hoy takeover

I do wonder how much all the takeover speculation in September has amplified the poisonous atmosphere at WHL?

Dreams (or nightmares) of becoming the next Chelsea causing even more unrealistic expectations/sense of entitlement/lack of patience etc.

No impact at all. I bet there is hardly a soul who is thinking about this sort of thing as they watch the game. The poor atmosphere at WHL (and as I KEEP saying it is not poisonous at all, just one of dissatisfaction) is caused by the poor, disjointed, lazy displays on the pitch.

 

[jimmyb]

Re: Cain Hoy takeover

No impact at all. I bet there is hardly a soul who is thinking about this sort of thing as they watch the game. The poor atmosphere at WHL (and as I KEEP saying it is not poisonous at all, just one of dissatisfaction) is caused by the poor, disjointed, lazy displays on the pitch.

In my experience - and in that of many, many other Spurs fans - it is.

 

[iggyfog]

Re: Cain Hoy takeover

The intriquing thing here is all references to the the Carlyle Group have since been removed.
This happened on the standard article above and from one in the independent also.

You can see the reference to it from another publication http://hereisthecity.com/en-gb/2014...er-of-tottenham-is-bad-news-for-spurs/page/1/
An insider told the Standard: “The Americans want to keep Mr Levy on board, which appeals enormously. It’s hard to ignore backers who are supported by Carlyle — but we still have to see what they are prepared to offer.”

Quote now in the Standard “The Americans want to keep Mr Levy on board, which appeals enormously. It’s hard to ignore such prestigious backers — but we still have to see what they are prepared to offer.”


The club PR department are obviously behind this. Why? Because the Carlyle name is not one most Spurs fans would like to associated with.

The Carlyle group I think got a bad press from Michael Moore's film - yes they invest in defense but they also invest in a load of other types of companies as well. They are just a huge private equity firm with around $200bn aum, no different from other groups such as Blackstone, Apollo etc. They have a diversified portfolio. Just a bit crap that the Bin Laden's were investors. I don't see why Spurs fans wouldn't want to be associated with an extremely successful company such as them.

 

[Modric THFC]

Re: Cain Hoy takeover

I would think that it is more likely that Carlyle or another part of the consortium asked for the change

If its Carlyle behind it then the reasoning would be that they want to keep this interest low key?
Surely they dont think their own name is cancer.

Anyway I'd say most Spurs fans are that ****ed off with our situation right now they wouldn't even care if they were owned by the company behind Booz Allen and United Defence.

 

[Modric THFC]

Re: Cain Hoy takeover

The Carlyle group I think got a bad press from Michael Moore's film - yes they invest in defense but they also invest in a load of other types of companies as well. They are just a huge private equity firm with around $200bn aum, no different from other groups such as Blackstone, Apollo etc. They have a diversified portfolio. Just a bit crap that the Bin Laden's were investors. I don't see why Spurs fans wouldn't want to be associated with an extremely successful company such as them.

I couldnt give a **** about Moore conspiracy theories about the connections between Bush and Bin Laden.
I care that the Company made money from selling Tanks to whoever wanted them.
I care that the Company own Booz Allen, the company Snowden worked for, the company creating a NSA monitoring system for the UAE http://www.nytimes.com/2013/06/16/u...ctor-faces-the-pitfalls-of-cybersecurity.html
And they made a fortune in the 2000s through leveraged buyouts. Which are also pretty unethical as far I'm concerned.

 

[iggyfog]

Re: Cain Hoy takeover

I couldnt give a **** about Moore conspiracy theories about the connections between Bush and Bin Laden.
I care that the Company made money from selling Tanks to whoever wanted them.
I care that the Company own Booz Allen, the company Snowden worked for, the company creating a NSA monitoring system for the UAE http://www.nytimes.com/2013/06/16/u...ctor-faces-the-pitfalls-of-cybersecurity.html
And they made a fortune in the 2000s through leveraged buyouts. Which are also pretty unethical as far I'm concerned.

Football is hardly the most ethically run businesses in the world, especially in the UK with the vast amounts of money we spend on watching such turgid performances at the lane.

They are diversified business - http://www.carlyle.com/our-business/portfolio-of-investments - and yes they hold some dodgy companies.

Have you boycotted addison lee as well? http://www.carlyle.com/our-business/portfolio-of-investments/addison-lee-group

Also if you have a pension fund there is a strong possbiliity that it might be invested in a Carlyle fund.

I am not saying they are perfect and I am not trying to be belligerent here, but look at other owners such as the Glazers, Abramovich, Gold and Sullivan etc.

All we want is a well run football club and maybe someone to start splashing the cash a bit.

In regards to LBOs- everyone made a fortune off them in the 2000s - Carlyle get the majority of their money from institutional investors, such as pension funds, endowments, family offices etc, who would have made some decent returns of their investments.

 

[braineclipse]

Them wanting to keep it a bit more low key makes it at least somewhat more credible than the supposed Cain Hoy interest to my limited financial brain.

 

[milo]

Re: Cain Hoy takeover

If its Carlyle behind it then the reasoning would be that they want to keep this interest low key?
Surely they dont think their own name is cancer.

Anyway I'd say most Spurs fans are that ****ed off with our situation right now they wouldn't even care if they were owned by the company behind Booz Allen and United Defence.

I think that the most likely reason Carlyle may have asked for their name to be withdrawn is that, if they are interested in buying the club, they probably don't want to get involved in an auction or see the price increased because of the funds that they have available.

That said, Cain Hoy have to be informed of any rival bids now and get the chance to bid again if one is made.

 

[LutonSpurs]

I am no fan of Carlyle and their business activities, but the idea that the club will be sold for a $1 Billion to someone with clean hands is probably naive and unrealistic. Most large businesses have unethical behaviour (unethical being relative to your personal convictions also) somewhere along the line.

Being owned by the Sheikhs of Emirates Marketing Project who have so many issues, by the Russian mafia at Chelsea or the Caryle group is much of a muchness.

 

[jimmyb]

Re: Cain Hoy takeover

I think that the most likely reason Carlyle may have asked for their name to be withdrawn is that, if they are interested in buying the club, they probably don't want to get involved in an auction or see the price increased because of the funds that they have available.

That said, Cain Hoy have to be informed of any rival bids now and get the chance to bid again if one is made.

I wouldn't have thought that Carlyle Group could get their name pulled from newspaper articles simply because it isn't convenient for them to have been mentioned - regardless of the political clout that they wield!

Isn't it more likely either that Carlyle Group have no interest in Spurs and therefore got their lawyers to fire off a warning to the relevant publications; or that the group which is actually interested in buying Spurs contacted those publications to say that Carlyle Group has nothing to do with them?

 

[milo]

Re: Cain Hoy takeover

I wouldn't have thought that Carlyle Group could get their name pulled from newspaper articles simply because it isn't convenient for them to have been mentioned - regardless of the political clout that they wield!

Isn't it more likely either that Carlyle Group have no interest in Spurs and therefore got their lawyers to fire off a warning to the relevant publications; or that the group which is actually interested in buying Spurs contacted those publications to say that Carlyle Group has nothing to do with them?

That is very possible. I was speculating on the basis that they were part of a consortium interested in buying the club. Either way, I agree that they would have no problems getting their name removed if they wanted to.

 

[braineclipse]

Re: Cain Hoy takeover

I wouldn't have thought that Carlyle Group could get their name pulled from newspaper articles simply because it isn't convenient for them to have been mentioned - regardless of the political clout that they wield!

Isn't it more likely either that Carlyle Group have no interest in Spurs and therefore got their lawyers to fire off a warning to the relevant publications; or that the group which is actually interested in buying Spurs contacted those publications to say that Carlyle Group has nothing to do with them?

I would be shocked if a company like that couldn't exert considerable pressure on a newspaper. I also wouldn't be shocked to see a newspaper take the easy way out on something like this, doesn't seem like the kind of issue where taking a stand is particularly called for.

You seem to think that if they aren't interested they could fire off a warning, why couldn't they do the same if they were interested?

What seems very unlikely to me is that a third, unknown, party wanted Carlyle's name pulled. Unless it's a publicity stunt, but in that case I don't think the story would surface like this.