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Daniel Levy - Former Chairman

Raziel said:
Not saying DoF/people in top clubs don't procure players

I'm saying elite clubs don't say we play this formation, with these profile of players (and we sell at this stage) and the coach just accepts, yes there have been galactico attempts, and players bought for profile/economics more than fit, but no elite club treats the manager like Brentford/Brighton (just a replaceable cog with purposely limited influence)
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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.
 
Not sure if this is his entire stake, or who (if anyone) this buyer is known to be a front for.

Edit: Levy retains 5%, so he’s offloading 5/6 of his holding.
 
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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
 
glorygloryeze said:
Acting differently, how?
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It's common knowledge with football agents that Spurs have loosened their wage structure for potential signings. Semenyo was someone offered big wages but unsurprisingly plumped for City. Of course people are going to remain sceptical, but it's pretty obvious the intention to loosen the strings a little more is there....
 
Some more info: https://www.insideworldfootball.com...i-close-acquisition-daniel-levys-spurs-stake/


The rumours surrounding the acquisition of Premier League Tottenham Hotspur have intensified. Insideworldfootball has exclusively received verification that they are not just rumours but that an agreement is close on the acquisition of former Spurs executive chairman Daniel Levy’s near 30% shareholding in ENIC/THFC.

A consortium led by US investor Brooklyn Earick and Hong Kong financier Ng Wing Fai could conclude the acquisition as early as this month, according to a high placed source with knowledge of the deal who spoke to Insideworldfootball on the condition of anonymity.

The funds are in place for the reported £1 billion acquisition of Levy’s shares. Sources say that the consortium has ‘comfortable’ access to more funds both to acquire the remaining shares and fund an overhaul of the team.

Both Earick and Wing-Fai (through the Firehawk Holdings consortium) had separately tabled offers of £4 billion+ for the club in August of last year and had funds available to progress, before the Lewis family took the club off the market.

They have now combined to form a powerful alliance that has the money to take control of the club and drive it forward post ENIC.

A Special Purpose Agreement (SPA) is understood to be in place.

Neither Earick or Wing-Fai would make any comment on the acquisition but it is understood that after their offers were turned down last year they regrouped, together, realising that they had a number of mutual friends and investors that still had an appetite to own a premium global football club asset that has room for financial and competitive growth.

As investors they present an interesting profile for the club, not just because they are well funded but because of the additional capabilities and ambition they bring to a club that its fans believe has been restricted by an ownership that has capped spending and ability to challenge for major honours.

Spurs fans are reluctant to credit Levy for the strength of the club which has the most modern stadium in English football and, until the last couple of season, has come close to major trophies (including a Champions League final) but not quite coming away with the big prizes.

Harvard educated Wing Fai, based in Hong Kong, is a billionaire who is a seasoned mergers and acquisition specialist.

Earick is similarly well backed and can best be described as a challenger investor. Having graduated as an electrical and software engineer he had a successful music business career before joining NASA as an engineer based in Silicon Valley. Operating at the pinchpoint of sport, technology, and capital markets, he has subsequently built and sold a number of digital tech businesses and raised more than $25 billion in capital, including taking an early position in SpaceX.

In terms of his skillsets he appears much closer to the Spurs much-vaunted playing philosophy of wanting to entertain but also to win and win big. Winning big has so far eluded the club which fans feel has had too many false dawns in that respect.

The deal for Levy’s shareholding obviously excludes the remainder of the shares in ENIC/Spurs that are owned by the Lewis family.

Under Takeover Panel rules, after withdrawing their separate bids, both Earick and Wing-Fai are prevented from “making a bid or taking other steps towards a takeover” for six months, a period which runs out on March 6.

Quite how they proceed once a deal with Levy is concluded is unclear. What is clear is that they see a major opportunity for the club that could match its shiny stadium.
 
harr1984 said:
It's common knowledge with football agents that Spurs have loosened their wage structure for potential signings. Semenyo was someone offered big wages but unsurprisingly plumped for City. Of course people are going to remain sceptical, but it's pretty obvious the intention to loosen the strings a little more is there....
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I think we should only believe it when we see it..

They could have loosened the wages to actually replace Johnson, but hey ho..
 
glorygloryeze said:
I think we should only believe it when we see it..

They could have loosened the wages to actually replace Johnson, but hey ho..
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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....
 
glorygloryeze said:
I think we should only believe it when we see it..

They could have loosened the wages to actually replace Johnson, but hey ho..
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The bigger wages statements etc came after the window had shut.

Robertson and Senesi will be on large wages as in demand frees

We've bid good money for Savinho and JPVH and it's not even mid June yet
 
Seedy Ron said:
These two blokes we've never heard of until 45 minutes ago could be even worse than the nepos.

I'll not fetch the bunting down from the loft just yet.
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The two guys have both been circling for years. But know instead of competing against each other, they've now partnered
 
MartyFunkhouser said:
Who even is it and do they have the wealth for it?
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Hong Kong consortium led by Ng Wing Fai (Firehawk Holdings)

American consortium led by Brooklyn Earick

The combined consortium (Eight Sports) is run by Earick, but ultimately owned by Ng's company (Triller)


They both separately bid £4b for the club last October. Now they've bought 25% for £1b, so presumably they've got up to £7b left to finish the job
 
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