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ITK Thread

milo said:
The not reporting to Baldini stuff came from the club. I agree that DoF's usually have a broader brief, the Greg Stobart piece earlier this week said that Baldini didn't. The Stobart piece also said that Caplehorn has a broader brief than Eales and will take the lead in negotiating with clubs and agents.
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Jordinho said:
I have read that Eales negotiated deals for some players (can't remember where). Probably when we were working on several at the same time. You don't need a DoF to send faxes or deal with the clauses and finer points, but in terms of buying players he is very useful as a go between with agents and using his network to get the info you can't get from watching someone play.
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Football is such a macho world – I find it hard to believe a woman accountant from the NHS will be tasked with smoozing with chairmen across Europe; whereas Baldini is the ultimate smoozer with one of the biggest black books in the game.

Eales was a lawyer. He looked at the finer point of contracts, not the deal brokering.

I still just think people like to belittle Baldini because they don’t like the concept of a DoFs. As Levy focuses more and more on the stadium build, his role is only going to increase.
 
Gutter Boy said:
Football is such a macho world – I find it hard to believe a woman accountant from the NHS will be tasked with smoozing with chairmen across Europe; whereas Baldini is the ultimate smoozer with one of the biggest black books in the game.
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Eales is being replaced by QPR finance director Rebecca Caplehorn in another rejigged role, with the chartered accountant set to take over as head of the 'football operations' side of the club in which she will act as the focal point in transfer negotiations with clubs and agents.


http://www.goal.com/en-gb/news/3447...side-the-tottenham-restructuring?ICID=SP_HN_1
 
Who: Trix
When: 19th December
Where: COYS

"Have heard there has been some interest from Inter, but it's not in Lennon.

(Paulinho is guessed as the mystery player)

Has been interest for a while. Loan with a decent(for us) option was what I was told. Not heard anything for a couple of weeks or so though, but they were not the only Italian club that had made enquiries regarding him."
 
AdamB said:
In a very small company like Tottenham (the company) is - most CEOs (as Levy effectively is) are very hands on
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Possibly but I do not think that it is that uncommon to delegate to specialists in a specific area and oversea that. Besides, hopefully we about to start a major construction project and you could understand if that became a full time job in itself.
 
Superted said:
I would hardly call Tottenham a very small company.
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We are. An indication of this is that Man U's market cpa is $2.5bn so about £1.5bn and ours would be perhaps a third of that so lets say £500m. The FTSE 100 starts at about £3bn
 
AdamB said:
We are. An indication of this is that Man U's market cpa is $2.5bn so about £1.5bn and ours would be perhaps a third of that so lets say £500m. The FTSE 100 starts at about £3bn
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We're certainly not a "very small" company.

If I had to categorise it, I'd say that very small companies have a turnover of less than £1m per annum and / or a worth of less than £10m.

Of all the tens of thousands of companies in the UK, I'd say that Spurs - with annual turnover soon to be north of £200m and a worth of £500m+ - probably ranks as a medium large.

P.S. The FTSE 100 is hardly representative. It comprises the 100 largest publicly quoted companies in the UK - a tiny proportion of all UK companies.
 
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jimmyb said:
We're certainly not a "very small" company.

If I had to categorise it, I'd say that very small companies have a turnover of less than £1m per annum and / or a worth of less than £10m.

Of all the tens of thousands of companies in the UK, I'd say that Spurs - with annual turnover soon to be north of £200m and a worth of £500m+ - probably ranks as a medium large.

P.S. The FTSE 100 is hardly representative. It comprises the 100 largest publicly quoted companies in the UK - a tiny proportion of all UK companies.
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This discussion started with management structures and how hands-on a CEO is. I've worked for 3 FTSE companies and dozen more as clients of mine; similar now I work in a role where I buy companies, though where I work those companies typcically are in the £20m - £100m valuation range. For companies of Tottenham's size, the way Levy is involved in more or less everything isnt untypical
 
The discussion was about Levy adding more middle management staff, ie being less hands on, because Spurs are very far away from being "very small".

Even if you take the FTSE as a guide, it's silly. Size doesn't equal complexity. Spurs would be a very complex business. Not only the football side, you'd have the academy, member relations, international transactions, high profile stake holders, media spotlight, corporates, many levels of FA, UEFA and FIFA bureaucracy, expanding markets in the Middle East, Asia and US, huge competition, IP rights, Internet, social media, retail, events, property & development, etc etc etc.

Seriously some of the CEO's of the FTSE companies have it easy compared to Levy.
 
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