• Dear Guest, Please note that adult content is not permitted on this forum. We have had our Google ads disabled at times due to some posts that were found from some time ago. Please do not post adult content and if you see any already on the forum, please report the post so that we can deal with it. Adult content is allowed in the glory hole - you will have to request permission to access it. Thanks, scara

The owners - where do you sit?

Are Spurs in the right hands?

  • Yes

    Votes: 71 91.0%

  • No

    Votes: 7 9.0%
  • Total voters
    78
Jurgen the German said:
There wouldn’t be any guarantees with new owners. I can see why some don’t want to risk it, but in my opinion that’s no reason to stick with ENIC forever just because it might go wrong if we had different owners.
Click to expand...
Those theoretical owners would have to offer something ENIC can't though. We have to assume that the PL will properly implement their spending rules, so the only scope for improvement is income.

Increasing the club's revenue streams is the one thing that most people agree Levy has been very good at.

So what could potential owners offe that we don't already have? A better management structure? Probably not at our level. Better player recruitment? Again, probably not with out spending power.
 
scaramanga said:
Those theoretical owners would have to offer something ENIC can't though. We have to assume that the PL will properly implement their spending rules, so the only scope for improvement is income.

Increasing the club's revenue streams is the one thing that most people agree Levy has been very good at.

So what could potential owners offe that we don't already have? A better management structure? Probably not at our level. Better player recruitment? Again, probably not with out spending power.
Click to expand...

Be able to clear the stadium debt? Pay for the rest of the development around the ground?

I dunno. As i said i'm not fussed and i'm really only talking of lewis rather than levy.
 
ricky2tricky4city said:
No one with any business sense if going to do that.

In fact, the debt arrangements we do have makes us massively attractive to a buyer.
Click to expand...

We're still paying £30m interest a season. That could be spent on wages. Not even mentioning a naming rights deal. Or multi club ownership.

I'm obviously not talking about someone with business sense.

As i said i'm not fussed.
 
Lilbaz said:
We're still paying £30m interest a season. That could be spent on wages. Not even mentioning a naming rights deal. Or multi club ownership.

I'm obviously not talking about someone with business sense.

As i said i'm not fussed.
Click to expand...
I should have said common sense
 
Lilbaz said:
We're still paying £30m interest a season. That could be spent on wages. Not even mentioning a naming rights deal. Or multi club ownership.

I'm obviously not talking about someone with business sense.

As i said i'm not fussed.
Click to expand...
A business would be looking for a return of greater than 30m per year if they invested what it would take to clear the debt.
It has been stated that the advertisement benefit of having the stadium named Tottenham Hotspur Stadium is more than we would get in naming rights.
 
Lilbaz said:
We're still paying £30m interest a season. That could be spent on wages. Not even mentioning a naming rights deal. Or multi club ownership.

I'm obviously not talking about someone with business sense.

As i said i'm not fussed.
Click to expand...

The model that would make sense

- Leave stadium debt, it's a significant number but it's low interest rate, long term debt, simply not economically sensible to pay it off
- New owner would buy part/all of ENIC holdings
- Part of the purchase would be to fund first team acquisitions over next 3 seasons (Chelsea did something like this, i.e. certain amount allocated to first team buys)
- Invest in more aggressive global marketing to increase future potential revenue.

Of course you have to play with the accounting execution of that to align to FFP but we are fairly unique, no infrastructure investment needed, at worst a top 6 squad already in place, brand established.

It's just the cost in
 
DubSpur said:
A business would be looking for a return of greater than 30m per year if they invested what it would take to clear the debt.
It has been stated that the advertisement benefit of having the stadium named Tottenham Hotspur Stadium is more than we would get in naming rights.
Click to expand...

A business would. Do the qataris etc... look at a return?

Lets face it. Nobody wants a business man to be the new owners. They want an abramovich or sheik. Somebody that will throw money at the club till they win something.
 
Lilbaz said:
A business would. Do the qataris etc... look at a return?

Lets face it. Nobody wants a business man to be the new owners. They want an abramovich or sheik. Somebody that will throw money at the club till they win something.
Click to expand...
Qataris look at a different type of return or do you really think they are getting involved in sport just for the fun of it?

How would paying off the debt work with regards to FFP? Has to be some way that it would breach rules..
 
DubSpur said:
Qataris look at a different type of return or do you really think they are getting involved in sport just for the fun of it?

How would paying off the debt work with regards to FFP? Has to be some way that it would breach rules..
Click to expand...

The qataris are involved for the same reason that abramovich was. Because they want world recognition so they aren't wiped out for their assets.

As for paying off debt. Ffp says nothing ofn debt. Chelsea just wiped off £1bn owed to abramovich.
 
DubSpur said:
Qataris look at a different type of return or do you really think they are getting involved in sport just for the fun of it?

How would paying off the debt work with regards to FFP? Has to be some way that it would breach rules..
Click to expand...

No, FFP is basically the allowed overspend over a 3 year period (income vs. expense)

Paying off debt as part of buying the club wouldn't be an issue, how you got that debt could be indicative however, e.g. we are £xM in debt as a result of infrastructure outlay that is well structured for reasonable payback per year over long term, vs. a team borrowing money to buy players on a short term high payback rate that will limit their in year spend significantly.
 
billyiddo said:
Rumours Saudi Sportswashing Machine are having to sell in order to avoid ffp (?)

https://x.com/i/web/status/1745463562922086908

If the Saudis can't get round it not sure what we're expecting from any future owners.
Click to expand...

Saudi Sportswashing Machine had a turnover of £120m. Spent what £400m? We have a turnover of £400m yet spent around £400m in the same time.

As i said i'm not fussed. I think levy has done a good job overall under tight circumstances (years with zero net spend). Things are changing now. I'd just like to be able to go out and buy a lineker or waddle or klinnsmann or greaves. World class plsyers in their pomp. Not just the next gen of stars.
 
Lilbaz said:
Saudi Sportswashing Machine had a turnover of £120m. Spent what £400m? We have a turnover of £400m yet spent around £400m in the same time.

As i said i'm not fussed. I think levy has done a good job overall under tight circumstances (years with zero net spend). Things are changing now. I'd just like to be able to go out and buy a lineker or waddle or klinnsmann or greaves. World class plsyers in their pomp. Not just the next gen of stars.
Click to expand...

We'll soon be in a position where the squad needs minimal work, just refreshing where necessary - at that point our turnover should allow us to splurge on starters enough to keep us competitive at the top - we don't really need to be going in to the market spending hundreds of millions every window
 
billyiddo said:
We'll soon be in a position where the squad needs minimal work, just refreshing where necessary - at that point our turnover should allow us to splurge on starters enough to keep us competitive at the top - we don't really need to be going in to the market spending hundreds of millions every window
Click to expand...

We will never be the finished article. The better we get, the more it will cost to improve.
 
Isak, botman and Bruno are their gems, botman as part of four centre half's would be great. Isak would fit nicely too.
 
You must log in or register to reply here.
Back