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Daniel Levy - Chairman

fans are polarized with danny and it defies logic that there is no middle ground ... he has done amazing for the club in terms of infrastructure and raising the profile of the club, but when it comes to the transfer market he is full of brick. Even if he gets a DOF he will be handcuffed and tied to his tried and failed method of getting the next best player in rather than the managers targets.

He says he is a patron of the club and wants to leave it better hands than he found it, and credit to him. But if he does not have the nouse in the market and cannot get away from his rigid transfer stance we could have a reincarnation of alex ferguson, paisley, billy nic in and they would all fail under levy.
 
Come on read the fudging accounts!

https://www.tottenhamhotspur.com/media/10293/tottenham-hotspur-limited-300617-annual-report-2017.pdf
Page 34

"The Company has issued 4 million preference shares of £0.001 each, which were purchased at a price of £10.00 per share by Macon Inc., a company with which the Group is under common control. No voting rights were allotted to the preference shares. The preference shares were accounted for as equity as there was no obligation to make repayments. In November 2016 the Company bought back the remaining 2 million shares from Macon Inc. at a price of £10.00 per share"

Macon Inc, a Joe Lewis company, put £40m into the club. It was then repaid £10m in 2016 accounts, £20m in the 2017 accounts etc.
Thanks for that. It seems therefore that the Swiss Ramble fella needs to update his piece to show that Spurs had £40 million of owner funding going in as well as out (i.e. a net zero position). I retract the surprised and appalled comment from my previous post.
 

Don't think that's entirely fair (just reading the text, not listening to the video):

Walker: first replaced by Aurier (agree poor recruitment), but now Doherty
Rose: spent £35m on Sessegnon
Vertonghen: spent £42m on Sanchez
Wanyama: agreed
Dembele: splashed the cash on Ndombele, which everyone was very excited about
Eriksen: also splashed the cash on Lo Celso - not a complete like for like, but I think was designed to take his spot in the team
 
Both go hand in hand. Tottenham improves (on and off the pitch) then ENIC benefits by owning a more valuable asset
Which conversely makes it harder for dork one to big the club as the value increases

which Rhein becomes an issue with ENUC having no cash to invest as we’re the principle income Of that business - hence the current issue of no money in meaning no money out
 
I’ve read the article and it doesn’t say exactly what it was for... but it does talk about a share buy back which ties in with the numbers
All that means is the £40m was used to have a bigger ownership of what they already owned. Just not sure who it went too if I’m right
Isn't there a chance that Lewis dir loaned some financing for early stage stadium development and that was gradually paid back in the last 5 years as institutional and structured financing came on line?
 
Isn't there a chance that Lewis dir loaned some financing for early stage stadium development and that was gradually paid back in the last 5 years as institutional and structured financing came on line?
No idea
I do know we need circa £200m now to make us a super side which would pay back in the value of the club... but similarly ENIC have made on paper a 2000% profit already so why would they dilute their investment
 
Don't think that's entirely fair (just reading the text, not listening to the video):

Walker: first replaced by Aurier (agree poor recruitment), but now Doherty
Rose: spent £35m on Sessegnon
Vertonghen: spent £42m on Sanchez
Wanyama: agreed
Dembele: splashed the cash on Ndombele, which everyone was very excited about
Eriksen: also splashed the cash on Lo Celso - not a complete like for like, but I think was designed to take his spot in the team

Exactly right. And when we sold Walker, we had Trippier who was England's first choice right back in the World Cup. I was never a Trippier fan and always thought Walker was much better but we weren't just shunting Walker out without a plan.

You can't replace Dembele with like for like. There's no bloody player out there like him in that position. Ndombele is the closest I've seen in terms of dribbling in the middle of the park and we spent our biggest fee ever on him.

We've spent money, we've just spent it at the wrong time and our recruitment hasn't paid dividends (yet). Where we had a few years of Trippier, Son, Alli, Toby, Wanyama - buys who were great value for money, we've spunked cash more recently on Ndombele, Aurier, Moura,Sissoko, Lo Celso and Sessegnon who have been far more hit and miss.
 
Exactly right. And when we sold Walker, we had Trippier who was England's first choice right back in the World Cup. I was never a Trippier fan and always thought Walker was much better but we weren't just shunting Walker out without a plan.

You can't replace Dembele with like for like. There's no bloody player out there like him in that position. Ndombele is the closest I've seen in terms of dribbling in the middle of the park and we spent our biggest fee ever on him.

We've spent money, we've just spent it at the wrong time and our recruitment hasn't paid dividends (yet). Where we had a few years of Trippier, Son, Alli, Toby, Wanyama - buys who were great value for money, we've spunked cash more recently on Ndombele, Aurier, Moura,Sissoko, Lo Celso and Sessegnon who have been far more hit and miss.
As has been said in other threads, the transition of this team is taking sooooo long.

Even when we have been doing something about it (ie signing Ndombele la Celso Sess Bergwijn) we are still starting with a lot of the old guard and some of them are either older or 'were' squad players.

Add Doherty and PEH and that's 6 players who should easily be enough to transition.......re-inventing ourselves, for one reason or another, is so drawn out.
 
this thread is now 307 pages, ultimately in my view...

We were very close to being a really formidable League team. Better than any other previous incarnation at Spurs by some distance, we played attractive football, had a progressive manager, got a big shiny new stadium and were in all intents, close to something special. We bottled it. Or specifically, Levy did. He got lucky Poch was far better than he anticipated. But with that, you have to choose whether you shoot your shot or not, and Levy decided not to. He didn't back the man he brought in. He's had a habit of this approach in previous seasons (Nelson and Saha) but this was a different beast entirely, this wasn't Harry at the helm, we had a manager who if supported could have really stayed another few years if the club became successful.

As i keep referring to, 3 years ago, 2017, we were better than Liverpool. Poch had 1 year longer than Klopp. The difference is the owners. Yes they made money from Coutinho but the Board said "what do you need to be successful" and they went and got that ask. 1 CL and 1 League title later, we're further away from Liverpool than in any time over the last 10 years.

You boys who keep saying "ah the stadium etc, give it 5 years we'll splash the cash Levy has to be tight due to funds etc". What in the last 20 years has given you reason to believe he will do that?
 
we have signed players that have been hit and miss like any transfer out there, but how many have been players that the manager has wanted? Harry, Poch have said openly about how they wanted certain players but levy didnt push the button, and got players that were not wanted.

When mourinho fails he will say the same. When in mourinhos transfer history has he signed players like PEH, Docherty etc? I understand that we cant be like chelsea, madrid, inter etc, but then why get a manager in who needs to coach the cream of the crop in getting success rather than tieing his hands? Should have just gone for a budget manager like Eddie Howe.

Its like getting a V12 car and putting in Asda petrol.
 
this thread is now 307 pages, ultimately in my view...

We were very close to being a really formidable League team. Better than any other previous incarnation at Spurs by some distance, we played attractive football, had a progressive manager, got a big shiny new stadium and were in all intents, close to something special. We bottled it. Or specifically, Levy did. He got lucky Poch was far better than he anticipated. But with that, you have to choose whether you shoot your shot or not, and Levy decided not to. He didn't back the man he bought in. He's had a habit of this approach in previous seasons (Nelson and Saha) but this was a different hunk of burning love entirely, this wasn't Harry at the helm, we had a manager who if supported could have really stayed another few years if the club became successful.

As i keep referring to, 3 years ago, 2017, we were better than Liverpool. Poch had 1 year longer than Klopp. The difference is the owners. Yes they made money from Coutinho but the Board said "what do you need to be successful" and they went and got that ask. 1 CL and 1 League title later, we're further away from Liverpool than in any time over the last 10 years.

You boys who keep saying "ah the stadium etc, give it 5 years we'll splash the cash Levy has to be tight due to funds etc". What in the last 20 years has given you reason to believe he will do that?

when climbing a mountain, you don't throw away your ropes and safety harness 75% of the way up
 
Don't think that's entirely fair (just reading the text, not listening to the video):

Walker: first replaced by Aurier (agree poor recruitment), but now Doherty
Rose: spent £35m on Sessegnon
Vertonghen: spent £42m on Sanchez
Wanyama: agreed
Dembele: splashed the cash on Ndombele, which everyone was very excited about
Eriksen: also splashed the cash on Lo Celso - not a complete like for like, but I think was designed to take his spot in the team
I think Sessegnon was £25m not £35m. We then sacked the manager who bought him in before he could integrate him.
I don't think Sanchez was a replacement for Vertonghen.... Surely he was a replacement for Wimmer?
Dembele/Ndombele - I agree with you.... Although losing Dembele 6 months before signing Ndombele isn't the ideal thing to be doing.
Also - don't think that Lo Celso was a replacement for Eriksen. If he is then he is (IMO) of considerably lower quality than the player he replaced.
 
this thread is now 307 pages, ultimately in my view...

We were very close to being a really formidable League team. Better than any other previous incarnation at Spurs by some distance, we played attractive football, had a progressive manager, got a big shiny new stadium and were in all intents, close to something special. We bottled it. Or specifically, Levy did. He got lucky Poch was far better than he anticipated. But with that, you have to choose whether you shoot your shot or not, and Levy decided not to. He didn't back the man he bought in. He's had a habit of this approach in previous seasons (Nelson and Saha) but this was a different hunk of burning love entirely, this wasn't Harry at the helm, we had a manager who if supported could have really stayed another few years if the club became successful.

As i keep referring to, 3 years ago, 2017, we were better than Liverpool. Poch had 1 year longer than Klopp. The difference is the owners. Yes they made money from Coutinho but the Board said "what do you need to be successful" and they went and got that ask. 1 CL and 1 League title later, we're further away from Liverpool than in any time over the last 10 years.

You boys who keep saying "ah the stadium etc, give it 5 years we'll splash the cash Levy has to be tight due to funds etc". What in the last 20 years has given you reason to believe he will do that?

I posted this 4 pages ago:

upload_2020-9-15_12-44-2.png
 
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