Daniel Levy - Chairman

[parklane1]

I do think we must get a left-sided CB. And I'd like one mire creative midfielder if Lo Celso isn't fit and Dele is going. And Ings; I think if JM is the manager we will go all out for Ings.

Do not disagree, the reason i said two was because we must have a new keeper and a CB and i am not sure if we would have any other money to spend elsewhere. I suppose it depends if we do sell Alli ( and i think we may) then we could invest that into one or two more. Lon Celso is a worry as he seems to be another Lamela with his injurys, lets hope for all of us that he is not.

 

[thfcsteff]

Do not disagree, the reason i said two was because we must have a new keeper and a CB and i am not sure if we would have any other money to spend elsewhere. I suppose it depends if we do sell Alli ( and i think we may) then we could invest that into one or two more. Lon Celso is a worry as he seems to be another Lamela with his injurys, lets hope for all of us that he is not.

Forgot about keeper and agree...Hugo is not Hugo anymore is he.

 

[parklane1]

Forgot about keeper and agree...Hugo is not Hugo anymore is he.

Sadly no, i have said on here before that imo he is only behind Jennings and Clem in my list of best keepers for us, but he has gone from being a top player to a liability this season.

 

[Bedfordspurs]

I do think we must get a left-sided CB. And I'd like one mire creative midfielder if Lo Celso isn't fit and Dele is going. And Ings; I think if JM is the manager we will go all out for Ings.

We need a new spine basically
A keeper, at least one CB, a creative mid and a back up striker

 

[Finney Is Back]

We need a new spine basically
A keeper, at least one CB, a creative mid and a back up striker

Interestingly enough we could get a decent player for every single one of those positions on a free.....
GK: Donnarumma
CB: Boatang
AM Draxler/Otavio
CF: Marega

Would take some ambitious wage offers though I think.

 

[Modric THFC]

https://www.independent.co.uk/sport...ose-mourinho-sacked-daniel-levy-b1807875.html

"He’s been in this situation a few times before, to the point many talk of the “Mourinho death spiral”. He’s never once got out of it. When it takes hold, it tends to strangle a team, as can be seen in some of the lifeless football.

If that remains the case, it puts the onus on Daniel Levy. He may have to take a decision he really doesn’t want to make, over a managerial reign that feels more associated with him than any previous. Some close to the boardroom even believe he is enchanted by Mourinho, and among the few who still believe this season can end well. Levy did describe the Portuguese as “one of the two best managers in the world”, along with Pep Guardiola, on appointing him in 2019. The brutal reality is that no serious football person has believed that for years. It is a view entirely out of date.

Some around the club already share the view this managerial regime is out of time, that Spurs need to make the change.

 

[Bedfordspurs]

https://www.independent.co.uk/sport...ose-mourinho-sacked-daniel-levy-b1807875.html

"He’s been in this situation a few times before, to the point many talk of the “Mourinho death spiral”. He’s never once got out of it. When it takes hold, it tends to strangle a team, as can be seen in some of the lifeless football.

If that remains the case, it puts the onus on Daniel Levy. He may have to take a decision he really doesn’t want to make, over a managerial reign that feels more associated with him than any previous. Some close to the boardroom even believe he is enchanted by Mourinho, and among the few who still believe this season can end well. Levy did describe the Portuguese as “one of the two best managers in the world”, along with Pep Guardiola, on appointing him in 2019. The brutal reality is that no serious football person has believed that for years. It is a view entirely out of date.

Some around the club already share the view this managerial regime is out of time, that Spurs need to make the change.

Or a paper is making up a story to shift some numbers. I mean our board is quite a small number and I dint believe that the press know any of them
I assume it’s Miguel Delaney who has a massive man crush on Jose... so much so he tries to kick him in every article he can
He did it when he was at United too
It’s an odd obsession

 

[Raziel]

Or a paper is making up a story to shift some numbers. I mean our board is quite a small number and I dint believe that the press know any of them
I assume it’s Miguel Delaney who has a massive man crush on Jose... so much so he tries to kick him in every article he can
He did it when he was at United too
It’s an odd obsession

It's a weird piece, the first 60% or so is just a speculative hit piece with standard narrative stuff, the last bit is a odd, half optimistic it could all turn around, he still has support .. wtf?

 

[Bedfordspurs]

It's a weird piece, the first 60% or so is just a speculative hit piece with standard narrative stuff, the last bit is a odd, half optimistic it could all turn around, he still has support .. wtf?

It’s delaney... he is just tying to stay relevant in case Jose wants ti give him one
Him and Olliver Holt really want to tag team Jose with some man love

 

[Lemonade Money]

Tottenham Hotspur: Daniel Levy prepares to celebrate 20 years as Tottenham's chairman

https://www.bbc.co.uk/sport/football/56300543

 

[Finney Is Back]

Tottenham Hotspur: Daniel Levy prepares to celebrate 20 years as Tottenham's chairman

https://www.bbc.co.uk/sport/football/56300543

Decent article that.

In many ways we are actually now perfectly ripe for a sugar daddy takeover. We have the biggest match day revenue in the country (still with decent potential for further growth) and our broadcasting revenue is right up there thanks to the might of the PL in general. Emirates Marketing Project style in-house sponsorships would therefore see us have revenue to match those two Manchester clubs.

The problem of course is the likely prohibitive sale price that Lewis and Levy would put on the club. I fear their valuation of Spurs is one that places us as already being the biggest club in the country, instead of the 5th or 6th biggest with the potential to become the biggest with a large owner investment. I hope we don’t get stuck in that middle ground for too long as one never knows for how long we’ll have the stadium advantage for.

 

[Bedfordspurs]

Decent article that.

In many ways we are actually now perfectly ripe for a sugar daddy takeover. We have the biggest match day revenue in the country (still with decent potential for further growth) and our broadcasting revenue is right up there thanks to the might of the PL in general. Emirates Marketing Project style in-house sponsorships would therefore see us have revenue to match those two Manchester clubs.

The problem of course is the likely prohibitive sale price that Lewis and Levy would put on the club. I fear their valuation of Spurs is one that places us as already being the biggest club in the country, instead of the 5th or 6th biggest with the potential to become the biggest with a large owner investment. I hope we don’t get stuck in that middle ground for too long as one never knows for how long we’ll have the stadium advantage for.

The issue is that valuation. The talk of us being worth 1.5b or more feels bonkers with the debt position.
Maybe I’m an idiot but when I value companies for clients I take off debt vs assets pretty quickly to give a balance
Weirdly in football terms that doesn’t happen
But say our ground is worth £1b now
Training infrastructure £300m (high I think but I’m just guessing)
Playing assets £500m (high again I think but again I’m just making up a number) and it’s fluid too
Profits before player trading over the next 10 years???? That’s the key figure
If someone thinks that’s a £100m a season which is quite low for a normal one that adds another £B to the value
So that’s £2.8b less debt. Debts around £1b for round numbers so that’s a value of £1.8B ish done very very crudely

that surprises me. I guess a lot comes down to the valuation and treatment of the ground as it’s ultimately a depreciating asset from day 1

 

[tw12yid]

Decent article that.

In many ways we are actually now perfectly ripe for a sugar daddy takeover. We have the biggest match day revenue in the country (still with decent potential for further growth) and our broadcasting revenue is right up there thanks to the might of the PL in general. Emirates Marketing Project style in-house sponsorships would therefore see us have revenue to match those two Manchester clubs.

The problem of course is the likely prohibitive sale price that Lewis and Levy would put on the club. I fear their valuation of Spurs is one that places us as already being the biggest club in the country, instead of the 5th or 6th biggest with the potential to become the biggest with a large owner investment. I hope we don’t get stuck in that middle ground for too long as one never knows for how long we’ll have the stadium advantage for.

Hopefully our debt saves us from being ripe for a leveraged buyout. I wonder if Lewis/Levy would be interested in selling it a bit at a time so they make some money but keep control. They could probably sell 25% and make a profit on what spurs cost them.

 

[Finney Is Back]

Hopefully our debt saves us from being ripe for a leveraged buyout. I wonder if Lewis/Levy would be interested in selling it a bit at a time so they make some money but keep control. They could probably sell 25% and make a profit on what spurs cost them.

IMO that would be the very worst thing for us. It would mean a minority owner coming in with their money going straight into Lewis and Levy’s pockets. Doesn’t improve the clubs cash balance or debt position.

 

[braineclipse]

IMO that would be the very worst thing for us. It would mean a minority owner coming in with their money going straight into Lewis and Levy’s pockets. Doesn’t improve the clubs cash balance or debt position.

We have a very different view of what the worst, or very worst, thing for us would be in terms of changes on the ownership side of things I think.

Most takeovers possible, even if full takeovers, would leave us with the same debt and no fresh cash injections. The worst potential takeovers would install less competent leadership. The very worst would be more like the United takeover with a combination of less competent leadership and less money available.

There's also the "option" of a positive start with some new money in along with a lot of positive sounding words followed by massive instability.

 

[metalgear]

Perhaps there's more in non financial valuation that big businessmen can see than accountants and regulators?

The issue is that valuation. The talk of us being worth 1.5b or more feels bonkers with the debt position.
Maybe I’m an idiot but when I value companies for clients I take off debt vs assets pretty quickly to give a balance
Weirdly in football terms that doesn’t happen
But say our ground is worth £1b now
Training infrastructure £300m (high I think but I’m just guessing)
Playing assets £500m (high again I think but again I’m just making up a number) and it’s fluid too
Profits before player trading over the next 10 years???? That’s the key figure
If someone thinks that’s a £100m a season which is quite low for a normal one that adds another £B to the value
So that’s £2.8b less debt. Debts around £1b for round numbers so that’s a value of £1.8B ish done very very crudely

that surprises me. I guess a lot comes down to the valuation and treatment of the ground as it’s ultimately a depreciating asset from day 1

Sent from my SM-T865 using glory-glory.co.uk mobile app

 

[Bedfordspurs]

Perhaps there's more in non financial valuation that big businessmen can see than accountants and regulators?

Sent from my SM-T865 using glory-glory.co.uk mobile app

Depends if it’s someone going for sports washing

 

[scaramanga]

The issue is that valuation. The talk of us being worth 1.5b or more feels bonkers with the debt position.
Maybe I’m an idiot but when I value companies for clients I take off debt vs assets pretty quickly to give a balance
Weirdly in football terms that doesn’t happen
But say our ground is worth £1b now
Training infrastructure £300m (high I think but I’m just guessing)
Playing assets £500m (high again I think but again I’m just making up a number) and it’s fluid too
Profits before player trading over the next 10 years???? That’s the key figure
If someone thinks that’s a £100m a season which is quite low for a normal one that adds another £B to the value
So that’s £2.8b less debt. Debts around £1b for round numbers so that’s a value of £1.8B ish done very very crudely

that surprises me. I guess a lot comes down to the valuation and treatment of the ground as it’s ultimately a depreciating asset from day 1

Do you often see businesses valued and sold at a pure asset valuation? In my experience that's quite rare.

Perhaps there's more in non financial valuation that big businessmen can see than accountants and regulators?

Sent from my SM-T865 using glory-glory.co.uk mobile app

Asset valuations can form a part of a discussion but in single buyer markets it tends to be combined with a measure of multiplied up earnings or similar to come to an agreed figure.

Obviously if there are multiple buyers interested then the figure becomes what someone will pay.

In our scenario the only value that matters is what it will take Levy & Lewis to walk away. Neither seem to be in any hurry to get out, so will take some convincing from any buyer.

 

[DubSpur]

I don't see them selling while Joe Lewis is alive. It will then depend on his daughter, but she seems to be interested in football (engaged for a long time to Craig Johnston) and is supposed to have attended a lot of games.

 

[Raziel]

I don't see them selling while Joe Lewis is alive. It will then depend on his daughter, but she seems to be interested in football (engaged for a long time to Craig Johnston) and is supposed to have attended a lot of games.

No reason to, no pressure to and as an asset the club is growing .. just not on the cards

As others have said, biggest issue is current valuation and the fact that there are other clubs you could buy for a tenth of the cost.