Just putting all the different financial ITK in one place.
dragon1: We are looking for outside investment
club is at an impasse , joe does not want to invest , Daniel does not want to sell but penny has finally dropped that we cannot carry on in this non competitive cycle of not winning anything and the current squad is a long way off
Daniel respects fab and conte opinion and the penny has finally dropped
I do not know the finer details but there will likely be a small amount of shares Sold or some other structure so money is brought it
the goat: We've heard this from a few people now so thought it was worth posting.
Paratici (and subsequently Conte) were promised we'd have money to spend on new players and that was part of what convinced them to join.
These finances were meant to be from a deal that we'd hoped to have wrapped up by now. We don't know if it was the stadium rights or someone buying equity but Levy thought it'd be done already. Conte "understands" the situation but if things get worse then that can obviously change.
trix: Ok so just to elaborate a little on the Goats post.
The offer has been there for a while, but we have only moved forward with it from the point of Conte coming in. From what I'm told it's an outside investor and it's to do with a dilution of shares. I don't know much about this sort of thing so can't be more specific.
We hoped it would be done by now, but for whatever reason, and I believe due to the make up of the shareholding it was always going to be complicated and take time. FP and AC were both aware of this and knew it might affect January. Like I said the club hoped it would be done by now but for whatever reason it isn't.
I was told it was significant and all for transfers. Make your own minds up how much "significant" might be, as I honestly don't know. From what I was told this week it's still being worked on and that all parties are still hopeful it will happen.
Oh yes, and Levy is fully aware of the consequences of not backing Conte!!!
I wasn't going to post about this in the open forum but due to some already interpreting as the fat lady singing I thought I'd just add a little more context.
valenciayid: DL would love to sell, he has for some time wanted this but no one has been found who would meet his price….
He would also believe it or not love for Spurs to be successful and be winning things because despite his off field successes with the new stadium and the training set up, his legacy would be forever tainted and remembered for what his tenure didnt achieve…
Lets be honest he could have easily sold out by now for a lesser price but for still an amazing profit, spend more time in his Bahaman home and be done…but he hasnt, why not? For the agro? The extra few hundred mil? Or because his ultimate goal he has still not achieved….