Daniel Levy - Former Chairman

[MartyFunkhouser]

you know how he took loans for thfc using the club as collateral? the 30 year loans at low rates? Well he could have done the same with his equity - pledged sufficient shares against a personal loan.

after the stadium was built and everything settled, thfc valued themselves at 4bn so Levy's 25% was 1bn. easily he could take a loan for say 50m and the lewis trust match with 150m to maintain the original proportions.

Why do that when the whole business model was to increase spending via the commercial set up, which he did and the club have? 50m isn't anything in football terms to invest.

The majority owners who are cash rich, beyond cash rich and they hadn't shown any interest to do it, not sure then for that reason is should have fell at Levy to put his shares up to lend the club money?? Just seems abit of a silly expectation TBH, especially when with his removal his position was not even that secure?

He couldn't have done that before the build because the value of the club didn't increase till the build and the asset value went through the roof

 

[Muttley]

I know what you mean, of course
But it’s not a real reflection on his stake

I'm all ears.

What is/was his real stake then? I just assumed that he was operating like a Chairman of the Board and CEO at the same time with a 30% financial share. I was then anticipating that he would give up the CEO role and stay as Chairman on behalf of the bigger model. Then he lost both roles to Charrington and VV.

You obviously see something I don't right?

 

[Ace Face]

Even if he did which he hasn't what difference would it make, he couldn't hold on to his job holding just under 30% of the shares because he was ousted by the desicion of the majority owners who decided his time was over, the Lewis's would still be in total control even if someone acquires 25% of ENIC shares.

Was just asking a question…

 

[SirPercyHotspur]

Was just asking a question…

Maybe I phrased it wrongly , as yet nothing official that he has sold.

 

[Bedfordspurs]

I'm all ears.

What is/was his real stake then? I just assumed that he was operating like a Chairman of the Board and CEO at the same time with a 30% financial share. I was then anticipating that he would give up the CEO role and stay as Chairman on behalf of the bigger model. Then he lost both roles to Charrington and VV.

You obviously see something I don't right?

He owns a HUGE stake in the club
He isn’t the major shareholder which is a collective now under the trust
But as an individual with control of his shares via his trust, calling him a minor shareholder is disingenuous IMO

 

[MartyFunkhouser]

Jeeez we are now changing the definition on what make a minority share holder to put the boot in more. Some club us