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Daniel Levy - Former Chairman

MartyFunkhouser said:
I mean is it huge? Any money paid for Levy shares will go to Levy so the only way it will be huge is through what? A cash injection and they are near impossible to manufacture in the modern rules
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There are so many ways that Spurs can improve….

Stadium sponsorship, debt paid off, big investment into the academy, sister/feeder team/teams in Europe and beyond.
 
thfcsteff said:
They have a set philosophy. Within that philosophy a coach can choose the system they feel works best to execute the philosophy.
I think it's fair to say a Thomas Frank would not have got the job. That's it. We had a philosophy in place and all tiers of the club were running on it. We simply didn't believe enough in it to find a manager who had the same philosophies as Ange with perhaps a more tweaked approach. We essentially gave up on it all after just two years (which yielded a trophy). Weird.
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It's not the same though. Each time we appoint a manager we would then align our youth systems to match him. Or we appoint managers of whom our "philosophy" doesn't match. When we had Poch there was supposedly an aligned system though our youth structures, yet we then went and hired Jose Mourinho who played very differently, then followed by Nuno and finally 3 at the back Conte. Each time the youth system either had to pivot or just didn't match with the vision of the current coach.

I don't even think your Ange point is valid because he was only in the job for 2 seasons there is no way our structure would have been successfully realigned to fit him in such a short time especially when they seemingly had already decided to sack him by the halfway point of the 2nd season.

Frank would never get the Barcelona job, but that's the point they have deeply embedded institutional knowledge, they've know what works, what suits and what doesn't. The reality is we have no real overarching philosophy that is deeply embedded. If we had one we wouldn't have appointed the range of coaches from Poch, Jose, Nuno, Conte, Ange and then Frank. All with very different playing structures and systems and all who would use (or not use) any youth structures very differently.
 
Baleforce said:
The firing of Levy was insane, the guy is the greatest football chairman ever.

But with the right person in charge ENICs ownership worked, there was alignment.

Our next owners will almost certainly be asset stripping or sports washing.

If there is any fire here I expect it to be the beginning of the end of the club.
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It didn't work.
 
Finney Is Back said:
They are buying all of Levy’s shares are t they? 25% of THFC would be Levy’s entire stake.
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He has/had ~30% and the amount he is said to have sold falls under a 25% threshold which is significant in company law, so might well be the level at which he can sell without ENIC’s consent or knowledge. ENIC certainly seem to have been blindsided by the announcement.

There probably are going to be at least two sets of lawyers doing ever so well out of the question of Levy’s entitlement to sell shares.
 
Raziel said:
As has been reported

- Levy (if he did) sold ENIC shares (not Spurs), that has some important aspects, one is it doesn't affect the fans who still own Spurs shares in anyway
- 25% is the threshold in UK not to run, but to be able to block things (you could make life miserable)
- Yes, Levy was outed as Chairman but he could have still wielded his 30% to challenge Lewis family on stuff.
- As @Ace Face mentioned, the particulars of Levy's shares matter (we do not know), I'd assume they gave him decent rights (as he was defacto running the club and would hardly have cut himself a bad deal)
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The sale is supposedly for 24.9% of his 29.9% share of ENIC so below the threshold.
 
Baleforce said:
Our next owners will almost certainly be asset stripping or sports washing.
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I think everyone should be cautious about who the new owners might be, regardless what anyone thought of Levy or thinks of Enic, myself included, they haven't meant anything with bad intentions, they might of and have made mistakes, but thats different.

I am hugely concerned about who may buy our club, no bias about current or previous ownership plays into that, I just look around the sport and there are more bad examples of ownership than there are good and for a club valued at 4bn, its going to take someone with very deep pockets and very good intentions to take us forward with the kind of investment into the club some seem to be dreaming of
 
Isn't 25% the threshold that requires a company to make a mandatory take-over bid? Or is that only public companies?

The purchase seems odd as it comes with little voting rights. I assume they want to take control, so I doubt there will be any investment in t he club without agreement on some control.

From Levy's perspective it makes lots of sense. He's lost control and his shareholding is effectively a passive asset. I doubt he's happy to quietly retire. Now he gets the money to do something new.
 
Assuming that Enic might have some say on where these shares go, or so I am reading, seems strange that there isnt an official acknowledgement?

Isn't one of these the same guy who made huge noises last year about buying us? Tech Bro fella??
 
jts1882 said:
Isn't 25% the threshold that requires a company to make a mandatory take-over bid? Or is that only public companies?

The purchase seems odd as it comes with little voting rights. I assume they want to take control, so I doubt there will be any investment in t he club without agreement on some control.

From Levy's perspective it makes lots of sense. He's lost control and his shareholding is effectively a passive asset. I doubt he's happy to quietly retire. Now he gets the money to do something new.
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He's selling 24.9%
 
Need someone in the Bahamas to have a look into the accounts of ENIC Sports and Development Holdings Limited, seems the only way Eight Sports Capital Limited can get control of the club is to buy out the Lewis Family share .
Next question is are Eight Sports suitable owners in the view of the football regulator, personally would rather remain British owned even if they are based in the Bahamas.
 
More stuff from Google AI , maybe true maybe not..


  • The CEO: The firm is fronted by Brooklyn Earick, an American tech entrepreneur and former NASA Ames Research Center engineer. Earick has a history of high-profile, ultimately unsuccessful sports investment pursuits. This includes fronting an aborted £4.5 billion consortium bid to buy Tottenham outright, which the club explicitly rejected. [1, 2, 3]
  • The Parent Company: Eight Sports Capital is backed and owned by Triller Group Inc., an American digital entertainment and technology company. Triller's primary owners include prominent businessmen Wing-Fai Ng and Richard Tsai. [1, 2, 3]
  • Credibility & Regulatory Risks: Corporate analysts have highlighted acute funding risks associated with the firm. Its parent company, Triller, was officially delisted from the Nasdaq stock market following repeated failures to file mandatory financial reports and ongoing doubts regarding its status as a "going concern"
 
SirPercyHotspur said:
More stuff from Google AI , maybe true maybe not..


  • The CEO: The firm is fronted by Brooklyn Earick, an American tech entrepreneur and former NASA Ames Research Center engineer. Earick has a history of high-profile, ultimately unsuccessful sports investment pursuits. This includes fronting an aborted £4.5 billion consortium bid to buy Tottenham outright, which the club explicitly rejected. [1, 2, 3]
  • The Parent Company: Eight Sports Capital is backed and owned by Triller Group Inc., an American digital entertainment and technology company. Triller's primary owners include prominent businessmen Wing-Fai Ng and Richard Tsai. [1, 2, 3]
  • Credibility & Regulatory Risks: Corporate analysts have highlighted acute funding risks associated with the firm. Its parent company, Triller, was officially delisted from the Nasdaq stock market following repeated failures to file mandatory financial reports and ongoing doubts regarding its status as a "going concern"
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Massively concerning.
 
Glenda's Legs said:
I haven't caught up on all the happenings since yesterday but I did see this the other day (not sure if already posted), which might explain why Levy is selling up :

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Story, such that it is (not a lot of substance) here
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wonder what stadium they will play in?
 
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