ENIC

[Bedfordspurs]

I think their interests align with ours up to a certain point, if we are successful then it makes the club more profitable and raises our profile which makes ENIC richer. I just question whether their model can get us over the line. And we’ve seen they are not willing to do certain things like have a higher percentage of revenue spent on wages for example. Not sure we can truly compete on a consistent basis with the big boys unless we close the gap in that area.

Hard to guess
We are spending money
We are spending more than many others
But… but.. the money takes time to mature on the pitch
Id always welcome new owners but they would have to invest form their own pocket and not put us in more debt

 

[glasgowspur]

We've already had our first buyout ENIC so that part is satisfied already.

And you want to risk it again?
How many owners are Leeds or Blackburn on since their five minutes in sun.
What if we end up with owners like Watford, or Mike Ashley, or Ken bates, or randy learner, there's a lot more of them than there are of the mansours or fsg.

 

[Jurgen the German]

And you want to risk it again?
How many owners are Leeds or Blackburn on since their five minutes in sun.
What if we end up with owners like Watford, or Mike Ashley, or Ken bates, or randy learner, there's a lot more of them than there are of the mansours or fsg.

The problem with this conversation is that it is almost always only the negative connotation that gets brought up. What if we ended up with better owners? It feels like people think that we genuinely can’t do any better than ENIC.

 

[Bedfordspurs]

The problem with this conversation is that it is almost always only the negative connotation that gets brought up. What if we ended up with better owners? It feels like people think that we genuinely can’t do any better than ENIC.

We dont know
That’s the kicker
No one does because it’s not happened
But.. as I said above there would have ti caveats that anyone buying us doesn’t put us in more debt. That’s my worry
We would be a huge purchase for any organisation value wise with generally very little return
Why would someone pay £2.5/3B for Tottenham when they can buy clubs for a 10th if that and legitimise themselves that way

 

[Jurgen the German]

We dont know
That’s the kicker
No one does because it’s not happened
But.. as I said above there would have ti caveats that anyone buying us doesn’t put us in more debt. That’s my worry
We would be a huge purchase for any organisation value wise with generally very little return
Why would someone pay £2.5/3B for Tottenham when they can buy clubs for a 10th if that and legitimise themselves that way

I do understand that there is an inherent risk and we may end up with worse owners. What I don’t get is why people are so convinced that we absolutely cannot improve on ENIC, especially after 16 years with no silverware. It strikes me as very strange to believe that.

It only takes one person with silly money. I don’t think it’s out of the question that someone would make an offer to buy the club within the next 5 years.

 

[Bedfordspurs]

I do understand that there is an inherent risk and we may end up with worse owners. What I don’t get is why people are so convinced that we absolutely cannot improve on ENIC, especially after 16 years with no silverware. It strikes me as very strange to believe that.

It only takes one person with silly money. I don’t think it’s out of the question that someone would make an offer to buy the club within the next 5 years.

Pass
But those people with silly money are rare and imo arent stupid enough to buy a football club

 

[glasgowspur]

The problem with this conversation is that it is almost always only the negative connotation that gets brought up. What if we ended up with better owners? It feels like people think that we genuinely can’t do any better than ENIC.

Because it almost always is a negative.
For every good take over there's half a dozen bad.
For every city and Liverpool there's a utd, or a Leeds, or a Blackburn or a Saudi Sportswashing Machine or a Bolton, tell me when to stop because there is a fudge load of them. And some of those are nowhere near the really bad ones.

 

[Gutter Boy]

I do understand that there is an inherent risk and we may end up with worse owners. What I don’t get is why people are so convinced that we absolutely cannot improve on ENIC, especially after 16 years with no silverware. It strikes me as very strange to believe that.

It only takes one person with silly money. I don’t think it’s out of the question that someone would make an offer to buy the club within the next 5 years.

Its because the two dominant models of ownership are wahhabist blood money or american asset stripping. There arent noble benefactors around any more. Its which evil do we pick

 

[glasgowspur]

Its because the two dominant models of ownership are wahhabist blood money or american asset stripping. There arent noble benefactors around any more. Its which evil do we pick

Nobody is getting into ownership now to win stuff, it's too competitive with too long odds, it's to make money from the club.

 

[Jurgen the German]

Because it almost always is a negative.
For every good take over there's half a dozen bad.
For every city and Liverpool there's a utd, or a Leeds, or a Blackburn or a Saudi Sportswashing Machine or a Bolton, tell me when to stop because there is a fudge load of them. And some of those are nowhere near the really bad ones.

So the solution is to stick with ENIC indefinitely because might end up work worse owners?

 

[Jurgen the German]

It’s because the two dominant models of ownership are wahhabist blood money or american asset stripping. There arent noble benefactors around any more. Its which evil do we pick

It’s nowhere near as binary as that. Arsenal’s owners aren’t like that. Neither are Liverpool’s. Most owners aren’t tied to awful regimes like Emirates Marketing Project and Saudi Sportswashing Machine.

 

[glasgowspur]

So the solution is to stick with ENIC indefinitely because might end up work worse owners?

No, but it's a bit like the new manager thing, "it will be better," we're told,
"well why will it be better?"
"because it will be, because it has to be,".
Well no I'm sorry, I need better reasoning than that, especially when I look at the evidence of what happened elsewhere.
I support the club, I want what is best for the club, as I'm sure we all do, I'm not wedded to an owner, or manager or player, but I can't see the point of a leap in the dark.

 

[Jurgen the German]

Nobody is getting into ownership now to win stuff, it's too competitive with too long odds, it's to make money from the club.

Chelsea’s owners would disagree with that. I think most of the big clubs want to win AND make money whereas the priority for us to be profitable first.

 

[glasgowspur]

Chelsea’s owners would disagree with that. I think most of the big clubs want to win AND make money whereas the priority for us to be profitable first.

Yes, they probably would disagree, whether they actually do make money from it is a different story.

 

[metalgear]

Because it almost always is a negative.
For every good take over there's half a dozen bad.
For every city and Liverpool there's a utd, or a Leeds, or a Blackburn or a Saudi Sportswashing Machine or a Bolton, tell me when to stop because there is a fudge load of them. And some of those are nowhere near the really bad ones.

but sticking with levy all these decades ... is a positive? negative for me and i'd risk it.

 

[Baleforce]

Because it almost always is a negative.
For every good take over there's half a dozen bad.
For every city and Liverpool there's a utd, or a Leeds, or a Blackburn or a Saudi Sportswashing Machine or a Bolton, tell me when to stop because there is a fudge load of them. And some of those are nowhere near the really bad ones.

Jury is still out on City and Liverpool too, what happens when they leave, what financial state is the club in then?

Personally, I’m not willing to risk decades of strife just for 7/8 years of winning everything.

We have to think long long term.

 

[Bedfordspurs]

Chelsea’s owners would disagree with that. I think most of the big clubs want to win AND make money whereas the priority for us to be profitable first.

Let’s see if they actually win anything first

 

[Jurgen the German]

Let’s see if they actually win anything first

At least they’re doing everything they can to win things. Can’t say we are doing the same.

 

[Jurgen the German]

Jury is still out on City and Liverpool too, what happens when they leave, what financial state is the club in then?

Personally, I’m not willing to risk decades of strife just for 7/8 years of winning everything.

We have to think long long term.

How long is long term just out of interest? Would you be happy if it’s decades more and you’re not around to see the success?

 

[Bedfordspurs]

At least they’re doing everything they can to win things. Can’t say we are doing the same.

Are they?
I mean it looks to me like they are just buying loads and loads of players still without a plan
I fully expects them to win the conference league though
They came in with huge plans but so far have just delivered chaos
They have had a good spell this season but as soon as they have to play their first team back to back they have struggled
The big change possibly is at the top of their business
We haven’t heard much this year of the turmoil and arguments