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ENIC

Glenda's Legs said:
in fairness I remember Kat and Martin on a pod saying pretty much this. They had to go fully prepped with facts and figures for whatever they wanted to engage with Levy on - quite rightly of course - and I do believe they did this. Not so sure how it works now with the FAB.
The trouble is a fan group is just never going to have enough influence on a privately owned company. We’re not talking Asset and Fund Managers having THFC as a publicly listed company in their portfolios, who would have influence. Fan groups are shouting at the moon and there are too many mixed messages (as you might expect from such a disparate group).
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I agree, its tough, the issue now is it feels so disjointed that zero is being achieved, seemingly. The new THST board arranged a protest and never turned up, that just kills fan engagement which is your biggest strength.
 
kendoddsdadsdog said:
https://www.theguardian.com/footbal...aniel-levy-qatari-investors-chairman-takeover

This would be rather amusing, if it actually transpires.
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I'm not concerned all that much. The single most important thing for our future, is to loosen his and Lewis's corrosive grip over the club. Absolutely nothing else matters.

If we're indeed bought by rich investors on the condition that he stays on as chairman on a 'long-term contract', that's fine.

Because at that point he goes from 'owner who can veto everything at the club' to 'contracted employee'.

And those can be summarily terminated whenever the need calls for it, which it undoubtedly will after those investors see that the club they spent £3.75bn on continues to struggle due to the straitjacket Levy puts it in.
 
DubaiSpur said:
I'm not concerned all that much. The single most important thing for our future, is to loosen his and Lewis's corrosive grip over the club. Absolutely nothing else matters.

If we're indeed bought by rich investors on the condition that he stays on as chairman on a 'long-term contract', that's fine.

Because at that point he goes from 'owner who can veto everything at the club' to 'contracted employee'.

And those can be summarily terminated whenever the need calls for it, which it undoubtedly will after those investors see that the club they spent £3.75bn on continues to struggle due to the straitjacket Levy puts it in.
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Are you watching the asset stripping going on at Old Trafford?

Also, the oil bubble is really starting to burst as the big phase out is taking hold. BP look in big trouble already
 
Gutter Boy said:
Are you watching the asset stripping going on at Old Trafford?

Also, the oil bubble is really starting to burst as the big phase out is taking hold. BP look in big trouble already
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Re: Ratcliffe, yes I am mate - I also think it's too early to tell what the longer-term future for them looks like right now. I'll have a clearer idea of the benefits or drawbacks of their ownership model in a year or two.

On oil, I doubt it given recent political dynamics across the Western world (drill, baby, drill comes to mind).

But, even if true, that only intensifies the need for oil states to pivot away from it and seek alternatives to park their money in. You'll see more MENA outflows, not fewer, if that is indeed the case.
 
DubaiSpur said:
I'm not concerned all that much. The single most important thing for our future, is to loosen his and Lewis's corrosive grip over the club. Absolutely nothing else matters.

If we're indeed bought by rich investors on the condition that he stays on as chairman on a 'long-term contract', that's fine.

Because at that point he goes from 'owner who can veto everything at the club' to 'contracted employee'.

And those can be summarily terminated whenever the need calls for it, which it undoubtedly will after those investors see that the club they spent £3.75bn on continues to struggle due to the straitjacket Levy puts it in.
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It's amusing how the people with the money don’t share your perspective. They see Levy as invaluable. 😂 In your view, this guy is holding us back, yet the billionaires consider him an asset. The irony runs deeper: the person who set this up and put the club in a position to attract such investors is the same one you constantly criticise. At times, it seems like you're more invested in "levy out" than in Spurs football team winning.
 
DubaiSpur said:
Re: Ratcliffe, yes I am mate - I also think it's too early to tell what the longer-term future for them looks like right now. I'll have a clearer idea of the benefits or drawbacks of their ownership model in a year or two.

On oil, I doubt it given recent political dynamics across the Western world (drill, baby, drill comes to mind).

But, even if true, that only intensifies the need for oil states to pivot away from it and seek alternatives to park their money in. You'll see more MENA outflows, not fewer, if that is indeed the case.
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I mean for Tourism etc absolutely but buying a football club to over spend on is a black hole for finances short and long term. Spurs growth has undergone the major portion of its potential, not much left for anyone else I imagine. Maybe it will grown another 4bn with development but I doubt it
 
glasgowspur said:
It would be just like us to get taken over by an oil rich country just as the arse falls out of oil.
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I always think of the press clipping for Rangers which is always wrongly attributed to Us in that "we saw this as an investment", its often a hammer used, I don't doubt we are an investment BTW. But imagine being upset about hat quote but thinking Qatar would have anymore loyalty or feeling towards us above investment and also being ruthless........
 
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Grays_1890 said:
I mean for Tourism etc absolutely but buying a football club to over spend on is a black hole for finances short and long term. Spurs growth has undergone the major portion of its potential, not much left for anyone else I imagine. Maybe it will grown another 4bn with development but I doubt it
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Build a Burj Khalifa on the little parcel of land near the Bell and Hare?
 
Glenda's Legs said:
I think in the past the Trust had built up a reasonable operating rhythm with the club. Much as I found Kat and Martin (Kat especially) annoying, I do believe they did a lot of good work on ticketing, on working with the Safety Advisory Group, on having THFC representation on wider football groups, and on trying to hold the board to account. And I think Levy attended every meeting but may not have been there for some of the more operational stuff (but not totally sure tbh). I recall Spurs were one of the few clubs that met with their Trust more frequently than the PL recommended. They (the Trust) fudged it all up after the Super League stuff by calling for the Board to resign. At that point you lose any ears you might have had.
The irony is that the Fan Advisory Board they pushed so much to have in place is headed by Donna Cullen, so they have lost that direct connection with Levy, for whatever it was worth.
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There was also that letter demanding an open enquiry into the previous transfer window, was “full and believable” the phrasing used?
 
Grays_1890 said:
I mean for Tourism etc absolutely but buying a football club to over spend on is a black hole for finances short and long term. Spurs growth has undergone the major portion of its potential, not much left for anyone else I imagine. Maybe it will grown another 4bn with development but I doubt it
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True, but nobody truly wealthy invests in football to make money off it. That approach is restricted to relative small timers like Levy and Lewis, who are the proverbial pound shop two-bit halibut swimming in a pool of much bigger sharks, billionaires-wise.

Mostly, investors in football use it as a signalling and influence-buying exercise. Qatar invests in PSG because it secures an audience with the French government, which then leads to favorable geopolitical alignment on issues of import (see: them buying Dassault Rafale fighter aircraft).

Saudis invest in Saudi Sportswashing Machine as a way to get the ear of the British government, and also to ensure widespread support in Saudi Sportswashing Machine itself for their wider plans for real estate investment in and around the city.

Football is basically a signaller for intent, for those with wealth to spare. This would be especially true for anyone buying Spurs, a relative blue-chip club for a blue-chip price in the capital of the UK. Buying Spurs gets you instant access to a lot of UK politicians due to the significance of the Premier League.
 
DubaiSpur said:
True, but nobody truly wealthy invests in football to make money off it. That approach is restricted to relative small timers like Levy and Lewis, who are the proverbial pound shop two-bit halibut swimming in a pool of much bigger sharks, billionaires-wise.

Mostly, investors in football use it as a signalling and influence-buying exercise. Qatar invests in PSG because it secures an audience with the French government, which then leads to favorable geopolitical alignment on issues of import (see: them buying Dassault Rafale fighter aircraft).

Saudis invest in Saudi Sportswashing Machine as a way to get the ear of the British government, and also to ensure widespread support in Saudi Sportswashing Machine itself for their wider plans for real estate investment in and around the city.

Football is basically a signaller for intent, for those with wealth to spare. This would be especially true for anyone buying Spurs, a relative blue-chip club for a blue-chip price in the capital of the UK. Buying Spurs gets you instant access to a lot of UK politicians due to the significance of the Premier League.
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I agree, Godolphin have done that with Racing, they pull out thats probably 40% or the UK racing economy gone with it.

Not sure I fancy being a pawn in that kinda stuff and I have huge reservations about Qatar.

I reckon its all BS anyhoo
 
SpurMeUp said:
It's amusing how the people with the money don’t share your perspective. They see Levy as invaluable. 😂 In your view, this guy is holding us back, yet the billionaires consider him an asset. The irony runs deeper: the person who set this up and put the club in a position to attract such investors is the same one you constantly criticise. At times, it seems like you're more invested in "levy out" than in Spurs football team winning.
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We had Abramovich wanting to buy us in the early 2000s, but Levy and Lewis drove him off with the asking price so he bought Chelsea instead.

We've always attracted such investors - nothing Levy did materially impacts that. In fact, by valuing the club at £3.75B, he drove some off - Boehly also wanted to buy us before he bought Chelsea and spent £1B on them. QSI has wanted to buy us since the mid-2010s.

As for people 'see[ing] Levy as invaluable', it's amusing to me that this gets taken at face value. It could equally just be Levy refusing to relinquish control of the club, like a sordid barnacle on the hull of a ship, and investors simply accounting for that unfortunate fact. We won't know until it happens and we see what the future holds for our dear leader.

Like I said, once he's a contracted employee, he could simply be fired. I just wouldn't want you to be upset if that's what ends up happening.
 
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