ENIC

[Silly McSilly Face]

I think it’s less about tax as he doesn’t pay UK tax
It’s more about his families wealth and his issues in America with his insider deals

Very possibly but ultimately, ENIC are funded by and are basically simply a vehicle of investing Lewis's wealth.

 

[Bedfordspurs]

Very possibly but ultimately, ENIC are funded by and are basically simply a vehicle of investing Lewis's wealth.

Yep

 

[SpiderSpurs]

Thank you.

Reply...

“Type of supporter” means either one that attends matches infrequently, corporate supporter, non spurs fan that just wants to attend a premier league game in London, increase in rival fans in home end etc.

 

[scaramanga]

I think it’s less about tax as he doesn’t pay UK tax
It’s more about his families wealth and his issues in America with his insider deals

Doesn't he still have some grandchildren in the UK?

At his stage of life he's probably thinking about IHT too.

 

[Bedfordspurs]

Doesn't he still have some grandchildren in the UK?

At his stage of life he's probably thinking about IHT too.

Possibly
He is making sure his money can’t be taken away by authorities and is secured

 

[ricky2tricky4city]

So we spend what we earn and need to sell more players

That looks the income stream least developed...so if we want more money coming in we explore that avenue.

As I think Raziel was saying, and I agree, we are the step below top table, so only excellent players that come thru will be wanted by the elite. We have had a few of them (but of course, we can then also be hit with the 'selling club' stick).
Also players that we have purchased and reached our level BUT then don't work out are hard to shift, probably being paid more than at most clubs, don't want to move down but zero chance of moving up .Sideways perhaps??

So we buy a good few youngsters, compliment with the academy, step by step wage increases as they improve and then ultimately on heavily incentivised decent contracts. Learn to sell smartly, timing and price, production line replacement ideally. Then add some ready made, almost guaranteed to work type signings to compliment the core. But even these can be 25-27 year olds so we have a chance of re-sale if they don't work out or are a big hit.

This is probably close to our current approach and although I think this is the healthiest/exciting approach, in truth it's partly driven because of the diminished cash flow and massive transfer debt. We couldn't (can't) keep spending at our current rate, certainly if success wasn't coming off the back of it.

 

[Bedfordspurs]

That looks the income stream least developed...so if we want more money coming in we explore that avenue.

As I think Raziel was saying, and I agree, we are the step below top table, so only excellent players that come thru will be wanted by the elite. We have had a few of them (but of course, we can then also be hit with the 'selling club' stick).
Also players that we have purchased and reached our level BUT then don't work out are hard to shift, probably being paid more than at most clubs, don't want to move down but zero chance of moving up .Sideways perhaps??

So we buy a good few youngsters, compliment with the academy, step by step wage increases as they improve and then ultimately on heavily incentivised decent contracts. Learn to sell smartly, timing and price, production line replacement ideally. Then add some ready made, almost guaranteed to work type signings to compliment the core. But even these can be 25-27 year olds so we have a chance of re-sale if they don't work out or are a big hit.

This is probably close to our current approach and although I think this is the healthiest/exciting approach, in truth it's partly driven because of the diminished cash flow and massive transfer debt. We couldn't (can't) keep spending at our current rate, certainly if success wasn't coming off the back of it.

We know what’s killed us …. Buying talent with weak mindsets for huge sums
We are now (IMO and clearly from the outside) signing players who seem to have the right mentality (in the younger players) and older players we can make money on
We failed miserably with the child Gil but every other player signed recently apart from Richy we wouldn’t lose money on IMO. Maybe Bissouma because of his contract
Now the club has to be smarter and accept selling as part of the process. Fortunately because were brick it will be more acceptable.
I know in the past we could have sold Dier, dele, Toby, and many others for huge fees, but didn’t and lost out but our own position was very different then
This summer I fully expect Hojberg (deal done), Gil, Veliz, Bissouma, Solomon, Richy and ideally Romero (still can’t see a buyer paying the fee we would want). Thats potentially a £100m plus income which is what we need to carry in investing

 

[ricky2tricky4city]

We know what’s killed us …. Buying talent with weak mindsets for huge sums
We are now (IMO and clearly from the outside) signing players who seem to have the right mentality (in the younger players) and older players we can make money on
We failed miserably with the child Gil but every other player signed recently apart from Richy we wouldn’t lose money on IMO. Maybe Bissouma because of his contract
Now the club has to be smarter and accept selling as part of the process. Fortunately because were brick it will be more acceptable.
I know in the past we could have sold Dier, dele, Toby, and many others for huge fees, but didn’t and lost out but our own position was very different then
This summer I fully expect Hojberg (deal done), Gil, Veliz, Bissouma, Solomon, Richy and ideally Romero (still can’t see a buyer paying the fee we would want). Thats potentially a £100m plus income which is what we need to carry in investing

Agreed....we're migrating onto the new plan (one we should have stuck with all along).

I'm not too fussed about the selling thing, most clubs (even the best) do it...you just need to have succession planning nailed.

I think we are going in the right direction.... although I was just thinking £170m for Dom BJ and Richie....scary.

 

[Glenda's Legs]

Reply...

“Type of supporter” means either one that attends matches infrequently, corporate supporter, non spurs fan that just wants to attend a premier league game in London, increase in rival fans in home end etc.

So a Spurs fan who attends infrequently is the wrong type of supporter? Right oh. They should explain that in the questionnaire and publish it widely on their X, Insta, accounts etc. I am sure all our overseas fans who are going to the effort of making ENIC out banners and posting them on SM will agree. Or the many member fans who try to get tickets but are only successful occasionally.
Or is it just a tortuous way of wanting to say “Korean” fans but knowing they can’t?

 

[Bedfordspurs]

Agreed....we're migrating onto the new plan (one we should have stuck with all along).

I'm not too fussed about the selling thing, most clubs (even the best) do it...you just need to have succession planning nailed.

I think we are going in the right direction.... although I was just thinking £170m for Dom BJ and Richie....scary.

I think their prices reflected the market and are the rates you pay
They were the best players at their clubs at the time we brought them (arguably)

 

[SpiderSpurs]

So a Spurs fan who attends infrequently is the wrong type of supporter? Right oh. They should explain that in the questionnaire and publish it widely on their X, Insta, accounts etc. I am sure all our overseas fans who are going to the effort of making ENIC out banners and posting them on SM will agree. Or the many member fans who try to get tickets but are only successful occasionally.

I've asked them for clarity on that.

Or is it just a tortuous way of wanting to say “Korean” fans but knowing they can’t?

No, I 100% don't believe that is what they really want to say.

 

[Bedfordspurs]

So a Spurs fan who attends infrequently is the wrong type of supporter? Right oh. They should explain that in the questionnaire and publish it widely on their X, Insta, accounts etc. I am sure all our overseas fans who are going to the effort of making ENIC out banners and posting them on SM will agree. Or the many member fans who try to get tickets but are only successful occasionally.
Or is it just a tortuous way of wanting to say “Korean” fans but knowing they can’t?

What would be great was if the club banned people from selling their tickets too often
I know loads near us who have barely been all season and are now crowing at their loyalty points for the final if we make it
They should do something if you don’t go to over a high % you lose the respective loyalty points for the ones you have missed or sold on