ENIC

[billyiddo]

Seems to me when owners of other clubs inject cash into clubs by equity injection they get praised for ambition, when ENIC do it so many are suspicious, " what are they up to ?"
So far Lewis family have kept their word no sale and injection of cash,

This was the statement released by Charrington early September, note the words "and to be issued" in the statemant.

The Board of Tottenham Hotspur Limited (“Tottenham Hotspur”, the “Club” or the “Company”) is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd (“ENIC”), has received, and unequivocally rejected, separate preliminary expressions of interest in relation to proposals to acquire the entire issued, and to be issued, share capital of ENIC from (i) PCP International Finance Limited (“PCP”); and (ii) a consortium of investors led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited (the “Consortium”). As a consequence of ENIC’s majority ownership interest in Tottenham Hotspur, were any offer made to acquire ENIC and complete, a mandatory offer would be required under Rule 9 of the Code to acquire the shares of Tottenham Hotspur not already held by ENIC.

The Board of the Club and ENIC confirm that Tottenham Hotspur is not for sale and ENIC has no intention to accept any such offer to acquire its interest in the Club.

Think it's natural for there to be an air of skepticism around it given the circumstances/history.

I'm not drawing any conclusions on their intent atm - just need to see how it plays out

 

[Baleforce]

Seems to me when owners of other clubs inject cash into clubs by equity injection they get praised for ambition, when ENIC do it so many are suspicious, " what are they up to ?"
So far Lewis family have kept their word no sale and injection of cash,

This was the statement released by Charrington early September, note the words "and to be issued" in the statemant.

The Board of Tottenham Hotspur Limited (“Tottenham Hotspur”, the “Club” or the “Company”) is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd (“ENIC”), has received, and unequivocally rejected, separate preliminary expressions of interest in relation to proposals to acquire the entire issued, and to be issued, share capital of ENIC from (i) PCP International Finance Limited (“PCP”); and (ii) a consortium of investors led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited (the “Consortium”). As a consequence of ENIC’s majority ownership interest in Tottenham Hotspur, were any offer made to acquire ENIC and complete, a mandatory offer would be required under Rule 9 of the Code to acquire the shares of Tottenham Hotspur not already held by ENIC.

The Board of the Club and ENIC confirm that Tottenham Hotspur is not for sale and ENIC has no intention to accept any such offer to acquire its interest in the Club.

When other clubs do it it’s cheating.

Not sure how it’s not us trying to cheat as well.

This money wasn’t earned by the club.

Where is the integrity if we just start spending outside money, where does it stop

 

[Baleforce]

Thank you for talking sense. There is a lot of tosh being thrown around, regarding this £100m.

It is a very good sign for Spurs. The owners have put their money in, and indicated it is the first of many such injections.

Perhaps they realise that getting into the CL is vital for Spurs AND vital for pushing down our rivals.
Therefore they are willing to fund that.
Note also IF IF IF they wanted to throw in £0.5bn or £1bn or whatever, there would be no point throwing that all in right away, they can just feed it in bit by bit as needed. IF IF IF.

It’s a very bad sign imo.

It completely undermines what we have been trying to do for the last 25 years.

 

[Bullet]

It’s a very bad sign imo.

It completely undermines what we have been trying to do for the last 25 years.

I wanted us to do it the right way.
Then Cheatski got £2.5bn or whatever off Abramovich, then another £2bn or whatever off Boehly, then they sold their own hotels to themselves, next they will sell the air inside Stamford Bridge to themselves, so it is impossible to compete.

 

[Bedfordspurs]

It’s a very bad sign imo.

It completely undermines what we have been trying to do for the last 25 years.

Not if it’s money the owners have “earned” through the growth of the club

 

[Lemonade Money]

I wanted us to do it the right way.
Then Cheatski got £2.5bn or whatever off Abramovich, then another £2bn or whatever off Boehly, then they sold their own hotels to themselves, next they will sell the air inside Stamford Bridge to themselves, so it is impossible to compete.

And yet they are no better off than ourselves.

 

[Baleforce]

Not if it’s money the owners have “earned” through the growth of the club

Nah, still feels like cheating to me.

 

[Baleforce]

I wanted us to do it the right way.
Then Cheatski got £2.5bn or whatever off Abramovich, then another £2bn or whatever off Boehly, then they sold their own hotels to themselves, next they will sell the air inside Stamford Bridge to themselves, so it is impossible to compete.

If we can't do it the right way, no point doing it at all, would be worthless, every title Chelsea have won since Roman arrived has an asterisks against it, none of it really counts.

I need the moral superiority.

Winning what others have won isn't good enough, we need to win it better.

If it's not perfect it doesn't count.