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ENIC

Finney Is Back said:
Certainly too early to say with Vinai, perhaps too early to say with Lange.
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What credibility did Vinai have to get the job?
He only worked (as far as I can tell) at one club before hand and it wasn’t exactly a successful one in football terms based on their history before him (and I know he wasn’t in charge all the time)
 
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MartyFunkhouser said:
It seems that there are too many decision makers and no one is making one, I also think they are so keen not to look like Levy that they are now doing nothing and stuck in some kind of flux
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I am telling you mate, the system of operation has changed massively and the net result is 'who is leading'... I'm sure you can see it too. Levy was a single-point decision maker/micro-manager who had a very distinct 'way' in place, to the extent that players and fellow chairman did not dislike him more than accepted that he operated in a very way which was unique to him. The Neppies come in, bring a smarmer with them, and all think you can undo/flip that in 6 months during the season? Wan kers.
 
Bedfordspurs said:
What credibility did Vinai have to get the job?
He only worked (as far as I can tell) at one club before hand and it wasn’t exactly a successful one in football terms based on their history before him (and I know he wasn’t in charge all the time)
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But he increased revenues and profits off the pitch which is all that really matters in the eyes of the mega-rich, the soulless bunch that they are.
 
Baleforce said:
Bringing money in is really important if you want to then in turn spend money.
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Not arguing that fact, but a football club should not solely be considered as a revenue-generating operation. The pursuit for success on the pitch may not be the optimal ROI aspect but should always be a primary consideration along with financial performance. They cannot be considered as completely separate entities, but complimentary.

And that is where we have been failing.
 
Ace Face said:
Not arguing that fact, but a football club should not solely be considered as a revenue-generating operation. The pursuit for success on the pitch may not be the optimal ROI aspect but should always be a primary consideration along with financial performance. They cannot be considered as completely separate entities, but complimentary.

And that is where we have been failing.
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In fact, given our current situation, you could argue that poor on-the-pitch performance has more of an impact on our financials than success does.

But either way only focusing on the P&L and balance sheet, and not in conjunction with the on-the-field results as you would imagine many non-supporter billionaire owners may do, is a recipe for ultimate failure.
 
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Bedfordspurs said:
What credibility did Vinai have to get the job?
He only worked (as far as I can tell) at one club before hand and it wasn’t exactly a successful one in football terms based on their history before him (and I know he wasn’t in charge all the time)
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What credibility? Worked for a decent period of time at a bigger club than Spurs and was considered a success there.
 
Bedfordspurs said:
What credibility did Vinai have to get the job?
He only worked (as far as I can tell) at one club before hand and it wasn’t exactly a successful one in football terms based on their history before him (and I know he wasn’t in charge all the time)
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Vinai did well at Arse, here are some articles from Sky and the Guardian when he announced he was leaving the Arse:

Arsenal chief executive Vinai Venkatesham is to leave his role in the summer of 2024...Venkatesham first joined the north London club as head of global partnerships in 2010 and has been in the chief executive role over the past three seasons..."This was a tough decision, but it is time to pursue another challenge," he told the Arsenal club website. "Now is not the time for goodbyes as I remain focused until my last day and supporting a seamless transition."

Venkatesham will end a lengthy association with the club, whose commercial department he joined in 2010. His departure for an unspecified new challenge will come as a surprise given Arsenal’s fortunes have turned around under a leadership team headed up by Venkatesham, the sporting director, Edu, and the manager, Mikel Arteta.

He was appointed to his current role in September 2020, having previously been managing director, and has seen a once-chaotic organisation turn into one of the Premier League’s most smoothly run clubs.
 
Finney Is Back said:
What credibility? Worked for a decent period of time at a bigger club than Spurs and was considered a success there.
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His roles at arsenal were mixed
Working somewhere doesn’t mean your good
Lange will leave here as the DOF that oversaw us winning a trophy
And he is awful
If Vinai had been to a few clubs and done clever things I’d maybe agree
 
Judging by how many tickets remain on sale for next week’s CL match, nWHL might not be much fuller than this next season if our negative spiral continues.

www.bbc.co.uk

Lazio: Why are fans boycotting matches at the Stadio Olympico?

BBC Sport's Ask Me Anything team explains why only 5,000 fans are turning up to watch one of Italy's biggest clubs.
www.bbc.co.uk www.bbc.co.uk

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ENIC have this week sold 565 flats to Haringey Council. This is the Goods Yard and Depot sites. Building work hasn't started yet but the documents say they will be occupied by 2031. This is separate from the Printworks student flats, which are already in construction


haringeycommunitypress.co.uk

Council agrees to buy hundreds of new homes at major Tottenham redevelopment sites

The 565 new social homes will form part of the Goods Yard and The Deport redevelopments
haringeycommunitypress.co.uk haringeycommunitypress.co.uk

I'm not sure what this means:

1) ENIC now need to divert significant capital to get these two bigger schemes, which had been mothballed, rolling
or
2) They are flogging their interests as part of their exit strategy
 
Gutter Boy said:
ENIC have this week sold 565 flats to Haringey Council. This is the Goods Yard and Depot sites. Building work hasn't started yet but the documents say they will be occupied by 2031. This is separate from the Printworks student flats, which are already in construction


haringeycommunitypress.co.uk

Council agrees to buy hundreds of new homes at major Tottenham redevelopment sites

The 565 new social homes will form part of the Goods Yard and The Deport redevelopments
haringeycommunitypress.co.uk haringeycommunitypress.co.uk

I'm not sure what this means:

1) ENIC now need to divert significant capital to get these two bigger schemes, which had been mothballed, rolling
or
2) They are flogging their interests as part of their exit strategy
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It reads that WE are still building them.

Haringey have committed to purchasing...so they'll either be fronting some capital upfront or we can arrange development finance against that commitment.

Overall it reads as a great project for locals and lower earning families and individuals, plus key workers. As opposed to taking the easy money from L&G, Lloyd's, M&G etc as they rise up to be the nations landlords with identikit developments
 
MartyFunkhouser said:
It seems that there are too many decision makers and no one is making one, I also think they are so keen not to look like Levy that they are now doing nothing and stuck in some kind of flux
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None of the higher ups have a clue about football

At least with Levy he understood it, we may disagree with his decisions whist in charge, but he understood it.

It's quite funny seeing them all trying to blame Levy, ENIC held the purse strings, they could have invested more, it's all on them.
 
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Gutter Boy said:
1) ENIC now need to divert significant capital to get these two bigger schemes, which had been mothballed, rolling
or
2) They are flogging their interests as part of their exit strategy
Click to expand...
I don't know what the original plan was by ENIC when developing these sites but I doubt their intention was to become long term landlords in N17 so it might have been the plan all along that ENIC would develop the sites then the Council would take them over as part of the High Rd West plans also the council have been closely involved in the plans as the original scheme was rejected.
How the developments are being funded is also a bit of a mystery as the Spurs owned properties on the west side of the High Rd were sold to TH Property Ltd back in 2014 , you can find that in the accounts.
TH Property Ltd doesn't come under the Tottenham Hotspur Ltd umbrella so you can't find how much is being spent by looking up THL accounts at companies house , however TH Property is another ENIC company registered in The Bahamas.

 
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ricky2tricky4city said:
It reads that WE are still building them.

Haringey have committed to purchasing...so they'll either be fronting some capital upfront or we can arrange development finance against that commitment.

Overall it reads as a great project for locals and lower earning families and individuals, plus key workers. As opposed to taking the easy money from L&G, Lloyd's, M&G etc as they rise up to be the nations landlords with identikit developments
Click to expand...
I guess the issue is that ENIC will need to divert the £300m or whatever it will cost to build them upfront and soon. Its good there is now a guaranteed buyer, and i appreciate what you say that some of the loans will be offset. But its a significant distraction from rebuilding the football team.
 
SirPercyHotspur said:
I don't know what the original plan was by ENIC when developing these sites but I doubt their intention was to become long term landlords in N17 so it might have been the plan all along that ENIC would develop the sites then the Council would take them over as part of the High Rd West plans also the council have been closely involved in the plans as the original scheme was rejected.
How the developments are being funded is also a bit of a mystery as the Spurs owned properties on the west side of the High Rd were sold to TH Property Ltd back in 2014 , you can find that in the accounts.
TH Property Ltd doesn't come under the Tottenham Hotspur Ltd umbrella so you can't find how much is being spent by looking up THL accounts at companies house , however TH Property is another ENIC company registered in The Bahamas.

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I think NWHL was also paid for by TH Properties. Its just a tax fiddle so they dont have to pay UK tax im sure
 
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