http://www.itv.com/sport/football/a...e-four-players-brought-in-at-white-hart-lane/
That was my first clue. Well, that and the mass of other stories that came out immediately afterwards that said the same thing, Jason Burt exclusives included.
Levy loses almost no money when he makes bad decisions, because he's put in relatively little money in the first place. So that really isn't as big a motivation for Levy making good decisions as you might think. Ultimately, his gamble (and Lewis' gamble) is that their eventual sale of this club will net them multiples of what they originally spent to buy this club, with as little invested to achieve that profitable outcome as they can get away with. Almost all of the day-to-day expenditures come straight from income. So there isn't a lot at stake for them when they do get the occasional decision badly wrong.
Don't get me wrong, Levy isn't actively malevolent or disinterested (or even extremely incompetent) when it comes to decision-making: however much I dislike the way he runs the club now, I'll take him at his word when he says he's a fan like us and that this (combined with the obvious chase for the highest possible sale price) makes him more circumspect when making decisions that he otherwise would be. But do not presume that he gives a single **** about supporting or backing our managers: they're ultimately quite disposable in the overall scheme of things, and that's a shame because it will be what prevents us from ever breaking that ceiling we constantly bump into while ENIC are around.