I see profit from Stadium as Tottenham Hotspurs, not Enic's.. this will never change. I know that goes against business in general, but that's how I see it. Enic is just a custodial leech stuck on the side of the stadium.
Analogy time:
You own a manufacturing company. It's a decent, well run company (because you run it well) worth £1 million. But it requires a significant investment in new premises, machinery and technology for it to grow and reach its potential. So you go to the banks for borrowing. The banks see that you run a tight ship and have a good product and are therefore prepared to lend you what you need.
With the borrowed money, you build the new premises and kit them out with all the latest gadgetry. Business booms and, over a few years, the company's increased profits pay off all the borrowing. Shortly afterwards, you receive a telephone call from another businessman. He wants to buy your business for £3 million. This seems like a very fair offer to you. After all, not long ago, your business was only worth £1 million. So you agree to sell.
But then you have a thought..........."Wait just a minute! The company is only worth £3 million now because of the new premises and gadgetry and all the added profits that they are earning. And it was the company that paid for it. I can't therefore, in all conscience, claim the extra £2 million that the company is now worth. That £2 million belongs to the company."
Convinced of your sound thinking and the righteousness of your stance, you take £2 million of the £3 million you have just been given for your company and you say to the new owner as you hand over the cheque, "I'm giving this money to the company. The company deserves it. The company earnt it." And then you walk away.
The new owner watches, gobsmacked, as you walk off into the sunset. And then he laughs. Laughs until he can laugh no more. He has just paid £1 million for a £3 million company. He pockets the £2 million and puts the company back on the market the very next day. It sells for £3 million and he has made the quickest and easiest £2 million he will ever make.
He too walks off into the sunset, singing softly to himself, to paraphrase a well known football chant.....
Can I buy a company off Superhudd every week,
Can I buy a company off Superhudd every week?
Enic should do the right thing.. When they sell, sell 49% to a company and give the other 51% to the fans. They make a profit from the 49% and do the right thing with the rest. A Bayern model if you like.
Then I won't view them just like any other money grabbing tart.
If I buy a t-shirt with the words "Come On You Superhudd" written on it, and spend a few hours every Saturday chanting your name, will you sign over 51% of your house to me. And if not, are you a money grabbing tart? ;-)Enic should do the right thing.. When they sell, sell 49% to a company and give the other 51% to the fans. They make a profit from the 49% and do the right thing with the rest. A Bayern model if you like.
Then I won't view them just like any other money grabbing tart.
The article starts by pointing out that this is an issue at a lot of clubs. And then wonders why Levy doesn't "change his ways". The implication being that Levy (and the other clubs) are choosing this model and simply have to choose a different approach to make everything better.Yet this evidence is not enough to persuade Levy to change his ways.
http://www.standard.co.uk/sport/foo...business-to-the-11th-hour-again-a2905536.html
Here we are again: another August, another unbalanced squad, a manager who knows he needs more, players unsure about their futures. It is a familiar problem at many clubs but at Tottenham, it feels particularly acute.
Few periods in football highlight the tension between the boardroom and the dugout better than the transfer window.
Whereas managers would like their squad for the season in place before the action starts, their chairmen and chief executives are often prepared to wait until the closing hours of the transfer window to try to conclude deals.
Tottenham chairman Daniel Levy does not have a public Twitter account, yet he might be proud to know that his transfer brinkmanship has its own hashtag — #levytime.
HOW LATE DEALS COST SPURS
2015-16
Form: LD
Players in: 1
Players out: 1
2014-15
Form: WWL
Pts behind CL place: 6
Players in: 2
Players out: 3
2013-14
Form: WWL
Pts behind CL place: 10
Players in: 3
Players out: 2
2012-13
Form: LD
Pts behind CL place: 1
Players in: 4
Players out: 4
2011-12
Form: LL
Pts behind CL place: 1
Players in: 1
Players out: 5
2010-11
Form: DWL
Pts behind CL place: 6
Players in: 2
Players out: 0
2009-10
Form: WWWW
Pts behind CL place: +3
Players in: 1
Players out: 2
2008-09
Form: LLD
Pts behind CL place: 21
Players in: 3
Players out: 2
2007-08
Form: LLWL
Pts behind CL place: 30
Players in: 0
Players out: 2
2006-07
Form: LWL
Pts behind CL place: 8
Players in: 2
Players out: 0
2005-06
Form: WWDL
Pts behind CL place: 2
Players in: 3
Players out: 2
*Above shows Tottenham’s form and transfer dealings between start of the season and the end of the transfer window - and how many points they finished behind a place in the Champions League
But by leaving it so late to complete business, does Levy risk damaging the club’s chances of achieving his primary goal — Champions League football? Between 2010-11 and 2012-13, Spurs won just one of their seven League games in August as first Harry Redknapp and then Andre Villas-Boas worked with squads still under construction. In two of those three seasons, they finished only one point outside the Champions League places.
This season Liverpool and Spurs were named as contenders for a top-four spot. After two games, Spurs are already five points behind Brendan Rodgers’ side. Can anyone spot a pattern?
If players like Emmanuel Adebayor, Scott Parker and Hugo Lloris, to name three, had been signed at the start of August, Spurs would surely not have missed out as they did. It is the same with player sales. By leaving final negotiations until late in the window, Levy was able to extract maximum price for Dimitar Berbatov, Luka Modric and Gareth Bale — but at what cost?
To hold out for a better deal in this way risks weakening the club in the long run, as no Champions League means no huge television revenues. Less money coming in makes it more difficult to sign the players who can deliver the main prizes.
As Mauricio Pochettino admitted last week, Spurs are looking for potential in the transfer market, rather than proven footballers, at a time when the head coach believes he needs more experience.
Yet this evidence is not enough to persuade Levy to change his ways.
More hogwash from the Standard.