• Dear Guest, Please note that adult content is not permitted on this forum. We have had our Google ads disabled at times due to some posts that were found from some time ago. Please do not post adult content and if you see any already on the forum, please report the post so that we can deal with it. Adult content is allowed in the glory hole - you will have to request permission to access it. Thanks, scara

Transfer speculation

Not that old chestnut again, i have been hearing and reading that is what Levy and Lewis have been going to do for years. Guess what? they are still here.

Totally agree, I swear .. spurs fans will make me slit my wrist ... 16 fudging years later and Lewis/Levy/ENIC are somehow still here for a quick buck.

In the last 10 years, there have been about 3 major inflection points for the club where if Levy/Lewis/ENIC were in anyway inclined to sell, those would have been the moments. The investments and scope of the redevelopment in WHL simply make no sense if you were planning on exiting anytime in the next decade.
 
Totally agree, I swear .. spurs fans will make me slit my wrist ... 16 fudging years later and Lewis/Levy/ENIC are somehow still here for a quick buck.

In the last 10 years, there have been about 3 major inflection points for the club where if Levy/Lewis/ENIC were in anyway inclined to sell, those would have been the moments. The investments and scope of the redevelopment in WHL simply make no sense if you were planning on exiting anytime in the next decade.

Why? Most of the money involved isn't ENIC's - it's the club's own income and the loans taken out in the club's name that are jointly responsible for funding the project. If you wanted to make the biggest possible profit on your purchase of the club, you sell when it reaches its peak value - which would be once the stadium is completed, the asset is in place and earning revenue and the club's loans are secured against the increased income from that asset. At that point, the club itself would be one of the most valuable entities in the football world, and would easily go for 1 - 1.5bn pounds, which would secure a profit of 2000% - 3000% on their initial purchase price + the price paid to buy out the rest of Sugar's holdings (I believe that comes out to about 50m total). And it's not like the new owners would be buying a dud, either - they'd be buying an entirely self-sustaining club which hasn't had money put into it by the owners for non-infrastructural spending for more than a decade - they could preserve it as an asset, siphon funds from it for personal usage or even leech money from the club to pay off the acquisition, Glazer-style. Thus, the high price isn't unwarranted, especially when the marketing boost from the initial NFL tie-up and (hopefully) regular CL participation will make us more attractive to your average billionaire punter.

There are good business reasons to exit the club immediately after the stadium is completed and the increased income has stabilized, imo - especially since, again, it isn't ENIC's money in the stadium (not the majority of it, in any case) - it's our own cash.
 
Why? Most of the money involved isn't ENIC's - it's the club's own income and the loans taken out in the club's name that are jointly responsible for funding the project. If you wanted to make the biggest possible profit on your purchase of the club, you sell when it reaches its peak value - which would be once the stadium is completed, the asset is in place and earning revenue and the club's loans are secured against the increased income from that asset. At that point, the club itself would be one of the most valuable entities in the football world, and would easily go for 1 - 1.5bn pounds, which would secure a profit of 2000% - 3000% on their initial purchase price + the price paid to buy out the rest of Sugar's holdings (I believe that comes out to about 50m total). And it's not like the new owners would be buying a dud, either - they'd be buying an entirely self-sustaining club which hasn't had money put into it by the owners for non-infrastructural spending for more than a decade - they could preserve it as an asset, siphon funds from it for personal usage or even leech money from the club to pay off the acquisition, Glazer-style. Thus, the high price isn't unwarranted, especially when the marketing boost from the initial NFL tie-up and (hopefully) regular CL participation will make us more attractive to your average billionaire punter.

There are good business reasons to exit the club immediately after the stadium is completed and the increased income has stabilized, imo - especially since, again, it isn't ENIC's money in the stadium (not the majority of it, in any case) - it's our own cash.

The area regeneration, the level of detail (additional cost that will be factored into price), money spent on training ground are all things that fundamentally improve the clubs position but would not be reflected in price gained.

To your point, if you wanted to make the biggest profit, you would do enough, but not go beyond (making the best stadium in Europe is not required), the club is clearly doing more than the required.
 
The area regeneration, the level of detail (additional cost that will be factored into price), money spent on training ground are all things that fundamentally improve the clubs position but would not be reflected in price gained.

I disagree. Area regeneration makes it more attractive to foreign investors interested in owning a prestige asset, since it wouldn't be situated in a relatively deprived area anymore. Level of detail would be necessary to distinguish our club's unique features from other clubs on the market. Money spent on the training ground improves our prestige (which again makes us attractive to foreign investors) on-pitch performance and our ability to generate youngsters for the first team, which ensures that we should be able to maintain a level of competitiveness regardless of what the owners do with us once they've bought us (to some extent) - which would only add to our attractiveness, and thus reflect in the additional price requested.

To your point, if you wanted to make the biggest profit, you would do enough, but not go beyond (making the best stadium in Europe is not required), the club is clearly doing more than the required.

Not sure why that would be the case, because, as I mentioned, they're doing this with the club's own money for the most part - their current day job pending the sale of the club to somebody else is running it, and since the stadium is being built mainly with our own money and loans taken out in the club's name, there's little risk involved for them in ensuring that we get the best possible results with our spending. Why *not* ensure a great stadium (not the best in Europe, but a great one nonetheless) when you're not on the hook for it?

I'd suggest, in other words, that they would be *more* inclined to do a barely-acceptable job if they had their own skin in the game, because the ballooning costs from every extra bit of quality added would cut into their own funds. As it stands, they can afford to pursue excellence because they're doing it on our dime, for the most part. Which, as I've mentioned in the previous bit, adds to our attractiveness as a prospect on the market - and we will need to be very attractive indeed to merit the huge price that will likely be asked for us when we *are* put on sale.

If you want to make the most profit, you would sell when the club reaches its peak value. That is *with* a new stadium, with all the bells and whistles that merit charging the maximum price possible. Not before. But, having reached that point, there's no point holding on to the club longer than that if your intent is to maximise your profit, because there's little gain involved for our owners in the way they've set us up - almost entirely independently of them. We will run on our own, maybe win a title or two in the next couple of decades, with no input from them and no demands from them on our own finances, while they have an entirely self-sustaining asset sitting there. Which is great if your aim is to own Tottenham Hotspur and brag about it at topless billionaire bingo or whatever it is unimaginably rich people like Joe Lewis get up to - less so if your aim is to generate the maximum profit on your investment, which is how unimaginably rich people like Joe Lewis got that way in the first place. :p
 
Last edited:
Totally agree, I swear .. spurs fans will make me slit my wrist ... 16 fudging years later and Lewis/Levy/ENIC are somehow still here for a quick buck.

In the last 10 years, there have been about 3 major inflection points for the club where if Levy/Lewis/ENIC were in anyway inclined to sell, those would have been the moments. The investments and scope of the redevelopment in WHL simply make no sense if you were planning on exiting anytime in the next decade.


Indeed, i have to shake my head at the continued moan,moan,moan about Levy and co. Two things come to mind (1) haters got to hate (2) Some have been proved wrong about all the comments they have made in the past about Levy/Lewis being tight, feathering their own nest, lack of vision, only in it for the Money etc, etc that they can not admit their comments being wrong.

Probably number two is the favourite.
 
The little pea.......back to the prem from Germany........we're well interested......bargain price as well.

That'll do?

It's in the Metro:cool:

Phew!

If it's anything more than complete bollox it's simply his agent getting his name out there to try and raise some interest.
 
Indeed, i have to shake my head at the continued moan,moan,moan about Levy and co. Two things come to mind (1) haters got to hate (2) Some have been proved wrong about all the comments they have made in the past about Levy/Lewis being tight, feathering their own nest, lack of vision, only in it for the Money etc, etc that they can not admit their comments being wrong.

Probably number two is the favourite.

In another life they would be shouting Wenger out every five minutes!
 
In another life they would be shouting Wenger out every five minutes!

Thankfully there was/are not as many as they are for Wenger, i do remember a few years ago two prats stood outside the Lane with "Levy out" banners though. :) I actually felt sorry for them as they were getting quite a bit of stick from most of our fans.
 
Thankfully there was/are not as many as they are for Wenger, i do remember a few years ago two prats stood outside the Lane with "Levy out" banners though. :) I actually felt sorry for them as they were getting quite a bit of stick from most of our fans.

I remember it well, embarrassing.
 
Thankfully there was/are not as many as they are for Wenger, i do remember a few years ago two prats stood outside the Lane with "Levy out" banners though. :) I actually felt sorry for them as they were getting quite a bit of stick from most of our fans.

Was that around the time he wanted to take us to Stratford? I was dead against it, but if that was just a tactic to get Boris to stump up more cash then I can let it go.
 
Also, putting all that ENIC/guffing about fans unhappy with ENIC stuff aside for a second, one possible option for us in that attacking midfielder slot we're apparently trying to fill would be Federico Bernardeschi, of Fiorentina. Tall, rapid attacking midfielder, who plays across the attacking midfield band and enjoyed an excellent season for Fiorentina in 16/17. Only turned 23 a few months ago, and, best of all, is on a contract which expires in 2019 - he's a year away from entering the last season of his contract, and that sort of uncertainty is ideal for clubs like us trying to swoop in at a price that perhaps won't be as extortionate as it would have been had he been on a longer deal. I don't doubt that Fiorentina will ask for big money in this market - 35-40m quid, even. But that's still within our ability to pay. He seems like he would perfectly suit what we need in that AM band - can dribble supremely well, pass creatively (wears #10 for Fiorentina, so he's more of a physically-gifted playmaker than a pure winger a la N'Koudou), has pace, power, height and balance. And is only 23.

(Complementary electro-music video, although a better made one than some of the others on YT -


Downside is that he's apparently a bit one-footed (predominantly relies on his left), but that hasn't stopped him becoming one of Italy's most coveted prospects. And, if we are going Italian, we could also go for Andrea Conti as a replacement for Walker should he leave - similarly young (I believe he's also only 23), taller than Walker but still technically gifted, has great attacking stats for a right wing back. Atlanta are apparently willing to let him go for 25-30m euros, so he would again be within our reach, fee-wise. Possible downsides to getting players from Italy in general should be known to us by now (given Lamela's initial struggles), but that doesn't mean we should dismiss the possibility out of hand given the evident talent growing in that country.


There is a significant problem to us signing either, however - which is that these players are attracting interest from Juve and Milan, respectively. Juve apparently want Bernardeschi, and Milan want Conti - the former are an understandable attraction for any player, never mind an Italian one, and the latter have just become fabulously wealthy because of Chinese investors and will likely pay whatever is necessary to get their men.

But, to me, if we lose Walker and correspondingly gain the funds to pursue such players, these are the sorts of transfers that will gradually signify our shift from shopping in the third-tier of talent to shopping in tier two, if we can pull them off - the players below the ones coveted by the very biggest clubs, but still players of enormous potential that are being courted by some of the big boys outside the megaclub-tier. I don't know if it's too early for us to try and compete with Juve and Milan for players - but we could do worse than give it a shot in these two cases, I feel, *if* Walker leaves and *if* they're still hanging around in August when we might see movement either way.
 
It's easy to forget about Ajax if you're not of a certain age. They were the first team that caught my eye playing a different style of football, but u was only about 7 so maybe it was the strip:D.
As for the league strength relating to EC winners I was meaning in the past when it was a knock out comp. Alas those days are gone. Even for a club one us or Dortmund, juve etc it will take an almighty aligning of the stars.

You're right on both counts - I was too young to actually care about Ajax in 1995, and it will take a miracle for a non-superclub (or non-doped-up club) to win the CL now the way it's set up. :p Although I still maintain that the story of the Lisbon Lions has a certain unique romance about it that draws you in. Maybe because it was so long ago - or maybe because that was when we were still basking in the glow of being the first British team to win a European trophy and of being the first double winners of the twentieth century, so it sticks for Spurs fans more than others. Golden era, and what not. ;)
 
Also, putting all that ENIC/guffing about fans unhappy with ENIC stuff aside for a second, one possible option for us in that attacking midfielder slot we're apparently trying to fill would be Federico Bernardeschi, of Fiorentina. Tall, rapid attacking midfielder, who plays across the attacking midfield band and enjoyed an excellent season for Fiorentina in 16/17. Only turned 23 a few months ago, and, best of all, is on a contract which expires in 2019 - he's a year away from entering the last season of his contract, and that sort of uncertainty is ideal for clubs like us trying to swoop in at a price that perhaps won't be as extortionate as it would have been had he been on a longer deal. I don't doubt that Fiorentina will ask for big money in this market - 35-40m quid, even. But that's still within our ability to pay. He seems like he would perfectly suit what we need in that AM band - can dribble supremely well, pass creatively (wears #10 for Fiorentina, so he's more of a physically-gifted playmaker than a pure winger a la N'Koudou), has pace, power, height and balance. And is only 23.

(Complementary electro-music video, although a better made one than some of the others on YT -


Downside is that he's apparently a bit one-footed (predominantly relies on his left), but that hasn't stopped him becoming one of Italy's most coveted prospects. And, if we are going Italian, we could also go for Andrea Conti as a replacement for Walker should he leave - similarly young (I believe he's also only 23), taller than Walker but still technically gifted, has great attacking stats for a right wing back. Atlanta are apparently willing to let him go for 25-30m euros, so he would again be within our reach, fee-wise. Possible downsides to getting players from Italy in general should be known to us by now (given Lamela's initial struggles), but that doesn't mean we should dismiss the possibility out of hand given the evident talent growing in that country.


There is a significant problem to us signing either, however - which is that these players are attracting interest from Juve and Milan, respectively. Juve apparently want Bernardeschi, and Milan want Conti - the former are an understandable attraction for any player, never mind an Italian one, and the latter have just become fabulously wealthy because of Chinese investors and will likely pay whatever is necessary to get their men.

But, to me, if we lose Walker and correspondingly gain the funds to pursue such players, these are the sorts of transfers that will gradually signify our shift from shopping in the third-tier of talent to shopping in tier two, if we can pull them off - the players below the ones coveted by the very biggest clubs, but still players of enormous potential that are being courted by some of the big boys outside the megaclub-tier. I don't know if it's too early for us to try and compete with Juve and Milan for players - but we could do worse than give it a shot in these two cases, I feel, *if* Walker leaves and *if* they're still hanging around in August when we might see movement either way.

Couple of things
Italians aren't known for doing well abroad
And AC may spend big but have got huge financial problems. The guy who now owns them had to borrow nearly all the money in the end and the Chinese governmemt are all over it

As a right back option, how about the lad who played for Germany tonight from Hoffenheim I think.
 
Back