Does anyone know the likely scenario if/when Joe Lewis moves on.. He's in his 80s and has no direct role within spurs day to day. I've read his daughter is the heir to the throne but nothing really is clear.
Levy owns the club aswell, so how does it work when Joe Lewis is gone?
We aren't going to get a rich new buyer as they won't spend billions on us. We are there for an investment fund to take us over and capitalise on where ENIC have got us commercially. We have a rich owner, he just sees this as an investment rather than a hobby he wants to throw money at and win things to boost his ego the same way the PSG, City owners do. We also have to consider the amount of money laundering that goes through these football clubs it doesn't matter about the clubs balance sheets as such, just how it affects the owners personal wealth overall.
Joe Lewis' personal wealth has increased dramatically with spurs, but its just a string on his bow rather than his golden asset.
So when he goes, what happens next? I know technically the shares don't change and remain with the company but the person running the company, do we have any insight into who is next?
In my head I imagine already someone within Tavistock (correct me if I'm wrong) will look at spurs as one of the many on the portfolio, they only care for what money its generating. ENIC who make the spurs decisions and is where Levy comes in, will have power but still ultimately at the mercy of the majority shareholders Tavistock (Joe Lewis as now and whoever takes over).
People have said we're setup to be bought but I just cannot work out who will take on spurs and be any different to our current model.
A whole country is now backing Newcastle, they could've bought us if they wanted but saw Newcastle a better investment. So where do we go from here as a club if were now worth too much for even the richest groups to buy?