Just a really fundamentally unserious interpretation.He’s probably going to turn an investment from ENIC of less than £100m into £3b +.
Incredible piece of business in an industry where football clubs regularly fail.
I don't know what you mean by "fail", but every club that was anywhere near Spurs peer at the absolute nadir of the Sugar era remains a massively valuable and thriving business. They'd all be billion pound assets.
The Premier League was a very good investment for ENIC, as it was for everyone else who has been involved. The collective TV rights make up almost the entirety of the boom in valuation.
But, it is also true that infrastructure and transfer market shrewdness and other investments saw Spurs speed away from the likes of Everton, Villa and West Ham in the first two decades of Levy's leadership. Up towards the financial levels of Woolwich, Liverpool, even United.
Villa are back in Europe under better capitalized ownership than ENIC and are expanding Villa Park. Everton will survive to enter their gleaming new money-spinning stadium as a PL side. West Ham might win a European trophy in 10 days time.
And we've re-detached from the top of the division in revenue terms after scratching and clawing our way to parity over a 20 year period.
The competition doesn't end when you have a momentary advantage. The re-Sugar-ization is upon us.