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Management ENIC

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ENIC In or ENIC Out

  • Total voters
    208
FightingIllini said:
Nah, you're misreading it. "Tottenham Hotspur Stadium" does not have independent brand value to Tottenham Hotspur Football Club.
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They're interlinked mate. I think you're mistaken if you think otherwise.

FightingIllini said:
It's a generic nothing name on purpose, to prevent any naming associating accruing to the new stadium so the full value remains to be sold (the second corporate name is worth less than the first because people still colloquially use the old name, etc etc)
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Generic nothing name? You're not serious?
 
Zest said:
Shit’s getting real.

Would love a blue chip sponsor to be behind this, but it looks like we’re gonna be an oil stained club, conflicted.
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Video Ted GIF
 
If this is Aramco, can it go through? Majority owners are the House of Saud, but PIF are a minority owner. And the House of Saud own PIF, so they own Newcastle. A slight conflict?
 
FightingIllini said:
The reason it was given an awkward, obviously placeholder name that no one uses colloquially was to preserve the value of naming rights.

If people had gotten into the habit of calling it "White Hart Lane" or something else catchy, that would have been used even when a corporate sponsorship was signed, and what the corporate sponsor is paying for is the habitual usage of their brand in association with the venue.

The lack of a stadium sponsor for all these years has been a real sore thumb to the project, fair play to Levy if he's leveraged that into a broader investment deal for the club, that would be taking lemons and making lemonade.
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It’s strange, as people rightly feel us winning Europa has led to this mystery influx (profile increase and CL), but I get the feeling the Beyoncé series is more important and the event capacity increase (now at more than our standard prem home games allowed per season).

Bet Beyoncé has 5 or 10x the reach of Spurs online. If not her alone, collectively with the other bands certainly. That together with Europa win is hopefully truly transformative.
 
AberdeenYid said:
If this is Aramco, can it go through? Majority owners are the House of Saud, but PIF are a minority owner. And the House of Saud own PIF, so they own Newcastle. A slight conflict?
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Well like, if we're talking about JUST naming rights sponsorship, it's like us and Chelsea both having Nike kits, there's no conflict there at all.

If it's a sale of a controlling interest in the club, surely it will never pass muster that PIF and Aramco are "independent" entities, that's a complete nonsense and the Premier League would never stand for it. Nor should they, and frankly nor should we.

So where's the tension point between those two extremes? Well, ENIC owns 86% of Spurs, and 30% ownership is the line where the UEFA regulations Palace have fallen afoul of kick in.

Could you structure a deal in which an above-market sponsorship deal for stadium and kits is interrelated with a transaction for equity in the club in some dodgy way to skirt both sets of regulations? Theoretically I don't see why not.

As we've seen with Chelsea, a deep-pocketed ownership group determined to pump money into a club and with an army of lawyers and accountants to monkey with the structure of transactions are going to be a step ahead of the rulemakers every time.

I never thought a megarich entity would be interested in leaving ENIC with 50+1 control, but life is full of mysteries.
 
AberdeenYid said:
If this is Aramco, can it go through? Majority owners are the House of Saud, but PIF are a minority owner. And the House of Saud own PIF, so they own Newcastle. A slight conflict?
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Damn this S*** could get messy. I just don't like the idea of the Saudis or anyone for that matter having a hand in more than 1 club. I always suspected the Qataris would make the move.

I do like the sound of 'the aramco' though, it could be worse.

I wonder if this is some multi pronged deal whereby aramco seal the naming rights for big bucks and an investment fund (different to pif) then buy into the club. Essentially it would be Saudi money through different avenues to ensure we have mega room FFP wise.

One things for sure, it will happen sometime in the future and when it does it will be mega. The way the clubs infrastructure has been build and the income it makes will see us jump right to the very top of world football or perhaps just behind Madrid. Levy and co have built a beast that's certain.
 
I'm having trouble finding the answer on Google, does anyone know if the Premier League allows for an entity to have shares in multiple clubs AT ALL?

UEFA has a limit at 30%, the EFL has a limit at 10%, what's the story with the PL?

EDIT: Looks like 10% for the PL too. And it's 5% that would trigger the "related party transaction" rules around sponsorship deals.
 
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Well with all the Lewis stuff a while back, Peter Charrington coming in, vinae, board members sent packing and our recent spending it definitely points to something having happened.
Just feels different to the usual flair up we get every so often.

Somethings cooking I feel

:levysad:
 
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