• The Fighting Cock is a forum for fans of Tottenham Hotspur Football Club. Here you can discuss Spurs latest matches, our squad, tactics and any transfer news surrounding the club. Registration gives you access to all our forums (including 'Off Topic' discussion) and removes most of the adverts (you can remove them all via an account upgrade). You're here now, you might as well...

    Get involved!

Management ENIC

Latest Spurs videos from Sky Sports

ENIC In or ENIC Out

  • Total voters
    208
If the BBC are right it was the next generation of the Lewis family that now have a big say in the ownership of the club. I cannot see if that is the case and the report is they want more success that they are selling up. This transfer window we have spent more money but it remains to be seen whether more money has been put in.
It is the new CEO that will run the club with Lange etc running the football side. It remains to be seen whether they will be more successful. As to the owners intentions on investment with the window closed it might be some time before that is clear.
It was Levy’s time to go but he has left us in a strong financial position. Success on the pitch is ultimately down to the Managers and players. Just look at MU who despite being rich and spending money have failed to find the success of the Ferguson era.
 
WPHIII said:
What the fuck are you talking about? I wouldn't see winning the EPL as success? What kind of nonsense is that?

I already stated my position on the Super League, which is that it would be an utter blight on the sport and I'm profoundly relieved it never took root. But if your ultimate criticism of Levy was that he did not show enough ambition for the on-field success of the football club, you cannot hold the Super League dalliance against him. If that had actually happened and Spurs were not included, we would have been rendered a football backwater. No top players would want to come here, we would be left competing for some hopped-up version of the EFL Trophy with Wolves and Forest and Everton. You can't claim you'd be happy with that while expressing unhappiness with what Spurs have achieved (or not achieved) under Levy.
Click to expand...
Click to shrink...
I’d be happy with winning the premier league whilst the fashionable teams have gone off to a super League. You keep saying I wouldn’t be but I would. I wouldn’t value or rate the super league & would take no notice of it. It’s just opinions as some wouldn’t value or rate the EPL anymore.
Anyway, we both agree levy would have led us in to a blight on the sport if he had his way. So we are agreed on levy leading us in to a blight on the sport!
 
McCOYS said:
Keeping the wage bill down by signing particularly young players is to help their business model to work.
Click to expand...
Click to shrink...
I believe the ENIC business model is to increase the value of THFAC as an asset with a view in the long term to eventual sale. Profitability would not be an aim as such -- dividends aren't paid.

Hopefully I'll be corrected if this is wrong, but Increasing the value of THFAC will occur if we can enter the virtuous circle in which on-field success leads to increases in prize money, match day income, commercial revenues and media rights money. The increase in revenue enables higher wages and better recruitment and squad strength, which, in turn, leads to greater success on the pitch. The virtuous circle. If wages are pegged too low, then that breaks or slows that circle of progress.

If anything, this is where Levy conservatism in wages could conflict with the ENIC model

The purpose of buying young players is to develop them into much better players. Like academy products, they may start on a lower wage but, if successful, they will graduate to a higher wage. You want your players to be as successful as possible so that they climb up the wages ladder. If the academy output and recruitment is good, if the player trading is calibrated correctly, and if luck is going in the right direction, then the players surplus to squad requirements can be sold at a profit -- which is recycled.
 
LeParisien said:
Didnt people say they want ENIC out ?

Still a reason for Tottenham Massive Tottenham Massive to post
Click to expand...
Click to shrink...
mrw GIF
 
PatagoniaPhil said:
Its obvious they use Spurs cash to generate money to build their hotels etc...

Thats where our player wages are going.
Click to expand...
Click to shrink...
I'm not sure about this.

Stadium non-football events and property development (which is not a great money maker so far) go into the accounts of the club and therefore contribute to player wages.

Perhaps the more knowledgeable will enlighten us, but the southern development of the NDP -- hotel, apartments, houses -- may be sold to a developer or, perhaps, the club will undertake the development itself. Either way, the profits go into the club and in principle enhance capacity to pay player wages.

EDIT, when I was a student treasurer many moons ago, we differentiated between recurrent and capital expenditure. The hotel, apartments, etc., have attracted a small capital expenditure so far, and the recurrent costs of financing this will not have affected player wages to any significant degree. People more knowledgeable will tell us whether the hotel/apartment project will be sold to a developer, or whether it will be developed by the property arm of the club. I strongly suspect the former rather than the latter, which will be attended by less risk, and should yield a nice lump sum on the 'capital' side. That could be used to reduce debt and costs of financing it, etc., thus slightly augment spending power.
 
Last edited:
scott said:
I’d be happy with winning the premier league whilst the fashionable teams have gone off to a super League. You keep saying I wouldn’t be but I would. I wouldn’t value or rate the super league & would take no notice of it. It’s just opinions as some wouldn’t value or rate the EPL anymore.
Anyway, we both agree levy would have led us in to a blight on the sport if he had his way. So we are agreed on levy leading us in to a blight on the sport!
Click to expand...
Click to shrink...

Fair enough; as someone who has never felt a win-at-all-costs mentality is the most important thing when supporting a football club, I am actually much closer to your feelings on the matter than perhaps you suspect! But it does still need to be said that being content with winning a drastically watered-down Premier League while the very best clubs in the world who employ the very best players go off and do their own thing is the very opposite of "ambition" in the way that word has frequently been used as a cudgel against Levy.
 
Papafeels said:
You know the BBC have to verify what the write, right? Not exactly a ITK. But given that you so clearly know what's going on, are you an ITK?
Click to expand...
Click to shrink...
So the BBC have never, ever got anything wrong??

Look, Levy is gone. I don't care if he jumped or was pushed. It's happens and we now move on.

But fans have been calling for him to leave for at least 10 years and that's being generous. To try and say that those calls have had an impact all of a sudden now is bollocks.

I don't even think the 'LevyOut' calls are currently the worst they've ever been.
 
You must log in or register to reply here.
Back
Top