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Daniel Levy

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Well we’ll see won’t we!

He might have been well remunerated, but neither him or ENIC have taken substantial dividends out of the club like the Glazers when they quite easily could have.

Their investment has grown but so has the club.

‘It’s a disgrace how badly he has run us’ 😂 Do me a favour! 😂 What a ridiculous statement! A lot of people conveniently ignore the dreadful state the club was in, both financially and on the pitch, when he took over the reigns.
We shall see…..
I think we have under achieved. Where as others think we should be grateful for what we have achieved. It’s a waiting game now
 
Why are you so fixated on Joe? He is no longer in control. It has been stated that his children Viv & Charlie are behind the changes. Viv was at the Burnley match. If Joe was still in control then so might Levy.
Because we were discussing our ownership under ENIC. & Joe was a huge factor for most of this period. He is a morally bankrupt nasty billionaire. To pretend we had good moral owners is wrong.
 
I think you should read up on what the club has done for the local community directly and through the Foundation.
Hoard billions & give a bit of it away to charity/community doesn’t wash with me. Lewis has billions! He could do so much more for the local community rather than stacking up billions he doesn’t need.
It is a classic ploy by the rich to feel better about kids starving to death whilst they hoard crazy amounts of wealth. It’s similar to sportswashing & works on certain people. False philanthropy I think.
Unless you are going to argue the Lewis family deserve & should have billions whilst there is extreme poverty & many starve to death? We aren’t going to win each other over so should probably let it go!
 
The 9th richest club in the world can't generate cash? Are you lost?
And 3rd highest in the list of clubs with debt..

In the 2023/24 financial year, cash reserves dropped from £174 million to £79 million, pushing net debt from £677 million to £773 million.

 
So who is this Vivienne Lewis pictured with Levy at the Burnley game , did she also attend the Bournemouth game that caused her to age about 30 years in your photo, think your photo may be Jane Lewis Joe's wife.

No it is the same person. Hair dye (or the lack of it) and the aging process account for the difference.
 
And 3rd highest in the list of clubs with debt..

In the 2023/24 financial year, cash reserves dropped from £174 million to £79 million, pushing net debt from £677 million to £773 million.

And I thought Levy was an astute businessman...
 
What about Paratici, it was said that he was back full time in October. Just been a consultant till his ban ran out.
Looking for investors is something a non-executive chairman typically does. They also take on special projects and evaluate organizational structures with an idea toward making structural changes. I'm surprised that some of the media types didn't see what was coming just by the fact one had been appointed.
 
That's not what happened.

Hence the injection of funds.

He got sacked because of the way he was. Nothing more, nothing less. We might actually be competitive now that we won't miss out on key players over a million or two.

Exactly. It's not beyond the realms of possibility that they thought Levy was doing a great job for the past 20 odd years, however once the stadium was built, the Lewis family expected us to kick on on the pitch.

When that didn't happen, they delved deeper into the why and realised that the problem was Levy.

The biggest point of it all though, is Joe Lewis may well have been delighted with how Levy did things. But Vivienne is her own person, and now she has the influence, she clearly felt that Levy was handicapping us, not helping us, to achieve sporting success.

The question now is, will we push on.

I am sure there will be a couple of big signings next summer. I'd be shocked if there isn't. Surely they will want to sign post this new era with breaking the transfer record.

What will be interesting though, is to see how the salary to turnover ratio changes over time, that will be the biggest indicator if things really have changed.
 
And 3rd highest in the list of clubs with debt..

In the 2023/24 financial year, cash reserves dropped from £174 million to £79 million, pushing net debt from £677 million to £773 million.

Our debt is basically irrelevant. The Interest is tiny and the loan is long term. Unread that it gets paid back after like two home games a year.
 
Exactly. It's not beyond the realms of possibility that they thought Levy was doing a great job for the past 20 odd years, however once the stadium was built, the Lewis family expected us to kick on on the pitch.

When that didn't happen, they delved deeper into the why and realised that the problem was Levy.

The biggest point of it all though, is Joe Lewis may well have been delighted with how Levy did things. But Vivienne is her own person, and now she has the influence, she clearly felt that Levy was handicapping us, not helping us, to achieve sporting success.

The question now is, will we push on.

I am sure there will be a couple of big signings next summer. I'd be shocked if there isn't. Surely they will want to sign post this new era with breaking the transfer record.

What will be interesting though, is to see how the salary to turnover ratio changes over time, that will be the biggest indicator if things really have changed.
Judging from their words, I think money is going to be spent now. As you say, Joe is one person, who seen the club as an investment, and probably thought Levy was marvellous. The kids certainly don't seem to think that way. It would've been very easy to keep him on after the EL too, but they've seen enough.

I still think we'll be sold in the not so distant future, but having them invested in the short term is brilliant for us and the club.

I'm actually excited for a change.
 
I’m have mixed feelings… Levy needed to go and was hampering our on pitch performance. As he famously said when asked why we kept falling short, he does not pick the team or motivate the players. But what the interviewer failed to follow up with was “yes, but you ultimately choose who to buy and how much to pay them”. It is becoming more and more obvious just how much he is to blame for us not selling players, and for players to not want to come to us because of that. He was the king of collecting deadwood, some recent examples being Gil, Reguilon, Solomon and Ndombele.

However, despite his departure, I am sure most spurs fans have a slight feeling of trepidation. The Lewis family may sell. The majority of their business is done in America. Will we get an iteration of the Glazers who suck funds out of the club. I’d rather Levy than a US business owner. On the other side of the coin, we may get Arab state owners. That would leave a lot of people feeling morally uncomfortable. Plus i don’t think many of us want to ‘buy trophies’. The best outcome is that we stay under Lewis / ENIC ownership…. And they finally prioritise the football team on the pitch. Just increasing our wage to revenue ratio from 40% to 55% would make us so much more competitive, with 5 or 6 more £250k a week players whilst still being well run and sustainable. And importantly leaves us fans able to say we deserved it / earned it (unlike Chelsea and Man City).
A pretty well balanced post if you don't mind me saying so...during a period of thinking and driving this fine morn whilst listening to the radio where we are the topical subject matter I found myself considering that very thought i.e. "should we look forward with a level of excitement or trepidation?" I suggest it may be a little bit of both.
 
Nothing really sums up Levy like the fact that he fired the only two managers to win him a trophy within six months of them achieving that.

He had no idea how to build on momentum or use the power of hope or belief to energise the club. Everything was a spreadsheet or bottom line calculation.

We’ll see what the Lewis family nepo babies end up doing. But it’s just good to be able to hope and dream as a fan again. Because in my heart of hearts however well we were playing I knew that Levy would never build on it and let the moment fade away.
 
Nothing really sums up Levy like the fact that he fired the only two managers to win him a trophy within six months of them achieving that.

He had no idea how to build on momentum or use the power of hope or belief to energise the club. Everything was a spreadsheet or bottom line calculation.

We’ll see what the Lewis family nepo babies end up doing. But it’s just good to be able to hope and dream as a fan again. Because in my heart of hearts however well we were playing I knew that Levy would never build on it and let the moment fade away.
He was right to do so on both occasions.

A more appropriate example is him failing to build on the foundations of title-winning sides we had under Redknapp and most notably Poch.

I imagine even Levy would concede that if he had his time again he would approach both situations with less prudence.

Something special was there on both occasions, he held up back.
 
Bump one comment of yours that says that. Because since I've been here you've said absolutely nothing like that.

How long have you been here, mate? Here is 4 - there are more.

I agree. We need a new leadership and a way of investing our money better - more isn't even the issue many point it out to be be.

I want new owners, but I don't feel the need to make things up about our current ones. They have taken us as far as they can and their choices the last 4-5 years have been poor and not in line with the kind of decisions I would expect from people at the helm of a project and club the size of ours.

Support for what man?

I have said repeatedly that it is time for a new chairman. I just don't buy this constant complaining the whole time like we are languishing at the bottom of League 1 fighting for our lives every year - we just won the Europa League, we are in the CL this season - we have been in Europe consistently for nearly 20 years now?

We all want to push on, but we don't have a bad place in the football world, and if you cannot just enjoy being where we are, and seeing where the chips fall, then fine, complain, be angry, be miserable, and go protest. Live however you want to live.

And I would welcome new owners.
 
The noise coming out of the Lewis family camp doesn't sit well with me. It's not that I'm mourning the loss of Levy. I suspect he knew his time was up, which would explain the Venkatesham arrival and the Cullen departure. Whether he jumped or was pushed is for the gossips, but the Times story that he knew only a couple of days before is implausible.

The Lewis family could have allowed a dignified exit, playing along with the story that Levy 'stepped down'. There's a good story to tell, and the promise of a new era can be stated without doing the former chairman down.

But what we've seen is a briefing against Levy, which encourages the interpretation that they didn't have anything to do with what went wrong. They're trying to disconnect Enic from Levy. Now, maybe there might be some truth in the story that the errors made since the stadium construction are down to Levy rather than Enic. But do they really need to say this out loud? It's unpleasant politics.

For me, this is a faulty way of attempting to communicate with club supporters and the media, and doesn't speak well of what may happen in the future. Let's hope they recognise their error.
 
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