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appointing man behind Everton deal
Exclusive: Incoming commercial director was part of firm which helped Everton agree lucrative Hill Dickinson naming rights partnership
Matt Law Football News Correspondent

Tottenham Hotspur have missed out on substantial revenue, without a naming rights partner since moving into their new stadium in April 2019 Credit: Shutterstock/Vince Mignott
Tottenham Hotspur’s Lewis family owners have given a clear signal that they plan to end the club’s long wait to find a lucrative naming rights sponsor for their £1bn stadium.
Failure to land a naming rights deal for the Spurs stadium that opened over six years ago was one of the major criticisms of former chairman Daniel Levy, who the Lewis family seized full control from in September.
As part of the sweeping behind-the-scenes changes instigated by the Lewis family, Telegraph Sport can reveal that Alex Scotcher will start as the club’s new commercial director in January, having worked on naming rights deals for Everton and Valencia.
Scotcher is joining Spurs from sports and entertainment consultancy firm Elevate, where he was senior vice-president of global partnerships for over three years. Before that, Scotcher spent almost four years at Serie A club Roma, where he was director of global partnerships and chief commercial officer.
It is Scotcher’s most recent work at Elevate that will be of particular interest to Tottenham fans and is key to the club’s long search for a naming rights partner for the club’s state-of-the-art stadium.

Everton’s sponsorship deal was claimed to be one of the largest stadium naming rights agreements in Europe Credit: Getty Images/Carl Recine
US-based Elevate were appointed by Everton as sponsorship sales agency for the club’s £750m stadium and in May, Hill Dickinson were announced as the naming rights partner in a deal reportedly worth £10m-a-year over the next decade.
In August, it was announced that Valencia had hired Elevate to find a naming rights partner for the Spaniard’s ‘New Mestalla’ stadium. Scotcher was quoted on the club’s website, saying: “Our team will bring global vision, world-class data and strategy to ensure this stadium finds a brand partner that matches its scale and ambition. Following our recent work securing the naming rights to the Hill Dickinson stadium for Everton, we will deploy our global expertise alongside local integration to help find the right brand partner for the future of the New Mestalla.”
Speaking about Everton’s Hill Dickinson deal, Scotcher said: “When we talk about what that venue was and how we took it to market, it was [positioned as] a sports and entertainment destination where Premier League football was on the menu.
“But we’ve also got major touring artists, a 20,000-person capacity fan plaza in one of Europe’s most exciting, vibrant, burgeoning cities.‍
“We talked about it less as a football stadium, and more about a fully programmed 365 sports and entertainment destination. I think that meant that the conversations we had with brands and the stakeholders on the brand side were slightly different from who we’d typically engage with if we were representing a football club or pure footballing assets.”
Tottenham’s failure to land a naming rights deal for the club’s stadium that opened in 2019 has been blamed on Levy setting the price too high. Telegraph Sport reported that Levy had initially wanted a world record naming rights deal worth £25m-a-year for a 15-year commitment that would have earned Spurs £375m.
That proved impossible, even after Tottenham appointed Todd Kline as the club’s first chief commercial officer. Kline had helped the Miami Dolphins land an 18-year naming rights deal for their stadium worth a reported £180m, but resigned three years later to join London rivals Chelsea with Spurs’ stadium naming rights unresolved.

Given Everton’s Hill Dickinson deal is reportedly worth £10m-a-year, Tottenham - who would expect to land a bigger deal - have already missed out on over £60m worth of revenue because of the inability to find a naming rights partner.
Scotcher described the process of identifying Hill Dickinson, an international law firm headquartered in Liverpool, as the perfect stadium partners for Everton by adding: “We felt like the storytelling capability was so good that it was worth some intelligent conversation with the leaders of Hill Dickinson.
“We started that and we systematically worked with their marketing teams, with their leadership, and then that whole process ran all the way through to their partners and their board, providing the business case, the brand growth data and much more.‍
“Not least of all, it’s their community. A large number of people that work at Hill Dickinson live and exist and have their communities within the city of Liverpool and Merseyside. So there was a commitment to the city and the region that was so important to them and has been so important for years prior as well. That’s a really important part of the story too.”
Scotcher will report to Tottenham’s chief revenue officer Ryan Norys and it is understood that the Lewis family are keen to significantly grow the club’s commercial deals, despite prioritising sustained sporting success on the pitch
 
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From Bloomberg

Tottenham Family Owners Order Accounting Review After Levy Exit​


The majority owner of Tottenham Hotspur is conducting an accounting review into former Chairman Daniel Levy’s long tenure as part-owner and custodian, according to people familiar with the matter.

The review by the Lewis Family Trust is understood to cover all commercial aspects of the Premier League football club’s operation, including how sponsorship agreements were structured, one person said. They spoke on condition of anonymity to discuss private information.

The decision signals a further deterioration in the relationship between Levy and the ownership group. Levy was instrumental in engineering Tottenham’s financial turnaroundduring his almost 25 years at the top of the club before being controversially removed by the Lewis Family Trust in September.

Levy turned Spurs into one of the most valuable clubs in Europe. However, the club had consistently failed to win major trophies and Levy turned down numerous investment and takeover offers. That led to a fallout with the ownership group, according to people familiar with the matter.

While there is no indication of any wrongdoing, the review is looking into whether player and commercial contracts and payments were fairly valued, one of the people said. It’s being led by the executive management supported by legal counsel from Dickson Minto, according to another person. It follows a review earlier this year from US management consultancy firm Gibb River, before Levy’s exit.

Representatives for the Lewis Family, Dickson Minto, Levy and Tottenham Hotspur all declined to comment.

Asserting Control​

Such reviews might be normal practice after a change of ownership. But in the case of Tottenham, it was the existing owner asserting control — the Lewis Family Trust via its holding group ENIC Sports Inc.

Up until Levy’s exit, the Lewis family remained largely on the periphery. Levy was the Premier League’s longest-serving chairman and one of its most successful owners. Under his stewardship, Spurs built a state-of-the art stadium in London and became one of the sport’s coveted assets.

However, Levy consistently stymied any attempt to sell Tottenham, during a time when sports valuations were booming. Bloomberg previously reported that investors including US billionaires and private equity funds all began discussions to buy a stake in the club, with the end goal being full control.

But talks consistently broke down over Levy’s high valuation and because he wanted to remain either as a significant investor or in charge of sporting decisions via a lucrative contract, Bloomberg previously reported.

Poor Performance​

Spurs struggled last season. The club finished 17th in the Premier League, narrowly escaping relegation and prompting calls for Levy to step down. Victory in the Europa League — a first trophy in 17 years — did little to change the overall mood. Tottenham play Slavia Praha in the Champions League on Tuesday evening
 
because he wanted to remain either as a significant investor or in charge of sporting decisions via a lucrative contract

LOLZ - hilarious. Whilst this man clearly made some good financial decisions, he was such an albatross. Complete drainer, megalomaniac
 
From Bloomberg

Tottenham Family Owners Order Accounting Review After Levy Exit​


The majority owner of Tottenham Hotspur is conducting an accounting review into former Chairman Daniel Levy’s long tenure as part-owner and custodian, according to people familiar with the matter.

The review by the Lewis Family Trust is understood to cover all commercial aspects of the Premier League football club’s operation, including how sponsorship agreements were structured, one person said. They spoke on condition of anonymity to discuss private information.

The decision signals a further deterioration in the relationship between Levy and the ownership group. Levy was instrumental in engineering Tottenham’s financial turnaroundduring his almost 25 years at the top of the club before being controversially removed by the Lewis Family Trust in September.

Levy turned Spurs into one of the most valuable clubs in Europe. However, the club had consistently failed to win major trophies and Levy turned down numerous investment and takeover offers. That led to a fallout with the ownership group, according to people familiar with the matter.

While there is no indication of any wrongdoing, the review is looking into whether player and commercial contracts and payments were fairly valued, one of the people said. It’s being led by the executive management supported by legal counsel from Dickson Minto, according to another person. It follows a review earlier this year from US management consultancy firm Gibb River, before Levy’s exit.

Representatives for the Lewis Family, Dickson Minto, Levy and Tottenham Hotspur all declined to comment.

Asserting Control​

Such reviews might be normal practice after a change of ownership. But in the case of Tottenham, it was the existing owner asserting control — the Lewis Family Trust via its holding group ENIC Sports Inc.

Up until Levy’s exit, the Lewis family remained largely on the periphery. Levy was the Premier League’s longest-serving chairman and one of its most successful owners. Under his stewardship, Spurs built a state-of-the art stadium in London and became one of the sport’s coveted assets.

However, Levy consistently stymied any attempt to sell Tottenham, during a time when sports valuations were booming. Bloomberg previously reported that investors including US billionaires and private equity funds all began discussions to buy a stake in the club, with the end goal being full control.

But talks consistently broke down over Levy’s high valuation and because he wanted to remain either as a significant investor or in charge of sporting decisions via a lucrative contract, Bloomberg previously reported.

Poor Performance​

Spurs struggled last season. The club finished 17th in the Premier League, narrowly escaping relegation and prompting calls for Levy to step down. Victory in the Europa League — a first trophy in 17 years — did little to change the overall mood. Tottenham play Slavia Praha in the Champions League on Tuesday evening

Interesting that it says Levy didn’t allow investors or potential buyers.

I’d say ENIC are looking to sell 🙏🏻
 
The delusionists will tell you different though...


"But talks consistently broke down over Levy’s high valuation and because he wanted to remain either as a significant investor or in charge of sporting decisions via a lucrative contract,"

Sad Doctor Who GIF
 
This was Levy’s life, his dream, his legacy, his everything. He isn’t simply a rational investor or Chairman, it’s his baby so that is probably where the conflict with the Lewis’s ended up.
 
This was Levy’s life, his dream, his legacy, his everything. He isn’t simply a rational investor or Chairman, it’s his baby so that is probably where the conflict with the Lewis’s ended up.

The way I see it is Levy is the 2nd highest shareholder of Tottenham, I think the Lewis family are putting pressure on him to sale his shares so they can sell the club and get full profit, in fact it wouldn't surprise me if they already have an offer which is valued higher than what it is now should they sell 100% of their shares - the kids want nothing to do with the club and want their money.
 
The way I see it is Levy is the 2nd highest shareholder of Tottenham, I think the Lewis family are putting pressure on him to sale his shares so they can sell the club and get full profit, in fact it wouldn't surprise me if they already have an offer which is valued higher than what it is now should they sell 100% of their shares - the kids want nothing to do with the club and want their money.

Is this fact or conspiracy theory?

I'm not sure this is the right thread for your views.


:gallashmm:

Animated GIF
 
It isn't - it's going to be used by the Lewis's as some kind of distraction tactic

For what ? That while an audit is being done they can only spend £17.57 on players ?

They’ve clearly had a huge falling out & the Lewis family are pissed off with levy for whatever reason so I presume self funding an audit will clarify whatever it is , not that we’ll find out
 
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