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Management ENIC
- Thread starter The Fighting Cock
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Imagine thinking you’re doing a good job , even if you take out the footballing side when you’re running the risk of wiping £2b off the whole things value 
WeWork levels of incompetence
WeWork levels of incompetence
I posted this in 2022 in a warning to a post about their lack of ambition...Schalke are still there in the second tier of German football BTW
thefightingcock.co.uk
I remember Schalke were riding high in the bundesliga and qualifying for the champions league regularly in the 2000s and were then lauded for the brand new stadium (with retractable pitch). Now where are they? Nowhere after years of mismanagement.
Manager - Antonio Conte
We couldn't get Conte because we weren't able to match his needs. Showed us up for being a nothing club. Now it's the wrong type of manager because Woolwich and Newcastle are doing well. I may be narky but fcuk me j just want success. We should be closer to that rag tag outfit and for sure...
thefightingcock.co.uk
I remember Schalke were riding high in the bundesliga and qualifying for the champions league regularly in the 2000s and were then lauded for the brand new stadium (with retractable pitch). Now where are they? Nowhere after years of mismanagement.
We will be able to compete when the stadium is finished
We will be able to compete when the extra money from sponsorship deals happen
We will be able to compete when we win a European trophy
We will be able to compete if we stay up.
When ENIC were to invest £150m into the club in 2022 (it ended up being £100m IIRC) anyway the new issue shares then was at a higher value than ordinary shares.
''The most recent (26/05/22) auction for THFC shares set a price of £2.10, albeit at very low volumes, and compares with the implied £4.66 price set by the new issue.''
So this new share issue that apparently occurred in October 2025 of 13.5m shares to raise £100m, could be at a higher value than the majority of shares in the club. Meaning ENIC could have bought 13,5m shares to increase their stake by 0.71% for more than the standard price, just like they did in 2022.
Therefore it could be that the £100m cash injection in October 2025 was all from purchasing these new issue shares and ENIC haven't actually spent their own money in the club, it's just more investment.
I don't know really but I just can't trust these investors to splash their own cash, when they can simply issue shares and value them as they want because the club has increased in value, as long as they get approval from the board and shareholders, with the proceeds going into the club?
I suppose it would mean the minority shareholders lose a little of their stake but they see the club having additional funds for the squad in addition as the club increases in value, so does the value of the minority investor's stake, even though it's at a lower % than their original investment.
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He's a 1 in 3 when he's in a shit team TBF. In a decent team he should be better
We saw what it looked like when Son was in the team, and we know he's capable of more than he looked in his last season. I think a lot of people thought it was decline, but it was just what it looks like when you're in a team playing scruffy football tbh
Imagine the mess we’d be in if we hadn’t tried to sign Semenyo
Imagine the mess we’d be in if we hadn’t tried to sign Semenyo
Doesn't bear thinking about
The colossally shit side that your man Levy gave us.
The WeWork across the road from me is always heaving haImagine thinking you’re doing a good job , even if you take out the footballing side when you’re running the risk of wiping £2b off the whole things value
WeWork levels of incompetence
I think at its height it was worth almost $50 billion and went to a worth of 10’s of millions of dollars , a hell of a drop due to mismanagement
I think they went bankrupt and restructured
Jaysus. I didn't really know anything about them until I moved over here to be fair. That's mismanagement ENIC aspire to.I think at its height it was worth almost $50 billion and went to a worth of 10’s of millions of dollars , a hell of a drop due to mismanagement
I think they went bankrupt and restructured
But...this is about to stop. They think we are just anchor tenants and that Beyonce will save them. But if every other week the place is near empty for games against Birmingham and Bolton they will feel it.
They really haven’t run it well as a business , they’ve run it as parasites. All debt of infrastructure is on THFC , not ENIC , not Tavistock .
If we were to get relegated, this season or any other The Championship has rulings like
Profitability and Sustainability which allows no more than a £15m loss per season , can you imagine Vini going to the meeting he would have to attend to the EFL & explaining how he’s going to do that with our players wages , loss of sponsors , TV rights etc ?
They have fucked us r over hugely
The number of last chances and excuses some put up for them is wild. Calling them "new owners", insisting they've "changed".
I was fairly supportive of them until around 2019, so I'm not some dyed in the wool ENIC hater. But it's clear that on-field success will never be a priority, there's no drive to be the best at the one thing we're all here for.
January was a disgrace.
Of course they will, but do you honestly think it will happen.
Football is mostly emotion over common sense and reality. How many will say "oh I'm not renewing my season ticket" only to renew with the standard buzzwords and phrases "journey...... Rebirth...... True supporters stick with the team
We have a management running a profitable business, not a football club, our supporters are mostly giddy happy clapping sheep, not demanding objective fans and our first team squad are a disgrace. All need to change
Season tickets would drop and rightly so. I suspect the crowds would bounce back to capacity pretty quickly if we start well but why would you pay them upfront? No need. There were tickets available at the weekend for Sunday
There’s a club of owners in the PL that have influence imo. And ENIC aren’t in the club