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Management ENIC

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ENIC In or ENIC Out


  • Total voters
    209
I won't be surprised if their big picture is to restructure or reorganize the business model. Football operation (to them) need to be dropped because it will always represent huge expense in order to sustain profit, let alone the PR battle with very demanding rowdy and erratic clients (i.e., the fans). The stadium was built as a multi-purpose facility and can be transformed easily to suit the purpose,

Just like big corporates killing part of their operations or production lines to restructure and transform. Don't be surprised that ENIC's vision is to kill the football operation and focus on staging big events and promoting the area as a tourism destination in London. It begins with relegation.

I never realized the quote "There used to be a football club here". Looks like the day will come when this is actually a reality.
You don't really believe this do you?

First, the area is not a tourist destination of any note, and never will be. It's a stadium in a remote, hard to get to, and down--at-heel part of London. The latest stadiums are actually already starting to make it look a few years old.

There isn't huge revenue in hosting 30 odd events a year. You'd never build a stadium just to do that. There's a reason every large events venue in London was built for a different / additional purposes (see Dome/O2, Wembley etc etc).

The vast bulk of ENIC's revenue and their value accretion comes from THFC. It will always be that way as long as the club doesn't fade away. It is very much in their interests to have us either as (a) a cash cow team knocking on the door of CL ... the Levy model (b) a title / CL winning team ... as either of those models can maximise valuation, and potentially profit with (a). The tricky part is achieving it. Both are hard to pull off. That's what they should be asking themselves now ... can we actually do this? They'll probably back themselves to get out the Champo and get back to being model (a), but time will tell.
 

I don't believe anything ANYONE says any more....

MOST of us ALL wanted Levy out, so what he says now is irrelevant...

Redknapp is hardly a bastion of truth and honesty either, so WHATEVER he says has to be accompanied with an unhealthy amount of SAXO ...

Joe Lewis is an insider trading crook...
How do we know his kids aren't much better...?

The whole place is rotten to the core, and the press are so obviously out to jump on ANYTHING negative to do with us, what chance do we have?
 
The whole place is rotten to the core, and the press are so obviously out to jump on ANYTHING negative to do with us, what chance do we have?
Considering the size of the club and our fanbase I think we get an exceptionally easy ride from the press.
In fact if it was any of the other Big 6 club in our position the press coverage would be far,far more hostile.
 
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No one is buying the club without the biggest revenue earner. The whole reason it's so appealable is because unlike a Newcastle, who are hamstring in that regard, is because it can generate mass revenue to allow them to spend huge sums. No stadium, no sale.
Correct. It's not that ENIC aren't evil bloodsucking twats enough to make Spurs a tenant in their own stadium, it's that no buyer is going to give them any real money to be ENIC's tenant.
 
Correct. It's not that ENIC aren't evil bloodsucking twats enough to make Spurs a tenant in their own stadium, it's that no buyer is going to give them any real money to be ENIC's tenant.
They would also have to buy the stadium from THFC, as its owned by the club and not ENIC as far as I am aware.

And I do not believe the banks that hold the debt would allow them to transfer the stadium from the relatively stable entity which is a premier league club to a relatively volatile one that is ENIC. Without THFC, ENIC isn't much to write home about - which is why they've struggled to keep pace in this era of the PL.
 
They would also have to buy the stadium from THFC, as its owned by the club and not ENIC as far as I am aware.

And I do not believe the banks that hold the debt would allow them to transfer the stadium from the relatively stable entity which is a premier league club to a relatively volatile one that is ENIC. Without THFC, ENIC isn't much to write home about - which is why they've struggled to keep pace in this era of the PL.
Nah it's a seperate entity, so they could, but they won't, because there won't be a sale.
 
They haven't even paid for the stadium

EXACTLY; we and all the other bods who buy tickets for the NFL games and Beyoncé concerts and spend money to to do the Skywalk will do it for them .

It’s how Buy to Let works , or in this case Build to Let .

It’ll be a ( very ) nice little earner for them TBF .

Edit : It’s just like the PFI schemes that got hospitals and schools built ; they’ve got guaranteed tenants who’ve got absolutely nowhere else to move to . They’re coining it .
 
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