From KUMB and I would say a fair assessment?
Re: All or nothing Tottenham Hotspur (non WHU)
Post by pezza20 » Mon Aug 31, 2020 4:59 pm
Whatever you say about those c**** they are a well run, excellently marshalled club, it makes us look like Del Boy versus George Soros.
Examine the facts - Levy had no intention of getting the OS, he used the bid as a means to extract the maximum goodwill from the local council where huge swathes of jobs would have been lost from North to East London.
After the 'pretend' bid they got exactly what they wanted and more. ENIC remember are the owners and are indeed an investment grade vehicle so could guarantee the B of E loan to capture extremely low interest rates - marry that to Del Boy Sullivan who was charging 7% now 3.5% on a 'loan' to buy the club, the benefits of the Upton Park ground giveaway (there is a lot of **** bound up in that deal that whilst legal asks huge questions) and you get the idea.
Our owners merely moved to ensure the minimum outlay required to not only return their 'investment' of £110m in 2009 but make a shot load off the back of it with no risk attached.
Let's face it, even if the club went bankrupt now, their losses are zero when you lump in the handsome interest they have earned over the last 11 years coupled with the money they've trousered on past deals with the old stadium.
Whatever they get for the club ion 2023 will be upside. Spurs meanwhile will continue to grow and develop with cash rich owners, with sound business sense and a clear strategy.
We meanwhile are lumbered with the idiotic two stooges and lapdog Brady - who couldn't organize a piss up in a brewery
Re: All or nothing Tottenham Hotspur (non WHU)
Post by pezza20 » Mon Aug 31, 2020 4:59 pm
Whatever you say about those c**** they are a well run, excellently marshalled club, it makes us look like Del Boy versus George Soros.
Examine the facts - Levy had no intention of getting the OS, he used the bid as a means to extract the maximum goodwill from the local council where huge swathes of jobs would have been lost from North to East London.
After the 'pretend' bid they got exactly what they wanted and more. ENIC remember are the owners and are indeed an investment grade vehicle so could guarantee the B of E loan to capture extremely low interest rates - marry that to Del Boy Sullivan who was charging 7% now 3.5% on a 'loan' to buy the club, the benefits of the Upton Park ground giveaway (there is a lot of **** bound up in that deal that whilst legal asks huge questions) and you get the idea.
Our owners merely moved to ensure the minimum outlay required to not only return their 'investment' of £110m in 2009 but make a shot load off the back of it with no risk attached.
Let's face it, even if the club went bankrupt now, their losses are zero when you lump in the handsome interest they have earned over the last 11 years coupled with the money they've trousered on past deals with the old stadium.
Whatever they get for the club ion 2023 will be upside. Spurs meanwhile will continue to grow and develop with cash rich owners, with sound business sense and a clear strategy.
We meanwhile are lumbered with the idiotic two stooges and lapdog Brady - who couldn't organize a piss up in a brewery
