Yes, it seems that you were indeed the last line of defence for Mr Daniel Levy
They binned me to bin Levy, sneaky
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Management ENIC
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They binned me to bin Levy, sneaky
Nobody should take most things I say 100% literally. Life is to short to take a football club. that seriously.Not sure your metaphor works.
Levy invested in infrastructure and training, and finished with a trophy-sized bang rather than a Sunak-sized whimper?
Sorry - no politics.
Now I freely admit I didn’t like Levy but I tried to make most of my anti Levy posts sarcastic/ humorous. I appreciate humour is a subjective thing but I made myself chuckle . Now admittedly the reader / audience are meant to laugh but if i could do that I would be Billy Connolly not Ed Vanderlay
Thanks for that reply, packed full of information.
Im not sure how things will pan out. Perhaps a takeover (partially which i suspect) along with a slightly inflated naming rights deal that is heavily loaded early on to kick start the regime.
It is well documented that we have/had circa 270m headroom on psr. I know that doesn't mean we have that sat in the bank but the space is there to push us upwards reasonably fast. From their the better performance, prize money, consistent cl qualification will lift the ceiling of the club higher to a point where we dont need money pumped in. Unfortunately the last few years the footballing side has slumped and can only be put back in track through investment.
I think currently we are around 130m behind the clutch of clubs upto bayern on the revenue list. Im excluding the top 4 (Madrid, city, psg, united).
If we qualify for cl, increase shirt sponsorship and get a naming rights deal we are in that ballpark.
However good riddance to Levy no humour or sarcasm here
PCP didn't announce their expression of interest to anybody, so they were not making a "play"
Just like the Chinese they will have sensed there might have been an opportunity to buy us, given the turmoil of the removal of a major shareholder from his executive position.
Having that firmly rejected (either because Lewis family firmly indicated they want to give it a go at running things, or because indication price quoted was way out of kilter), and Tottenham announcing that rebuttal, they were just forced to basically just say not interested.
I would assume that really is just a holding position, and they will just monitor the situation and revisit it down the line, and likely see how our season plays out, and just as importantly how our fans react to this new change of leadership, before deciding whether to submit another.
If the situation changes and Vivienne and Charlie fancy cashing in, I don't just see Saudis, the Chinese, but also quite a few American Sports owners (NBA/NFL/MLB) and hedge funds being in the running
Thomas Partey in January and I’m Levy inMore Gooners....
I’d guess their offer included Daniel as Chairman as part of their part investment. He’s gone for a reason that is not football related.
How was Sunday Lunch. did you or Daniel cookThey binned me to bin Levy, sneaky
We dined and spoke about the best times whilst we swapped stories of his time as chairman of Spurs and me as chairman of my TFC fanclub, then we said goodbye and he vanished with a mere whisker of his cape, never to be seen again...
I am happy to acknowledge a great reply even if it slaps me downWe dined and spoke about the best times whilst we swapped stories of his time as chairman of Spurs and me as chairman of my TFC fanclub, then we said goodbye and he vanished with a mere whisker of his cape, never to be seen again...
My post was bait , you didn’t bite , you just smacked it out of the park
Sometimes one has to say well played
You have no idea how much I want to believe that.No, that actually happened
Not from a Levy bot silly perspective, it just sounds great. I might have knocked him out chucking a bread roll at him if I was there though
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To me it feels like the first steps in a dance. Possibly that Levy leaving left their offer a bit shaken (assuming that he was involved in talks).
But all this does is block them from making a proper bid for six months if they don't come in with one before the deadline that ENIC set. If I understand things correctly. Saying that you don't intend to bid doesn't block you from bidding forever.
A bit more info for you as per last published accounts at 30 June 2024 Spurs had
1 Transfer fee debts due to be paid within 12 months of £145m
2 Transfer fee debt due to be paid within more than 12 months of circa £190m
Since then we have had the 2024/5 season where cash generated from our EL cup covered up les cash generated by our 18th place in PL but jointly will have not done too much more than pay off the £145m transfer debt due to be paid by June 25
And we have also since bought Danso, Simons, Kudus and Tel plus loaned in Palhino to add to the £190m transfer debt .....
So whilst I hope we have a good CL campaign and a good PL campaign which should increase cash generation, we will struggle to do more than pay down remaining transfer debt and won't be generating the funds we need to have for a bumper summer transfer window 2026 or better than an austerity window 2026. To coin a phrase (no puns intended) cash will be tight.
So the only way we can make use of the FFP headroom we have is a large cash investment from outside to augment increases in sponsorship income - and that can only come from either Lewis family reversing the parsimonious ways with investment or sale to someone with money to invest on top of buying all or part of Spurs. At least £100m this year and maybe £300m over next 2 or 3 years in total would be my guess for the football side and extra if Lewis wants to spend more on property development.
The interest was lodged after Thursday, so known that he was gone.
I heard it was pre Daniel they offered, might be Ali Gold’s claim
Staverley does not have that much money herself, she has to go round the people who do have hundreds of millions (minimum) and preferably a billion or so to raise the money.
Raising ,money is not a fast business, so I'd guess she's assessed that she will not get anywhere close to having terms on a few billion agreed within a month so has 'folded ' early. Unless she has decided its easier to buy out enic (Bahamas company) and try to avoid UK take over code and its rules over dates ?
They have to say they made an enquiry.
Have you ever asked the price of something, got told the price, put it back and thought "Not today"?
Same process. They have to publicly come forward with any interest.
Tottenham Hotspur Raises £90 Million in Media Rights Deal
The Premier League’s Tottenham Hotspur has raised about £90 million ($122 million) through a receivables financing deal with Macquarie Group Ltd., at a time when the club is restructuring its management in its latest attempt for silverware.
www.bloomberg.com
So that's circa £200 in cash injected into the club essentially? That's quite a bit of cash to have at hand.Tottenham Hotspur Raises £90 Million in Media Rights Deal
The Premier League’s Tottenham Hotspur has raised about £90 million ($122 million) through a receivables financing deal with Macquarie Group Ltd., at a time when the club is restructuring its management in its latest attempt for silverware.