Has the club ever issued a message like this to the ordinary shareholders ? I don't ever remember one, yet when Levy did the Bloomberg interview he said there had been interest in buying the club from several quarters but nothing like this has happened as far as I remember with interested parties being named.
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Management ENIC
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Didn't Barca keep doing that until they'd pre-sold the next 50 years (I may be exaggerating) of TV revenue and maybe even sponsorship money?
First time I've had an email like this.
Yes.
It is potentially the start of a slippery slope, as what happens when it expires, and we need monies for the Summer 2026 window, do we just roll it over, or if we really want to challenge do we sell 2 years worth of TV revenue for example.
However I am also hopeful that it was just a temporary position whilst the ownership situation was up in the air, and if required shareholder investment will replace it upon its maturity.
That's what I thought , so how serious were the offers that Levy mentioned in the Bloomberg interview. The fact that Charrington and the club have taken this route via the takeover panel would seem to indicate that whatever was offered to buy ENIC out was not enough and now looking for an improved offer . PCP it would appear are not going to make an offer at the moment, have to see what Wing Fai Ng do before 5th Oct, be good news for ordinary shareholders if a big offer does come in and they get exactly the same per share as ENIC because what is being offered for Spurs shares on Asset Match is laughable.
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Lewis is not reported as having business interests worth £40-80 billion.
Widely differing views of Lewis real worth from various places.
80 billion certainly not.
Lewis 33rd in the last ST rich list at £5.77 billion , a pauper compared to Jim Ratcliffe
Daniel Levy fallout continues at Tottenham as Lewis family consider yet another high-level change
Tottenham are now prepared to take the next financial step in the fallout of Daniel Levy stepping down as chairman.
WTF is this nonsense?Daniel Levy fallout continues at Tottenham as Lewis family consider yet another high-level change
Tottenham are now prepared to take the next financial step in the fallout of Daniel Levy stepping down as chairman.www.tottenhamhotspurnews.com
I wonder if the vast majority of that is intangible wealth, tied up in shares (in this club, for example).
I wonder just how much cash they have that they could actually invest. I doubt it is much.
I think they are one of the least wealthy PL owners in terms of investment capability
Getting cash is easy if you have billions in assets and you want the cash.
I was surprised when I googled 'Kyrenia Shipillis' and it was a real person, because it sounds like a venereal disease. Seems she's from enfield and has written on a bunch of other team blogs. Claims she's a spurs fan so might prowl these forums, but on one it seems she's already changed her mind:
"Kyrenia is a London-based Editor for the Sports Gazette. Growing up watching Tottenham Hotspur and a devoted Paris Saint-Germain fan"
ENIC do seem to have cash , they put in £150 million three years ago which increased their shareholding in the club so was it actual cash , all too complicated for me.
Spurs confirm £100m of ENIC cash injection drawn as transfer spending steps up
Tottenham have confirmed £100million of the £150m cash injection from owners ENIC has been drawn as the club step up transfer dealings.
www.standard.co.uk
ENIC do seem to have cash , they put in £150 million three years ago which increased their shareholding in the club so was it actual cash , all too complicated for me.
Spurs confirm £100m of ENIC cash injection drawn as transfer spending steps up
Tottenham have confirmed £100million of the £150m cash injection from owners ENIC has been drawn as the club step up transfer dealings.
Well, 'ENIC' did - but it was also said that Levy had put his own money into the club, so it makes it unclear as to where/who the money actually came from
First I've heard of it
Any source to back this up? .
We all know he took plenty out as the highest paid CEO in football.
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I've done the math on this to death on this board. How is anyone left wondering?! 30-40% (depending on the date of reference) of Lewis' net worth is his Tottenham shares. Almost all the rest of it is tied up in real estate, boats, and art.
This is why we've never spent freely under ENIC and never will.
Our ownership group is very undercapitalized compared to peer-clubs.
Putting £150M into a club you bought for £22M and have seen grow to £2-3B in value over 20 years really isn't doing much, is it? That's ±6% of their growth.ENIC do seem to have cash , they put in £150 million three years ago which increased their shareholding in the club so was it actual cash , all too complicated for me.
Spurs confirm £100m of ENIC cash injection drawn as transfer spending steps up
Tottenham have confirmed £100million of the £150m cash injection from owners ENIC has been drawn as the club step up transfer dealings.
Yes but doesn’t mean they can’t sell a hotel or another asset, or secure funding leveraged by real estate
I can’t imagine the expression on Levy’s face, withdrawing 30,000,000 to invest in the club.
