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Management ENIC

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ENIC In or ENIC Out


  • Total voters
    209
Maybe it's a veiled threat.

Do you think Sugar is coming back?

:gallashmm:
He wouldn't be able to afford it. He's "only" worth about £1bn.

Glad he's saying something though. Seems mental owning a football club and not giving a fuck about it. Sometimes I doubt Joe Lewis even knows he owns one.

The board is so unlikeable now, even more so than when Levy was on it. Soulless, corporate cunts who don't give a shit about football. The fact that they're all ugly as fuck doesn't help their cause either. Absolute rotters.
 
Whether that is a) to drive down the cost of the shares to pressure Levy to release them fast
I don't know why thoughts like this pervade. No one would sell shares of Spurs on the brink of, or after, relegation. Its financially nonsensical. It's the 9th richest club in the world, that financial buoyancy means that almost certainly any dip in form and management will eventually pass and the club float back up towards the top of the PL.

You sell stock when you think its near a peak. You only dump low when you think the company is going under. There's no reason to think THFC is going under.
 
Maybe it's a veiled threat.

Do you think Sugar is coming back?

:gallashmm:
with the injury crisis maybe he comes back ,but not as a owner 🤔
images
 
I think it depends how you look at it tbh.

In terms of goals and assists to games Kudus is comparable to Eze, pro rata, and he is younger.

Semenyo is the best of the 3 players and this is reflected in the volume of goals to games he scores with a decent amount of assists.



Jesus wept.

If I had my way, he'd be replaced in the summer. Show pony.
 
They aren’t fools about this. They know the money is in the football. It’s only posters on here that seem to think a business owner would be happy failing at something that provides 95% of their revenue, as long as the other 5% is pinging along nicely. Our football revenue dwarfs the other stuff.

ENIC do actually spend money - have done for their entire tenure. We spend shitloads on transfers. We are still owe other clubs a fair whack of those shitloads. We pay good wages to players, despite this being a smaller percentage of a larger revenue than most others in our league. The actual cash involved is healthily large. Our managers get paid loads, as do their tribes of advisors and assistants.

What they don’t do is spend the money properly. They make too many mistakes.
If they was willing to spend more on the plan A players instead of filling the squad with plan b/c/d players we'd never of got into this situation. You're rarely going to get the equivalent of Modric for £16m Berbatov for £11m Carrick for £4m in this day and age. Regular champions league was supposed to be the thing that attract better players but we wasn't willing to pay what the other top clubs pay.
 
My little-tiny-take now we're half a season in sans-Levy.

Levy's remit was to make the club financially viable in the long-term- the stadium was the last stone in that. He - of course - didn't realise that was his sole purpose - he has the shares and was an ever-present, probably-too-close to the day-to-day running. He seemed genuinely delighted when involved with receiving the Europa - as excited as any one of us would have been in his own way (without the swearing and jumping). Levy was too much of a fan in the end to distance himself appropriately from the running of it and use the club purely to print the money and administer the Lewis family cash-cow.

ENIC 'proper' are more akin to the Glazers or Brady or Ratcliffe - they'd like to win but are fairly happy if they don't, as long as they don't get relegated (and they can still blame Levy / Frank/ Lange/ Vinai if this happens). This is why they haven't really done anything they might have done since Summer to make some changes - whether that's with some emergency loans in January or taking a hit on Frank. Based on the past 20 years of Levy-ENIC, we would all have expected Frank to have gone or some Paratici-wheeling-dealings to bring in unwanted Juve veterans to get everything a bit more solid. None of that has happened.

Whether that is a) to drive down the cost of the shares to pressure Levy to release them fast or b) because they're absolutely incompetent I don't know. I do know that - since even the days of Sugar - I have not seen the club so badly run as it is right this minute, with clear dislike for the board and even the club (apart from Conte and Mourinho, no ex-players or coaches have ever moaned about Levy, in fact, quite the reverse) from outspoken players and a departing Paratici. Obviously, people have agendas, but these are outbursts that haven't happened until the past few years when Levy's planned obsolescence was coming into play. I don't think Levy fully realised his days were numbered, but he must have had an idea - maybe why we chased the trophy, not the league? Maybe why he spent so much of ENICs money in the summer?

This is not a defence of Levy, but a criticism of ENIC v.2 who are cowardly hiding behind the only scapegoats they have left -
1) The 'ghost' of Levy; 2) Frank; 3) sub-standard players (and the 'good fortune' of a second successive season of injuries); 4) Lange; 5) Vinai. Assuming we survive this season in this league (not quite a guarantee), I would expect to see Vinai become Levy mk.2 and the target of ire from the fans. The issue, though, is ENIC and their reluctance to back the club - those decision aren't made on a personal level as they were back at the start of ENICs tenure, but at a board level. Think back and see how different we were ten seasons ago - clearly building and improving- yes, we didn't recruit for Poch until it was too late; yes, we loaned two players for Redknapp; yes, Levy went chasing the next 'big thing' with Ramos over Jol; Mourinho over Poch. But - these were understandable (and misguided) easily understood decisions - and decisions which one person took responsibility for. Now? No 'one' person is to blame. We have Frank as a mouthpiece saying what he must to keep a job; Lange, the same. The reality is that ENIC don't want to speak because to do so shows their real intent or lack of interest.

Where we are now? It makes no sense. One of the wealthiest clubs in the world and down to a bare bones squad.

I have always defended Levy on a human level. This lot. No. The faces we know have no real power - some spreadsheet somewhere is where the real 'meaning' is for ENIC.


I hope we turn it around and generate long-term success, of course I do. If we don't, for the first time since they took over, I want ENIC to sell up and I'll take a chance with whatever the alternative is.
i think sporting success was more important before the stadium build and now not so much.
 
The asset is the billion pound multipurpose sports and entertainments arena.

Beyonce, the Foo Fighters, Oasis, the NFL, the Boxing and WWE won't give a single shit that Spurs are playing Oxford United instead of Manchester United and the derby is now Millwall and not Woolwich.

The football operation will need a massive haircut, so we'll sell the players and replace cheaply. But the other side of the venture will carry on.

Don't get me wrong, the non football operations income is impressive and it should be used properly to propel the football club to new heights. I've got no problem with gokarts and concerts because in theory it gives us a massive edge, but it does seem that it's being misused or perhaps even the premier league football is now the sideshow.
Relegation would hit all parts of our income and would severely hit the value of the club
Last season our Matchday Income was £150,500,00 which included our European run. It would be considerably lower with just domestic football but even less in the Championship
Our Broadcasting Income was 192,400,00 which would be almost wiped out if we were in the Championship
Our Commercial Income was 329,700,00 which includes all shirt advertising, advertising at the ground as well as the concerts. The advertisers would not pay as much if we are not on TV which we will not be as much and that income would drop.

There is no way ENIC would benefit from relegation. Sell our best players and we will stay in the Championship and even less supporters will go. It would be a downward spiral. You think a match against Oxford United will be a sell out?
 
Relegation would hit all parts of our income and would severely hit the value of the club
Last season our Matchday Income was £150,500,00 which included our European run. It would be considerably lower with just domestic football but even less in the Championship
Our Broadcasting Income was 192,400,00 which would be almost wiped out if we were in the Championship
Our Commercial Income was 329,700,00 which includes all shirt advertising, advertising at the ground as well as the concerts. The advertisers would not pay as much if we are not on TV which we will not be as much and that income would drop.

There is no way ENIC would benefit from relegation. Sell our best players and we will stay in the Championship and even less supporters will go. It would be a downward spiral. You think a match against Oxford United will be a sell out?
I'm not saying they would benefit as part of some sort of evil master plan but they have clearly diversified their income streams and a great deal of it is less dependent on the football club.

Of course I dont think a match against Oxford will sell out. I think financially relegation will fuck this club for decades which is exactly why I'm not having all this "relegation will do us good" chat.
 
it's only a couple million difference per place in the standings. 10th and 17th is around 10-12 million pound difference i think. that stings a lot less with all the events money coming in now.
But UEFA money is huge, plus sponsorship deals are more lucrative for better teams.

Spurs are a much less valuable operation in mid-table, that's just the way the system works.

Of course I dont think a match against Oxford will sell out. I think financially relegation will fuck this club for decades which is exactly why I'm not having all this "relegation will do us good" chat.
There just is no remotely comparable precedent to a club at the financial scale of Spurs going down in 2026, it would be flying into completely unknown territory.
 
He wouldn't be able to afford it. He's "only" worth about £1bn.

Glad he's saying something though. Seems mental owning a football club and not giving a fuck about it. Sometimes I doubt Joe Lewis even knows he owns one.

The board is so unlikeable now, even more so than when Levy was on it. Soulless, corporate cunts who don't give a shit about football. The fact that they're all ugly as fuck doesn't help their cause either. Absolute rotters.
We need that Staveley woman. Bit of glamour and she knows how to squeeze a few quid out of a bunch of Sheikhs.
 
Sugar just wants people to think about him again.
Yup.

He should put his money where his mouth is. Friggin do something if you love the club that much, get a consortium together, God knows he has the contacts with deep pockets.

Gather the 4 or 5 bil required to buy ENIC out, the cunt should even give the new owners 200-300 mil out of his own pocket for next to fuck all in return, he owes us that much for his inglorious past. And it's chump change for him.

Put someone who knows their shit (so not the Lord) in charge. See how our fortunes improve all of a sudden and he no longer has to rant on Twitter.

But no, all he does is talk to make hi.self feel important. He's a friggin disgrace.
 
But UEFA money is huge, plus sponsorship deals are more lucrative for better teams.

Spurs are a much less valuable operation in mid-table, that's just the way the system works.
if we were closer to uefa spots we may have seen more spending but they don't see a big difference in 10th and 17th. my point is that the outside money from the stadium makes it easier to be less ambitious on the pitch.
 
I'm not saying they would benefit as part of some sort of evil master plan but they have clearly diversified their income streams and a great deal of it is less dependent on the football club.

Of course I dont think a match against Oxford will sell out. I think financially relegation will fuck this club for decades which is exactly why I'm not having all this "relegation will do us good" chat.
I don't think anyone believes it even if they say it. It's just 'cope' in front of a hopeless situation.
 
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