Few things from COYS from Prof and Dragon 1 regarding the takeover talks - taken with a chuckle and lashings of











Dragon on coys
My understanding is currently is joe and liberty are on the same page re deal structure
what they are far apart on is the price for the percent age is the club that they are talking over
but the interest is real , as well as the F1 thing they own live nation the biggest concert operator in the states if sold the stadium will be used way way more , the deal makes sense on many levels
re Daniel blocking / stopping deals I can tell you in one instance a buyer found Daniel to be rude and arrogant , joe phoned the buyer and flew them out to The Bahamas to negotiate , Daniel has zero ability to stop a deal if joe likes it
Prof on COYS (site owner /Admin) PS The Gs are two ITKs he is referring to
I can’t tell whether the lack of interest from Spurs fans in the Liberty Media negotiations is because they don’t believe it’s a real possibility or because they don’t care.
Two of the Gs believe it’s got legs - far from a done deal, but (as dragon1 said) the outlines of how it would happen are in place. They believe it’s all about whether Liberty are willing to close the valuation gap for the 50%+ of the business that Liberty want.
and D1 in response (opinion, mixed with info)
The lack of interest is because our fan base want a Roman or mansour to ride in on a white horse and liberty are really another Enic but with two differences
1 - they will spend there own money on players , whilst Enic have spent with the exception of making the 150 million line of credit available recently which has barely been used Enic have only ever spent generated revenue on player investment ,liberty will be way more aggressive in the market place
2 - liberty will raise large amounts of debt for the buy out like the glazers did for United , Enic bought us for 40 million and apart from the stadium loan for the majority of their tenure we have been run debt free
what stuns me is that our fan base do not realize that Enic have accumulated enough land to build the largest housing redevelopment since the dock lands , we are 15 mins from islington and under 30 mins to the city , the 3 billion they are asking for the football club is chump change compared to the real estate potential worth