Yes but he's OUR despicable creature!
He's got the SHITEUS touch!
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Management ENIC
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We don't care about your list sonI'm still Levy/ENIC in, and this episode of TFC podcast only confirms it.
The Fighting Cock - S2E33 | The Price Of Tottenham ft Kieran Maguire | The Lab
https://pscrb.fm/rss/p/traffic.megaphone.fm/COMG6467642652.mp3?updated=1743531078 Kieran Maguire is the go-to voice when it comes to football finance — whether it’s untangling FFP, breaking down club accounts, or explaining how teams like Chelsea can keep spending without (apparently) breaking...thefightingcock.co.uk
HOWEVER...
I'm Munn OUT, Ange OUT, Mason (and the rest of the "coaching" staff OUT.
I'm on-the-fence about Lange, ambivalent about Paratici (and the rumors of him off to AC Milan), and suggest that Levy needs to catch a bus to the Cotswolds, take a heroic dose of Ayahuasca, sit with himself, and hire a competent crew to run our football club.
I would never defend the little shit but have always gone back at posters saying he takes money out of the club but on reflection he sort of does by paying himself inflated salary and bonuses because he can.
KM is the go to guy but in an interview in which he was talking about finance he just confirmed what Levy is doing but did admit that Levy's way is unlikely to yield honours.
KM is the go to guy but in an interview in which he was talking about finance he just confirmed what Levy is doing but did admit that Levy's way is unlikely to yield honours.
I'm still Levy/ENIC in, and this episode of TFC podcast only confirms it.
The Fighting Cock - S2E33 | The Price Of Tottenham ft Kieran Maguire | The Lab
https://pscrb.fm/rss/p/traffic.megaphone.fm/COMG6467642652.mp3?updated=1743531078 Kieran Maguire is the go-to voice when it comes to football finance — whether it’s untangling FFP, breaking down club accounts, or explaining how teams like Chelsea can keep spending without (apparently) breaking...
HOWEVER...
I'm Munn OUT, Ange OUT, Mason (and the rest of the "coaching" staff OUT.
EVERYBODY OUT!!!!!!
Except for the man who appointed them all.
Lol
As a business owner, you don't take money out that you don't need, as it keeps an inflated balance sheet so that when you sell the club on a multiple i.e. 3-5 times it's current net worth, because of the buyer paying something for the future revenue generation that you already created, then instead of paying tax on the dividends that you take out, you keep it in and gain 3-5 times the amount of that cash (that you kept in) from the sale. Levy keeps on about 'not taking money out' but it's because it's worth his while not to, for when the club is sold. It's that simple and it's him using smoke and mirrors when saying it.
I keep seeing Ange is Levy's shield from all the ire and criticism. No, the longer Levy keeps Ange, the earlier he will go down with him. I wouldn't expect Levy doesn't know. The noise is too loud to be ignored. He must have something planned after the season is over with some major announcements I reckoned.
Based on his recent waffle, no change to strategy - the doom cycle continues
Same CEO, no changes to execs, no external investment and same player recruitment eg mirroring Brentford and BHA for young, value based kids
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Yeah this is much more likely. Over two decades of experience with them points to exactly this. Fine to hope it won’t be that though, but I can’t see it. Investment or sale wasn’t mentioned once by him in his statement this year (because they’ve decided to raise funds for the hotel externally from the club presumably because they decided they didn’t want to give away any equity just like they haven’t since they’ve owned the club).
Munn pushed for and appointed his countryman Ange, he’s not unaccountable here and IMO is very quiet. For someone running the overall football operations based on this season alone I have no confidence, same with Lange and his recruitment. We need experience and leaders.
To the point I'm wondering does he even exist.
When we talk about investment what are people expecting?
1 ENIc sell up and walk away but the cost of the purchase would be high and would the new owner have any money left for the club to use.
2 ENIC sell some of their shares to an investor but maintain control and Levy stays. As payment for the shares goes to ENIC no benefit to the club.
3 ENIC issue new shares to an investor with the proceeds going to the club and thus being available for player purchases and transfers. However I would expect ENIC and Levy to still have control. One off benefit but underlying problems would remain.
I have only heard Levy saying he is trying to attract investment and thus the first option which most want is not on the table. I have not seen any indication as to whether it is option 2 or 3 that Levy wants. Levy does not control ENIC and we really have no idea what they want.
1 ENIc sell up and walk away but the cost of the purchase would be high and would the new owner have any money left for the club to use.
2 ENIC sell some of their shares to an investor but maintain control and Levy stays. As payment for the shares goes to ENIC no benefit to the club.
3 ENIC issue new shares to an investor with the proceeds going to the club and thus being available for player purchases and transfers. However I would expect ENIC and Levy to still have control. One off benefit but underlying problems would remain.
I have only heard Levy saying he is trying to attract investment and thus the first option which most want is not on the table. I have not seen any indication as to whether it is option 2 or 3 that Levy wants. Levy does not control ENIC and we really have no idea what they want.
Anyway, all this talk of does he or doesn't he take money out is irrelevant..
Under his stewardship and ENIC's ownership we've become the perennial whipping boys of our to traditional rivals, we no longer compete, haven't even made an FA cup final despite being record winners when he turned up and have become the go to joke of English Football.
The best supported losers in Europe
As a football fan I judge the owners on what we achieve on the pitch. If we were regularly winning silverware the cunt could take as much dough out of the club as he liked.
Very rich OFF the pitch, Very poor ON it
Levy OUT!
Under his stewardship and ENIC's ownership we've become the perennial whipping boys of our to traditional rivals, we no longer compete, haven't even made an FA cup final despite being record winners when he turned up and have become the go to joke of English Football.
The best supported losers in Europe
As a football fan I judge the owners on what we achieve on the pitch. If we were regularly winning silverware the cunt could take as much dough out of the club as he liked.
Very rich OFF the pitch, Very poor ON it
Levy OUT!
Well said
Couldn't have put it better myself. Explains the situation clearly and with clarity, mate.
1) like you say it probably won’t happen but there’s are plenty of potential investors who have more than enough money to buy and then invest
2) He’s pretty much said that he’s looking for investment for infrastructure, like the hotel , nothing would change
3) you ‘d hope that this scenario meant he had nothing to do with the footballing side but he can’t be trusted
Hopefully the protests grown & it makes it unpleasant for him to continue. He may just sell the football side but you know as there are so many companies now connected to Spurs that he’d end up fleecing the new club owners
I don’t know what the answer is but the status quo is killing the club & the fan base
It’s grim. Utterly grim and thoroughly depressing
we probably need three Harry Kane level players to come through the ranks to have any hope of top 4, let alone winning amything
How old is Joe Lewis? Wishing an old man death is not where I want to be but what other hope is there? Nothing will change - rudderless and hopeless under frugal investors who have no ambition to win, just grow their nest egg for another 25 years
It’s not killing attendances yet but I can see it falling off a cliff next season when Son is sold and the PL spectators F off
I guess we will cut memberships to a tenner to
Enable away fans to further infiltrate the home end and make it a neutral sports venue as opposed to a football ground. Better option would be to degrade properly. give away fans the entire South Stand
Ange had a point when he said "I've almost lasted two years, which is pretty good for Tottenham. At some point, the club needs to stick to something."
Saying that doesn't help his job security but if he is saying those at the top of the club have a lot of questions to answer he is not wrong.
Saying that doesn't help his job security but if he is saying those at the top of the club have a lot of questions to answer he is not wrong.
But
It's more like he's still having a go at the supporters who now want him out. If he's also goading Levy it won't end well for him.
I agree, but I think it's been 18 managers in the 24 years of ENIC (a lot more if you add the caretakers), and Poch did 4 or 5 of those years. It doesn't fill you with confidence that the people at the top know what they are doing.