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Management ENIC

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ENIC In or ENIC Out

  • Total voters
    209
Ulrika-ka-ka-ka said:
Errrr.

You have a fundamental misunderstanding. By “huge loans” if you mean the stadium debt this is a THFC asset and therefore debt. If you mean the debt associated with the property development such as the hotel, whitewebbs, Go karts, etc. this is all THFC assets and therefore debt.

Levy owns circa 30% of ENIC. ENIC owns circa 85% of THFC. THFC owns the stadium, property development and other commercial opportunities. If someone else buys Tottenham, they buy the subsidiary THFC from ENIC and inherit all the asset, debt and revenue streams.
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Not necessarily. A FC can be sold without the sale of its assets or with only a portion of it's assets. Levy is exactly the kind of person who would sell the FC and keep the Hotel, Museum, Go Cart Track and NFL franchise.
 
Matt1882 said:
It's all guaranteed income. He doesn't have to gamble £500,000,000 to try to win the title and fail, when he can just just money and influence to get more non football events. The maximum number per year has gone up steadily ever since it first opened. Then the types of non matchday event's have increased regularly too.

And that's all fallen in line with big earners like Dier, Kane and Lloris off the books replaced with sub £100k a week players and kids.
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Have an empty stadium for 3 or 4 games and you'll see the value to the FC plumit. You can have 100 Beyonce concerts but the is no Tottenham FC without Fans.

I cannot understand why people think that they have no value or that they have no influence on the FC.
 
Gazzapen said:
Battered Woman syndrome. The husband/partner beats her up and claims it's because he Loves her. She get used to it and then identifies each beating as a little more Love. It usually goes on until one of the beatings bring it to an end.
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Shit analogy.

Gazzapen said:
You clearly suffer from Levy Batters syndrome. He builds a 3-5 billion empire and completely neglects the very reason why you handed him your cash in the first place, i.e. The Football Club of which the biggest asset is the Football team. Every Game you go to is a donation to The Levy ENIC fund. It is becoming less and less about supporting 'Your' FC and more and more about throwing your 10p into the ENIC well.
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I've been to the protests, which is a lot more than others who scream Levy Out on here. I buy 2 STs each season (been supporting Tottenham for close to 50 years. That won't stop). I spend nothing in the shop/stadium.

Gazzapen said:
PS: I'm not in the UK, so yes, I haven't watched many games. But I've spent (what is to us) a fortune to fly all the way to the UK and visit White Hart Lane. For us that's a once in a lifetime trip.
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You know it amazes me, that 90% of those who call for boycotts of games don't go to games, whether they live here or abroad. Strange that! 🤔


Gazzapen said:
I'm glad I didn't waste it on 'The Stadium that remains Nameless".
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To us fans the stadium isn't nameless - it just doesn't need Amazon or Wendy's to sponsor it.
 
FightingIllini said:
And yet as always, the little fucker has the devil's luck. The Europa League title massively lifts the pressure off of him relative to the uproar that was building before we won it.
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Nah. The genie is out of the bottle now mate. The scale of last season's protests and associated media attention is unprecedented.
It's only a matter of time until they start up again. Levy and ENIC are now clinging on to a greasy pole. The trophy ain't changing nothing.
 
Tottenham Massive said:
The scale of last season's protests and associated media attention is unprecedented. It's only a matter of time until they start up again.
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I agree with this, but the trophy matters a lot.

The details of the business practices remain damning and unsustainable, but the ethos of the club can cut in Levy's favor as surely as it cuts against him: The Game Is About Glory.

It would have been a VERY different scenario come August if we'd lost in Bilbao.
 
dondo said:
Not that much. Say 30000 fans don't turn up (tickets paid for) not everyone buys food and drink at the ground, what are they losing 50/70k?? Hardly earth shattering for a big football club is it?
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Not every fan buys food and drink, but some fans but multiple drinks before, half time and after the game ends. Ticket prices make up a huge reason we're in the top 3 matchday income clubs in Europe, but it's not matchday income alone.

I'm not advocating for a no show by ST holders, I pay too much for mine to just not show up, but it would hurt the club a noticeable amount.
 
Tottenham Massive said:
Nah. The genie is out of the bottle now mate. The scale of last season's protests and associated media attention is unprecedented.
It's only a matter of time until they start up again. Levy and ENIC are now clinging on to a greasy pole. The trophy ain't changing nothing.
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Still sooooooooo bitter we won that trophy. :angecup:


Happy Antonio Banderas GIF
 
bk_spur said:
They won’t- Spurs are a salary, retirement and debt generating machine for them.
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I'll wait until the end of the window to offer full judgement, but if we enter it, with a manager and have failed to back him suitably, then I will in an instant move from pragmatic to a stance that will be all too obvious at the time.

And it won't be dependent on how the season goes, as opposed to the abject failure to act.
 
JimothyCF14 said:
Not every fan buys food and drink, but some fans but multiple drinks before, half time and after the game ends. Ticket prices make up a huge reason we're in the top 3 matchday income clubs in Europe, but it's not matchday income alone.

I'm not advocating for a no show by ST holders, I pay too much for mine to just not show up, but it would hurt the club a noticeable amount.
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Even if
JimothyCF14 said:
Not every fan buys food and drink, but some fans but multiple drinks before, half time and after the game ends. Ticket prices make up a huge reason we're in the top 3 matchday income clubs in Europe, but it's not matchday income alone.

I'm not advocating for a no show by ST holders, I pay too much for mine to just not show up, but it would hurt the club a noticeable amount.
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It's still chump change in the grand scheme of things
 
FightingIllini said:
I agree with this, but the trophy matters a lot.

The details of the business practices remain damning and unsustainable, but the ethos of the club can cut in Levy's favor as surely as it cuts against him: The Game Is About Glory.

It would have been a VERY different scenario come August if we'd lost in Bilbao.
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The trophy matters to the fans, but it's not likely to quell the appetite for change. In fact, now we've finally tasted some trophy success, the fanbase will be hungry for more. And rightly so.
Any signs of the club remaining stagnant and standing still and the touch paper will be lit.
 
JimothyCF14 said:
Spurs make nearly a million per match in food and drink, not £80k. Levy would absolutely notice that sort of revenue drop.
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They don't make a million a game in food and drink that's ridiculous statement. Firstly as I stated before not everyone eats and drinks at the stadium and secondly they buy the food and drink at cost and pay staff members to serve it. The actual profit is far less
 
Gazzapen said:
Have an empty stadium for 3 or 4 games and you'll see the value to the FC plumit. You can have 100 Beyonce concerts but the is no Tottenham FC without Fans.

I cannot understand why people think that they have no value or that they have no influence on the FC.
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It would take forever to have actual empty seats though.
Levy doesn't care if there is an actual bum on the seat, just that the (overly expensive for the level of ambition) seat is paid for.

40k plus seats per game have already been paid for. The remaining 20k or so are gonna mostly sell out as it's still a draw even for the tourists.
 
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